HK Stock Market Move | ILUVATAR COREX (09903) rose by over 7% once, breaking through the peak. Institutions indicate that the "Tongyang" series edge terminal products have performance that surpasses similar products from NVIDIA.

ILUVATAR COREX (09903) rose more than 7% at one point, hitting a high of 310.6 Hong Kong dollars to set a new record high. As of the time of writing, it was up 2.8% at 294 Hong Kong dollars, with a trading volume of 1.62 billion Hong Kong dollars. On the news front, Nvidia officially announced that its new generation AI supercomputing platform Vera Rubin has entered full production. According to Nvidia's data, Rubin GPU is equipped with the third-generation Transformer engine, with NVFP4 inference/training power reaching 50/35 PFLOPS, 5/3.5 times that of the previous generation Blackwell; HBM4 bandwidth is 22 TB/s, 2.8 times that of the previous generation. China Post Securities stated that Rubin GPU has been upgraded to HBM4, becoming a "computing core" tightly integrated with the GPU. Industry analysts believe that by 2025, domestic GPUs have progressed from "single-point breakthroughs" to "system-level replacements." With the acceleration of capitalization and the improvement of the ecosystem, domestic computing power is shifting from catching up with international giants to defining its own architecture, laying a solid foundation for the AI-driven computing power era. Huaxin Securities believes that ILUVATAR COREX's Tian Gai series training GPU and Zhi Kai series inference GPU have been applied on a large scale, and the newly released "Tong Yang" series edge products have test performance surpassing similar Nvidia products. The firm believes that as the pattern of "cloud cultivation at the center + edge outbreak" in the AI industry takes shape by 2026, the company's GPU business will become a growth engine for performance.