Stock Track | GigaDevice Plummets 5.20% Intraday as Investors Take Profits After Strong Q1 Results Amid Sector Weakness

Stock Track05-12

GigaDevice's stock price plummeted 5.20% during intraday trading on Tuesday, extending recent declines for the semiconductor company.

Despite reporting blowout first-quarter results with net profit surging 522.79% year-over-year to RMB 1.461 billion and revenue jumping 119.38% to RMB 4.188 billion, institutional investors have been actively taking profits. Significant net institutional outflows were observed in the company's A-share counterpart recently, contributing to the selling pressure.

The broader semiconductors sector is also under pressure today, with several peers including HUA HONG SEMI, MONTAGE TECH, DRINDA, INNOSCIENCE, and SMIC all trading lower, adding to the downward momentum for GigaDevice shares.

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/1136438395?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-12 13:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1136438395","market":"sg","top_or_hot":-1,"title":"Stock Track | GigaDevice Plummets 5.20% Intraday as Investors Take Profits After Strong Q1 Results Amid Sector Weakness","media":"Stock Track","content":"<p>GigaDevice's stock price plummeted 5.20% during intraday trading on Tuesday, extending recent declines for the semiconductor company.</p><p>Despite reporting blowout first-quarter results with net profit surging 522.79% year-over-year to RMB 1.461 billion and revenue jumping 119.38% to RMB 4.188 billion, institutional investors have been actively taking profits. Significant net institutional outflows were observed in the company's A-share counterpart recently, contributing to the selling pressure.</p><p>The broader semiconductors sector is also under pressure today, with several peers including HUA HONG SEMI, MONTAGE TECH, DRINDA, INNOSCIENCE, and SMIC all trading lower, adding to the downward momentum for GigaDevice shares.</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 Plummets 5.20% Intraday as Investors Take Profits After Strong Q1 Results Amid Sector Weakness</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 Plummets 5.20% Intraday as Investors Take Profits After Strong Q1 Results Amid Sector Weakness\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\">2026-05-12 13:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GigaDevice's stock price plummeted 5.20% during intraday trading on Tuesday, extending recent declines for the semiconductor company.</p><p>Despite reporting blowout first-quarter results with net profit surging 522.79% year-over-year to RMB 1.461 billion and revenue jumping 119.38% to RMB 4.188 billion, institutional investors have been actively taking profits. Significant net institutional outflows were observed in the company's A-share counterpart recently, contributing to the selling pressure.</p><p>The broader semiconductors sector is also under pressure today, with several peers including HUA HONG SEMI, MONTAGE TECH, DRINDA, INNOSCIENCE, and SMIC all trading lower, adding to the downward momentum for GigaDevice shares.</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":"1136438395","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136438395","pubTimestamp":1778562975,"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 plummeted 5.20% during intraday trading on Tuesday, extending recent declines for the semiconductor company.Despite reporting blowout first-quarter results with net profit...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03986":"兆易创新"},"translate_title":"个股追踪|兆易创新盘中暴跌5.20%板块疲软下Q1业绩强劲投资者获利了结","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03986":1},"content_text":"GigaDevice's stock price plummeted 5.20% during intraday trading on Tuesday, extending recent declines for the semiconductor company.Despite reporting blowout first-quarter results with net profit surging 522.79% year-over-year to RMB 1.461 billion and revenue jumping 119.38% to RMB 4.188 billion, institutional investors have been actively taking profits. Significant net institutional outflows were observed in the company's A-share counterpart recently, contributing to the selling pressure.The broader semiconductors sector is also under pressure today, with several peers including HUA HONG SEMI, MONTAGE TECH, DRINDA, INNOSCIENCE, and SMIC all trading lower, adding to the downward momentum for GigaDevice shares.","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":1,"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/1136438395","isCrawlerRequest":true}