On October 13, GIGADEVICE declined 5.22% in regular trading, with shares trading lower despite the company having cumulatively repurchased more than 1 billion yuan worth of A-shares.

The semiconductor sector remained under pressure as market concerns over memory chip price stagnation and capacity expansion persisted. TrendForce research indicated that fourth-quarter DRAM contract price growth was slowing, while worries about increased supply from major memory manufacturers continued to dampen sentiment. Additionally, Samsung Electronics' preliminary third-quarter results came in below expectations, further deepening pessimism across the sector.

On the capital flow side, the company's A-shares saw significant main capital outflows in the previous session, with net selling of 1.089 billion yuan, accounting for 13.64% of total turnover, suggesting sustained heavy selling pressure that buybacks have yet to offset.

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