🔴 DRAM Leveraged Equity ETF (RAM) is trading 15.77% down today as AI-related warnings pressure semiconductor stocks

RAM is trading 15.77% down today as AI-related warnings pressure memory and semiconductor stocks; the move is sector-driven, not RAM-specific.

• Nasdaq 100 futures declined 1.6%; Roundhill Memory ETF (DRAM) and semiconductor ETFs fell roughly 6% and 5% premarket.
• RAM’s 2x daily exposure magnifies memory-basket declines; oil neared $108 per barrel, Treasury yields stayed elevated, and Federal Reserve rate-hike expectations rose.
• NVIDIA declined more than 2% premarket; Intel, AMD, and Marvell fell across AI hardware and memory.