On August 14, GIGADEVICE rose 4.39% in regular trading, trading at 519.0 HKD/share, with turnover of HKD 259 million, continuing its upward momentum from the prior session when turnover exceeded HKD 10 billion.

On the news front, JPMorgan's latest research indicates the current storage upcycle may persist through the end of 2028, with global DRAM bit demand projected to grow approximately 30%, 31%, and 25% over the next three years, while supply growth is limited to roughly 26.5%, 24.4%, and 24.8% respectively, pointing to a widening supply-demand gap. The company's first-half net profit is expected to surge approximately 1,099% year-over-year, driven by volume and price gains in NOR Flash products benefiting from edge AI, automotive electronics, and AI server demand. SK Hynix's capacity expansion plans have further bolstered sentiment across the storage sector. The company is scheduled to review its interim results on August 18.

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