DRAM is trading at $41.49, up 5.60%, as investors buy oversold semiconductor stocks.
- Memory-chip shares are rebounding after last week’s sharp selloff; Goldman Sachs said battered South Korean chip stocks could have substantial upside.
- Tight supply and forecasts for fourth-quarter DRAM and NAND contract-price increases support the sector’s earnings outlook. Broader technology-market recovery and bargain hunting add support, while Nvidia weakness is a counterweight.