🟢 3986.HK is trading 8.9% up today as Micron earnings spark AI chip sector rally

3986.HK is trading 8.9% up today at HK$1,074.00 following a sharp rebound in AI semiconductor names.

• The rally is driven by Micron Technology’s strong quarterly earnings and upbeat guidance, which highlighted robust AI and data-center memory demand.
• Sentiment is lifting across memory and DRAM suppliers, with investors rotating back into Chinese chip makers like GigaDevice as sector confidence improves following recent volatility.