🟢 3986.HK surges 9% today on strong Micron earnings and AI semiconductor demand
GIGADEVICE
GigaDevice Technology (3986.HK) is trading 9% up at HK$1,075.00 as the AI semiconductor sector rebounds.
The surge follows Micron Technology's bumper quarterly earnings and stronger-than-expected guidance for the current quarter, citing robust demand from AI and data centers.
This positive development has fueled sector-wide optimism and a rotation back into chip names.