$Roundhill Memory ETF(DRAM)$ That NVDA article on Friday, which came out with the jobs report, said NVDA was cutting its memory requirements in half. The algos misunderstood and dumped memory stocks on that news. As we've had the weekend to digest, the real story is clear: for flexibility, NVDA is offering rack requirements at half the memory but doubled the number of racks.
There might be some volatility at the open for a day or two, but I'm confident we'll quickly revisit and surpass where we dropped from. Additionally, Micron should give us a solid lift after earnings on the 24th. Ignore the short-term noise, maintain your conviction, and stay the course.
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