
AI Bottleneck: DRAM ETF Hits Record $9.8B AUM
The Roundhill Memory ETF (DRAM) achieved a record $9.8 billion in assets under management within 43 days, signaling unprecedented investor interest. Industry analysis attributes this surge to the critical bottleneck in the AI build-out: high-bandwidth memory (HBM) chips. CEO Dave Mazza highlighted that the limited supply of these essential memory components is creating a significant supply-demand imbalance. While memory has historically been cyclical, the current demand is being driven by the rapid expansion of AI data centers, fundamentally changing the sector's dynamics.






















