ZTE Corporation (00763) saw its stock soar by 8.35% in Thursday's morning trading session, as investors eagerly await the company's 2025 interim report scheduled for release later in the day. The surge in stock price reflects market optimism about ZTE's potential performance and future prospects.

Adding to the positive sentiment, recent market speculation has linked ZTE to the development of AI smartphones. Although ByteDance, the company rumored to be developing an AI phone called "Doubao Phone," has clarified that it has no plans to launch its own smartphone products, the buzz has nonetheless drawn attention to ZTE's capabilities in the smartphone manufacturing sector. ByteDance stated that it is exploring ways to open its AI capabilities to various hardware manufacturers, including smartphone makers.

Huachuang Securities highlighted ZTE's potential role in the AI smartphone landscape, noting that the company could serve as an ODM (Original Design Manufacturer) for such devices. The securities firm emphasized ZTE's deep technical expertise in hardware design, R&D, and production. Furthermore, they suggested that the integration of AI technologies like large language models into smartphones could significantly expand the application of AI across various scenarios. As a result, investors are keenly watching for any developments in this space and the potential market value that such opportunities could bring to ZTE as a possible cooperation partner in AI smartphone manufacturing.