On June 18, Tradr 2X Long SNDK Daily ETF rose 9.39% in regular trading, trading at $40.49/share, with turnover of $375 million. The leveraged ETF amplified gains in the underlying storage sector as multiple catalysts converged.

The rally was driven by broad-based strength in storage and semiconductor stocks. Aletheia Capital significantly raised DRAM and HBM price expectations, stating that memory is becoming the most critical component in AI hardware, with its value share projected to rise from approximately 40% in 2025 to over 70% by 2027. Separately, JPMorgan substantially upgraded its global wafer fab equipment market forecast, projecting 28% growth in 2026 and 29% in 2027, citing AI demand spreading across memory, advanced packaging, and networking. Morgan Stanley noted that storage supply shortages may persist through at least 2028, exceeding prior expectations, as AI server DRAM usage runs 8-10x that of conventional servers. Western Digital and other storage names rose over 5% in pre-market trading amid the sector-wide momentum.

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