On September 16, GIGADEVICE rose 3.21% in regular trading, trading at 449.0 HKD/share, with turnover of 273 million HKD. The semiconductor sector rallied broadly, with HUA HONG GRACE up 6.15%, ILUVATAR COREX up 6.14%, and BIREN TECH up 5.24%.

On the news front, a latest report from TrendForce indicated that the NOR Flash market is undergoing its most significant supply-demand structural shift in nearly a decade. High-capacity products of 256Mb and above are severely undersupplied, with prices expected to surge another 90% to 110% in the second half. AI server per-unit NOR Flash demand is three to five times that of traditional servers, and the supply-demand gap continues to widen. As a core NOR Flash supplier, GIGADEVICE stands as a direct beneficiary, though the transition of some foundry capacity to overseas wafer fabs remains in a ramp-up phase, constraining effective output. Huatai Securities maintained a Buy rating on the company, projecting sustained volume and price growth across its niche DRAM and NOR Flash product lines.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)