Movement Alert｜GIGADEVICE Intraday Rise 3.24% in Regular Trading, Memory Sector Strength and DRAM Outlook Lift Sentiment

Market Focus10-27

On October 27, GIGADEVICE rose 3.24% intraday in regular trading, with shares trading at HK$337.0 and turnover of HK$30.6784 million.

The move coincided with broad strength across semiconductor names and improving sentiment toward the memory chain after comments highlighting long-term AI-driven data throughput demand and a constructive medium- to long-term outlook for DRAM.

Recent context also includes GIGADEVICE's upcoming quarterly results on October 29. Market consensus expects quarterly revenue of RMB4.405 billion, up 90.98% year over year, and EBIT of RMB1.488 billion, up 397.04%. Separately, the company disclosed on October 26 that it repurchased 72,600 A shares for about RMB20.10 million at RMB275.80 to RMB278.16 per share, adding ongoing capital management support.

(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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