E Fund Asia Semiconductor ETF (03486.HK) up 3.12%, chips extend rally

NewTimeSpace News: US chip stocks advanced overnight, with AI computing and memory upcycles lifting Asian semiconductor shares in early trade. As of 10:10 HKT on September 22, 2026, E Fund Asia Semiconductor ETF (03486.HK) rose 3.12% intraday to HK$21.180, with turnover of HK$6.8172 million, trading volume of 322,000 units and a turnover rate of 3.32%.

NewTimeSpace learned that the ETF, managed by E Fund Management (Hong Kong), tracks the Solactive Asia Semiconductor Select Index, covering semiconductor chain companies listed across Asian markets, and is a passive equity index product. As of 10:10 HKT on September 22, 2026, it has assets under management of HK$198 million, a net asset value of HK$20.412 per unit and a board lot of 100 units.

On the news front, US chip stocks rallied overnight, with AMD's market value topping US$1 trillion for the first time; Asia's semiconductor chain remains in an upcycle, with Korea's memory exports up 276.9% year on year in July, DRAM exports up 394.6%, and major Taiwanese memory makers posting 424.4% revenue growth in July.

Guotai Haitong noted that the memory industry has shifted from a beneficiary of AI computing investment to a key bottleneck constraining AI infrastructure, with AI-driven structural shortages running through the supply chain and the gap still widening; slower contract price gains in Q3 2026 are not a sign of a cycle top, and the uptrend is expected to extend into 2027. 

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