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Memory chip demand boosts Direxion South Korea Bull 3X ETF (KORU) as AI infrastructure grows

Market News
12 Jun 2026
ETF Trends
View Source
Bullish
pluang ai news

The Direxion Daily South Korea Bull 3X Shares ETF (KORU), which focuses heavily on memory chip leaders Samsung and SK Hynix, is surging due to strong demand for memory semiconductors driven by AI infrastructure buildouts. Memory supply constraints and the long lead time to increase capacity support the bullish outlook. While KORU is volatile and suited for short-term trading, the growing demand from data centers and servers suggests continued momentum for this ETF in the second half of 2026. Investors with a high risk tolerance may find opportunities in this leveraged ETF amid the memory chip shortage.

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