During the trading session, Xiaomi's market value increased by nearly HKD 90 billion after the official announcement of its 3nm SoC, with a peak rise of over 4%

Wallstreetcn
2025.05.20 03:49

On the morning of May 20, Xiaomi Corporation's stock price rose more than 4% during trading, reaching a high of HKD 54.6 per share. On May 19, Xiaomi announced that its self-developed SoC chip, the Xuanjie O1, will use a 3nm process. On May 20, Xiaomi Corporation's founder, chairman, and CEO Lei Jun announced that the Xuanjie O1 has been mass-produced, and the Xiaomi 15S Pro, equipped with this chip, will be released on May 22. Over the past two days, Xiaomi Corporation's stock price has accumulated a maximum increase of 8%, with a market value increase of nearly HKD 90 billion