Movement Alert｜Huaqin Technology Rises 4.16% in Regular Trading, NVIDIA GTC Taipei Keynote Fuels AI PC and Computing Chain Momentum

Market Focus06-02

On June 2, Huaqin Technology rose 4.16% in regular trading, trading at 97.4 HKD/share, with trading volume of 171 million HKD. The stock continued its upward momentum following a surge of over 20% in the prior session.

On the news front, NVIDIA's GTC Taipei conference opened on June 1 with Jensen Huang delivering a keynote speech, following a joint announcement by NVIDIA, Microsoft, and ARM previewing a new era of PC with the upcoming N1X ARM-architecture PC processor. The event further ignited expectations around the AI PC supply chain.

Huaqin Technology, as a rare domestic original design manufacturer for NVIDIA AI servers, is deeply integrated into the NVIDIA computing ecosystem. The company's super node products began small-batch shipments in Q2 with full-year revenue targets exceeding 10 billion yuan, while its data center business annual revenue is projected to surpass 60 billion yuan. Sector peer Lenovo Group rose 6.5% on the same day, reflecting broad strength in computing hardware names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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