HK Stock Market Move | GigaDevice Semiconductor Inc. (03986) rises over 5%, Goldman Sachs significantly raises first-quarter DRAM price hike forecast.

GigaDevice Semiconductor Inc. (03986) rose more than 5%, as of the time of writing, it increased by 5.59%, to 321 Hong Kong dollars, with a turnover of 29.8414 million Hong Kong dollars. On the news front, on Monday, South Korean memory giant stock prices fell sharply due to expectations of tightening overseas liquidity and the first drop in DRAM spot prices in months. However, in its latest report, Goldman Sachs pointed out that despite the fluctuations in the spot market, contract prices for DRAM not only did not fall, but also saw more aggressive expectations of an increase. Goldman Sachs analyst Giuni Lee's team noted that pricing forecasts for major application areas of DRAM in the first quarter of 2026 have been significantly revised upwards. In particular, the overall pricing of traditional DRAM is expected to achieve a further 90%-95% quarter-on-quarter increase in the first quarter of 2026, far exceeding market expectations and the bank's own previous expectations.