🟢 Tech ETF (DRAM) is trading 3.6% up in pre-market after SK Hynix buyback announcement

DRAM is trading at $57.08 (+3.60%) after SK Hynix announced a 40 trillion won buyback-and-cancellation program.

• Strong AI-server demand and improving NAND fundamentals are reinforcing the memory-chip sector rally.
• The broader market remains cautious ahead of the 2:00 p.m. FOMC minutes, while elevated Treasury yields and geopolitical risks limit upside elsewhere.
• DRAM’s rebound also follows the August 18 profit-taking selloff.