3986.HK is trading 6.8% up at HK$1,054.00 following a strong rebound in AI-exposed semiconductor names, driven by Micron Technology’s upbeat earnings and guidance on AI memory demand.

  • Micron’s positive outlook for data-center memory has revitalized sentiment across the global chip sector after recent volatility.
  • The price action reflects improving demand expectations for Chinese memory and MCU suppliers leveraged to the AI hardware build-out.