TIME INTERCON (01729) rose more than 6% in Hong Kong trading. At the time of writing, the stock was up 6.12% to HK$19.08, with a turnover of HK$152 million. Recent catalysts are linked to developments involving Google. Google previously revealed that its first-party model APIs consume over 10 billion tokens per minute. Structural growth in token consumption is expected to solidify the company's profitability in the AI era and could significantly boost demand for Google's TPUs. Additionally, Anthropic recently partnered with Google and 10 other major tech companies to launch Project Glasswing, while also introducing the advanced AI model Claude Mythos Preview for cyber defense. Notably, the Google Cloud Next '26 conference is scheduled for April 22-24 in Las Vegas, Nevada. China Merchants Securities earlier pointed out that TIME INTERCON is a key domestic supplier of MPO products to Google. Growth is expected to be driven long-term by three main pillars: computing power, automotive, and medical sectors. Looking ahead, robust demand for AI computing power is anticipated to support continued growth in the company's MPO, server, and high-speed copper cable businesses. Industrial Securities noted that TIME INTERCON has established a core customer base tied to leading overseas cloud providers. Its optical interconnect products, particularly high-density fiber solutions like MPO, currently represent the main revenue source and have steadily entered the supply chain of major North American clients, with further efforts to strengthen supply chain advantages expected.