On July 31, Roundhill Memory ETF rose 6.29% in pre-market trading, trading at $53.77/share, with turnover of $38.28 million.

The rally was driven by Samsung Electronics reporting blockbuster Q2 results and signaling a prolonged memory chip supply deficit. Samsung posted Q2 revenue of 171.50 trillion KRW, up 130% year-over-year, with operating profit of 89.49 trillion KRW, surging over 18-fold and exceeding market expectations. The company forecast that global memory chip undersupply will persist through 2028 and plans to lock in 60% to 70% of its DRAM and NAND capacity through five-year long-term agreements with rolling annual renewal clauses.

Adding to bullish sentiment, Kioxia projected further NAND price increases in Q2, while Korea Investment Securities noted that Samsung's long-term contracts should materially improve earnings visibility. Samsung also indicated that server-centric demand, particularly for HBM and enterprise SSDs, will accelerate in the second half, with server SSDs expected to account for 60% of its total NAND sales mix this year.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)