Memory Stocks Have Entered a Major Reset Phase
The memory trade has experienced a dramatic shift in just a few weeks.
The Memory ETF $DRAM is now down nearly 40% from its June highs after delivering an explosive +182% rally since its April launch.
Top holdings including Samsung, SK Hynix, and Micron $MU have all been impacted as investors lock in gains and reassess the sector outlook.
Meanwhile, the leveraged Memory ETF $RAM has seen an even sharper pullback, falling around 68% from its June 24 peak after launching on the same day.
From extreme optimism to aggressive selling, the memory cycle is going through a major volatility phase.
