NH-Amundi Asset Management's HANARO Fn K-Semiconductor ETF delivered a 181.65% year-to-date return as of the previous session, the strongest performance among South Korea-listed ETFs excluding leveraged products. The fund tracks the FnGuide K-Semiconductor Index and invests in 20 South Korean semiconductor companies, with Samsung Electronics and SK hynix among its largest holdings, alongside SK Square, Samsung Electro-Mechanics, Jusung Engineering and Isu Petasys. Semiconductor shares rallied again after correcting in the second half of the year as global technology companies intensified investment in artificial intelligence infrastructure. Nvidia said AI had reached an inflection point and linked computing directly to revenue through token-based economic productivity, while OpenAI's release of GPT-6 Astra, reportedly trained with 100,000 Nvidia graphics processing units, reinforced expectations for stronger demand for memory and other chips used in large-scale computing systems. The sector remains sensitive to profit-taking, geopolitical tensions and higher oil prices, but AI-related demand continues to be a key driver of the ETF's performance.