HK Stock Market Move | Suzhou Novosense Microelectronics (02676) rose over 7%; AI power supply product line becomes an important growth source; the analog IC boom cycle is expected to last for several years.

Suzhou Novosense Microelectronics (02676) rose over 7%, up 7.18% as of press time, at HK$182.2, with a turnover of HK$42.3634 million. On the news front, in the first half of this year, Suzhou Novosense Microelectronics achieved revenue of RMB 2.540 billion, a year-on-year increase of 66.73%, and a net profit attributable to shareholders of RMB 67.59 million, turning profitable year-on-year. By product line, in the first half, the company's signal chain products revenue was RMB 1.011 billion, up 72.64% year-on-year; power management products revenue was RMB 879 million, up 69.28% year-on-year; sensor products revenue was RMB 643 million, up 55.63% year-on-year. Founder pointed out that currently the analog IC industry has high order visibility, tight capacity supply, and AI is crowding out a large amount of capacity. If AI investment continues to remain at a high level, the current boom cycle for analog ICs is expected to last for several years. The bank stated that the company is actively positioning itself in primary, secondary, and tertiary power supplies, with the AI power supply product line becoming an important growth source. In 2026, the company established a high-performance computing power supply product line.