🔴 Memory-chip ETF (RAM) is trading 7.56% down on CXMT’s next-generation DRAM progress

RAM is trading at $11.25, down -7.56%, as reports of CXMT’s progress on denser next-generation DRAM raised concerns about increased competition and future memory-chip pricing pressure.

• CXMT is targeting next-generation DDR5 server-memory products by year-end 2026.
• Memory stocks including Micron, SanDisk, Samsung, and SK Hynix also declined. The weakness appears sector-wide, not a broad-market selloff.
• U.S. markets are closed for the holiday.