🔴 Memory ETF (RAM) is trading 9.4% down in pre-market as AI-spending concerns weigh on memory demand

RAM is trading at $8.75, down -9.40%, as investors question whether Big Tech’s heavy AI spending will continue to support memory demand.

• RAM targets 2x the daily performance of DRAM, so weakness across memory stocks can be amplified.
• Semiconductor shares are under pressure; Samsung and SK Hynix fell in Asian trading.
• Amazon and Intel’s disappointing results, alongside Nasdaq futures down about 2%, added to the overnight technology selloff.