🔴 Technology ETF (DRAM) is trading 3.1% down today amid Micron Taiwan strike threat

DRAM is trading 3.1% down as Micron’s Taiwan unions threaten strike action, raising production-continuity risks.

• China’s CXMT has begun producing limited HBM3E volumes, reviving fears of stronger competition in AI memory markets.
• Renewed U.S.–Iran tensions lifted oil prices and Treasury yields, pressuring growth-oriented technology shares; softer U.S. manufacturing and labor data also weighed on equities.