HK Stock Market Move | Nsing Technologies Inc. (02701) rose more than 5% in early trading and signed an Arm Total Access authorization license agreement with Anmou Technology.

Nsing Technologies Inc. (02701) rose by more than 5% in early trading. As of the time of publication, it had risen by 4.56% to HK$14.66, with a trading volume of HK$1.07 billion. In terms of news, Nsing Technologies Inc. and Arm Technology jointly announced that they have signed a multi-year ArmTotalAccess technology licensing subscription agreement, focusing on the global Arm technology ecosystem to further strengthen technical cooperation in embedded chip design, MCU product planning, and fully integrate leading computing technology resources in the industry to accelerate innovation in local chip technology under the AI wave. According to reports, a large number of overseas AI power and optical communication companies are beginning to make large-scale purchases of domestic MCU chips to meet the demand for high-speed expansion of computing power and AI power. Nsing Technologies Inc. has already started bulk supply to global top-tier power management factories this year, with the power monitoring chip now in stable production with a unit price of $1.5-2. It is understood that two communication chips from Nsing Technologies Inc. will also be sampled in July this year, potentially becoming the core domestic MCU partner for this customer, continuously increasing market share.