GigaDevice(SH:603986) Zhi Tong Cai Jing·2026-02-12 02:23Core Viewpoint - The stock of Zhaoyi Innovation (603986) has increased by over 6%, currently trading at 313.8 HKD with a transaction volume of 190 million HKD, driven by a surge in the U.S. semiconductor sector and positive market outlook for memory chips [1] Group 1: Market Performance - Zhaoyi Innovation's stock rose by 6.01% to 313.8 HKD, with a trading volume of 1.9 billion HKD [1] - The U.S. semiconductor sector saw significant gains, with SanDisk up 10.65% and Micron Technology up 9.94% [1] Group 2: Industry Outlook - Morgan Stanley raised Micron's target price to 450 USD, indicating strong market confidence [1] - Samsung's CTO stated that strong demand for memory chips is expected to continue throughout this year and into next year, driven by artificial intelligence [1] Group 3: Company Analysis - Tianfeng Securities highlighted Zhaoyi Innovation as a platform chip design company benefiting from the convergence of "AI + domestic substitution + upward storage cycle" [1] - Revenue projections for Zhaoyi Innovation are estimated at 9.203 billion, 11.386 billion, and 13.878 billion CNY for 2025-2027, with net profit estimates of 1.610 billion, 2.589 billion, and 2.769 billion CNY respectively [1] - The firm believes Zhaoyi Innovation has strong growth momentum and resilient performance in the forecast period [1]