“Seohak Ants’ Investment Losses Increase as Nvidia’s Earnings Soar: Concerns for Semiconductor Sector”

The Seohak ants, who bet on the semiconductor sector, are on edge. As stock prices continue to soar due to Nvidia’s ‘Earning Surprise’, concerns are raised that Seohak Ant’s investment loss will increase.

According to Korea Securities Depository Savero on the 27th, the top 5 net purchases by domestic individual investors from the beginning of the year to the 25th were ‘DIREXION DAILY SEMICONDUCTOR BEAR 3X·SOXS’ ETF. appear.

Net purchases during this period amounted to 152.8 million dollars (approximately 202.6128 billion won). The ETF backtracks three times the daily return of the ICE Semiconductors Index. Investors are in danger of losing money as Nvidia posted better-than-expected results after the market close on the 25th.

Nvidia’s stock price rose 165.32% this year until the 26th. Its performance from February to April far exceeded market expectations, and on the 25th (local time), it closed at $379.80, up 24.37% from the previous day. During the day, it surpassed $395 and recorded an all-time high.

Shares of SOXS, which tracks back three times the daily return of the ICE Semiconductor Index, are down. This index invests in the top 30 stocks by market capitalization among stocks classified as semiconductors by the Industrial Classification Benchmark (ICB).

In fact, the standard price (stock price) of the ETF, which was 40.89 (closed price) on January 3 this year, has fallen to $14.10 as of the 26th, and Nvidia’s stock price has plunged nearly 20% only on the 25th, when it hit an all-time high. During this period, investors who hold the ETF are concerned about losing more than 20%.

Na Jeong-hwan, a researcher at NH Investment & Securities, said, “The possibility of semiconductor demand expansion following production cuts by memory semiconductor companies is a factor that raises expectations for semiconductor performance improvement in the second half, which is positive for stock prices.” “he said.

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