Stock Track | GIGADEVICE Soars 5.25% Intraday on Memory Industry Boom and AI Demand

Stock Track05-13

GIGADEVICE's stock price soared 5.25% during the intraday session on Wednesday, marking a significant upward movement.

The surge is attributed to a comprehensive boom in China's memory industry, with March and April monthly revenues generally hitting record highs. Niche manufacturers are operating at full capacity, and contract prices have risen multiple times, with acute shortages in segments like eMMC. The company itself reported significant year-on-year and quarter-on-quarter growth in both revenue and profit for the first quarter.

Furthermore, AI-fueled demand for high capacity is driving the sector, and the implementation of binding long-term agreements is seen as providing significant assurance for the performance visibility and growth of memory companies. With the current memory shortage intensifying and supply unlikely to increase substantially in the short term, the supply-demand gap is anticipated to persist, supporting a continued upward trend in memory contract prices.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1104092778?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-13 15:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104092778","market":"nz","top_or_hot":-1,"title":"Stock Track | GIGADEVICE Soars 5.25% Intraday on Memory Industry Boom and AI Demand","media":"Stock Track","content":"<p>GIGADEVICE's stock price soared 5.25% during the intraday session on Wednesday, marking a significant upward movement.</p><p>The surge is attributed to a comprehensive boom in China's memory industry, with March and April monthly revenues generally hitting record highs. Niche manufacturers are operating at full capacity, and contract prices have risen multiple times, with acute shortages in segments like eMMC. The company itself reported significant year-on-year and quarter-on-quarter growth in both revenue and profit for the first quarter.</p><p>Furthermore, AI-fueled demand for high capacity is driving the sector, and the implementation of binding long-term agreements is seen as providing significant assurance for the performance visibility and growth of memory companies. With the current memory shortage intensifying and supply unlikely to increase substantially in the short term, the supply-demand gap is anticipated to persist, supporting a continued upward trend in memory contract prices.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | GIGADEVICE Soars 5.25% Intraday on Memory Industry Boom and AI Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | GIGADEVICE Soars 5.25% Intraday on Memory Industry Boom and AI Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-05-13 15:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GIGADEVICE's stock price soared 5.25% during the intraday session on Wednesday, marking a significant upward movement.</p><p>The surge is attributed to a comprehensive boom in China's memory industry, with March and April monthly revenues generally hitting record highs. Niche manufacturers are operating at full capacity, and contract prices have risen multiple times, with acute shortages in segments like eMMC. The company itself reported significant year-on-year and quarter-on-quarter growth in both revenue and profit for the first quarter.</p><p>Furthermore, AI-fueled demand for high capacity is driving the sector, and the implementation of binding long-term agreements is seen as providing significant assurance for the performance visibility and growth of memory companies. With the current memory shortage intensifying and supply unlikely to increase substantially in the short term, the supply-demand gap is anticipated to persist, supporting a continued upward trend in memory contract prices.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03986","symbol_name":"兆易创新","start_time":0,"source_url":"","article_id":"1104092778","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104092778","pubTimestamp":1778657468,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"GIGADEVICE's stock price soared 5.25% during the intraday session on Wednesday, marking a significant upward movement.The surge is attributed to a comprehensive boom in China's memory industry, with...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03986":"兆易创新"},"translate_title":"个股赛道|兆易创新盘中大涨5.25%受存储器行业景气及AI需求提振","themeId":"8926fce5956cd7663a9c9fb4b1a94536","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03986":1},"content_text":"GIGADEVICE's stock price soared 5.25% during the intraday session on Wednesday, marking a significant upward movement.The surge is attributed to a comprehensive boom in China's memory industry, with March and April monthly revenues generally hitting record highs. Niche manufacturers are operating at full capacity, and contract prices have risen multiple times, with acute shortages in segments like eMMC. The company itself reported significant year-on-year and quarter-on-quarter growth in both revenue and profit for the first quarter.Furthermore, AI-fueled demand for high capacity is driving the sector, and the implementation of binding long-term agreements is seen as providing significant assurance for the performance visibility and growth of memory companies. With the current memory shortage intensifying and supply unlikely to increase substantially in the short term, the supply-demand gap is anticipated to persist, supporting a continued upward trend in memory contract prices.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1104092778","isCrawlerRequest":true}