ZTE shares jump 7% as AI pivot drives profit surge, computing revenue up 70%
pstAsiatech · x · 2026-10-27
ZTE shares rose 7% after an AI pivot drove a massive increase in Q3 profit, per SCMP. Computing-related revenue surged over 70% in the first nine months, now accounting for 38% of total sales — the "forgotten Huawei competitor" is making a comeback in AI compute.
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