Memory Chip Concept Gains Momentum, GigaDevice Soars Over 9%
2 day ago / Read about 0 minute
Author:小编   

Memory chip concept stocks are currently experiencing a robust performance. On the A-share market, GigaDevice has witnessed a remarkable surge of over 9%, reaching an all-time high, and its combined market capitalization of A+H shares has surpassed 330 billion yuan. Dapu Micro has seen notable volatility in its stock price, initially dropping by more than 14% in the morning session, only to rebound and surge over 10%, setting a new high since its listing. Goke Micro has also surged by over 15%, while Ingenic Semiconductor has hit the daily price limit. Other stocks, such as Luminary Micro, Union Semiconductor, and Shannon Chip, have similarly followed the upward trend with gains. The previous day, the memory sector in the US stock market also demonstrated strength, with SanDisk surging over 10%, Seagate Technology rising nearly 8%, Western Digital gaining over 5%, and Micron Technology increasing by over 4%. The CEO of SanDisk has expressed that the flash memory market is expected to face a long-term supply shortage.