The RoundhillMemoryETF (DRAM) slumped by over 8% in the pre-market session as the volatility in the industry escalated ... DRAM ETF is a relatively new fund that was launched in April to give investors an exposure to the booming memory industry.
The company said the expanded investment supports its goal of producing 40 percent of its DRAM memory in the U.S ... See All ... Micron said the New York facility is central to its strategy of producing a larger share of its DRAM chips domestically ... .
Contract prices for server DRAM chips skyrocketed by 53 percent to 58 percent in the second quarter, the Taipei-based researcher said in a report ... As a result, CSPs are likely to seek more DRAM chip supply next year, it said.
The memory trade seemed unstoppable, until it wasn't. Memory chip stocks have been the hottest trade for much of this year. SanDisk has crushed the S&P 500, with its staggering 764% increase making it the market's top performer in the first half ... ....