Shinhan Asset Management's net worth of "SOL U.S. AI Exchange Traded Fund (ETF) Series," which invests in semiconductors, software, and power infrastructure, exceeded 500 billion won. This is interpreted as a result of the surge in Nvidia shares since last year, and individual investors' interest in artificial intelligence (AI) has increased.
According to Shinhan Management on the 28th, the total net assets of the three SOL U.S. AI ETFs recorded 518.6 billion won. As of the closing price on the 27th, "SOL U.S.AI Software" has net assets of 321.9 billion won, "SOL U.S.AI Power Infrastructure" has 170.8 billion won, and "SOL U.S.AI Semiconductor Chipmaker" has 25.9 billion won.
After the listing of the three products, the total net purchase of individuals was 227 billion won.
Kim Jung-hyun, head of Shinhan Management's ETF business division, said, "Despite the spread of Dipsyck and the recent adjustment of Big Tech in the U.S., Nvidia's last earnings announcement showed the growth potential of the AI sector," and stressed, "It is necessary to use the recent adjustment as an opportunity to buy the beneficiary sectors from the spread of AI in the mid to long term."
On the 26th (local time), Nvidia announced earnings that slightly exceeded consensus and met quarterly guidance due to high demand for its next-generation AI semiconductor "Blackwell," dispelling concerns in various aspects surrounding AI. In particular, Nvidia CEO Jensen Huang said that the more advanced Generative AI is, the more AI chips are needed, indicating that infrastructure investment will continue.
"Blackwell's sales increase indicates that AI software and cloud service companies such as Google, MS, and Amazon, which are customers of GPUs, are steadily investing," Director Kim said. "It is the basis for predicting that the virtuous cycle surrounding the AI industry will continue, such as increased demand for AI chips, increased demand for electricity due to the expansion of infrastructure such as data centers, and advanced industries in front of Generative AI."
SOL US AI Semiconductor Chipmaker ETF is a product that invests heavily in non-memory semiconductors, which are the core of AI semiconductors, and fabless companies that have chip design original technology centered on Nvidia.
SOL The US AI Software ETF consists of AI platforms, applications/services, and cloud-related companies that correspond to front-end industries within the generated AI value chain.
SOL US AI Power Infrastructure ETF SOL US AI Power Infrastructure ETF is a product that focuses on how to solve power shortages in the AI era and invests in AI data centers, nuclear power, and power system facility companies.
As AI momentum continues, we are considering commercializing additional industries that are expected to benefit, such as AI semiconductors, AI software, and AI power infrastructure, Director Kim said, indicating the possibility of expanding the U.S. AI ETF series products in the future.
