Shares of VGT soared 5.36% intraday on Wednesday, staging a sharp rebound after the company once again addressed market rumors regarding major client order interruptions. The stock had earlier faced a decline as concerns lingered, but the repeated clarifications and upbeat analyst commentary helped restore investor confidence.

The company had stated on its investor relations platform that claims of order disruptions were untrue, emphasizing that orders on hand are sufficient and business is progressing normally. While the initial clarifications had paradoxically intensified wait-and-see sentiment, the market eventually absorbed the positive message, especially after JPMorgan reiterated an Overweight rating with a HK$500 target price, noting that the market had overreacted to short-term headwinds.

Additionally, industry research confirmed that a short-circuit issue traced to a chip-mounting factory’s reflow soldering process—rather than any PCB quality defect—had been fully resolved, further alleviating prior concerns. The broader PCB sector's pullback earlier in the session also eased, allowing VGT to lead the recovery.