RAM is trading at $8.08, down 3.8% in pre-market amid a sharp multi-day selloff in memory-chip stocks and renewed oversupply concerns.
- The decline follows reports of Chinese state-backed capacity expansion, which has reignited fears of a supply glut in the DRAM market.
- Sentiment is further pressured by SK Hynix’s recent earnings miss and a broader risk-off environment across the semiconductor sector.