Understanding the Market | KARRIE INT'L rises over 15% to a new high after announcing its entry into NVIDIA's supplier list
KARRIE INT'L rose over 15% again, reaching an intraday high of HKD 2.82, a new high. As of the time of writing, it is up 15.35%, reported at HKD 2.78, with a turnover of HKD 58.5403 million. On the news front, KARRIE INT'L recently announced that it has been included in NVIDIA's list of qualified suppliers and recommended suppliers for server chassis and cabinet components. In addition, the group is also working to deliver more prototype products to NVIDIA in the coming months to support its artificial intelligence server platform and data center deployment. KARRIE INT'L previously released its annual results for the year ending March this year, with total revenue of HKD 3.231 billion, a year-on-year increase of 11%; net profit of HKD 204 million, a year-on-year increase of 21%. The annual growth was mainly driven by the rapid expansion of generative artificial intelligence applications, significantly boosting global demand for high-performance servers
According to Zhitong Finance APP, KARRIE INT'L (01050) has risen over 15%, reaching an intraday high of HKD 2.82, a new high. As of the time of publication, it is up 15.35%, trading at HKD 2.78, with a transaction volume of HKD 58.5403 million.
On the news front, KARRIE INT'L recently announced that it has been included in NVIDIA's list of qualified suppliers for server chassis and cabinet components, as well as the recommended supplier list. In addition, the group is also working to deliver more prototype products to NVIDIA in the coming months to support its artificial intelligence server platform and data center deployment. KARRIE INT'L previously released its annual results for the year ending in March this year, reporting annual revenue of HKD 3.231 billion, a year-on-year increase of 11%; net profit of HKD 204 million, a year-on-year increase of 21%. The annual growth was mainly driven by the rapid expansion of generative artificial intelligence applications, significantly boosting global demand for high-performance servers
