🔴 2x Long DRAM ETF (RAM) is trading 4.75% down today amid a broad memory-chip selloff

RAM is trading at $10.17 (-4.75%) as memory-chip stocks decline during the August 7, 2026 regular session.

• Western Digital and SanDisk reportedly fell sharply on earnings concerns, renewing worries about the DRAM/NAND cycle and elevated semiconductor capital spending.
• The weak July payrolls report initially supported lower-rate expectations, but broader technology-sector profit-taking and semiconductor weakness outweighed that benefit.
• The move appears sector-driven rather than fund-specific.