QUICK SPARK: Memory ETF DRAM Rallies 11% on Best Day in Over a Month
Micron Technology, Inc. MU | 0.00 | |
Western Digital Corporation WDC | 0.00 | |
Sandisk Corporation SNDK | 0.00 | |
SK hynix Inc. Sponsored ADR SKHY | 0.00 | |
Roundhill Memory ETF DRAM | 0.00 |
The Roundhill Memory ETF (NYSE:DRAM) rallied 11.7% on Tuesday, the strongest single session in more than a month and on track to be the fourth-best day since the fund’s inception.
The pop rode a fresh surge across the memory chipmakers at the center of the artificial-intelligence buildout.
Kioxia Holdings Corporation (OTC:KXIAY) led the group with a 17% gain.
Micron Technology Inc. (NASDAQ:MU), SanDisk Corp. (NASDAQ:SNDK) and Western Digital Corp. (NASDAQ:WDC) followed with gains between 12 and 13%.
SK Hynix Inc. (NASDAQ:SKHY) rose more than 10% and Samsung Electronics Co., Ltd. (OTC:SSNLF) added 6%.
The Roundhill Memory ETF is now up more than 100% since its April 2 debut.
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