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The latest update is out from InnoScience (Suzhou) Technology Holding Co Ltd Class H ( (HK:2577) ).
InnoScience has announced that its GaN-based products have completed significant design-ins on Google’s AI hardware platforms, and the two parties have entered into a compliant supply agreement. The move underscores InnoScience’s claims of technological leadership in GaN in terms of performance and quality, and signals a strategic push into high-growth segments like AI servers and data centers, where the company plans to work closely with ecosystem partners to commercialize its products and meet expanding market demand, while keeping investors updated on further project developments.
The most recent analyst rating on (HK:2577) stock is a Buy with a HK$113.60 price target. To see the full list of analyst forecasts on InnoScience (Suzhou) Technology Holding Co Ltd Class H stock, see the HK:2577 Stock Forecast page.
More about InnoScience (Suzhou) Technology Holding Co Ltd Class H
InnoScience (Suzhou) Technology Holding Co., Ltd. is a Chinese joint stock company specializing in gallium nitride (GaN) technology, with a focus on high-performance power semiconductor products. The company positions itself as a technological leader in the GaN industry, targeting fast-growing applications such as AI hardware, servers and data centers.
Average Trading Volume: 5,574,041
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$52.66B
For a thorough assessment of 2577 stock, go to TipRanks’ Stock Analysis page.