🔴 FLXK.DE is trading 3% down today amid a South Korean semiconductor correction and AI-chip trade fears

FLXK.DE is trading 3% down today as South Korean semiconductor stocks face a sharp correction following an overheated, AI-driven rally.

• The pullback reflects a correction in mega-cap Korean chip names following disappointing Samsung results and rising concerns over Chinese AI chip ambitions.
• These factors have triggered a broader global semiconductor selloff, placing significant pressure on the tech-heavy FTSE Korea 30/18 Capped index.
• The move marks a retreat for the ETF, which tracks large- and mid-cap South Korean equities, after previously reaching elevated levels during the recent tech surge.