🔴 DRAM is trading 9% down today on global memory chip sell-off following SK Hynix IPO

DRAM is trading 9% down in pre-market sessions as a sell-the-news reversal hits the memory sector following SK Hynix’s blockbuster U.S. IPO.

• Heavy profit-taking in South Korean leaders SK Hynix and Samsung Electronics is triggering a global sell-off, dragging down U.S. peers like Micron and other AI-linked memory plays.
• Broader market pressure from Nasdaq futures weakness and risk-off sentiment regarding trade and tariffs are further weighing on the specialized ETF.