🔴 Memory ETF (RAM) is trading 2.33% down in after-hours trading as CXMT advances denser DRAM

RAM is trading at $8.82, down 2.33%, as a continuing memory-chip selloff reflects concerns that China’s CXMT is advancing denser DRAM and plans a server-memory product by year-end, increasing competition and pricing pressure for established producers. - Hotter-than-expected September CPI and renewed rate concerns have added pressure to technology stocks. - RAM’s 2× daily exposure to memory ETF DRAM can amplify underlying moves.