🔴 RAM is trading 11.9% down today amid a broader memory-chip sector reset

RAM is trading at $10.59 (-11.86%) as the semiconductor industry undergoes a broader DRAM and memory-chip reset.

• The decline is pressured by TSMC’s higher capex outlook and growing valuation concerns across the chip sector.
• The move extends a multi-day unwind in leveraged DRAM exposure following sharp prior gains, compounded by broader tech weakness and risk-off sentiment.