On September 18, GIGADEVICE rose 4.33% in regular trading, trading at HKD 490.0/share, with turnover of HKD 136 million. The broader semiconductor sector traded higher, with ILUVATAR COREX up 5.18%, MONTAGE TECH up 4.26%, and HUA HONG GRACE up 3.27%.
On the news front, Apple has accepted Samsung Electronics' memory chip pricing for Q1 next year, with DRAM approaching USD 2.0/Gb and NAND flash approaching USD 0.33/Gb, representing a 30% to 40% increase over Q3 quotes. Additionally, TrendForce reported that NOR Flash high-capacity products are expected to see further price increases of 90% to 110% in the second half of the year, as AI server per-unit demand is three to five times that of traditional servers, widening the supply-demand gap. GIGADEVICE, as a core NOR Flash supplier and niche DRAM manufacturer, stands to directly benefit from the storage chip volume-and-price uptrend. Huatai Securities has maintained a Buy rating on the company.
(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.)
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