NSING TECH Shares Surge Over 5% in Morning Trading Following Arm Total Access Licensing Deal with Arm China

Stock News05-22 11:22

NSING TECH (02701) rose more than 5% in morning trading. As of the time of writing, the stock was up 4.56% to HKD 14.66, with a turnover of HKD 107 million. The company and Arm China have jointly announced the signing of a multi-year Arm Total Access technology licensing subscription agreement. Building upon Arm's global technology ecosystem, the partnership aims to further strengthen technical collaboration in areas such as embedded chip design and MCU product planning. It will fully integrate Arm's industry-leading computing technology resources to jointly accelerate the innovation and advancement of domestic chip technology amid the AI wave. According to reports, numerous overseas AI power supply and optical communication companies are beginning to procure domestic MCU chips on a large scale to meet rapidly expanding computing power and AI power supply demands. Among them, NSING TECH has already commenced bulk shipments to a global top-tier power management manufacturer this year. Its power monitoring chips are currently in stable mass production, with a unit price ranging from $1.5 to $2. It is understood that two communication chips from NSING TECH are also scheduled for sampling in July this year, positioning the company to potentially become a core domestic MCU partner for this client and steadily increase its share of supporting components.

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As of the time of writing, the stock was up 4.56% to HKD 14.66, with a turnover of HKD 107 million. The company and Arm China have jointly announced the signing of a multi-year Arm Total Access technology licensing subscription agreement. Building upon Arm's global technology ecosystem, the partnership aims to further strengthen technical collaboration in areas such as embedded chip design and MCU product planning. It will fully integrate Arm's industry-leading computing technology resources to jointly accelerate the innovation and advancement of domestic chip technology amid the AI wave. According to reports, numerous overseas AI power supply and optical communication companies are beginning to procure domestic MCU chips on a large scale to meet rapidly expanding computing power and AI power supply demands. Among them, NSING TECH has already commenced bulk shipments to a global top-tier power management manufacturer this year. 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