HK Stock Market Move | GigaDevice Semiconductor Inc. (03986) rose more than 7% in the afternoon; Jensen Huang said he is open to cooperating with ChangXin Memory Technologies.

GigaDevice Semiconductor Inc. (03986) rose more than 7% in the afternoon. As of press time, it was up 7.50% at HK$344.2, with a turnover of HK$744 million. On the news front, during Nvidia's GTC Berlin conference, Nvidia CEO Jensen Huang was asked in an interview whether he would consider cooperating with China's ChangXin Memory Technologies. Huang said he is open to it. "We work with Chinese companies; almost the whole world works with Chinese companies at some point in the supply chain. China is excellent at underlying infrastructure technology, and no country is stronger than China in manufacturing," he said. Public information shows that CXMT Corporation is both GigaDevice Semiconductor Inc.'s largest equity investment and an important supplier and foundry partner for its DRAM products. The interim report shows that in the first half of 2026, GigaDevice Semiconductor Inc. purchased raw materials and other items worth 1.986 billion yuan from ChangXin Group, compared with only 433 million yuan in the same period last year, an increase of 358.20%. The chairmen of both companies are Zhu Yiming, making the related procurement a connected transaction.