Movement Alert|Huaqin Technology Rises 11.49% in Regular Trading, NVIDIA N1X Chip Launch Imminent Amid Computing Power Sector Rally

Market Focus
06/01

On June 1, Huaqin Technology rose 11.49% in regular trading, trading at HK$92.85/share, with trading volume of approximately HK$74.81 million.

On the news front, the rally was driven by the imminent launch of NVIDIA's N1X chip and broad strength across the computing hardware sector. As a rare domestic NVIDIA AI server original design manufacturer, Huaqin Technology is deeply integrated into NVIDIA's computing ecosystem, with its data center business expected to surpass RMB 60 billion in annual revenue and hyper-node products targeting over RMB 10 billion in full-year income. Additionally, Dell's latest quarterly results showed AI server revenue of US$16.1 billion, surging 757% year-over-year with AI orders reaching US$24.4 billion, reinforcing robust global demand for AI infrastructure.

Sector peer Lenovo Group rose 7.33% on the same day, forming a resonance effect across computing hardware names. Institutional sentiment remains supportive, with 13 out of 15 covering analysts assigning buy ratings.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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