GBA AI COMP (01396) climbed more than 9% during Tuesday morning trading, last up 7.49% at HK$11.2 with turnover reaching HK$23.7 million.

On the news front, NVIDIA released quarterly results that beat market expectations for the 15th consecutive quarter. The chipmaker also issued its first-ever guidance extending a full year ahead, projecting roughly 70% revenue growth for fiscal 2028. CEO Jensen Huang noted that actual market demand far exceeds even those projections, while CFO Colette Kress indicated supply constraints are expected to remain the growth bottleneck at least through fiscal 2028.

Market analysts point out that NVIDIA's stellar results and conference call both signal that computing power demand shows no signs of slowing in the near term.

Industry reports highlight that on July 30, the Guangdong Token Trading and Service Center was inaugurated, with GBA AI COMP's subsidiary Tiandun Data entering as one of the first batch of cooperative operators while simultaneously launching its token export service package. On August 22, the company signed an agreement with the Hohhot municipal government for the "GBA Token Base," involving investments exceeding RMB 10 billion, planning a 10,000-GPU cluster and a computing-power co-located demonstration industrial park in Horinger.

With these moves, GBA AI COMP's "Token Factory" roadmap has become clear: upstream, the company locks in western green electricity to drive costs to industry lows; midstream, it converts electricity into computing power through the 10,000-GPU cluster, then transforms computing power into tokens; downstream, pricing and circulation are completed through trading mechanisms, with global reach via export channels.

This vertically integrated model positions the company to capitalize on the sustained computing power demand validated by NVIDIA's outlook, as the AI infrastructure buildout continues to accelerate across both domestic and international markets.