ILUVATAR COREX's stock surged 15.35% during intraday trading on Wednesday.
The rally is driven by the domestic AI chip sector entering a critical earnings delivery period, with industry peers reporting robust revenue growth. ILUVATAR COREX itself reported full-year revenue growth of 91.6% year-over-year and has a substantial order backlog, providing strong visibility for near-term performance.
Additionally, DeepSeek's release of its next-generation flagship model DeepSeek-V4 is expected to significantly boost demand for domestic computing chips, benefiting the AI chip supply chain including ILUVATAR COREX.