Stock Track | ILUVATAR COREX Soars 6.78% Intraday on Analyst Buy Rating and Tencent Collaboration

Stock Track

04/27

ILUVATAR COREX's stock soared 6.78% during intraday trading on Monday, reflecting significant investor interest in the company.

The price surge was driven by a dual positive catalyst. Firstly, Huatai Securities initiated coverage on the company with a Buy rating and set a target price of HK$600.19. The brokerage highlighted ILUVATAR COREX as the first domestic manufacturer to achieve mass production of general-purpose GPU chips for both training and inference, with strong commercialization across finance, healthcare, and industrial applications.

Secondly, the company received a boost from Tencent's official release and open-sourcing of the Hunyuan Hy3 preview large model. ILUVATAR COREX provided critical support for the model's efficient inference and large-scale deployment through its fully self-developed computing infrastructure and deep optimization capabilities. Analysts remain optimistic about the company's prospects amid surging AI chip demand driven by large model development.

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Analysts remain optimistic about the company's prospects amid surging AI chip demand driven by large model development.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09903","symbol_name":"天数智芯","start_time":0,"source_url":"","article_id":"1175509011","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1175509011","pubTimestamp":1777254121,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"ILUVATAR COREX's stock soared 6.78% during intraday trading on Monday, reflecting significant investor interest in the company.The price surge was driven by a dual positive catalyst. 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