EWY is trading at $150.33, down 5.94%, as investors pull back from AI-linked semiconductor stocks amid higher-rate and AI-funding concerns. - South Korean equities are under heavy pressure: the KOSPI fell 8.02%, while Samsung Electronics and SK Hynix dropped sharply, weighing on EWY. - The selloff follows hotter-than-expected U.S. September CPI, up 3.7% annually versus 3.6% expected, renewing concern borrowing costs may stay elevated and pressuring capital-intensive technology stocks.