Is the Roundhill Memory ETF (DRAM) a Buy Before July 10?
Key takeaways
- What most investors may not realize is that you can already indirectly buy stock in SK Hynix through the Roundhill Memory ETF (NYSEMKT: DRAM).
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- With a market capitalization of $1.2 trillion, SK Hynix ranks among the world's largest semiconductor stocks.
NVDA 000660.KS MU SNDK WDC As one of the leading producers of high-bandwidth memory (HBM), SK Hynix recently announced plans to list American depositary receipts (ADRs) on the Nasdaq exchange with a target date of July 10.
What most investors may not realize is that you can already indirectly buy stock in SK Hynix through the Roundhill Memory ETF (NYSEMKT: DRAM). This fund provides exposure to the booming artificial intelligence (AI) memory and storage supercycle through a concentrated portfolio that holds shares in Micron Technology, Sandisk, Western Digital, Samsung, and SK Hynix, among other names.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »