HK Stock Market Move | TIME INTERCON(01729) rose more than 6% recently, as Google's chain catalyzes dense AI data center interconnection as a core growth source for the company.
Gather Technology (01729) rose by over 6%, at the time of drafting, it rose by 6.12%, closing at 19.08 Hong Kong dollars, with a turnover of 152 million Hong Kong dollars.
TIME INTERCON (01729) rose more than 6%, as of press time, up 6.12% to HK$19.08, with a trading volume of HK$152 million.
In terms of news, Google's chain has been catalyzed intensively recently. Google previously revealed that the company's first-party model API consumes over 10 billion tokens per minute, and the structural growth in token consumption is expected to consolidate the company's profit potential in the AI era, or significantly boost Google's TPU demand. In addition, Anthropic recently teamed up with Google and 11 other tech giants to launch Project Glasswing, and also released the cutting-edge AI model Claude Mythos Preview for network defense. It is worth noting that Google Cloud Next '26 will be held in Las Vegas, Nevada in the United States from April 22 to 24.
CMSC previously pointed out that the company is a core supplier for Google MPO domestically, with the three drivers of computing power, automotive, and medical driving medium to long-term growth. Looking ahead, it is expected that the high growth in AI computing power demand will help drive the company's MPO, server, and high-speed copper cable businesses to continue to grow. Industrial indicates that the company's core customer base is tied to overseas leading cloud providers, with optical interconnect products such as MPO and high-density fiber solutions being the main source of revenue, and has already established a stable supply chain with major North American customers, with plans to continue strengthening the supply chain advantage in the future.
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