{"id":5814,"date":"2026-09-28T15:17:27","date_gmt":"2026-09-28T15:17:27","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=5814"},"modified":"2026-09-28T15:17:27","modified_gmt":"2026-09-28T15:17:27","slug":"dram-etf-outflows-jump-as-traders-brace-for-key-micron-sk-hynix-news","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=5814","title":{"rendered":"DRAM ETF outflows jump as traders brace for key Micron, SK Hynix news"},"content":{"rendered":"
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The Roundhill Memory ETF (DRAM) heads into the week with a big catalyst ahead: Micron’s earnings. Micron is the fund’s largest holding, and the report should show whether growth across the memory industry is holding up. <\/p>\n

DRAM closed last week at $61.91, more than double its all-time low but about 24% below its all-time high of $81.34. It has held a narrow range since August, and investors have pulled roughly $2.1 billion from the fund over the past month.<\/p>\n

<\/figure>\n

DRAM outflows | Source: ETF Db<\/em><\/p>\n

DRAM ETF in spotlight ahead of Solidigm IPO<\/h2>\n

One of the top stories that will drive the DRAM ETF is from South Korea, where SK Hynix, its third-biggest constituent, is planning a major IPO for its subsidiary. SK Hynix is considering a US IPO of Solidigm, which will value it at $100 billion.<\/p>\n

There are signs that investors are not cheerful about the deal, with the stock falling by over 5%. SK Square, which is a big investor in SK Hynix, dropped by over 8%. <\/p>\n

The decline was likely because investors are concerned about its complex ownership. In a statement, the Korea Corporate Governance Forum, the listing would add to the multiple layers of ownership within the group. It would also deepen the pyramid structure. An analyst told Bloomberg:<\/p>\n

“A US listing could unlock Solidigm’s value and fund expansion, but SK Hynix shareholders would be giving up a portion of its future earnings. The key is the valuation and the use of proceeds.\u201d<\/p>\n

SK Hynix\u2019s slide will likely have an impact on DRAM when the US markets open later today. To make matters worse, Samsung Electronics stock<\/a> was also down by over 4% on Monday. Together with Micron, these three companies make up of over 75% of the total fund. <\/p>\n

Micron earnings to show strong growth<\/h2>\n

The other key catalyst for the DRAM ETF is the upcoming Micron earnings<\/a>, which are scheduled to happen later this week. These earnings are used as a bellwether on the memory and the AI industries since the company sells its products to some of the biggest players in the industry.<\/p>\n

Estimates are that Micron\u2019s revenue soared last quarter. Precisely, the average estimate among analysts is that its revenue soared by over 320% to $51 billion. In reality, the figure will likely be much higher than that. <\/p>\n

Most importantly, Micron has become one of the top players in terms of margins. The management provided a gross margin guidance of 86%, meaning that the real figure will be close to 90%. In contrast, Nvidia has a gross margin of 75%. <\/p>\n

These earnings come at a time when Micron is trading at a bargain, with its forward price-to-earnings ratio of 14 being lower than the sector median of 20. Micron\u2019s earnings are important because it is the biggest constituent in DRAM. <\/p>\n

DRAM ETF technical analysis<\/h2>\n
<\/figure>\n

DRAM ETF chart | Source: TradingView<\/em><\/p>\n

The four-hour chart shows that the DRAM ETF has remained inside a narrow range in the past few months. This consolidation has coincided with the ongoing outflows as investors start booking profits. <\/p>\n

The ETF is trading between the middle and the upper side of the Bollinger Bands. Also, the two lines of the Percentage Price Oscillator (PPO) have formed a bearish crossover. Therefore, there is a risk that the fund will drop to $53, the lower side of the PPO. In the future, however, the fund will rebound and possibly move to $65.<\/p>\n

The post DRAM ETF outflows jump as traders brace for key Micron, SK Hynix news<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Roundhill Memory ETF (DRAM) heads into the week with a big catalyst ahead: Micron’s earnings. Micron is the fund’s largest holding, and the report should show whether growth across the memory industry is holding up. DRAM closed last week at $61.91, more than double its all-time low but about 24% below its all-time high of…<\/p>\n","protected":false},"author":1,"featured_media":5815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5814"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/5815"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}