ZTE Corporation's stock soared 5.29% during intraday trading on Monday, driven by positive investor reaction to the company's first-quarter financial results and strategic business developments.

The company recently disclosed its Q1 earnings report, showing revenue of 34.99 billion yuan, representing a 6.1% year-over-year increase. A key highlight was the computing power segment, which now accounts for 27% of total revenue and has achieved significant growth. Three major growth engines—computing power, home and personal terminals, and international markets—all recorded double-digit expansion, effectively offsetting declines in domestic telecom operator infrastructure investment.

Despite mixed aspects of the earnings report including a decline in net profit, management has outlined strategies to improve profitability in the computing segment through scale-driven cost reduction, shifting from hardware sales to integrated solutions, and increasing the proportion of self-developed components.