🟢 EWY is trading 5% up today as chip-sector optimism fuels KOSPI rebound

EWY is trading 5% up today as South Korea’s market attempts to rebound from a sharp KOSPI selloff tied to semiconductor stocks.

• Sentiment is being lifted by early strength in U.S. tech and AI-related names, sparking bargain hunting in Samsung and SK Hynix after recent double-digit swings.
• The ETF is tracking a broader recovery in global risk assets and renewed chip-sector optimism rather than fresh, fund-specific catalysts.
• While the local intraday rebound in the KOSPI has faded slightly, EWY continues to benefit from the positive momentum across the technology sector.