🔴 South Korea Bull ETF (KORU) is trading 7.85% down as chipmakers retreat over AI returns

KORU is trading at $10.91, down 7.85%, as investors take profits in South Korean chipmakers amid concerns about returns on AI infrastructure investment.

• South Korea’s KOSPI closed down 3.52% on October 22; Samsung Electronics fell 4.03% and SK hynix 5.49%.
• Broader risk aversion and U.S. technology weakness added pressure, while Korean semiconductor selling was the clearest direct catalyst for this leveraged South Korea ETF.