South Korea ETF (EWY) is trading 5.3% up today as global AI semiconductor sentiment recovers following a blowout earnings report from Micron.

  • Heavyweight holdings including Samsung Electronics and SK Hynix are driving the sharp rebound after recent extreme volatility in Korean tech and AI-related names.
  • The rally marks a significant turnaround for the MSCI Korea-linked fund following a prior AI-driven selloff in South Korean equities.