News

BlockBeats News, June 23rd, according to Bitget market data, the world's first pure-play memory ETF, Roundhill Memory ETF (DRAM.US), was hit by a wave of selling in Asian storage stocks. Today, in pre-market trading, the stock plummeted by 13.39% and is currently trading at $69.87.

BlockBeats News, June 23rd, an exchange filed an amended S-1 registration statement, with the company adding a sales agent for a $20 billion equity offering.

```htmlGolden Ten Data reported on June 23 that Q2's consumer market is traditionally a slow season. Storage manufacturers are raising prices in line with significant increases in resource costs, thereby simultaneously increasing prices for finished products and continuously testing customers' acceptance of high-priced storage products. Shipment pressure is particularly high for large-capacity industry SSDs and embedded eMMC. Except for individual storage manufacturers with low inventory levels who can accept current high-priced resources, other manufacturers without urgent demand are adopting a cautious attitude toward purchasing new resources. Resource price increases pushed by original manufacturers this quarter are clearly facing difficulties. Since mid-to-late March, the spot trading price of NAND wafers has begun to reverse and adjust downward. Even though there is occasionally demand in the market, it is difficult to change the persistent decline in wafer trading prices. Recently, some small traders with certain liquidity pressures have repeatedly lowered their quotations. After several months of gradual decline, some wafers have fallen back to the price levels seen at the end of January. To reflect the latest changes in spot resource trade prices, today's prices for 512Gb TLC and 1Tb QLC wafers have been adjusted downward to $22.5 and $26.5, respectively.```