On June 22, Tianshu Zhixin (09903.HK) rose 4.44% in regular trading, trading at HK$676.0/share, with turnover of HK$747 million. The stock continues its strong upward trajectory driven by the widely reported ByteDance chip procurement talks.

According to multiple sources, ByteDance is in advanced negotiations with Tianshu Zhixin to purchase at least 50,000 AI inference chips from its Zhikai series, primarily for large model inference workloads supporting its AI chatbot Doubao. If the deal is finalized, Tianshu Zhixin would become ByteDance's third major domestic GPU supplier after Huawei and Cambricon. At an estimated average price of approximately RMB 12,000 per chip, the transaction could contribute around RMB 600 million in revenue. While neither party has officially confirmed the deal, industry analysts have assessed the credibility as extremely high based on the specificity of reported details and capital market reactions.

The broader semiconductor sector also showed strength, with Innoscience up 10.31%, GigaDevice up 7.24%, Montage Tech up 4.57%, and SMIC up 3.99%, reflecting sustained demand for domestic AI computing infrastructure.

(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.)