Shares of Time Intercon (01729) rose nearly 6% in early trading to a high of HKD 3.05, setting a new all-time high. As of this writing, it is up 4.53%, at HKD 3, with a turnover of HKD 25.53 million.
According to the Smart Finance app, shares of Asia Vets (01729) rose nearly 6% in early trading to a high of HKD 3.05, setting a new all-time high. As of this writing, it is up 4.53%, at HKD 3, with a turnover of HKD 25.53 million.
In other news, Nvidia's GB200 will be mass-produced, and Luxshare Precision Industry has entered the supply chain. Additionally, Apple has begun building AI servers based on the M2 Ultra chip. Analysts say that as one of Apple's key suppliers, Luxshare Precision Industry may benefit from Apple's AI servers in the future.
It is reported that Time Intercon's new server business mainly provides computing servers, edge servers, AI intelligent servers, GPU cards, and complete machine cabinets. This sector has become the company's largest revenue segment, accounting for 46.67% of its revenue. It is worth noting that in February 2022, Luxshare Precision Industry spent HKD 1.104 billion to acquire a 74.67% stake in Time Intercon.