GigaDevice Semiconductor is trading at CNY 364.99, down 4.11%, after broad semiconductor-sector selling.
- SOXX is down 2.63%, reflecting weakness across semiconductor stocks.
- Higher Treasury yields, oil prices, inflation concerns, and geopolitical risks are pressuring technology shares.
- No fresh company-specific negative announcement was identified; the latest company news concerns its September 1 Zephyr Project partnership.