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Changes in Hong Kong stocks | Nanochip (02676) rose more than 7%, and the AI power supply product line became an important source of growth. Simulating the IC boom cycle is expected to continue for several years
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The Zhitong Finance App learned that Nanoxin (02676) rose more than 7%. As of press release, it had risen 7.18% to HK$182.2, with a turnover of HK$42.3634 million.

According to news, in the first half of this year, Nanochip achieved a year-on-year increase in revenue of 66.73% to 2,540 billion yuan, achieving net profit of 67.59 million yuan to mother, turning a loss into a profit over the previous year. By product line, in the first half of the year, the company's signal chain product revenue was 1,011 million yuan, up 72.64% year on year; power management product revenue was 879 million yuan, up 69.28% year on year; and sensor product revenue was 643 million yuan, up 55.63% year on year.

Fangzheng Securities pointed out that at present, the analog IC industry has high visibility of orders, and the supply of production capacity is tight, and AI is crowding out a large amount of production capacity. If AI investment continues to maintain a high level, the current boom cycle for analog ICs is expected to continue for several years. According to the bank, the company actively lays out power supplies one, two, and three times, and the AI power supply product line has become an important source of growth. In '26, the company established a high-performance computing power supply product line.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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