Understanding the Market | INNOSCIENCE rose nearly 8% again, the company is the world's largest GaN IDM company and recently became a partner of NVIDIA for 800V DC power supply
INNOSCIENCE's stock price rose nearly 8% again, up 5.15% as of the time of publication, trading at HKD 67.4, with a transaction volume of HKD 717 million. The company has reached a cooperation agreement with NVIDIA to promote the application of the 800V DC power architecture in AI data centers. This architecture has significant advantages in efficiency and reliability compared to traditional power supplies. According to Jefferies, INNOSCIENCE, as the world's largest GaN IDM company, will occupy an important position in the Chinese GaN market and plans to increase its production capacity sixfold by 2028
According to Zhitong Finance APP, INNOSCIENCE (02577) has risen nearly 8% again, and as of the time of writing, it is up 5.15%, priced at HKD 67.4, with a transaction volume of HKD 717 million.
In terms of news, on August 1st, INNOSCIENCE officially responded 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, and can support a 100-1000 times increase in AI computing power.
Citi released a research report stating that INNOSCIENCE's inclusion in NVIDIA's list of 800V DC power suppliers is significant for gallium nitride (GaN) and INNOSCIENCE. The firm pointed out that gallium nitride (GaN) is the most promising power semiconductor in fields such as consumer electronics, electric vehicles, and new energy, and INNOSCIENCE is the world's largest gallium nitride IDM company. The firm mentioned that as a Chinese company, INNOSCIENCE has a significant advantage because China is the largest potential gallium nitride market, and Chinese original equipment manufacturers (OEMs) produce about 55% of the world's smartphones. Their rapid adoption of gallium nitride-based fast charging technology is believed to help INNOSCIENCE scale up, and it is expected that China will play a key role in the adoption of gallium nitride in electric vehicles. Additionally, INNOSCIENCE plans to increase its production capacity sixfold by 2028, which could rapidly reduce costs and drive industry adoption
