HK Stock Market Move | Victory Giant Technology (02476) rose nearly 17% at the close, with a significant increase in cost for the new generation Vera Rubin rack PCB.

Victory Giant Technology (02476) surged nearly 17% in the afternoon session, with a 16.41% increase by the time of publication, reaching 403 Hong Kong dollars, with a trading volume of 3.379 billion Hong Kong dollars. In terms of news, it is expected that NVIDIA will begin shipping the Vera Rubin chip in the third quarter. Morgan Stanley released a research report stating that in the new generation Vera Rubin chassis (VR200) that NVIDIA is about to release, the PCB cost has increased by over 233% compared to the GB300. This will increase the total PCB consumption value to around 117,000 US dollars, compared to the GB300 which is only 35,000 US dollars. Dongguan Securities stated that Victory Giant Technology leads in high-end PCB technology for AI computing power. With strong technology, product, and delivery capabilities, they have gained recognition from many customers. This year, they will expand the supply scale of core products such as GPU accelerator cards and TPU support boards. With the gradual commissioning of additional production capacity, the company's high-end production capacity will further increase, and customer orders are expected to accelerate, fully benefiting from the AI PCB wave.