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flag Shanghai's Iluvatar CoreX debuted on Hong Kong's stock exchange, jumping 31.5% amid strong demand for its AI chips.

flag On January 8, 2026, Shanghai Iluvatar CoreX Semiconductor debuted on the Hong Kong Stock Exchange, surging 31.54% and reaching a market cap above HK$48.37 billion. flag The Chinese GPGPU chipmaker, specializing in AI computing for training and inference, has gained traction through its full-stack technology, including software compatible with mainstream ecosystems. flag Unlike many AI chip firms dependent on subsidies, Iluvatar CoreX has achieved sustainable growth via long-term contracts with cloud providers, data centers, and enterprises, driven by reliable, scalable hardware and real-world deployment.

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