South Korean memory-chip stocks are still cheap even after the recent rally and are likely to among the biggest gainers on any further signs of deescalation in the Middle East, according to a top-performing fund. Leading chip firms such as Samsung Electronics Co. and SK Hynix Inc. are poised to benefit the most from progress toward ending the Iran war, said Arjun Jayaraman a fund manager at Causeway Capital Management, whose $3. 4 billion emerging-market fund beat 96% of its peers over the past three years.
https://www.bloomberg.com/news/articles/2026-04-02/fund-beating-96-of-peers-says-buy-korean-chip-stocks-hit-by-war
