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Victory Giant Posts 28% Growth, Nvidia Supplier Gains $2.6B

4/30/2026

Summary

Story summary

Victory Giant Technology posted Q1 2026 revenue of RMB 5.519 billion (+27.99% YoY) and net profit of RMB 1.288 billion (+39.95% YoY).
The firm held 13.8% of the global AI and high-performance computing PCB market in H1 2025, up from 1.7% in 2024, after becoming Nvidia’s tier-one supplier in 2024.
Victory Giant’s Hong Kong IPO on April 21 2026 allocated 74% of proceeds to expand AI-related PCB capacity in mainland China, with total funding potential of US$2.6 billion.

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Story summary

Victory Giant Technology posted Q1 2026 revenue of RMB 5.519 billion (+27.99% YoY) and net profit of RMB 1.288 billion (+39.95% YoY).
The firm held 13.8% of the global AI and high-performance computing PCB market in H1 2025, up from 1.7% in 2024, after becoming Nvidia’s tier-one supplier in 2024.
Victory Giant’s Hong Kong IPO on April 21 2026 allocated 74% of proceeds to expand AI-related PCB capacity in mainland China, with total funding potential of US$2.6 billion.