🔴 EUV is trading 3.2% down today following a sharp plunge in South Korea’s market

EUV is trading 3.2% down today as global technology stocks sell off following a sharp plunge in South Korea’s market.

• A Bank of Korea rate hike triggered a 6.6% drop in the KOSPI and double-digit declines in major semiconductor names.
• The downturn has soured global sentiment toward chip and photonics stocks, impacting specialized funds.
• As an ETF focused on semiconductor and photonics equities, EUV is falling in line with this sector-wide risk-off move.