- Will South Korea ETF (EWY) hit (HIGH) $181 Week of August 24 2026?95¢
- Will South Korea ETF (EWY) hit (HIGH) $185 Week of August 24 2026?65¢
- Will South Korea ETF (EWY) hit (HIGH) $184 Week of August 24 2026?77¢
- Will South Korea ETF (EWY) hit (HIGH) $183 Week of August 24 2026?85¢
- Will South Korea ETF (EWY) hit (HIGH) $182 Week of August 24 2026?87¢
South Korea's EWY ETF, heavily weighted toward semiconductors with Samsung Electronics and SK Hynix comprising over 40% of assets, has seen its price action driven primarily by the AI memory-chip supercycle. Strong global demand for high-bandwidth memory has fueled record chip exports, prompting the Korea Development Institute to lift its 2026 GDP growth forecast to 3.2% and supporting KOSPI rebounds above 6,850 amid buyback announcements and positive Micron results. The fund trades near $179–180 after a sharp correction from June peaks near $220, reflecting volatility tied to AI valuation concerns, foreign flows, and KRW movements. Traders are watching August export data, Bank of Korea policy signals, and any shifts in U.S. Treasury yields or Fed communications that could influence risk appetite for the high-beta emerging-market exposure.