Follow Temasek’s AI strategy! —3132 HK gives one-click exposure to global semiconductor giants

Today, the South Korean stock market received major news. According to recent market reports, Singapore’s sovereign wealth fund Temasek plans to make its first direct investment in the South Korean equity market, targeting $Samsung Electronics (005930.KR)$ and $SK Hynix (000660.KR)$ the two memory chip giants. Upon the announcement, shares of Samsung Electronics and SK Hynix surged more than 8% intraday, briefly driving the KOSPI index up by approximately 5%. [1]

Temasek: Memory chips are the 'most undervalued segment' in the AI value chain

According to reports, Temasek has characterized memory chips as the 'most undervalued' segment in the AI value chain. The fund views AI semiconductors asa long-term growth area driving structural industry transformation, rather than a short-term trend. It aims to significantly increase the proportion of AI-related investments in its overall portfolio from the current 6% to as high as 15% within the next five years. [1]

13F filing reveals holdings in NVIDIA, Taiwan Semiconductor, and ASML Holding

Temasek's positioning in the AI value chain did not start today. According to Temasek's 13F filing submitted to the U.S. Securities and Exchange Commission (SEC) on August 7, as of June 30 this year, the fund already held:

NVIDIA |

Taiwan Semiconductor |

ASML Holding

If Temasek successfully enters the South Korean equity market this time, it will perfectly complete its footprint in the core AI hardware sector, achieving full coverage across the entire industry chain—from GPU computing power, wafer fabrication, lithography equipment, to memory chips. [1]

Temasek's holdings significantly overlap with those of 3132 HK

Temasek's investment strategy in the AI semiconductor space aligns closely with $Samsung Bloomberg Global Semiconductor ETF (03132.HK)$ the holding logic of

3132 HK tracks the world’s top 20 semiconductor leaders, and its top ten holdings include the key names already held by Temasek— $NVIDIA (NVDA.US)$ 、 $Taiwan Semiconductor (TSM.US)$ 、 $ASML Holding (ASML.US)$ ——and already covers Samsung Electronics and SK Hynix, in which Temasek is actively positioning itself.

In other words, investors can achieve a similar diversified allocation through a single transaction with $Samsung Bloomberg Global Semiconductor ETF (03132.HK)$ , replicating the AI semiconductor portfolio that Temasek has spent significant resources researching, evaluating, and coordinating with governments to establish. From GPUs (NVIDIA), advanced foundry services (Taiwan Semiconductor), lithography equipment (ASML Holding) to memory chips (Samsung Electronics, SK Hynix), 3132 HK comprehensively covers all bottleneck segments of the AI computing value chain.

As the world’s top-tier sovereign wealth fund is putting real money behind the long-term structural growth of AI semiconductors, 3132 HK offers investors an efficient, transparent, and diversified vehicle to participate.

Data and source: Wall Street CN (August 12, 2026)

Samsung Asset Management (Hong Kong), as of August 12, 2026

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• Investment involves risks. Past performance is not indicative of future results. The price of funds may rise or fall, and investors may suffer all or substantial investment losses. Investors should not make any investment decisions based solely on this information.

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