RAM is trading at $12.03 (-4.75%), pressured primarily by weaker DRAM-sector sentiment after Micron unions in Taiwan advanced possible strike action over bonus terms.

  • Reuters reported roughly 80% of surveyed union members supported strike action, raising concerns about operational disruption and memory-chip supply.
  • Japan’s 10-year yield reached 3% as global bond yields rose, weighing on technology and leveraged growth exposures.
  • RAM targets twice the daily performance of DRAM stocks, amplifying sector weakness.