On September 17, T-REX 2X Long DRAM Daily Target ETF rose 8.04% in regular trading, trading at $12.8436/share, with turnover of $40.84 million.

On the news front, SK Hynix is reportedly in discussions with Intel over a cooperation agreement that could see memory chips produced on US soil for the first time. Options under consideration include leasing part of Intel's Ohio factory capacity or forming a joint venture with Intel and major cloud providers. SK Hynix's Korean-listed shares had already climbed over 4% on the news, while Intel surged as much as 5% intraday. SK Hynix cautioned that no decisions have been finalized. Separately, Bank of America raised its total addressable market forecast for the semiconductor industry, adding further momentum.

The broader storage chip sector rallied in tandem, with SK Hynix US shares up over 5%, Micron Technology up over 5%, and SanDisk up over 5%. The rally was further underpinned by Apple's reported acceptance of Samsung's Q1 2027 memory chip pricing, reflecting DRAM and NAND price increases of 30%-40% quarter-over-quarter, reinforcing expectations of sustained supply tightness heading into next year.

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