Roundhill Memory ETF is trading at $61.40 (10.1% up) as global memory stocks rebound following a reassessment of South Korean proposals regarding AI-chip windfall profit taxes.

  • The sharp recovery follows a two-day slide triggered by a Broadcom-led semiconductor selloff and a hawkish jobs-data shock that pressured the tech sector last week.
  • Investor sentiment improved as fears regarding potential tax impacts eased, prompting a reversal of recent profit-taking across the memory-focused landscape.
  • The move marks a significant turnaround from recent AI-chip and interest rate worries that had previously weighed on the ETF's performance.