Innoscience (02577) shares have surged more than 4% again. At the time of writing, the stock is up 3.56% to HK$64, with a trading volume of HK$313 million.
The rally follows news that the Supreme People's Court has officially issued a ruling on the reconsideration of a preliminary injunction, upholding the sales ban imposed by the Suzhou Intermediate Court against Infineon. This signifies Innoscience's final victory in the patent infringement case.
Previously, the Suzhou Intermediate Court issued a first-instance judgment, finding Infineon's infringement established. The court ordered Infineon to immediately cease sales, offers to sell, import, and other infringing activities, and to compensate Innoscience for economic losses totaling RMB 10 million. The judgment took effect immediately.
Analysts from Huachuang Securities previously noted that Innoscience has successfully entered the 800V HVDC supply chains of several international leading clients, including NVIDIA, becoming a core supplier for AI infrastructure construction and high-density computing centers.
The company is collaborating with multiple power semiconductor firms, such as STMicroelectronics and onsemi, to develop dozens of power supply and module solutions applicable for high-density computing centers, driving the upgrade of data centers towards high-density computing.
It is anticipated that with the deployment and scaling of high-voltage direct current architectures, a new era of large-scale AI-GaN applications will arrive.
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