🟢 iShares MSCI South Korea ETF is trading 3.8% up today on KOSPI rebound and Nvidia AI partnership reports

iShares MSCI South Korea ETF is trading 3.8% up as South Korean equities rebound from a recent market crash, supported by a recovery in global semiconductor stocks and reports of expanded AI infrastructure partnerships.

• The bounce follows the June 8 KOSPI Black Monday plunge, which saw an 8.4% crash led by Samsung and SK Hynix that triggered a Level 1 circuit breaker.
• Sentiment is bolstered by reports of Nvidia expanding its AI infrastructure partnerships in South Korea, boosting the tech-heavy indices tracked by the ETF.
• The recovery is further supported by a broader rally in global AI-related equities following the recent volatility in the semiconductor sector.