Understanding the Market | INNOSCIENCE opened over 4% higher as the company reached a partnership with NVIDIA to promote the large-scale implementation of 800VDC power architecture in AI data centers
INNOSCIENCE's stock price opened over 4% higher, rising 4.17% to HKD 60 as of the time of writing, with a transaction volume of HKD 34.554 million. The company has reached a cooperation agreement with NVIDIA to promote the large-scale implementation of the 800VDC power architecture in AI data centers. This architecture has significant advantages in efficiency, thermal loss, and reliability compared to the traditional 54V power supply. INNOSCIENCE holds a 31% market share in the global gallium nitride power device market, maintaining its leading position, and plans to increase its 8-inch gallium nitride wafer capacity from 13,000 to 20,000 wafers
According to Zhitong Finance APP, INNOSCIENCE (02577) opened over 4% higher and as of the time of writing, it has risen by 4.17%, trading at HKD 60, with a transaction volume of HKD 34.554 million.
In terms of news, on August 1st, NVIDIA's official website updated its list of partners for the 800V DC power architecture, with INNOSCIENCE being the only selected Chinese chip company. On the evening of August 1st, INNOSCIENCE issued an announcement formally responding to rumors regarding its collaboration with NVIDIA. The announcement stated that the company has recently reached a cooperation agreement with global AI technology leader NVIDIA to jointly promote the large-scale implementation of the 800VDC (800-volt direct current) power architecture in AI data centers. This architecture is a new generation power system specifically designed by NVIDIA for future efficient power supply megawatt-level computing infrastructure, which has significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power supplies, supporting an increase in AI computing power by 100 to 1000 times.
Dongfang Securities pointed out that in terms of market share, INNOSCIENCE held a 31% share of the global gallium nitride power device market in 2023, maintaining its position as the global leader. In recent years, INNOSCIENCE has continuously released production capacity, and its high capacity is an important guarantee for the company's competitive position in the market. The company is currently accelerating the expansion of its 8-inch gallium nitride wafer capacity. It plans to increase its current monthly capacity from 13,000 wafers to 20,000 wafers by the end of 2025, with a long-term goal of further expanding its monthly capacity to 70,000 wafers within the next five years
