🟢 3986.HK is trading 11.1% up today as AI chip sentiment rebounds on strong Micron and Qualcomm guidance

3986.HK is trading 11.1% up at HK$1,096.00 as AI-related semiconductor stocks stage a sharp rebound following upbeat sector guidance.

• Strong earnings and positive AI outlooks from industry leaders Micron and Qualcomm have significantly boosted investor sentiment across the global chip sector.
• Investors appear to be rotating back into high-beta semiconductor names following a recent sell-off, supported by firm tech futures and a bounce in Hong Kong-listed peers.
• GIGADEVICE continues its volatile rally despite a lack of fresh company-specific filings, benefiting from the broader industry tailwinds.