智通财经网·2025-10-13 03:01Core Viewpoint - ZTE Corporation (00763) continues its recent upward trend, with stock prices rising over 20% in the last three trading days, reaching a new high of 45.2 HKD, driven by strong performance in AI server revenue growth and advancements in chip development [1][2] Group 1: Stock Performance - ZTE's stock price increased by over 7% in early trading, peaking at 45.2 HKD, marking a new listing high [1] - As of the latest update, the stock is up 4.33%, trading at 43.88 HKD, with a trading volume of 2.366 billion HKD [1] Group 2: AI and Chip Development - Haitong International reports that the AI server market is entering a phase of significant growth, leading to accelerated revenue for ZTE [1] - The company is enhancing its research and development in intelligent computing products, focusing on self-developed chips and AI servers to meet diverse AI application needs [1] - ZTE's core chip capabilities are highlighted, including the self-developed "Dinghai" DPU chip, "Lingyun" switch chip, and "Zhu Feng" CPU chip, which have contributed to its competitive edge in the AI sector [1][2] Group 3: Industry Recognition - At the 2025 China Computing Power Conference, ZTE received the Annual Major Breakthrough Achievement Award for its "intelligent computing supernode system" based on high-speed interconnection architecture and self-developed "Lingyun" AI switch chip [1] - ZTE Microelectronics, a subsidiary, has developed over 130 types of chips, showcasing its comprehensive design capabilities in the chip sector [2] - Huayuan Securities believes that ZTE's investment in chip research and development will help establish its core competitiveness in the AI wave [2]