On September 4, Roundhill Memory ETF rose 5.08% in regular trading, trading at $58.795/share, with turnover of $1.219 billion. The rally was driven by industry data showing the global DRAM market reached a record high in the second quarter.
According to CFM Flash Market data, Q2 global DRAM market revenue reached $147.024 billion, surging 55.9% quarter-over-quarter to an all-time high. The growth was powered by robust demand for servers and HBM (High Bandwidth Memory) products, with manufacturers achieving both volume and price increases. Separately, Counterpoint Research reported that Q2 global NAND revenue expanded 70% QoQ, primarily driven by a 55% price increase. Samsung (28%), SK Hynix (19%), and Micron (15%) held the top three positions in NAND market share.
Memory chip stocks rallied broadly, with SanDisk up over 5%, Seagate up over 4%, and Micron, Western Digital, and SK Hynix each up over 3%. Looking ahead to Q3, while the pace of price increases may moderate, supply constraints driven by HBM capacity allocation are expected to keep the supply-demand balance tight in the near term. SK Hynix CEO previously stated that the global memory chip shortage could persist through the end of the decade.
(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.)
Comments