🔴 Memory Chip ETF (RAM) is trading 10.0% down today on CXMT’s 4F² DRAM progress

RAM is trading at $10.02, down 10.02%, as China’s CXMT reported progress on denser 4F² DRAM technology, raising concerns about future competition and memory pricing.

• CXMT is targeting server-memory products using the design by year-end.
• The move is pressuring memory shares across the sector, rather than reflecting broad-market weakness.