Hopefully the US tech recovery we're seeing provides some relief to KOSPI, which is down around 20% after five straight red sessions.
DRAM is 47% Samsung and SK Hynix, and those two make up more than half of KOSPI, so the chain is pretty direct. I think we need Korean investors to stabilize and start buying again before $Roundhill Memory ETF(DRAM)$ can realistically get back to the $60, $70, and $80 range.
$Micron Technology(MU)$ and $SanDisk Corp.(SNDK)$ aren't going to carry this thing on their own.
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