🟢 Technology ETF (DRAM) is trading 3.7% up today as AI memory demand outpaces supply

DRAM is trading 3.7% up today as AI data-center demand continues to outpace available memory production.

• HBM4 shipments and long-term agreements with major technology companies are lifting HBM and conventional DRAM prices, while manufacturers prioritize higher-margin HBM capacity.
• Industry data showed HBM export prices exceeding $70 and conventional DRAM prices rising sharply, reinforcing the sector-wide supply squeeze.
• Broader markets are nearly flat. The September 4 jobs report and rate expectations may influence intraday volatility, but are not the strongest explanation.