This week, South Korea's stock market, known for its strong performance yet high volatility on the global stage, will see the launch of its first batch of individual stock leveraged exchange-traded funds (ETFs). Designed to amplify both investment gains and losses, these leveraged funds target two chip stocks—Samsung Electronics and SK Hynix—aiming to provide investors with double the daily price fluctuation of these individual stocks. As core players in the global artificial intelligence (AI) supply chain, the stock performances of Samsung Electronics and SK Hynix have consistently drawn significant attention. Analysts anticipate that these ETFs will generate strong interest among South Korea's over 14 million retail investors. However, with frequent intra-day swings of 5% in the Korea Composite Stock Price Index (KOSPI), market exuberance could further exacerbate volatility. Experts caution that these funds will heighten concentration risks in individual stocks, keeping equity index volatility persistently high, posing operational challenges for long-term investors, and becoming a structural concern for the South Korean market. Nevertheless, driven by the investment fervor in AI-related stocks, these funds are still expected to attract substantial capital inflows.