Korea's AI Trade is stacked with 5 geopolitical risks. Micron has none of them.

EWY sells itself as a Korean country fund, but half sits in just two chipmakers, SK Hynix and Samsung Electronics, with a labor strike, a new mandatory treasury-share cancellation regime, and a North Korean missile program layered on top. The cleaner expression of the same AI memory thesis is Micron, trading at roughly 8x consensus fiscal-2027 EPS estimates and carrying a Wall Street Strong Buy with no sell ratings.