🟢 Memory ETF (RAM) is trading 2.69% up as Micron’s record results reinforce memory-demand optimism

RAM is trading at $14.11 (+2.69%) as Micron’s record fiscal Q4 results reinforced memory-demand optimism.

• Micron reported revenue of $54.23 billion and adjusted EPS of $33.42.
• Its upbeat AI-memory outlook helped lift sector sentiment, although Micron’s stock reaction was mixed.
• RAM targets 200% of the daily performance of the Roundhill Memory ETF, so strength across memory stocks can have an amplified effect.