🟢 GigaDevice Semiconductor is trading 6% up today as memory chips rebound from recent selloffs

GigaDevice Semiconductor is trading 6% up at CNY 583.99 as the broader memory-chip sector recovers from recent panic selling.

• The stock is rebounding following a sharp limit-down selloff in the prior trading session.
• Renewed buying interest is being driven by improved profitability outlooks across the semiconductor industry.
• The recovery follows a period of heavy selling in major sector names like SK Hynix.