On August 26, INNOSCIENCE rose 5.07% in regular trading, trading at 46.36 HKD/share, with turnover of approximately HKD 84.37 million.
On the news front, Hong Kong-listed chip and optical communication stocks rallied broadly, creating significant sector linkage effects. Cambridge Technology gained 10%, Hua Hong Semiconductor rose over 6%, and SMIC advanced more than 3%, lifting INNOSCIENCE alongside the broader sector momentum.
In addition, the company is scheduled to release its interim results on August 28, with market participants anticipating gross margin recovery and narrowing of losses. Earlier, Daiwa initiated coverage with a Buy rating, noting that the upgrade to 800V DC architecture in AI data centers will significantly boost demand for gallium nitride (GaN) power devices. Daiwa projected that the 800V AI data center segment could generate GaN power device demand worth between USD 540 million and USD 4.5 billion from 2027 to 2030. As the worlds largest GaN power device supplier with approximately 30% market share, INNOSCIENCE is positioned to benefit from this structural shift.
(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.)