INNOSCIENCE's stock price soared 5.97% during intraday trading on Wednesday, marking a significant upward movement.
The surge was driven by a broad rally across the semiconductor sector, which lifted the stock from oversold levels following recent declines. The company had faced downward pressure from profit-taking and the approval for H-share full circulation of approximately 374 million shares over the previous sessions.
Fundamentally, the ongoing upsurge in power semiconductor pricing, fueled by AI data center deployment, continues to support the investment thesis. INNOSCIENCE maintains its unique position as the sole Chinese mainland enterprise on NVIDIA's 800V HVDC system supplier list, having successfully supplied Google, and its scarcity value as the world's leading GaN-on-Si IDM manufacturer provides a solid foundation for the price recovery.
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