Understanding the Market | INNOSCIENCE rises over 30%, reaching a new high since its listing during intraday trading. The company responds that its collaboration with NVIDIA is still in the testing phase
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INNOSCIENCE's stock price surged significantly in the morning, with a maximum increase of 63%, reaching a new high of HKD 72, currently up 31.36%, reported at HKD 57.8. The company's collaboration with NVIDIA is still in the testing phase and has not yet generated substantial orders. INNOSCIENCE is the world's first IDM manufacturer to achieve mass production of 8-inch gallium nitride wafers, focusing on GaN power devices, with a market share of 42.4% in 2023
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