On July 29, Roundhill Memory ETF fell 5.17% in after-hours trading, trading at approximately $45.31 per share, with turnover of approximately $82.04 million. The decline reflects the continuation of a severe global memory chip sector selloff.
On the news front, the global memory chip sector experienced intense selling pressure. SK Hynix has lost approximately $470 billion in market capitalization since its June peak, with its U.S. ADR falling below its IPO price within a month of listing. In U.S. trading, SanDisk fell over 14%, while SK Hynix and Micron Technology each declined nearly 9%. In Korea, the KOSPI index plunged over 10%, with Samsung Electronics recording its largest single-day drop in 18 years. Institutional investors including Pictet Hong Kong have reduced their SK Hynix holdings in recent weeks, as divergence over memory chip valuations widened. Morgan Stanley previously warned that AI-driven memory contract prices are expected to peak by Q4, signaling a potential cycle turning point.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)