EWY is trading 3.1% up today as South Korea equities rebound following a sharp selloff in the semiconductor and AI-infrastructure sectors.

  • Global futures are firmer and U.S. semiconductor stocks are leading pre-market gains, boosting risk appetite for tech-heavy markets like the Kospi.
  • The recovery follows recent pressure on the sector, including an 11% drop in SK Hynix and concerns over AI chip spending and emerging Chinese competition.
  • South Korea's equity market is seeing a relief rally as sentiment stabilizes across the global technology supply chain.