Stock Track | GIGADEVICE Soars 14.62% Intraday on AI-Driven Memory Demand and Persistent Supply Shortages

Stock Track13:33

GIGADEVICE's stock price surged 14.62% during intraday trading, reflecting a significant upward movement in the company's shares.

The sharp rise is attributed to robust AI-driven demand for memory products and ongoing supply-demand imbalances in the global memory market. According to market research, DRAM and NAND flash memory prices have increased substantially, with some products seeing over 130% month-on-month growth. The supply shortage is expected to persist at least until the second half of 2027, benefiting domestic memory manufacturers like GIGADEVICE through increased demand from AI applications and domestic substitution trends.

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