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Why the KORU 3X South Korea Bull ETF Is Surging as SK Hynix Rips on HBM4 News

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Why the KORU 3X South Korea Bull ETF Is Surging as SK Hynix Rips on HBM4 News

Direxion’s KORU ETF jumped about 15% intraday Tuesday as Korean memory chipmakers rebounded. The move is attributed to an SK Hynix HBM4 milestone linked to NVIDIA, sparking renewed risk-on positioning in South Korea semiconductor exposure.

Analysis

Direxion’s KORU ETF jumped about 15% intraday Tuesday as Korean memory chipmakers rebounded. The move is attributed to an SK Hynix HBM4 milestone linked to NVIDIA, sparking renewed risk-on positioning in South Korea semiconductor exposure.

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