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GigaDevice’s profits surge 1,099% in first half of 2026

SunNews Desk · 10/07/2026 · 10/07/2026

GigaDevice's profits surge 1,099% in first half of 2026

GigaDevice Semiconductor expects a net profit of about CNY6.9 billion (US$960 million) for the first half of 2026, marking a 1,099% increase from the same period last year due to tight memory chip supply and higher prices.