Nvidia, Meta Fuel HBM Demand: Which ETFs Are Poised to Gain

A new report from Mirae Asset Securities has highlighted the opportunity for SK Hynix Inc (NASDAQ:SKHY), raising its target price on the South Korean memory-chip maker by 10.7% to 3.1 million won.

The brokerage expects high-bandwidth memory (HBM) demand to broaden as major technology companies increasingly deploy their own AI accelerators, which could have implications beyond SK Hynix stock.

Nvidia Corp’s Rubin platform features 288GB of HBM4, while Meta Platforms, Inc and Microsoft Corp are also increasing HBM capacity in their custom AI accelerators.

The Roundhill Memory ETF (BATS:DRAM) offers targeted exposure to global memory-chip companies, with Samsung Electronics accounting for about 25.14% of the portfolio, SK Hynix about 23%, and Micron Technology, Inc about 25%.