On June 22, Innoscience (02577.HK) rose 5.46% in regular trading, trading at HK$70.85/share, with turnover of HK$87.56 million. The stock has maintained upward momentum following a landmark patent infringement victory.

On the news front, the Supreme People's Court recently issued a final ruling upholding the Suzhou Intermediate Court's sales injunction against Infineon, effectively banning Infineon's GaN products from sale in China. The Suzhou court had previously ruled that Infineon's infringement was established, ordering immediate cessation of sales, offers to sell, and imports, along with RMB 10 million in damages to Innoscience. The ruling eliminates a key competitor from the domestic market.

Additionally, market analysis indicates Innoscience's near-term opportunities are more closely tied to ±400VDC and ASIC-side power architectures, including collaboration with Google, rather than solely relying on Nvidia's single-ended 800VDC scheme which reportedly faces potential delays. As the world's first IDM manufacturer to achieve mass production of 8-inch GaN-on-Si wafers, Innoscience ranks first globally in GaN power semiconductor shipments and revenue share.

(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.)