On July 27, Roundhill Memory ETF rose 5.04% in pre-market trading, trading at $55.85/share, with turnover of $10.2068 million.
On the news front, over the weekend SK Group and Samsung Electronics reached chip partnership agreements valued at approximately $950 billion with major US technology companies. SK Group will supply $750 billion worth of chips to US tech companies including NVIDIA, while Samsung Electronics and Broadcom plan to jointly develop advanced memory chip manufacturing in a deal exceeding $200 billion. Additionally, Anthropic signed supply agreements with Samsung Electronics and SK Hynix.
SK Group Chairman Chey Tae-won stated that AI customers' demand for memory chips far exceeds previous expectations, and NVIDIA's projected memory chip demand over the next five years may still prove to be underestimated. These landmark agreements indicate that global AI leaders are racing to secure high-performance memory supply, significantly alleviating market concerns over the sustainability of AI-driven memory demand and directly driving the pre-market rally across the memory chip sector.
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