XMax Inc. is set to acquire Hexa Creation Inc., a developer specializing in 1200V vertical gallium nitride (GaN) power semiconductor technology, which is crucial for AI data center power infrastructure. This acquisition aligns with the growing trend of high-voltage power demand in AI computing, with Hexa Creation’s technology poised to support applications beyond the typical 650V range. As the global GaN power device market is projected to expand significantly, XMax sees this acquisition as a strategic move to diversify its portfolio and enhance its AI power infrastructure capabilities. Hexa Creation’s technology roadmap also suggests potential future expansion into broader power-system solutions, highlighting the evolving landscape of AI chip development.
In other market news, MPI was trading firmly up 10% and finishing the session at NT$6,130.00. In the meantime, Shenzhen Techwinsemi Technology softened, down 31.9% to end the day at CN¥229.59.
Best AI Chip Stocks
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Broadcom settled at $361.54 up 0.4%.
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NVIDIA settled at $229.28 down 0.5%.
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Micron Technology ended the day at $1,029.00 down 0.7%.
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Take a closer look at our AI Chip Stocks list of 117 companies, such as Microchip Technology, Nanya Technology and Beijing E-Town Semiconductor Technology, by clicking here.
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This article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
