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How leveraged chip ETFs magnified Korea’s market swings

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How leveraged chip ETFs magnified Korea’s market swings
How leveraged chip ETFs magnified Korea’s market swings
Earlier this year, South Korea emerged as the world's best-performing stock market as an artificial intelligence-driven memory chip boom propelled the country's top chipmakers Samsung Electronics and SK hynix to record highs. The chip rally, however, quickly unraveled as investors grew concerned that Big Tech companies
MarketWatch
MarketWatch🏁 first to report10 hrs ago
Leveraged ETFs tied to SK Hynix are getting hammered as chip wreck deepens
Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs