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Yantoultra Ngui

    GigaDevice jumps 40% in Hong Kong debut amid China’s chip self-sufficiency drive

    8 months ago06 mins

    Company positions itself as a ‘chip department store’ Net profit shot up nearly 7 times in 2024, revenue jumped 28% Chip and AI firms tapping HK market as Beijing seeks self-sufficiency HONG KONG/SINGAPORE, Jan 13 (Reuters) – Shares of GigaDevice Semiconductor soared 40% in their Hong Kong trading debut on Tuesday, with investors latching on…

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