RAM is trading 3.5% up today as investors continue to bid up exposure to the red-hot AI memory trade despite a modest pullback in broader U.S. equities.
- Underlying demand for the memory-semiconductor basket remains strong, supporting a rebound in this 2x leveraged vehicle after recent sharp swings.
- The gains persist even as major indices and risk sentiment face pressure from geopolitical tensions in Iran and hawkish FOMC minutes.