SEMI MANIA GETS A REALITY CHECK FROM SOUTH KOREA, PRUDENT INVESTORS PAY ATTENTION TO SHIFT IN AI TOKENS
By Nigam Arora
To gain an edge, this is what you need to know today.
Korea Drops 10%
Please click here for a chart of South Korea ETF (EWY).
Note the following:
- As we have previously shared, prudent investors pay attention to stocks in South Korea because South Korea is like a canary in the coal mine for the AI trade and the semiconductor mania. The reason is that two of the three biggest memory manufacturers, SK Hynix (HXSCL) and Samsung (SSNLF), are South Korea based. The third is Micron (MU). Micron is U.S. based. An easy way to watch the South Korean market is to watch ETF EWY.
June 23, 2026