🔴 RAM is trading 11.3% down today on weak PC and smartphone shipment guidance

RAM is trading 11.3% down in pre-market following weak PC and smartphone shipment guidance, which has triggered a broad downturn across DRAM and memory stocks.

• The move extends recent profit-taking and leverage-driven mean reversion following a volatile multi-day spike in the ETF.
• As a 2x leveraged fund, RAM is magnifying sector-wide weakness amid broader selling pressure on AI-related semiconductor names.