KORU is trading at $21.09 (+3.03%) in after-hours trading after Nvidia reported strong second-quarter results.
- Nvidia reported $96.2 billion in second-quarter revenue, up 106% year over year.
- Korean chip shares and the KOSPI gained ahead of Nvidia’s results, supporting KORU’s leveraged exposure.
- The rally likely reflects renewed confidence in the AI-driven semiconductor cycle; sentiment toward Samsung Electronics and SK Hynix may improve, while August 27 trading could remain volatile around inflation data and Federal Reserve commentary.