Shanghai, Feb 8, 2026, 09:44 GMT+8 — Market’s shut.
- Class A shares of GigaDevice Semiconductor ended at 276.17 yuan, slipping 0.6%.
- Investors are watching to see if the global memory-chip shortage will push device prices higher and dent sales volumes.
- On Feb. 11, shareholders are set to vote—items on the agenda include caps on related-party transactions and the appointment of an overseas auditor.
GigaDevice Semiconductor Inc. Class A shares on the Shanghai exchange slipped 0.6% to finish at 276.17 yuan Friday. During the session, the stock moved in a 268.20-280.43 yuan range. Over the past year, shares have surged nearly 99%. Trading Economics
Monday’s focus is shifting to memory chips — not just one company’s news, but the semiconductors squeezed into smartphones, PCs, and servers, now running scarce. Apple hasn’t announced any iPhone price hikes, though CEO Tim Cook pointed to “different levers that we can push” as he acknowledged higher memory costs for the company. Reuters
This has direct implications for GigaDevice, which operates in the same supply chain. When pricing power improves, revenue can climb—even if demand isn’t steady. “This the biggest question for the industry now,” IDC senior research director Nabila Popal said, with the memory crunch putting handset manufacturers in a tough spot: protect margins, or keep prices stable. Reuters
On paper, chips are seeing a brighter outlook. The Semiconductor Industry Association projects global semiconductor sales topping $1 trillion this year. Memory chips? The group expects a 34.8% jump, projecting $223.1 billion in 2025 as AI demand sends prices higher and shortages bite. Reuters
SIA CEO John Neuffer didn’t mince words: “my orders are completely full,” he told Reuters. He flagged that soaring demand is now reaching sectors of the supply chain that typically don’t get much attention. Reuters
China’s caught up in it as well. Intel and AMD have told clients there that certain server CPUs are facing long lead times. Sources familiar with the holdups say the scramble to ramp up AI infrastructure is putting the pinch elsewhere—especially on memory chips, where prices are still climbing. Reuters
GigaDevice produces non-volatile memory—including flash chips—and controllers tied to those products, Bloomberg reports. Its main shares are listed as 603986 on the Shanghai Stock Exchange, with a Hong Kong listing as well. Bloomberg.com
When GigaDevice listed in Hong Kong back in January, the stock shot up roughly 40% on its first trading day — a clear sign investors are betting hard on China’s push for chip independence. According to Reuters, the company holds the No.2 spot worldwide in NOR flash memory, commanding an 18.5% slice of that market. Reuters
The next marker for the company is Feb. 11. According to a Hong Kong filing, GigaDevice is scheduled for its 2026 first extraordinary general meeting in Beijing. On the agenda: proposed caps on daily related-party transactions for the first half of 2026 and the selection of an overseas accounting firm. www1.hkexnews.hk
The company, in a Jan. 23 statement, disclosed that its related-party deal involves buying DRAM products under foundry agreements with ChangXin Technology Group and subsidiaries, setting a transaction ceiling at $221 million—roughly 15.47 billion yuan—for the first half. qxb-pdf-osscache.qixin.com
But that same shortage pushing chip prices higher can also crimp volumes. Phone and PC makers, reluctant to pass on added costs, might pull back on production instead. That spells a rapid hit for suppliers — memory players included.
Shanghai reopens Monday, and the focus is squarely on memory prices—will they keep moving the needle? Investors are also bracing for any fresh filings before the Feb. 11 shareholder vote that could shift the picture for GigaDevice’s Class A shares.
