DRAM is trading 3.7% down in pre-market following reports that Chinese memory-chip maker CXMT plans a significant capacity expansion.
- The expansion news has triggered investor concerns regarding future oversupply and increased price pressure within the memory-chip segment.
- The sell-off comes as the market reassesses the sustainability of the AI-driven memory rally amid intensified global competition.
- The specialized ETF is facing distinct sector pressure despite broader index futures trading higher.