Movement Alert｜Tianshu Zhixin Rises 3.68% in Regular Trading, Strategic Partnership and Major Customer Procurement Expectations Continue to Drive Momentum

Market Focus06-25 09:47

On June 25, Tianshu Zhixin rose 3.68% in regular trading, trading at 808.5 HKD/share, with turnover of 155 million HKD, hitting a new all-time high.

On the news front, the company recently signed a strategic cooperation framework agreement with Baosight Software and Stepfun, aiming to build a full industry chain ecosystem spanning AI chips, foundation models, computing resource operations, and application scenarios. Additionally, reports that ByteDance is in talks to purchase at least 50,000 AI inference chips from the company continue to fuel market enthusiasm. According to estimates, this order would be worth approximately 600 million yuan, equivalent to 60% of the company's total revenue last year and exceeding its entire GPU shipment volume in the prior year. Alibaba has also reportedly been in contact with the company, potentially becoming its next major client. If concluded, Tianshu Zhixin would become ByteDance's third domestic GPU supplier after Huawei and Cambricon. Brokerages project the company's GPGPU business revenue to reach 2.425 billion yuan this year, representing 162.8% growth.

(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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