On February 4, shares of InnoLux (02577.HK) saw a notable surge in early trading, climbing as high as HKD 59.80, with the intraday gain exceeding 11%. As of 14:42, the stock was trading at HKD 55.40 per share, up 2.97%, with a trading volume of approximately HKD 852 million, showing a significant increase in activity and continued market attention.

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Officially Integrated into Google's Supply Chain, Marking a Significant Milestone in Commercialization

InnoLux recently announced that its gallium nitride (GaN) power device products have successfully completed the critical design integration into Google's AI hardware platform, and a compliance supply agreement has been signed. This development marks a significant step forward, with the company’s products officially entering the global tech giant’s AI hardware supply chain, signaling a substantial advancement in its commercialization process.

According to the announcement, the company will focus on high-growth application areas such as AI servers and data centers as part of the ongoing project. The company plans to ramp up mass production and delivery of products under the compliance framework while working closely with the upstream and downstream of the industry chain to meet the growing demand for computing power.

Gaining Recognition After NVIDIA, Strengthening Industry Position

This partnership with Google is not InnoLux's first foray into top-tier tech company ecosystems. Previously, the company announced a strategic collaboration with NVIDIA to provide a full GaN solution for 800V DC power architectures to support the power and efficiency upgrades of the next-generation GPU platforms.

In the AI computing power industry, power supplies and power devices play a critical role in server efficiency, energy consumption, and system stability. The continuous recognition and cooperation from both NVIDIA and Google reflect InnoLux's comprehensive advantages in product performance, reliability, and large-scale delivery capabilities. Its leading position in the GaN power semiconductor field is gradually being solidified.

Energy Consumption Bottleneck in Computing Power, GaN as a Key Solution

With the surge in demand for training and inference of large AI models, the energy consumption issue in data centers has become increasingly prominent. Traditional silicon-based power devices are nearing their physical limits in terms of efficiency improvements and can no longer support the ongoing expansion of computing power while addressing energy constraints. Gallium nitride (GaN), a third-generation semiconductor material, offers higher breakdown fields, faster electron mobility, and lower switching losses. It can achieve higher power density and energy efficiency in a smaller volume, which helps reduce the Power Usage Effectiveness (PUE) of data centers, improve cooling conditions, and enhance overall system reliability. GaN is becoming a key direction for upgrading AI power architectures.

As an important player in the third-generation semiconductor field, InnoLux has already established mass production capabilities for 8-inch silicon-based GaN wafers. The company's products cover a wide voltage range from 15V to 1200V, which aligns perfectly with the technical requirements of AI servers and data center power systems.

Diverse Application Scenarios Open Long-Term Growth Opportunities

In addition to AI computing power, the rapid development of fields such as electric vehicles, photovoltaic energy storage, and humanoid robots is also driving the demand for efficient power devices. As systems increasingly require higher efficiency, higher power density, and miniaturization, the application boundaries for GaN devices are expected to expand further.

From the company's perspective, the management and core shareholders continue to signal long-term confidence in the business. The company’s controlling shareholders have voluntarily committed to a lock-up period, which further strengthens market confidence in the company’s long-term strategic development.

How to Buy InnoLux via on uSMART

After logging into the uSMART HK app, click the “Search” button in the top-right corner of the page, enter the ticker code (02577.HK), and navigate to the details page to view transaction details and historical trends. Click the “Trade” button in the bottom-right corner, select the trade type, and submit your order after filling in the transaction conditions.

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