According to Korean media MK, South Korean individual investors in September shifted holdings away from U.S. semiconductor stocks and rotated into semiconductor leverage ETFs. Net sell-offs included Micron exceeding $100 million, SanDisk $68.61 million, Marvell Technology $49.37 million, and Nvidia $15.56 million. SK Hynix ADRs, which listed on NYSE in July, saw net selling of $46.16 million during the period, reversing from cumulative net buying of $811 million through end of August. Investors moved approximately $400 million into SOXL during the transition.
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