HK Movers | Storage Shares Jump. Montage Tech Soars over 10%; GigaDevice, CSOP 2x Leveraged Samsung Electronics ETF Rise Around 7%
Tiger Newspress
Jun 03
Storage shares jumped in Hong Kong market. Montage Tech jumped over 10%; GigaDevice, CSOP 2x Leveraged Samsung Electronics ETF jumped around 7%; 2x Leveraged SK Hynix ETF jumped nearly 3%.
Samsung Electronics unveiled a mockup of its HBM5 memory and a new heat-management technology at Computex 2026, signaling its ambition to regain momentum in the artificial intelligence memory race as competition with SK hynix intensifies.
At the annual technology exhibition in Taiwan on Tuesday, Samsung showcased the planned architecture of its seventh-generation high-bandwidth memory, or HBM5, featuring a new thermal solution called Heat Path Block designed to improve heat dissipation in increasingly powerful AI systems.
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