Storage Chip Stocks Slump as Puya Semiconductor Falls Over 10%

Storage chip concept stocks declined in volatile trading on August 24, 2026, with Puya Semiconductor falling more than 10% to lead the sector's losses. The downturn spread across the group, pulling down other chipmakers including Biwin Storage, Juchen Semiconductor, GigaDevice, Demingli and Longsys, which all followed the downward move during the session. The declines affected the broader storage chip segment, with losses spread across the sector's major listed companies.