On September 22, ILUVATAR COREX rose 6.51% in regular trading, reaching HKD 140.8 per share, with turnover of approximately HKD 97.66 million.

On the news front, the company dispatched shares from its capitalization issuance on September 22, with new shares expected to officially commence trading on September 23. The issuance, conducted at a ratio of 2 new shares for every 1 existing share, is anticipated to lower per-lot trading thresholds and meaningfully improve secondary market liquidity, while bolstering registered capital for future capital operations.

Fundamentally, the company reported H1 revenue of RMB 946 million, up 191.6% year-over-year, with core GPU product revenue surging 231.0% to RMB 916 million, accounting for 96.9% of total revenue. Notably, inference chip revenue skyrocketed 651.8%, emerging as the primary growth engine. Changjiang Securities and Guosheng Securities both maintained Buy ratings, while Macquarie reiterated an Outperform rating with a target price of HKD 1,060, citing confidence in CSP client penetration and the upcoming mass production of the next-generation Tiangai-300 training chip.

Within the Semiconductors sector, MONTAGE TECH rose 14.59%, GIGADEVICE gained 2.43%, BIREN TECH advanced 1.78%, SMIC added 1.45%, and HUA HONG GRACE climbed 1.13%, reflecting broad sector strength.

(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.)