🔴 Roundhill Memory ETF is trading 7.3% down today on profit-taking in AI-exposed semiconductor and memory names

Roundhill Memory ETF is trading 7.3% down today as investors aggressively take profits in AI-exposed semiconductor and memory names following Broadcom’s disappointing reaction to earnings and guidance.

• A sector-wide pullback in AI chips is being exacerbated by broader Nasdaq weakness and a rotation into value and industrials amid heightened U.S.–Iran tensions.
• Core holdings including SK Hynix, Samsung, and Micron, which dominate the ETF’s concentrated portfolio, are under significant pressure.