On September 22, XIZHI TECH-P rose 5.88% in regular trading, trading at HK$332.2 per share, with turnover of approximately HK$68.9 million. The stock rebounded after a 5.01% decline in the prior session triggered by profit-taking and cornerstone investor lock-up expiry concerns.

On the news front, optical communications giant Lumentum announced a joint demonstration with Qualcomm and Corning at ECOC 2026, showcasing a high-density optical die-to-die interconnect solution targeting AI horizontal scale-up systems. The solution can achieve approximately 1 Tb/s/mm bandwidth density over distances of tens of meters, with an evolution path toward 4 Tb/s/mm and aggregate transceiver capacity of roughly 10 Tb/s. This directly overlaps with the Scale-up optical interconnect domain where XIZHI TECH-P has established its core commercial presence, reinforcing the structural demand thesis for high-speed optical interconnects in AI clusters.

Earlier, Goldman Sachs had raised its 800G-and-above optical module demand forecasts for 2027 and 2028 by 39% and 36% respectively, further underpinning the sector outlook. XIZHI TECH-P reported H1 revenue of RMB 79.8 million, up 284% year-over-year, with Scale-up product sales contributing RMB 55.9 million.

(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.)