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ZJK Industrial (NASDAQ:ZJK) shares jumped 30% in premarket trading on Thursday after the company announced it is ramping up production to meet rising demand from Nvidia’s B40 project.
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Nvidia (NVDA) is advancing the development of a customized AI accelerator, the B40 chip, specifically for the Chinese market.
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Mass production of the B40, which is based on Nvidia’s Blackwell architecture and targets the mid-to-high-end market segment, could be started as early as June 2025.
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“As a supplier to Nvidia, we see tremendous growth potential in this project, given the market size and surging demand in the AI sector. We expect this initiative to contribute significant year-over-year revenue growth,” Ning Ding, CEO of ZJK said.
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