GigaDevice Semiconductor is trading at CNY 296.56 (-3.15%) amid a broader semiconductor selloff.

  • Reports cite competition concerns after Chinese memory maker CXMT reported progress on denser DRAM technology, alongside worries about AI valuations.
  • Search results show no fresh company-specific catalyst; coverage instead describes weakness across chip stocks and memory-related names.
  • Supplied price context shows recent losses on October 13 and October 12, extending the pullback.