🟢 3986.HK is trading 7.5% up today as Micron’s bullish AI memory guidance lifts chip sector

3986.HK is trading 7.5% up today at HK$1,060.00, extending a sharp multi-day rebound following recent volatility in global semiconductor stocks.

• The rally is driven by sector-wide strength after Micron Technology reported strong earnings and issued bullish guidance for AI-driven memory demand.
• Improved sentiment is lifting broader chip plays, including GigaDevice, despite a lack of new company-specific announcements from 3986.HK.
• The move marks a significant recovery as investors re-enter semiconductor names following a period of global market fluctuations.