Stock Track | MINIMAX-W Soars 12.58% Intraday Amid Broad AI Stock Rally

Stock Track

07/21

MINIMAX-W's stock soared 12.58% during Tuesday's intraday trading, significantly outperforming the broader market.

The surge appears to be part of a broader rally in AI-themed equities during the session. KNOWLEDGE ATLAS, a peer company, rocketed more than 25% after announcing the establishment of a 1GW-level domestic AI computing power data center and the completion of its acquisition of Zhongke Jiahe. This positive sector news likely fueled investor sentiment towards related AI stocks, including MINIMAX-W.

Market observers noted that AI concept stocks staged a strong rally, with MINIMAX-W gaining over 10% as part of this upward trend, reflecting heightened investor interest in the artificial intelligence sector.

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