🟢 EWY is trading 3.6% up today as Korean chip stocks rebound from a sharp selloff

EWY is trading 3.6% up today as major Korean semiconductor names stage a recovery following a sharp drop driven by memory-chip weakness and global risk-off sentiment.

• The gain reflects a calmer tone in broader risk markets, with U.S. indices trading modestly higher and sentiment stabilizing.
• Investors are selectively buying back into AI- and chip-exposed equities after the prior session’s heavy selling.
• The rebound marks a partial recovery for the South Korea-focused ETF as market participants reassess valuations in the tech sector.