ILUVATAR COREX (09903.HK) saw its stock price surge 5.04% during intraday trading on Friday, reflecting strong investor interest in the company following its recent listing on the Hong Kong Stock Exchange (HKEX) on January 8.
The surge aligns with broader optimism surrounding Shanghai's AI industry, which has seen five AI companies, including ILUVATAR COREX, go public in the past month. As part of Shanghai's "Four Little Dragons" in the GPU sector, ILUVATAR COREX is positioned to benefit from the explosive growth in computing power demand driven by the AI revolution. The company has completed the full chain from core technology breakthroughs to commercial implementation, supported by Shanghai's robust industrial ecosystem.
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