Semiconductor and Memory ETFs Decline Since June Peak, Bitcoin Bounces from Two-Year Low

BTC0.76%
DRAM-0.06%
SMH0.43%
According to CoinDesk, semiconductor and memory ETFs have declined sharply since June. The Roundhill Memory ETF (DRAM) has fallen 25% from its June peak, while VanEck Semiconductor ETF (SMH) has dropped about 12% during the same period. The selloff followed reports that Meta is moving forward with selling surplus GPU capacity, sparking declines across AI infrastructure stocks and compute service providers. Bitcoin has rebounded from its two-year low amid the broader pullback in technology stocks.
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