Roundhill Memory ETF is trading at $57.84 (-3.37%) as the semiconductor sector faces pressure from CPI-linked rate worries and a rotation out of high-beta AI exposure.
- The move is being driven by a broader selloff in tech and semiconductor names, with markets under pressure following a shift toward a risk-off tone.
- The fund remains sensitive to weakness in Korean memory stocks and cooling sentiment across the global chip complex, alongside a broader decline in the Nasdaq.