Investors Are Using Leveraged ETFs to Turbocharge AI Bets

Investors Are Using Leveraged ETFs to Turbocharge AI Bets Funds have begun to magnify swings in stocks like SK Hynix, analysts say This article is for subscribers only. Asian chip stocks are down sharply today, tracking tech losses on Wall Street. Shares of South Korea’s SK Hynix and Samsung Electronics slumped about 15% and 9%, respectively. Japan’s Kioxia Holdings plunged more than 13%. The trigger was news that Meta Platforms is developing a cloud infrastructure business that would sell access to AI computing power and models, raising concerns that the company’s spending has led to overcapacity.