SEHK:700Interactive Media and Services
Tencent’s AI Chips And Palm ID Push Put Valuation Gap In Focus
Tencent Holdings (SEHK:700) received regulatory approval to purchase Nvidia’s H200 artificial intelligence chips.
The company also launched Hong Kong’s first palm verification check in system for healthcare in partnership with Bupa.
Tencent’s latest moves plug directly into two big themes investors are watching for the company: AI infrastructure and real world use of its technology. With the share price at HK$606.0 and a 1 year return of 52.4%, the stock has recently delivered strong gains,...