KORU is trading 15.72% up at $857.76 pre-market as South Korean equities and major chipmakers rebound. - The rally is significantly fueled by SK Hynix's plans to raise $29.4 billion through a U.S. stock market listing. - Sentiment is further boosted by Micron Technology's stronger-than-expected quarterly sales forecast, which has lifted Samsung Electronics and broader AI-linked stocks. - This recovery follows an "extreme forced-selling and global AI rout" seen on June 23, and is supported by broader risk-on sentiment in global futures.