Information released on the 28th by the U.S. memory-themed exchange-traded fund (ETF), Roundhill Memory ETF (DRAM), shows the fund has purchased shares of Chinese company GigaDevice Semiconductor Inc.

GigaDevice stock now holds a 2.91% weighting within the fund, making it the eighth-largest holding. The fund holds 6.576 million shares of GigaDevice with a market value of $744 million.

Data indicates this ETF was established in April 2026 and is an actively managed fund with assets under management totaling $24.43 billion.

The Roundhill Memory ETF invests in global companies involved in the production and supply of high-bandwidth memory (HBM), NAND flash, and dynamic random-access memory (DRAM), which are seen as bottlenecks in the ongoing artificial intelligence revolution.

Due to significant recent price increases for chip stocks, the price of the Roundhill Memory ETF has risen from below $28 per share in early April to above $80 per share on the 22nd.