HK Stock Market Move | ILUVATAR COREX (09903) rose more than 10% in the afternoon, and the current domestic reasoning power is in short supply. The company's customer introduction is expected to accelerate comprehensively.

ILUVATAR COREX rose by more than 10% in the afternoon, up 9.86% to HK$763.5 at the time of writing, with a turnover of HK$7.36 billion. On the news front, according to the Sci-Tech Innovation Board Daily, ByteDance is in discussions with ILUVATAR COREX to purchase at least 50,000 AI chips, mainly for inference work. The report states that the chips being discussed for supply are mainly used for large model inference workloads, corresponding to ILUVATAR COREX's ZhiKai series cloud-based inference GPU, with training scenarios using the TianGai series. If the deal is reached, ILUVATAR COREX will become ByteDance's third GPU supplier after Huawei and Cambricon. Changjiang released a research report stating that ILUVATAR COREX has been deeply involved in GPGPU architecture for many years, deeply adapting to the CUDA ecosystem, capable of plug-and-play functionality, and has a leading product strength and significant ecological advantages. Currently, there is a shortage of domestic inference computing power, and with a shortage of leading suppliers, the company's customer introductions are expected to accelerate comprehensively, with the inflection point approaching.