Core Viewpoint - The company InnoPhase (02577) has announced a collaboration with NVIDIA to promote the large-scale implementation of the 800VDC power architecture in AI data centers, which is designed for efficient power supply in future megawatt-level computing infrastructures [1] Group 1: Collaboration and Technology - The partnership aims to leverage NVIDIA's new generation 800VDC power system, which offers significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power systems [1] - The 800VDC architecture is expected to support a 100 to 1000 times increase in AI computing power [1] Group 2: Product Features - The company's third-generation GaN devices provide excellent high frequency, high efficiency, and high power density characteristics, offering a complete GaN power solution from 800V input to GPU terminals, covering 15V to 1200V [1] Group 3: Future Outlook - The integration of GaN technology with NVIDIA's 800VDC power architecture is anticipated to enable a leap from kilowatt-level to megawatt-level AI data centers in the coming years, ushering in a more efficient, reliable, and environmentally friendly era of AI computing [1]

Core Viewpoint - The collaboration between InnoCare (02577.HK) and NVIDIA aims to promote the large-scale implementation of the 800 VDC power architecture in AI data centers, which is designed for high-efficiency power supply in megawatt-level computing infrastructure [1] Group 1: Partnership and Technology - InnoCare has recently partnered with NVIDIA, a global leader in AI technology, to advance the 800 VDC power architecture [1] - The 800 VDC architecture is specifically designed by NVIDIA for future high-efficiency power supply systems, offering significant advantages over traditional 54V systems in terms of efficiency, thermal loss, and reliability [1] - This new power system can support an increase in AI computing power by 100 to 1000 times [1] Group 2: Product Features - InnoCare's third-generation GaN devices exhibit excellent characteristics such as high frequency, high efficiency, and high power density [1] - These GaN devices provide a complete power solution from 800V input to GPU terminals, covering a voltage range from 15V to 1200V [1] Group 3: Future Outlook - The integration of GaN technology with NVIDIA's 800 VDC power architecture is expected to facilitate a leap from kilowatt-level to megawatt-level AI data centers in the coming years [1] - This advancement is set to usher in a more efficient, reliable, and environmentally friendly era of AI computing [1]

Core Insights - The company InnoSec has announced a partnership with NVIDIA to promote the large-scale implementation of the 800VDC power architecture in AI data centers [1] Company Summary - InnoSec has recently entered into a collaboration with NVIDIA, a global leader in AI technology, to advance the deployment of the 800VDC (800-volt direct current) power architecture [1] - This new power system is specifically designed by NVIDIA for future efficient power supply in megawatt-level computing infrastructure [1] Industry Summary - The 800VDC power architecture offers significant advantages over traditional 54V power systems in terms of system efficiency, thermal loss, and reliability [1] - The architecture is capable of supporting an increase in AI computing power by 100 to 1000 times [1]

Group 1 - The company InnoPhase (02577) has announced a partnership with global AI technology leader NVIDIA to promote the large-scale implementation of the 800 VDC (800-volt direct current) power architecture in AI data centers [1] - The 800 VDC architecture is specifically designed by NVIDIA for future efficient power supply megawatt-level computing infrastructure, offering significant advantages in system efficiency, thermal loss, and reliability compared to traditional 54V power systems [1] - The company's third-generation GaN devices provide an excellent high-frequency, high-efficiency, and high-power density solution, supporting a full-link gallium nitride power solution from 800V input to GPU terminals, covering 15V to 1200V [1] Group 2 - The integration of GaN technology with NVIDIA's 800 VDC power architecture is expected to enable AI data centers to achieve a leap from kilowatt-level to megawatt-level in the coming years, ushering in a more efficient, reliable, and environmentally friendly era of AI computing [1]

英诺赛科公告，公司已于近日与全球AI技术领导者NVIDIA达成合作，联合推动800VDC(800伏直流)电 源架构在AI数据中心的规模化落地。 ...

InnoScience (Suzhou) Technology Holding Co., Ltd. 英 諾 賽 科（ 蘇 州 ）科 技 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2577） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 承董事會命 英諾賽科（蘇州）科技股份有限公司 董事長兼執行董事 Weiwei Luo博士 中國，2025年8月1日 自願公告 與NVIDIA達成合作 隨着GaN技術與英偉達800 VDC供電架構的融合，未來幾年，AI數據中心將實現 從千瓦級到兆瓦級的飛躍，開啟更高效、更可靠、更環保的AI計算時代。 1 股東及潛在投資者於買賣本公司證券時，務請審慎行事。 本公告由英諾賽科（蘇州）科技股份有限公司（「本公司」）自願作出，旨在使本公司 股東及潛在投資者了解本公司最新業務發展情況。 本公司宣佈，本公司已於近日與全球AI技術領導者NVIDIA（「英偉達」）達成合 作，聯合推動800 VDC ...

Core Insights - InnoScience's stock surged by 30.91% on August 1, reaching a market capitalization of HKD 51.5 billion, following its inclusion as the only Chinese chip company in NVIDIA's 800V DC power architecture partner list [2] - NVIDIA's transition to 800V HVDC data center power infrastructure is set to begin in 2027, aimed at supporting IT racks of 1MW and above, with InnoScience identified as a key supplier [2][3] - The 800V HVDC architecture is designed to meet the increasing power demands of AI workloads, which have seen a 100 to 1000 times increase in computational requirements per query, while also reducing total ownership costs by 30% through improved efficiency and reliability [3] Company Overview - InnoScience is a high-tech enterprise focused on the research and manufacturing of third-generation semiconductor GaN-on-Si epitaxy and devices, utilizing an IDM (Integrated Device Manufacturer) model [3] - The company has established the world's largest 8-inch GaN-on-Si wafer production line and operates two 8-inch silicon-based GaN production facilities, employing advanced manufacturing processes [3]

Group 1: Market Impact - Trump's new tariff measures have negatively impacted global stock markets, with European markets collectively dropping over 1% [2][5] - The average tariff level on global goods has increased, raising concerns about potential economic growth slowdown and inflation, overshadowing previous optimism in large tech stocks driven by AI [5][7] Group 2: Economic Analysis - Analysts indicate that a 15% tariff rate is a poor agreement for the EU, with Goldman Sachs projecting a GDP loss of approximately 0.4 percentage points for the Eurozone by the end of 2026 [4] - The agreement signifies a turning point in US-EU relations, potentially affecting trade dynamics for years to come, ending an 80-year trend of reducing transatlantic trade barriers [4] Group 3: Regional Market Performance - Asian markets also experienced collective declines, with specific indices such as the KOSPI200 down by 4.08% and the Hang Seng Index down by 0.95% [8][9][7] - A-shares saw slight declines, with the Shanghai Composite Index down by 0.37% and the Shenzhen Component down by 0.17% [9] Group 4: Sector Performance - The pharmaceutical sector showed strength, with multiple stocks hitting the daily limit up, including Weikang Pharmaceutical up by 20% [14] - The photovoltaic sector rebounded, with stocks like Jiejia Weichuang and Shuangliang Energy hitting the daily limit up [15] Group 5: Company-Specific Developments - InnoScience's stock surged over 60% after being listed as a partner on NVIDIA's website, although the collaboration is still in the testing phase without substantial orders yet [17] - InnoScience's stock closed at HK$59.15, reflecting a 34.43% increase, with a trading volume of 64.21 million shares [18]

港股8月开局不利，三大指数继续承压走低，尾盘跌幅有所扩大。截止收盘，恒生指数跌1.07%或265.52 点，报24507.81点，大市交投缩减，全日成交额为2546.74亿港元；恒生国企指数跌0.88%，报8804.42 点；恒生科技指数跌1.02%，报5397.4点。全周来看，恒指累跌3.47%，国指累跌3.78%，恒科指累跌 4.94%。 东吴证券指出，往后看，市场担心海外风险上行。一是，美元资产继续上涨，或会导致全球资金减少对 中国资产的关注；二是，对等关税截止日临近，市场预期关税博弈更偏向税率"缓"+"降"。交银国际认 为，港股市场当前流动性状态仍较为充裕，估值水平保持合理，适度的市场拥挤度也为投资者提供了较 为理想的配置窗口。 蓝筹股表现 5.71港元。 1.个别快递股逆市走高。截至收盘，中通快递-W(02057)涨7.44%，报163.2港元；极兔速递-W(01519)涨 2.52%，报10.58港元。 7月29日，国家邮政局召开快递企业座谈会，就依法依规治理行业"内卷式"竞争，强化农村地区领取快 件违规收费等突出问题整治，促进行业高质量发展进行座谈交流。据现代物流报，7月17日义乌邮管局 已率先 ...

Market Overview - The Hong Kong stock market started poorly in August, with the Hang Seng Index closing down 1.07% at 24,507.81 points, and a total trading volume of 254.67 billion HKD [1] - The Hang Seng Index fell 3.47% over the week, while the Hang Seng China Enterprises Index and the Hang Seng Tech Index dropped 3.78% and 4.94%, respectively [1] - Concerns about rising overseas risks are prevalent, including the increase in dollar assets potentially reducing global interest in Chinese assets [1] Blue-Chip Performance - ZTO Express (02057) led blue-chip stocks, rising 7.44% to 163.2 HKD, contributing 7.92 points to the Hang Seng Index [2] - Other notable blue-chip performances included Xinyi Solar (00968) up 1.31% and Baidu Group (09888) up 1.06%, while Sinopec (00386) and PetroChina (00857) saw declines of 5.87% and 3.26%, respectively [2] Sector Highlights - The logistics sector saw a positive response to anti-competitive policies, with ZTO Express and Jitu Express (01519) both rising [3] - The photovoltaic sector was active following the Ministry of Industry and Information Technology's announcement of energy-saving inspections, with several solar stocks showing gains [4] - The stablecoin sector experienced a significant downturn after the implementation of the Stablecoin Regulation in Hong Kong, with major declines in related stocks [5][6] Notable Stock Movements - Joy City Property (00207) surged 45.95% after announcing a share buyback plan at a premium price [7] - InnoCare Pharma (02577) rose 30.91% following its inclusion in NVIDIA's partner list for 800V DC power architecture [8] - NIO Inc. (09866) saw an 8.62% increase after launching its new flagship SUV model [9] - Innovent Biologics (09939) faced a 16.8% drop due to a planned share placement at a discount [10] - Sinopec's stock fell 5.87% after a profit warning indicating a significant year-on-year decline in net profit [11]