GigaDevice Semiconductor is trading 10% down today at CNY 463.15 following a sharp selloff in memory-chip names and continued profit-taking across the semiconductor sector.
- The decline follows prior limit-down sessions as investors reassess AI-related chip spending and current valuations.
- The downward trend mirrors heavy losses in global peers, including SK Hynix and other storage-chip stocks, which have also slid in recent trading.