DRMP is trading at $13.60 (-11.15%) as memory-chip stocks weakened on concerns about Kioxia’s disappointing guidance, elevated memory costs, and slowing demand.

  • A Democratic midterm sweep raised investor concerns that AI regulation and data-center restrictions could slow infrastructure investment, weighing on semiconductor and technology shares.
  • Qualcomm’s weak smartphone-chip sales outlook added sector pressure; no ETF-specific trading-volume data was provided.