Stock Track | GIGADEVICE Soars 11.83% Intraday as HK Chip Stocks Rally

Stock Track01-21 09:50

GIGADEVICE's stock surged 11.83% during intraday trading on Wednesday, outperforming the broader market.

The rally was part of a broader uptick in Hong Kong-listed chip stocks, with ASMPT rising 7%, Hua Hong Semi up 5%, and others like Soloman Systech and Shanghai Fudan also posting gains. The sector-wide rally suggests positive sentiment or developments in the semiconductor industry, driving investor interest in chip-related stocks.

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