$DRAM

Roundhill Memory ETF (DRAM) and its leveraged counterpart (RAM) fell 4.4% and 8.8% respectively due to concerns over Chinese chip competition. Micron, SK Hynix, and SanDisk lost $108B in market value. China's CXMT reported progress in chip design, raising fears of price pressure. DRAM's top holdings include Samsung, SK Hynix, and Micron. RAM's leverage magnifies daily performance. Analysts debate AI demand vs. supply and Chinese competition impact.

The article cites a definitive agreement under which Vertex Pharmaceuticals will acquire Crinetics for $85 per share in cash, valuing equity at about $10 billion. It also notes picks for VNQ and Nvidia (NVDA), with Nvidia shares up 3.7% to $204.12 after reports that China may allow limited Nvidia H200 chip purchases.

Nvidia CEO Jensen Huang said on a trip to South Korea that semiconductor supply chains, from wafers to packaging and silicon photonics, are in short supply due to high demand and “will persist for several years,” according to his remarks. The article links this to AI-driven memory demand, especially HBM, and notes the Roundhill Memory ETF (DRAM) holds memory/storage firms (e.g., Micron, Samsung, SK Hynix) with a 0.65% expense ratio.