HK Stock Market Move | TIME INTERCON (01729) rose nearly 6% as the AI computing power industry chain faces a catalyst. The company is strategically positioned in the MPO optical communication and AI server tracks.

TIME INTERCON (01729) rose by nearly 6%, as of the time of drafting, it rose by 5.72%, closing at 14.79 Hong Kong dollars, with a turnover of 172 million Hong Kong dollars. On the news front, on Tuesday local time, Google launched the Gemini 3, further enhancing its reasoning and multimodal understanding capabilities. The model has achieved a leading position in almost all evaluation indicators, even significantly ahead of the previous strongest models such as GPT-5.1 and Sonnet4.5. In addition, Microsoft, NVIDIA, and AI startup company Anthropic announced the establishment of a strategic partnership, with NVIDIA committing to invest up to 10 billion US dollars and Microsoft committing to invest up to 5 billion US dollars in Anthropi. Some analysts believe that the significant upgrade of Google Gemini 3, combined with the cooperation of major players in computing power, may catalyze the AI computing power industry chain. CMSC's previous research report pointed out that the demand for AI computing power is strong, and TIME INTERCON has an excellent position in the MPO optical communication and AI server tracks, ready for high-quality growth. The report states that the MPO business is the company's core profit source, leading in the technology industry, with the 16-core MPO already in bulk shipments, positioning itself in the overseas cloud factory supply chain and being a major supplier in the Google ecosystem. The company's MPO product demand is strong (optical fiber revenue up by 43%/35% year-on-year in 24/25H1) and its profitability is far above the company's average level. Under the trend of continued expansion of major customers, overseas capacity building, and technological iteration in the future, the report concludes that the MPO business is poised for rapid growth in the coming years.