KMEM•Memory-focused ETF KMEM debuted July 9 and surged 3.04%, while SK Hynix (000660.KS) climbed 3.18% as investors sought direct DRAM exposure. The new fund tracks leading memory chipmakers to offer targeted access to a market driven by accelerating memory chip price gains.
On July 9, the memory-focused ETF KMEM launched its first trading session, posting a 3.04% gain as investors sought pure-play memory sector exposure.
Major DRAM producers responded strongly, with SK Hynix (000660.KS) up 3.18% and other leading chipmakers also registering solid advances on renewed demand for memory equities.
The fund’s index comprises top memory chip firms, allocating weightings to DRAM and NAND manufacturers to capture upside in a market characterized by surging chip prices.
