Graphjet Soars 28.26% on AI Cooling Partnership

On August 19, 2025, Graphjet surged by 28.26% in pre-market trading, marking a significant rise in its stock price.

Graphjet has recently announced a strategic partnership with Universiti Kebangsaan Malaysia (UKM) to collaborate on the development of advanced heat sinks for AI chips and data centers. This collaboration focuses on utilizing additive manufacturing technology to create efficient cooling solutions, which are in high demand due to the growing need for specialized chips, particularly in the AI sector.

The partnership includes the establishment of a new laboratory facility, which will enable Graphjet to conduct in-house testing and research on its graphite and graphene products. This development is expected to reduce the company's reliance on third-party testing services, thereby accelerating its development programs.

Graphjet's CEO, Chris Lai, highlighted the strategic importance of this collaboration, noting the surging demand for efficient cooling solutions in the data center industry. The company's focus on additive manufacturing technology aims to improve existing heat sinks and develop new, advanced solutions for both new and existing data centers.

This collaboration aligns with Graphjet's mission to innovate in the graphene and graphite supply chain, leveraging sustainable production methods that utilize palm kernel shells, a waste agricultural product common in Malaysia. The company's patented technology for recycling palm kernel shells to produce single-layer graphene and artificial graphite positions it as a leader in sustainable materials production.