Tech ETF (DRAM) is trading 3.6% higher as AI-focused memory and semiconductor names extend gains following Nvidia’s strong earnings report.
- The fund is benefiting from sustained enthusiasm for high-bandwidth memory (HBM) demand and a continued short-covering bid among AI chip suppliers.
- Investors are positioning for an extended AI infrastructure buildout and projections of tighter HBM supply through 2027.
- DRAM’s concentrated exposure to memory leaders is amplifying gains even as major indices remain flat to slightly lower.