Tech ETF (DRAM) is trading 9.9% higher as investors rotate back into high-beta semiconductor and memory names tied to the AI build-out.
- The move reflects renewed enthusiasm for AI-driven memory demand, with the fund heavily exposed to industry leaders Micron, SK Hynix, and Samsung.
- A broad risk-on tone in global equities and firmer U.S. index futures are further amplifying demand for cyclical growth sectors.