Hong Kong Stock Market Movement | Innoscience(02577) surged over 7% in the morning. The penetration rate of gallium nitride in AI server power supplies is expected to increase rapidly.

LootboxPhobia · 2026-02-23T04:24:25+00:00

InnoScience stock price rose over 7% in the morning, as its gallium nitride power chips completed Google's AI hardware design integration and signed a supply agreement, marking its entry into Google's supply chain. Analysis indicates that the application of gallium nitride in AI server power supplies will grow rapidly, and the market space will continue to expand.

LootboxPhobia

2026-02-23 04:24:25

Abstract generation in progress

智通财经APP了解到，InnoScience (02577) shares rose over 7% in the morning session. As of the time of writing, it increased by 7.06%, trading at HKD 65.95, with a turnover of HKD 139 million.

On the news front, InnoScience previously announced that its gallium nitride power chips have completed important design integration for Google’s AI hardware platform and signed a compliant supply agreement. This move marks InnoScience’s official entry into Google’s AI server and data center supply chain. Market analysis indicates that InnoScience’s deep entry at this time aims to seize the strategic high ground for future data center power supply upgrades to high-voltage direct current.

It is worth noting that the penetration rate of gallium nitride in AI server power supplies is expected to increase rapidly. Relevant forecasts show that this ratio may rise from about 15% in 2025 to over 40% in 2027, with the market space continuously expanding. Around key clients, InnoScience is collaborating with power supply manufacturers and server ODM companies to promote large-scale implementation of gallium nitride power solutions in data center scenarios.

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