GigaDevice Semiconductor is trading 5.5% down at CNY 431.71 following an extended pullback tied to concerns about heavy AI capital spending and a broader tech risk-off sentiment.

  • Investors are reacting to recent global trade tariffs affecting China and fresh anxiety over high-cost AI infrastructure, which have placed significant pressure on semiconductor stocks.
  • The current decline continues a downward trend that began around July 23, as market participants reassess the long-term profitability of AI-related capital expenditures.