HK Stock Movement | ILUVATAR COREX (09903) Surges Over 12% to Hit Another Record High Since Listing; Set to Unveil Future Three-Generation GPGPU Product Roadmap on Jan 26

Stock News
01/22

ILUVATAR COREX (09903) surged more than 12%, reaching a high of HK$198 and once again setting a new record high since its initial public offering. As of the time of writing, the stock was up 11.4%, trading at HK$195.5 with a turnover of HK$268 million. On the news front, the domestic GPU company ILUVATAR COREX previously announced that it will officially release its future three-generation GPGPU product roadmap on January 26. The roadmap will cover innovative architecture designs, high-quality computing power infrastructure, and cloud-based AI training and inference products tailored for the internet industry. Industry forecasts suggest that from 2026 to 2028, the new products outlined in this roadmap will directly compete with NVIDIA's H200 and B200 series, marking a significant step for domestic GPUs to accelerate their entry into the high-end AI computing market. Public information indicates that ILUVATAR COREX provides general-purpose GPU products and AI computing solutions for various industries. The company's product portfolio primarily includes general-purpose GPU chips and accelerator cards, as well as customized AI computing solutions, which encompass general-purpose GPU servers and clusters. ILUVATAR COREX's general-purpose GPU products cover the Tiangang and Zhikai series, which are compatible with mainstream AI ecosystems both domestically and internationally, as well as various deep learning frameworks.

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