BME:TEF 7 July 2025 - 16 July 2025

June 28, 2026, 9:12 AM EDT. Emerging market ETFs are increasingly linked to the AI semiconductor supply chain, shifting away from China dominance. Assets in South Korea and Taiwan ETFs have surpassed those focused on China, reflecting the growing importance of companies like Samsung, SK Hynix, and Taiwan Semiconductor Manufacturing. This realignment ties emerging markets more closely to global chip cycles impacting U.S. tech stocks. Differences in index classification mean ETFs like iShares MSCI Emerging Markets (EEM) include South Korea and have higher semiconductor exposure, while Vanguard FTSE Emerging Markets (VWO) excludes it. Investors seeking diversification should now scrutinize underlying holdings, as EM funds often double as routes into AI hardware.