EWY is trading at $145.06, down 4.64%, as South Korean chip stocks sell off amid fears that a Democratic sweep of Congress could bring tighter U.S. regulation of AI data centers and slow investment.

  • Samsung Electronics and SK hynix fell sharply, while foreign investors sold heavily in South Korea, amplifying the decline.
  • The move reflects concentrated weakness in Korea’s semiconductor-heavy market, alongside losses in related U.S. chip stocks.