HK Stock Market Move | Nsing Technologies Inc. (02701) rose more than 9% in early trading, with global MCU industry prices rising across the board. The company has already achieved bulk supply to top power management manufacturers worldwide.

Nsing Technologies Inc. (02701) rose more than 9% in the morning session, and as of the time of publication, it was up 7.27% at 13.13 Hong Kong dollars, with a turnover of 105 million Hong Kong dollars. On the news front, Nsing Technologies Inc. stated on the investor interaction platform that the global and domestic MCU industry has generally seen price increases due to the demand for AI computing power and the rising costs of upstream wafer foundry and materials. The company began adjusting the prices of its chip products in April of this year. In addition, the company recently launched the N32H493MCU product, which is compatible with 800G/1.6T high-speed optical modules. Currently, this product is in the market promotion and customer testing phase. Meanwhile, the company is also advancing the research and planning of the N32H5 series of products for optical modules with speeds of 1.6T and above. According to earlier reports from Interfaced, journalists have learned from the domestic MCU industry chain that many overseas AI power and optical communication companies are beginning to procure domestic MCU chips in large quantities to meet the high-speed expansion of computing power and AI power demand. Nsing Technologies Inc. has already started mass production for global top power management factories this year, with stable production of power monitoring chips at prices ranging from 1.5 to 2 US dollars per unit. It is understood that in July of this year, Nsing Technologies Inc. will also complete the sampling of two communication chips, and is expected to become a core domestic MCU partner for this customer, continuing to increase its market share.