SK Hynix Tops $900 Billion as Memory Rally Lifts DRAM ETF
SK Hynix's market capitalization surpassed $900 billion as memory-related assets extended a sharp rally. The newly launched Roundhill Memory ETF, trading under DRAM, has climbed about 90% since its April 2 debut and accumulated $6.5 billion in assets in 36 days.
Korean memory-chip export prices also rose steeply over the past month, with DRAM up 35%, flash up 47% and SSDs up 140%.
From the sources (3 posts)
@kimmonismusThe newly-launched Roundhill Memory ETF (DRAM) has surged about 90% since its debut on April 2. $6.5b in assets in only 36 days, faster than any ETF ever. we are in for a wild ride. AI keeps eating DRAM like spaghetti.
@jukan05* SK hynix’s market cap surpasses $900 billion.
@kimmonismuswtf Korean memory chip export prices are going vertical. DRAM up 35%, flash +47%, SSDs +140% in just one month. This is what an AI infrastructure supercycle looks like in real-time.