Quick Read – DRAM dropped 15% on June 5 and 20% over two days, with Samsung, SK hynix, and Micron comprising 73% of its holdings. – Hock Tan guided AVGO’s AI chip revenue to $16B versus $17.2B expected, triggering HBM demand fears that sent MU down 13% on the day. – Micron’s…
ne 24 earnings will confirm or crush the HBM pricing thesis, the only signal capable of reversing Friday’s memory selloff. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Roundhill Memory ETF didn’t make the cut. Grab the names FREE today
The Roundhill Memory ETF (CBOE:DRAM) closed Friday, June 5, 2026 at $55.79, down 15% on the day from a prior close of $65.70. Over the two-day window from June 3 through June 5, the fund dropped 20%, going from $69.71 to that Friday close. If you had $10,000 in DRAM at Wednesday’s open, you had roughly $8,000 by Friday’s bell.
That is the headline. The interesting part is why a single ETF could move that hard while the VIX sat at 15.40, well inside its normal range. An ETF that is essentially three stocks in a trench coat DRAM is the only pure-play memory ETF on the market, and its fact sheet makes clear what that means.