EWY is trading at $162.95, up 3.49%, as South Korean shares rallied on October 28 after SK hynix reported record third-quarter results, citing robust AI-memory demand.
- The KOSPI rose more than 6% during the session, with Samsung and SK hynix among the chip leaders.
- SK hynix announced a large shareholder-return program.
- Renewed AI-investment optimism and easing oil prices also supported sentiment; EWY’s pre-market move follows a strong Korea-led semiconductor rally.