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StocksMedium•1 July 2026•

1 min read

Tim Cook Warns of Severe Memory Chip Shortage as DRAM ETF Hits $25 Billion

Key Facts

1Apple CEO Tim Cook flagged an 'extreme shortage' in memory chips.

2The DRAM ETF smashed $25 billion in assets within 84 days of listing, surging over 170%.

Amid rising demand for memory chips driven by artificial intelligence applications, Apple CEO Tim Cook has warned of an 'extreme shortage' in these chips, according to media reports. The leveraged DRAM ETF (Roundhill) has also smashed $25 billion in assets within 84 days of listing, surging over 170%. These developments point to severe tightness in the memory chip market.

Cook's warning comes as major tech stocks show strong performance: AAPL closed at $289.36 on June 30, 2026, while Alphabet, Meta, and Microsoft also traded at elevated levels. Per market data, GOOGL closed at $289.36, META at $563.29, and MSFT at $373.02 on the same date. The momentum is fueled by soaring demand for high-performance memory chips used in data centers and AI applications.

Investors are watching AAPL at its current level of $289.36 (close June 30), as the chip shortage poses a potential risk to the company's supply chain. Traders also await major tech earnings reports and further developments in the memory chip market, with supply constraints expected to persist. Recent Fed commentary on inflation and growth may provide additional cues on the broader demand environment.