🟢 Tech ETF (DRAM) is trading 3.3% up in pre-market after SK Hynix announces buyback plan

DRAM is trading at $56.96, up 3.30% from the August 19 close, driven by a powerful memory-chip sector rally.

• SK Hynix announced a 40 trillion won share repurchase and cancellation plan; its Seoul shares rose more than 12%, lifting related memory stocks.
• Tight AI-server supply and forecasts for further third-quarter DRAM and NAND price increases reinforce the move.
• Softer Treasury yields and a weaker dollar are also supporting technology stocks.