🔴 GIGADEVICE is trading 6.7% down amid broader semiconductor selloff

GIGADEVICE is trading 6.7% down at HK$332.00, with broader semiconductor-sector pressure the clearest available explanation.

• No company-specific announcement explaining the decline was found. An October 15 report said Hong Kong storage-related stocks fell collectively, including GigaDevice and Montage Technology.
• The broader semiconductor selloff has been linked to intensifying Chinese memory-chip competition and concerns about AI spending and valuations.