🔴 GIGADEVICE is trading 4.5% down today amid a sector-wide pullback in Chinese chip stocks

GIGADEVICE is trading at HK$430.80, down 4.5%, following a sharp sector-wide pullback in Chinese semiconductor and AI hardware stocks.

• The decline extends heavy selling from July 28, 2026, when the stock dropped 10.6% on profit-taking and risk-off sentiment in the China chip space.
• Global concerns regarding AI spending and intensifying competition from domestic chipmakers continue to put downward pressure on the sector.