Stock Track | ILUVATAR COREX Soars 6.47% Intraday on Tencent Hy3 Model Support and Analyst Optimism

Stock Track11:42

ILUVATAR COREX's stock soared 6.47% during the Friday morning trading session, reflecting strong investor interest in the company's AI infrastructure capabilities.

The surge follows Tencent's official release and open-sourcing of its Hy3 preview large model, which focuses on complex reasoning and long-context understanding. ILUVATAR COREX, leveraging its self-developed computing foundation, provides robust support for the efficient inference, large-scale deployment, and ecosystem openness of this new model.

Analysts from Huatai Securities expressed optimism in a research report, citing that ILUVATAR COREX stands to benefit from the dual drivers of demand for large model training and inference, leading to an explosion in AI chip demand. The report also highlighted the vast potential for domestic substitution and the company's clear product roadmap, expecting key breakthroughs with industry clients.

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