HK Stock Market Move | ILUVATAR COREX (09903) rises over 14%; cumulative chip shipments in the first 10 months exceed 80,000 units; continues to benefit from high domestic computing power demand

ILUVATAR COREX (09903) rose over 14%, up 12.33% as of press time at HK$63.3, with turnover of HK$515 million. On the news front, ILUVATAR COREX recently disclosed that for the ten months ended October 31, 2026, the company's cumulative chip shipments exceeded 80,000 units, reflecting continued steady progress in its business. Going forward, the company will continue to leverage its technological advantages, actively advance product iteration and commercialization, seize opportunities in the AI and domestic computing power industry, and continuously enhance product competitiveness and market position. Shenwan Hongyuan Group believes that the company's GPGPU products focus on TCO and adaptation to computational efficiency for business scenarios, giving them a competitive edge. Against the backdrop of supply falling short of demand for computing power, Tiangang 300 IXL144, as the company's first single-rack 144-card super-node solution, targets the core inference computing power needs of major internet companies, and the company's order visibility is expected to improve significantly, with future performance potentially exceeding expectations.