On May 21, Roundhill Memory ETF rose 5.13% in regular trading, trading at $54.24/share, with trading volume of $10.84 billion.
The surge is fueled by accelerating momentum in the global memory super cycle. The global memory market is projected to reach $551.6 billion in 2026, with expectations of approaching $1 trillion by 2027. DRAM contract prices have jumped over 50% for two consecutive quarters, while NAND prices rose 70-75% in Q2. HBM, driven by AI compute demand, faces a supply-demand gap of 50-60% that is not expected to ease below 20% until 2028.
Major memory producers including Micron, SK Hynix, and Samsung have simultaneously raised capital expenditure and locked in 3-5 year long-term supply agreements, signaling sustained expansion. Meanwhile, CXMT, China's leading DRAM manufacturer, reported Q1 revenue of 50.8 billion yuan with 719% year-over-year growth and updated its IPO prospectus seeking 29.5 billion yuan in funding for capacity expansion. The industry is experiencing unprecedented volume and price gains simultaneously, with the current upcycle expected to persist through mid-2027.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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