Stock Track | TIANYU SEMI Soars 10.35% Intraday on AI-Driven Silicon Carbide Demand

Stock Track05-27

TIANYU SEMI's stock price soared 10.35% during intraday trading on Wednesday, reflecting a significant upward movement in the market.

The surge is part of a broader rally in silicon carbide concept stocks, driven by heightened industry activity and optimistic analyst projections. The silicon carbide sector is experiencing increased business, with upstream substrate manufacturers operating at full capacity. Analysts have identified silicon carbide as a critically overlooked core theme within the AI sector, with projections indicating that AI power supplies could account for 50% of the silicon carbide power market by 2030. Demand for substrates and equipment is anticipated to grow nearly tenfold, fueled by applications in advanced packaging like CoWoS, which may surpass its use in traditional power markets. This AI-related demand is expected to far outpace traditional sectors such as automotive, positioning silicon carbide for substantial future expansion.

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