Optical module maker Zhongji Innolight has completed a 1.747 billion yuan purchase of a 10.47% stake in Shenzhen-listed Zhongshi Technology. The deal closed on September 29, 2026, making Innolight a major shareholder.
As AI data centers demand ever-faster memory, storage chips are emerging as the bottleneck that decides how efficiently computing power gets used. Chinese investors poured 1.93 billion yuan into the sector in a single day as DDR5, HBM and 3D NAND upgrades reshape the industry.
China's liquid-cooling suppliers for AI data centers report orders booked into 2027 and revenue growth above 400 percent as demand for artificial-intelligence computing surges. Companies are racing to expand factories, but analysts warn the crowded field could soon face overcapacity.
Samsung Electric's Chinese subsidiary secures major US contract for data center transformers amid market volatility and stock fluctuations.
Sanxing Electric, a Ningbo-based power equipment maker, surged its 10 percent daily limit after its subsidiary won a $132 million contract to supply oil-immersed transformers for a US data center energy storage project. The deal shows how the global AI building boom is pulling Chinese manufacturers into America's power infrastructure chain.
You've reached the end
