On June 1, Roundhill Memory ETF (DRAM) rose 5.13% overnight, trading at $66.32/share, with trading volume of approximately $58.74 million. The gain extends the explosive rally fueled by the global memory super cycle tied to AI infrastructure buildout.
The ETF, launched on April 2, has become the fastest ETF in history to surpass $10 billion in assets under management, achieving the milestone in approximately 50 calendar days while attracting over $8 billion in net inflows. Since inception, the fund has surged over 120%, surpassing the previous record held by iShares Bitcoin Trust. Its top holdings — SK Hynix, Samsung Electronics, and Micron Technology — collectively account for over 77% of portfolio weight, with both Micron and SK Hynix recently breaching the $1 trillion market capitalization threshold.
Wall Street remains bullish on the sector. UBS raised its Micron target to $1,625, Barclays lifted SanDisk to $2,300, and Nomura increased SK Hynix to 4 million Korean won, projecting a multi-year memory chip supply shortage driven by insatiable AI data center demand.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)