HK Stock Market Move | DELTON (01989) surges over 13% as Muse reignites market enthusiasm for server CPUs, with AI driving the company's leapfrog performance growth.

DELTON (01989) surged over 13%, up 10.89% as of press time, at HK$136.4, with a turnover of HK$1.136 billion. On the news front, Meta's AI agent Muse quickly went viral after its release, reigniting market enthusiasm for CPUs. As CPUs are essential chips for running such agents, demand expectations have risen accordingly. It is understood that from 2022 to 2024, based on cumulative revenue, DELTON ranked first among CPU motherboard PCB (for computing power servers) manufacturers headquartered in mainland China, and third globally among CPU motherboard PCB (for computing power servers) manufacturers, with a global market share of 12.4%. China Post Securities noted that, benefiting from the AI industry wave, the company achieved revenue of RMB 4.388 billion in the first half of 2026, a year-on-year increase of 80.98%, and net profit attributable to shareholders of RMB 956 million, a year-on-year increase of 94.39%; gross margin rose to 39.27%. The gross margin improvement stems from three aspects: first, product structure optimization, with the revenue share of server products further rising to 90%, and the proportion of 18-layer and above ultra-high multilayer and high-order HDI products in main revenue increasing; second, the increase in export share, as overseas business has higher gross margins; third, strict control of low-margin orders, combined with the implementation of price increases for PCB products in the second quarter.