Memory ETF DRAM Rallied 70% In One Month

An exchange-traded fund that did not exist five weeks ago has just become the loudest signal in the entire AI infrastructure trade. The Roundhill Memory ETF (CBOE: DRAM) — the first U.S.-listed fund offering pure-play exposure to global memory semiconductor companies — has rallied over 70%, a month after Roundhill Investments brought it to market on April 2. Inflows tell a similar story. The fund crossed $1 billion in assets in 10 trading days, and Dave Mazza, chief executive officer of Roundhill Investments, told Benzinga that DRAM has now pulled in over $2.5 billion since inception. A Gap In The…