🔴 GIGADEVICE is trading 6.6% down today amid a broader China semiconductor selloff and profit-taking

GIGADEVICE is trading at HK$510.00, down 6.6% today amid a sharp selloff in China semiconductor and AI hardware names.

• The decline tracks global sector weakness, with the Philadelphia Semiconductor Index (SOXX) falling 9.05% as risk-off sentiment hits the broader tech space.
• Recent coverage suggests the pullback is also driven by profit-taking following last week’s AI- and robotics-led rebound.