HK Stock Market Move | Victory Giant Technology (02476) surged over 8% as Rubin reached a starting point for scaled shipments. The company is expected to continue benefiting from the wave of AI development.

Victory Giant Technology (02476) surged over 8%, and as of the time of writing, it rose by 7.96%, reaching HKD 238.8, with a trading volume of HKD 1.152 billion. On the news front, recently, Rubin has reached a milestone for large-scale shipments, with the first batch of cabinets already being deployed in data centers including OpenAI and Google. According to industry data, it is estimated that by the end of December, total shipments for the year 2026 will reach 8,000 complete cabinets. JPMorgan previously anticipated that Victory Giant Technology would be a direct beneficiary of NVIDIA's platform upgrades from Blackwell to Rubin/Rubin Ultra and its subsequent series. CMSC previously pointed out that the company has been deeply engaged in the PCB field for many years. Currently, the company has successfully entered the supply chains of internationally renowned enterprises such as NVIDIA, Google, AMD, Intel, Tesla, Microsoft, Amazon, and Delta. The high-quality core customer base is driving the growth of the company's order demand, and the structure of the company's products is also expected to improve further.