3986.HK is trading approximately 7.1% up at HK$1,056, extending a sharp rebound following recent volatility in global semiconductor markets.

  • The move is being driven by sector-wide strength after Micron Technology’s strong earnings and upbeat AI memory demand guidance improved sentiment toward memory and storage names.
  • Traders appear to be rotating back into AI-leveraged chip stocks following a prior tech rout, with GIGADEVICE participating strongly alongside its industry peers.