DRAM ETF Assets Hit $21 Billion AUM, But Key Risks May Lead To A Reversal - Micron Technology (NASDAQ:MU)

The DRAM ETF theme is centered on record momentum and growing scale, as the Roundhill Memory ETF (CBOE: DRAM) extended a strong rally to a record $77.63. Launched in April, it is up 173% from its launch low and has posted weekly inflows every week since inception. Assets under management have now reached $21 billion, the fastest ETF to hit that milestone. The fund has been buoyed by surging memory chip demand, with Samsung Electronics and SK Hynix also reporting sharp year-over-year gains. Samsung said first-quarter revenue jumped to $90 billion and operating profit rose 750%, while SK Hynix reported revenue near tripling to $35.55 billion and an operating profit margin of 72%. Key risks include Micron’s results this week and near-overbought technicals.