May. 13 at 1:17 AM
$MU $DRAM became the fastest ETF ever to reach
$6.5B in assets, hitting that mark in just 36 days, even faster than
$IBIT, which took 43 days. The move came after a 13% jump on Friday and another
$1B of inflows, showing how aggressively investors are chasing the memory trade.
$MU also got a major vote of confidence as Deutsche Bank raised its price target to
$1,000 after investor meetings with Micron management. The key takeaway was that AI is changing the memory cycle: DRAM, NAND, and HBM are becoming essential to AI performance, while supply remains constrained by clean room limitations, slower scaling, and HBM production trade-offs. Deutsche Bank said Micron is well-positioned because of its technology leadership, stronger business mix, and one of the healthiest balance sheets in company history.
