FIBOCOM (00638) surged 16.36% during intraday trading on Monday, reflecting strong investor interest in the company's edge AI advancements and strategic partnerships.
The rally follows the instant sell-out of Huawei's emotional companion AI toy "Smart Hanhan," developed jointly with Roborock Intelligence. FIBOCOM is a strategic partner of Roborock, empowering its AI-driven trendy toy brand Fuzozo. The toy's success highlights FIBOCOM's growing role in the edge AI ecosystem.
Additionally, FIBOCOM has partnered with leading AR glasses maker XREAL as an ODM solutions provider, enabling efficient local AI task processing. The company's "Nebula Series" AI modules and AIStack platform further solidify its position in the edge AI market, catering to high-computing hardware demand in applications like machine vision, smart cockpits, and AI toys.
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