🟢 GigaDevice Semiconductor is trading 4.2% up today as memory-chip stocks rebound from recent selloff

GigaDevice Semiconductor is trading 4.2% up today at CNY 482.41 as the stock rebounds from last week’s sharp selloff in the memory-chip sector.

• The recovery follows prior double-digit declines driven by sector-wide profit-taking and a reassessment of AI-related chip spending.
• Sentiment is improving across global semiconductor names after a recent rout, with no new company-specific news reported for GigaDevice.