Jensen Huang is great too! E-Digital (5289), trading ends with a cap stop - analysts have a positive forecast 🔥

The stock price of 宜鼎(5289) surged today! In the afternoon, it reached 336 yen, hitting the upper stop. Just one step away from a historic high! 🚀

Leading memory module company GigaDevice shows a strong surge in today's trading. It jumped up to the upper limit stop of 336 yen in the afternoon. An increase of about 10%. This is the highest price in over a year. It seems to be nearing a historic all-time high. It's quite surprising, but the recovery of DRAM prices and the record sales in August seem to have sparked investor enthusiasm.

Recently, GigaDevice has been experiencing tremendous momentum. In July and August, they set new sales records consecutively. The consolidated sales in August? 1.283 billion yuan. A 11.28% increase compared to the previous month. Year-on-year, it has increased by an astonishing 62.55%! This is the highest value in history for a single month. According to the company, the growth engine is their DRAM products, particularly DDR4 modules. There is noticeable demand from IPC customers related to AI and networking.

The second quarter was a bit tough. The cost of DRAM chips surged and the impact of exchange rates brought the gross profit margin down to 25.9%. However, in the third quarter, the price increases are expected to be reflected in the selling price, so the gross profit margin should improve. That's what the company is saying. Analysts agree. I think short-term buying will continue.

What's interesting is the movement of GIGABYTE in the AI field. It feels like they are gradually starting to bear fruit. Their subsidiary Aetina has been advancing edge AI projects, moving from proof of concept to mass production. The investments made over the past two years have finally started to contribute to sales. Although the revenue ratio from AI-related products is still just over 20%, it is certainly growing. 💫

According to market views, YIDING is not only benefiting from the rise in memory prices. Its inclusion in NVIDIA's "new brain" partner list has increased its visibility. As the commercialization of AI accelerates globally, the demand for edge AI and industrial automation is also rising. YIDING's expertise in industrial control, medical, and robotics seems to be a medium to long-term strength.

With the acceleration of AI business and the growing demand for industrial automation, the memory industry is clearly on the rise. Adata is leveraging its expertise, holding solid fundamentals, and riding the wave of the AI boom. The future looks promising.