$GIGADEVICE(03986.HK) dropped by more than seven percent, which is quite eye-catching; it bore the brunt of the pressure in this storage wave; $ON Semiconductor(ON.US), $CCTC(06951.HK), and $STMicroelectronics NV(STM.US) all saw small declines, while $TTM Tech(TTMI.US) and $Maxlinear(MXL.US) basically didn't move 😪 Automotive and industrial demand haven't recovered yet, so when storage prices loosen up, those with high elasticity get hit first; the rest seem to be sliding down along with sector sentiment.
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