🔴 EWY is trading 4.4% down today on Broadcom's weak AI guidance and renewed semiconductor selloff

EWY is trading 4.4% down today as South Korean equity markets face renewed pressure following Broadcom’s weaker-than-expected AI revenue guidance.

• The ETF, which tracks South Korea’s equity market, is heavily exposed to major AI-linked chip names including Samsung and SK Hynix.
• Sentiment remains weighed down by the lingering fallout from a recent double-digit market plunge in South Korea, driven by crowded AI trades and oil price shocks linked to Middle East tensions.