Core AI shares surge 21.11% intraday as China targets secure core AI tech supply by 2027.

Core AI surged 21.11% intraday after China announced an action plan led by eight government departments to secure a reliable supply of core AI technologies and position its industrial AI among the world’s leading by 2027. The initiative emphasizes deep integration of AI with manufacturing and new industrialization, directly aligning with Core AI’s focus on AI infrastructure and industrial applications. The bullish move reflects investor optimism about expanded government support and long-term growth prospects for AI-related sectors in China.