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Micron Technology, a leading memory chip maker and a prominent stock in the artificial-intelligence rally, is set to report earnings on Wednesday afternoon. The results are expected to influence the performance of the Roundhill Memory ETF.
The Roundhill Memory ETF (CBOE: DRAM) has wavered over the past few weeks as top companies in the memory industry have traded sideways. It closed last week at $61.91, staying within the narrow range it has held since August. This wavering has coincided with substantial outflows, which have jumped to $2.1 billion over t
The Roundhill Memory ETF (CBOE: DRAM) continued its strong rally last week and reached a record high of $77.63, up by 173% from its lowest point in April, when it was launched. It has recorded inflows every week since its launch, with assets under management reaching $21 billion. This makes it the fastest ETF eve