GCT Semiconductor Holding Inc is trading 6.9% up at $2.69 today, rebounding from last week’s sharp declines as part of a broad risk-on rally in the technology sector.

  • The upward movement is supported by improved macro sentiment, including easing U.S.–Iran geopolitical tensions and lower oil prices.
  • While the stock is seeing strong gains alongside major indices, no new company-specific announcements have been released this morning.