Stock Track | Paradigm Intelligence Soars 5.41% Intraday on GPU Procurement for API Business and Strong Financials

Stock Track
May 07

Paradigm Intelligence (PHANCY) saw its stock price soar 5.41% during intraday trading on Thursday. The significant upward movement highlights strong investor interest in the company's recent strategic initiatives.

The surge follows the company's announcement of a substantial 400-million-yuan procurement of GPU servers and related components. This strategic investment is aimed at fully enhancing the capacity of its API business, signaling a commitment to scaling computing infrastructure to meet growing demand for AI inference services.

Investor confidence is further bolstered by the company's strong financial performance. Paradigm Intelligence reported full-year revenue of 7.135 billion yuan, representing 35.6% year-over-year growth. The company has also demonstrated improved operational efficiency, with its combined expense ratio declining approximately 14.1 percentage points year-over-year to 36.8%.

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