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BackDatong releases modular AI data center product, stock price fluctuates and rises 1.15%
Datong releases modular AI data center product, stock price fluctuates and rises 1.15%
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自由时报54 minutes agoBusiness1 min readChinaView original

Datong releases modular AI data center product, stock price fluctuates and rises 1.15%

DatongAI data centerModular

Quick Look

  • Datong released a modular AI data center product yesterday, targeting computing power and electricity business opportunities.
  • Stimulated by foreign investors buying more than 6,699 shares yesterday, the stock price rose by more than 2.5% today, then fell back and fluctuated.
  • It is currently up 1.15% to 30.8 yuan, returning to the 30 yuan level after 5 months.

AI-generated summary

Why It Matters

Datong is a long-established home appliance manufacturer that has transformed and deployed AI infrastructure-related products in recent years. Yesterday, it released a modular AI data center solution.

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Datong’s stock price fluctuated. The picture shows the POC case site of Datong AI modular data center solution. (Photo by reporter Ou Yuxiang)

[Reporter Ou Yuxiang/Taipei Report] Yesterday, the old home appliance manufacturer Datong (2371) released a modular AI data center product, targeting computing power and power business opportunities. In addition, foreign investors bought a large number of more than 6,699 shares yesterday, and the stock price rose by more than 2.5% today. %, but the Air Force immediately came out, and the stock price fluctuated up and down the market. At nearly 10:50, Datong's stock price rose 0.35 yuan, or 1.15%, to a temporary price of 30.8 yuan. It has once again stood at the 30 yuan mark for the first time in five months, with a trading volume of more than 24,000 contracts.

Zhang Songbin, general manager of Datong, pointed out yesterday that Datong's AI infrastructure products are characterized by modularity and rapid construction. Construction and testing can be completed within 180 days at the fastest. They mainly work with Taiwanese manufacturers, and overseas, Japanese computing power rental companies are the main potential customers. Currently, this product has 1 customer. In terms of overall operations, due to the strong momentum of purchasing power equipment, operations will be positive next year.

Please read on...

Yesterday, foreign investors bought more than 6,699 Datong contracts, investment trusts sold more than 24 contracts, dealers bought more than 922 contracts, and the three major legal persons bought more than 7,597 contracts in total; yesterday's day trading volume was 6,281 contracts, accounting for 24%.

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What to Watch

AI outlook — possibilities, not facts

  • Datong’s operations will show positive growth next year

    Possible · Within months

Open Questions

  • What are the specific technical specifications and cost structure of this product?
  • In addition to Japanese computing power rental companies, are there any other international market development plans?
  • What is the identity and cooperation details of the first customer?

Related Topics

Datong
PeopleZhang Songbin
PlacesTaiwan
TopicsAI data centerModularForeign capital overbuysstock priceZhang Songbin
This article was originally published by 自由时报.

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