🔴 South Korea ETF (EWY) is trading 6.64% down as AI return concerns hit chip stocks

EWY is trading at $151.82, down 6.64%, as doubts about AI investment returns weighed on technology and semiconductor shares.

• South Korea’s KOSPI fell 3.48% on October 30; overnight U.S. technology losses and earnings concerns intensified pressure.
• Samsung Electronics and SK Hynix fell 3.02% and 7.08%, respectively, helping drag South Korean equities lower. EWY’s move aligned with the sector selloff; live-session volume details were not provided.