On July 27, Roundhill Memory ETF rose 5.73% overnight, trading at $55.98/share, with turnover of $1.4495 million.
On the news front, SK Group and Samsung Electronics reached chip partnership agreements valued at approximately $950 billion with major US technology companies over the weekend. Specifically, SK Group will supply $750 billion worth of chips to US tech firms including NVIDIA, while Samsung Electronics and Broadcom plan to co-develop advanced memory chip manufacturing in a deal valued at over $200 billion. Additionally, Anthropic signed supply agreements with both Samsung Electronics and SK Hynix.
The massive orders come just days before SK Hynix, Samsung, and Kioxia are set to report quarterly earnings, which will serve as a critical test of whether AI demand continues to translate into HBM, DRAM, and enterprise SSD orders. Morgan Stanley recently projected memory chip prices could rise 25% over the next quarter, citing intensifying supply shortages in AI data center storage.
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