ZJK Industrial shares surge 69.26% intraday after announcing $200M U.S. gigafactory partnership with Chaince Digital for AI, semiconductor components.

ZJK Industrial surged 69.26% intraday after announcing a strategic partnership with Chaince Digital to build a $200 million U.S. gigafactory for precision components targeting AI, semiconductor equipment, and EV sectors. The joint venture, based in Delaware, aligns with the "Made in America" strategy and excludes restricted semiconductor activities like wafer fabrication. Chaince Securities was also appointed as ZJK’s five-year capital markets advisor, underscoring the collaboration’s focus on expanding U.S. manufacturing capabilities and securing financing. The initiative leverages both companies’ strengths in manufacturing and capital markets, aiming to position ZJK as a key supplier in high-growth technology industries.