The post This Asian Stock Market Is up 75% This Year: ‘The Chip Boom Isn’t a Wall Street Story’ appeared first on 24/7 Wall St..
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iShares MSCI South Korea ETF (EWY) is up 87% year-to-date through May 6, 2026, outpacing the iShares Semiconductor ETF (SOXX) which is up 68% YTD and the SPDR S&P Semiconductor ETF (XSD) which is up 65% YTD, driven by concentration in memory-chip stocks tied to AI infrastructure demand. Applied Materials (…