🔴 Memory ETF (RAM) is trading 4.05% down in after-hours trading amid memory weakness and AI-spending concerns

RAM is trading at $9.25, down 4.05%, amid memory-stock weakness and concerns about returns on heavy AI spending.

• Samsung disappointed investors, while Alphabet’s results renewed worries about returns on heavy AI spending.
• RAM targets 200% of DRAM’s daily performance, so weakness in memory stocks can be magnified in the fund.
• The DRAM proxy declined 3.34% after hours; no single clear sector catalyst was identified.