The AI Melt-Up Just Went Full Panic

Korea’s AI Panic

Korea’s AI and memory-driven squeeze continues to accelerate. KOSPI surged another 6.5% overnight, volatility is finally starting to chase the move higher, and call positioning has exploded. Memory exports are printing record triple-digit growth rates, while names like SK Hynix and Samsung continue to rip as the AI frenzy intensifies.

The move is starting to look less like a rally… and more like outright upside panic.