🔴 RAM is trading 3.02% down today on memory-chip selloff and AI-capex fears

RAM is trading at $9.32 (-3.02%) as a sharp memory-chip selloff and weakening AI-capex sentiment weigh on the leveraged ETF.

• Sector-wide pressure is mounting due to concerns over rising Chinese DRAM competition and peaking storage-chip prices.
• The decline is being magnified by the fund's 2x leveraged exposure to the DRAM complex, extending a period of steep recent losses.