On May 27, Novosense (02676.HK) rose 5.91% in regular trading, trading at HKD 242.6/share, with trading volume of HKD 38.26 million.

On the news front, the semiconductor sector continued its strong rally, with sector resonance effects propelling individual stocks higher. Among peers, Innoscience surged 11.59%, GigaDevice rose 7.7%, and Montage Technology gained 6.54%. The ongoing semiconductor industry price hike wave has now spread into the power management IC segment, directly benefiting Novosense as a core player in power management chips. Analysts expect that as AI server power requirements continue to increase, ASPs for power supply-related analog chips will maintain an upward trajectory, with Novosense positioned to expand its AI power revenue exposure.

Additionally, the company's shareholder meeting previously approved an H-share buyback authorization via special resolution, widely interpreted as a signal of management confidence in the company's outlook. Combined with Q1 revenue growth of 59.17% year-over-year, multiple positive catalysts continue to support upward price momentum.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)