NSING TECH's stock experienced a significant rise of over 9% during the morning trading session.
As of the latest update, shares were up 7.27% to HK$13.13, with a turnover of HK$105 million.
NSING TECH (HKEX: 02701)
The company has indicated on an investor communication platform that the global and domestic MCU industry is witnessing widespread price increases.
This trend is driven by surging demand for AI computing power, coupled with rising costs from upstream wafer foundries and materials.
In response, NSING TECH initiated reasonable price adjustments for its chip products starting in April of this year.
Furthermore, the company recently launched its N32H493 MCU product, designed for compatibility with 800G/1.6T high-speed optical modules.
This product is currently in the market promotion and customer testing phase.
Concurrently, the company is advancing the research, development, and planning for its next-generation N32H5 series, targeting optical modules with speeds of 1.6T and above.
Reports suggest that numerous overseas AI power and optical communication companies have begun large-scale procurement of domestic MCU chips to meet rapidly expanding computing and AI power demands.
Within this context, NSING TECH has commenced bulk shipments to a leading global power management manufacturer this year.
The company's power monitoring chips are now in stable mass production, priced between $1.5 and $2 per unit.
It is understood that two of NSING TECH's communication chips are scheduled for sample delivery by July this year.
This positions the company to potentially become a core domestic MCU partner for this major client, with expectations of steadily increasing its share of the supporting supply.
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