Roundhill Memory ETF (DRAM) hits $6.5 billion in assets under 30 days, capitalizing on AI-driven demand for memory chips.
The Roundhill Memory ETF (DRAM) has become the fastest ETF launch in history, amassing $6.5 billion in assets under management within 27 trading days. The fund, which debuted at $28 per share, now trades above $60, reflecting strong investor interest in memory chipmakers like Micron, Samsung, and SK Hynix.
Demand for DRAM and high-bandwidth memory (HBM) chips has surged as AI workloads require up to 10 times more memory to support GPU clusters. This shift has granted memory manufacturers significant pricing power, transforming a cyclical commodity market into a structural growth opportunity.
The ETF provides a single-ticker exposure to the AI memory supercycle, targeting hyperscale data centers and large language model deployments. Its rapid asset growth underscores the market’s appetite for specialized AI infrastructure plays.