Stock Track | Roundhill Memory ETF Plunges 8.41% as Jingcun Technology's IPO Filing Raises Competition Concerns

Stock Track
May 18

The Roundhill Memory ETF (DRAM) experienced a significant 8.41% decline during extended hours trading, reflecting investor concerns in the memory sector.

The sharp drop appears to be linked to news that Shenzhen-based memory chip manufacturer Jingcun Technology has submitted a new listing application to the Hong Kong Stock Exchange. As a leading player in the global embedded memory sector with top positions in LPDDR shipments among independent manufacturers, Jingcun's move to go public signals increased competition in the memory chip market.

Investors may be concerned that the successful IPO of a major competitor like Jingcun Technology could potentially dilute market share for existing memory companies within the ETF's portfolio. The company's impressive financial performance, including 890% year-on-year net profit growth in 2025, suggests it could become a formidable competitor in the AI-driven memory market that many ETF constituents are targeting.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10