On August 25, GIGADEVICE (03986.HK) rose 3.61% in regular trading, trading at 490.0 HKD/share, with turnover of 668 million HKD, rebounding sharply after consecutive sessions of heavy selling pressure.

On the news front, the company has been actively executing its share buyback program, repurchasing approximately 764,100 A-shares on August 21 and 24 combined, spending roughly 1.98 billion yuan on August 24 alone at prices between 378.01-403.00 yuan per share. The total buyback plan targets 10-20 billion yuan with a price cap of 750 yuan per share. Meanwhile, a research note highlighted customized DRAM as a key AI-era trend, citing Xiaomi's newly announced 6nm 3D wafer-level stacked AI acceleration chip as a catalyst for GIGADEVICE's custom memory business pipeline.

The company recently reported explosive H1 results with revenue of 11.566 billion yuan (up 178.67% YoY) and net profit of 6.857 billion yuan (up 1,091.5% YoY), driven by storage chip supply tightness and volume-price uplift across its product portfolio.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)