Stock Track | GIGADEVICE Soars 9.23% Intraday on Apple's Reported Sourcing from Partner CXMT

Stock Track09:48

GIGADEVICE's stock surged 9.23% during Monday's intraday trading session. The significant upward movement follows market reports indicating a potential major new customer for its strategic partner.

According to recent news, Apple Inc. is reportedly seeking to procure memory products from ChangXin Memory Technologies (CXMT). GIGADEVICE's founder, Zhu Yiming, co-founded CXMT, and the two companies maintain established ties across technology collaboration, foundry services, and investment. This development has bolstered investor sentiment towards GIGADEVICE as a key player in the related supply chain.

Furthermore, the broader memory chip sector is experiencing a cyclical upswing, characterized by supply shortages that are driving product price increases. The company's inclusion in the Roundhill Memory ETF (DRAM) at a 2.91% weighting also marks growing recognition from international investment funds focused on the memory ecosystem.

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/1146811340?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-29 09:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146811340","market":"us","top_or_hot":-1,"title":"Stock Track | GIGADEVICE Soars 9.23% Intraday on Apple's Reported Sourcing from Partner CXMT","media":"Stock Track","content":"<p>GIGADEVICE's stock surged 9.23% during Monday's intraday trading session. The significant upward movement follows market reports indicating a potential major new customer for its strategic partner.</p><p>According to recent news, Apple Inc. is reportedly seeking to procure memory products from ChangXin Memory Technologies (CXMT). GIGADEVICE's founder, Zhu Yiming, co-founded CXMT, and the two companies maintain established ties across technology collaboration, foundry services, and investment. This development has bolstered investor sentiment towards GIGADEVICE as a key player in the related supply chain.</p><p>Furthermore, the broader memory chip sector is experiencing a cyclical upswing, characterized by supply shortages that are driving product price increases. The company's inclusion in the Roundhill Memory ETF (DRAM) at a 2.91% weighting also marks growing recognition from international investment funds focused on the memory ecosystem.</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 9.23% Intraday on Apple's Reported Sourcing from Partner CXMT</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 9.23% Intraday on Apple's Reported Sourcing from Partner CXMT\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\">2026-06-29 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GIGADEVICE's stock surged 9.23% during Monday's intraday trading session. The significant upward movement follows market reports indicating a potential major new customer for its strategic partner.</p><p>According to recent news, Apple Inc. is reportedly seeking to procure memory products from ChangXin Memory Technologies (CXMT). GIGADEVICE's founder, Zhu Yiming, co-founded CXMT, and the two companies maintain established ties across technology collaboration, foundry services, and investment. This development has bolstered investor sentiment towards GIGADEVICE as a key player in the related supply chain.</p><p>Furthermore, the broader memory chip sector is experiencing a cyclical upswing, characterized by supply shortages that are driving product price increases. The company's inclusion in the Roundhill Memory ETF (DRAM) at a 2.91% weighting also marks growing recognition from international investment funds focused on the memory ecosystem.</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":"1146811340","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146811340","pubTimestamp":1782697713,"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 surged 9.23% during Monday's intraday trading session. The significant upward movement follows market reports indicating a potential major new customer for its strategic...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03986":"兆易创新"},"translate_title":"个股追踪|兆易创新盘中大涨9.23%因苹果传出向合作伙伴CXMT采购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03986":1},"content_text":"GIGADEVICE's stock surged 9.23% during Monday's intraday trading session. The significant upward movement follows market reports indicating a potential major new customer for its strategic partner.According to recent news, Apple Inc. is reportedly seeking to procure memory products from ChangXin Memory Technologies (CXMT). GIGADEVICE's founder, Zhu Yiming, co-founded CXMT, and the two companies maintain established ties across technology collaboration, foundry services, and investment. This development has bolstered investor sentiment towards GIGADEVICE as a key player in the related supply chain.Furthermore, the broader memory chip sector is experiencing a cyclical upswing, characterized by supply shortages that are driving product price increases. The company's inclusion in the Roundhill Memory ETF (DRAM) at a 2.91% weighting also marks growing recognition from international investment funds focused on the memory ecosystem.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"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,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","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/1146811340","isCrawlerRequest":true}