🔴 DRMP is trading 10% down today amid a sector-wide memory-chip selloff

DRMP is trading down 10% at $19.46 today as investors dump memory-chip names amid broader semiconductor weakness.

• The move is being driven by a sector-wide selloff in DRAM tied to mounting competition from China and investor concerns regarding heavy AI-related capital spending.
• DRMP is following its underlying memory-chip exposure lower, mirroring a broader industry slide that has seen the Roundhill Memory ETF drop over 10%.