Movement Alert|Roundhill Memory ETF Falls 7.24% in Regular Trading, Fed Rate Hike Expectations Surge as Storage Chip Sector Suffers Broad Selloff

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Yesterday

On September 14, Roundhill Memory ETF fell 7.24% in regular trading, trading at $54.43/share, with turnover of $509 million.

On the news front, surging oil prices and rising U.S. Treasury yields have sharply intensified Federal Reserve rate hike expectations, with U.S. equities recording three consecutive sessions of decline and the memory chip sector bearing the brunt of the selloff. On the day, SK Hynix fell over 6%, SanDisk dropped more than 5%, while Micron Technology and Western Digital each declined over 4%. The Philadelphia Semiconductor Index posted a single-day loss of 5.44%, as profit-taking sentiment cascaded across the sector. A-share memory chip stocks also weakened in tandem, underscoring the global linkage effect. Brent crude has climbed above $102/barrel, further fueling inflation concerns, while the 10-year U.S. Treasury yield rose to 4.85%, triggering capital outflows from risk assets broadly.

Roundhill Memory ETF is a thematic ETF that tracks the global memory chip industry supply chain.

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