🔴 South Korea ETF (KORU) is trading 11.41% down in pre-market as chip stocks slide on AI regulation fears

KORU is trading at $9.24 after a -11.41% move, as South Korea’s KOSPI plunged amid a semiconductor-stock selloff.

• Samsung Electronics and SK Hynix were among the major decliners.
• The selloff followed U.S. midterm results that stoked fears of tighter AI data-center regulation and slower investment.
• KORU seeks 300% of the MSCI Korea 25/50 Index’s daily performance, amplifying pressure from Korean equities.