E Fund Asia Semiconductor ETF (03486) rose more than 5% in the morning session, reaching a high of HKD 23.78, setting a new high since its listing. It is worth mentioning that driven by the sustained high global semiconductor industry and the explosive demand for AI computing power, the ETF has risen by more than 50% since its listing on March 26. As of the time of writing, it is up 4.35% to HKD 23.52, with a trading volume of HKD 15.6334 million. On the news front, driven by the explosion in demand for AI computing power, global chip stocks are surging. On May 27th, leading semiconductor giants in Japan and South Korea soared, with SK Hynix soaring more than 11% at one point, surpassing a market value of USD 1 trillion and becoming the third Asian company with a market value exceeding USD 1 trillion. Overnight, the US chip sector also saw an epic surge, with Micron rising more than 19% and its market value surpassing USD 1 trillion for the first time. Data shows that E Fund Asia Semiconductor ETF closely tracks the Solactive Asia Semiconductor Select Index, including leading Asian semiconductor companies such as SK Hynix, Hua Hong Semiconductor, TSMC, SMIC, and Tokyo Electron, covering core sectors in high-growth areas such as AI computing power, semiconductor equipment, and memory chips.