Stock Track | GigaDevice Soars 13.06% as Semiconductor Stocks Rebound on AI Demand and Price Hikes

Stock Track
Feb 09

GigaDevice's stock soared 13.06% during Monday's intraday trading session, reflecting a broad recovery in the semiconductor sector.

The surge comes as major foundry players SMIC and Hua Hong Semi are scheduled to report earnings this week, with the global foundry industry remaining buoyant due to rapidly growing demand for AI computing power. TSMC recently reported record quarterly revenue growth, highlighting strong industry fundamentals.

Additionally, price hikes across the semiconductor supply chain continue to spread, with domestic chipmakers issuing price adjustment notices with increases of up to 80% for segments including memory, MCUs, and analog chips. Analysts suggest this upward pricing trend for domestic chips will persist into the first half of 2026.

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