Firmly bullish on AI! Ge Weidong increases his stake in storage chip leader GigaDevice Semiconductor Inc. (603986.SH), with shareholding value approaching 10 billion.

On the afternoon of August 6, GigaDevice Semiconductor Inc. (603986.SH) announced that as of July 31, Ge Weidong and Wang Ping hold 16.4467 million shares and 8.5999 million shares of the company, respectively, making their ownership percentages 2.34% and 1.23%. Compared to the end of the first quarter, when they held 16.2616 million shares and 7.5732 million shares, their holdings increased by 185,100 shares and 102,670 shares, respectively. According to public information, Ge Weidong is the leader of Chaos Investment and a well-known investor, while Wang Ping is his spouse. Today, GigaDevice Semiconductor Inc.'s stock price closed at 385 yuan per share. Based on this, Ge Weidong's holdings in GigaDevice Semiconductor Inc. are valued at approximately 6.332 billion yuan, and Wang Ping's holdings are valued at around 3.311 billion yuan, totaling approximately 9.643 billion yuan. As of July 31, the increase in value for the two compared to the end of the first quarter is 434 million yuan. It is reported that at the end of the second quarter of 2018, Ge Weidong first appeared on the list of the top ten circulating shareholders of GigaDevice Semiconductor Inc., holding 2.524 million shares at that time, making him the eighth largest circulating shareholder of the listed company. During this period, regardless of the fluctuations in GigaDevice Semiconductor Inc.'s stock price, he remained committed to this stock. At the end of the first quarter of this year, the stock price of GigaDevice Semiconductor Inc. was less than 250 yuan per share, rising to over 846 yuan per share by late June. Ge Weidong once revealed his trading philosophy: Stay still unless you can strike with certainty. He emphasized that investing requires a lion-like character, the ability to endure, and learning to wait; stay still unless you can strike with certainty. Previously, technology stocks experienced a collective downturn. On July 29, Ge Weidong expressed his bullish outlook on AI in a social media post. He stated, I believe its not over. After all, this is the pursuit of the path closest to God; who will stop? Whoever stops will face a dimensionality reduction attack! This is well understood by the top AI talents in Silicon Valley and China. According to financial reports, in the first quarter of 2026, GigaDevice Semiconductor Inc.'s operating income reached 4.188 billion yuan, a year-on-year increase of 119.38%; the net profit attributable to shareholders was 1.461 billion yuan, up 522.79% year-on-year. The company expects its operating income for the first half of 2026 to be approximately 11.5 billion yuan, a year-on-year increase of about 177%; the net profit attributable to shareholders is expected to be around 6.9 billion yuan, a year-on-year increase of approximately 1099%.