Movement Alert|ILUVATAR COREX Intraday Rise 3.47% in Regular Trading, Supernode Product Launch Boosts Attention

Market Focus10-14

On October 14, ILUVATAR COREX rose 3.47% in Regular Trading, trading at HK$88.55, with turnover of HK$361 million.

The move coincided with renewed market attention following the company’s recent debut of the Tiangai 300 IXL144 supernode solution at the industrial expo, a system integrating 144 GPUs and 18 CPUs in a single rack with about 10.1TB of memory, positioned as the industry’s highest-density single-rack GPU supernode.

Recent disclosed fundamentals provide added context. The company previously reported first-half revenue of RMB946 million, up 191.6% year over year, while adjusted net profit turned positive at RMB246 million from a loss a year earlier. Management has also said it has served more than 380 customers across over 30 industries and deployed more than 1,000 projects, suggesting continued commercialization progress in domestic GPU and AI computing solutions.

(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.

Comments

We need your insight to fill this gap
Leave a comment