Tech ETF (DRAM) is trading 3.1% higher as easing Treasury yields and stabilizing oil prices support a broader rebound in rate-sensitive growth and semiconductor names.
- Traders are covering short positions and selectively adding exposure to memory and chip-related stocks ahead of Nvidia’s highly anticipated earnings report.
- Persistent AI optimism remains a primary driver for the sector, helping the memory-focused ETF outperform the broader market following a recent bond-yield-driven selloff.