RAM is trading at $12.82, up 6.21% from the August 19 close as memory-chip shares rally overnight.
- SK Hynix announced a 40 trillion-won buyback and cancellation program beginning August 20; its shares surged more than 12% in Seoul.
- AI-server demand, tightening memory supply, and rising DRAM prices are reinforcing the move.
- Softer Treasury yields and a weaker dollar are supporting technology risk appetite; U.S. futures remain broadly steady.