GigaDevice Semiconductor issued a notice on abnormal share-price movements after its stock’s cumulative deviation in closing-price gains exceeded 20% over three consecutive trading days.
According to Jin10, the company said it is currently in an upswing in the memory-chip industry cycle, and that supply shortages have driven a significant rise in prices, supporting its operating performance.
GigaDevice cautioned that the memory industry has historically shown pronounced cyclical volatility and that supply and demand will ultimately move back toward balance. It said that as factors such as the macroeconomic environment, the industry cycle, and market supply-demand conditions change, prices for its main products may return to more sustainable and reasonable levels.
The company added that such a price normalization would affect selling prices, gross margins, and overall profitability for its memory business. It urged investors to pay close attention to the industry’s inherent cyclical fluctuations and to make prudent, rational investment decisions.
STOCKS | GigaDevice Shares Flagged for Abnormal Trading After Three-Day Surge
2026-06-18 10:56:12
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