HK Stock Market Move | GigaDevice Semiconductor Inc. (03986) rose nearly 6% after profit, with a 46% year-on-year increase in net profit expected for 2025. The significant development of AI computing power is driving industry demand.

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09:42 23/01/2026
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GMT Eight
Megvii Technology (03986) rose nearly 6% after earnings. As of the time of writing, it had risen by 5.91% to HK$315.6, with a turnover of HK$1.02 billion.
GigaDevice Semiconductor Inc. (03986) rose nearly 6% after the announcement, rising by 5.91% to HK$315.6 as of the time of writing, with a turnover of HK$102 million. On the news front, on January 22, GigaDevice Semiconductor Inc. issued an announcement stating that, according to preliminary estimates by the finance department, it is expected to achieve a net profit attributable to shareholders of the listed company of approximately RMB 1.61 billion by 2025, an increase of about RMB 507 million from the same period last year, representing a growth of around 46%. It is also expected to achieve a net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, of approximately RMB 1.423 billion by 2025, an increase of about RMB 393 million from the same period last year, representing a growth of around 38%. It is predicted to achieve a revenue of approximately RMB 9.203 billion by 2025, an increase of around RMB 1.847 billion from the same period last year, representing a growth of around 25%. In 2025, the group's income achieved stable growth, mainly due to the multiple synergies brought about by technological innovation, industry cycle growth, and the effective implementation of company strategies. At the technological level, the accelerated development of AI computing power has significantly driven demand, benefiting the group's products in the PC, server, and automotive electronics fields. At the industry level, the storage industry has entered a stable upward cycle, with the optimization of supply and demand patterns driving a synchronous increase in product prices and sales volume.