Stock Track | MINIMAX-WP Soars 9.57% Intraday Amid AI Sector Rally Fueled by DeepSeek and Musk Announcements

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MINIMAX-WP (00100) surged 9.57% during Monday's intraday session, reflecting a broader rally in AI concept stocks. The stock's sharp rise aligns with heightened investor enthusiasm for the AI sector.

The rally follows recent industry developments, including DeepSeek's upcoming launch of its V4 large model, which is expected to outperform competitors in programming tasks. Additionally, Elon Musk's announcement to open-source X's content recommendation algorithm has further fueled market optimism. Analysts highlight that these advancements are accelerating the commercialization of AI applications, with MINIMAX-WP benefiting from the sector-wide momentum.

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