On July 14, the prices of newly launched leveraged products that track major South Korean chip stocks experienced a sharp decline, leaving retail investors in South Korea vulnerable to substantial potential losses. Based on data from foreign media, since their debut at the end of May, the prices of over ten leveraged ETFs that follow the performance of Samsung Electronics and SK Hynix have nearly been cut in half. Notably, the KODEX SK Hynix Single Stock Leveraged ETF, the largest among them with assets under management amounting to USD 3.4 billion, has seen a cumulative drop of roughly 45% since its listing and a staggering decline of over 60% from its peak in June. Jung In Yun, the CEO of Fibonacci Asset Management, commented that the severe downturn in leveraged ETFs has inflicted a significant setback on retail investors, many of whom regard these ETFs as long-term investment vehicles. The losses incurred from such ETFs could dampen retail investors' enthusiasm and financial capacity to invest in semiconductor stocks. Consequently, the market's future rebound may hinge more heavily on the inflow of foreign institutional capital.