Franklin FTSE South Korea ETF is trading 3.5% up today, extending a sharp rebound as South Korean equities, particularly chipmakers, rally to record highs. - The surge is primarily fueled by explosive, AI-driven demand for high-bandwidth memory (HBM) chips and proactive corporate governance reforms. - Major chipmakers like SK Hynix (up nearly 6% to a record high) and Samsung Electronics (up over 1%) led the Kospi to another all-time high. - The fund has demonstrated significant momentum recently, posting double-digit percentage gains over the last several sessions.