Stock Track | EPIWORLD Soars 17.07% Intraday as Silicon Carbide Emerges as Key AI Power Component in Citrini Report

Stock Track05-14

EPIWORLD's stock price surged 17.07% during intraday trading on Thursday, marking a significant upward movement for the company.

The rally follows a significant report from globally renowned AI supply chain research firm Citrini, which identified silicon carbide as the most undervalued core theme in the AI domain. The report highlights that AI power supply and AI infrastructure are mutually reinforcing, with silicon carbide representing the core incremental factor in AI power solutions.

EPIWORLD is positioned as a key beneficiary of this trend. The company is a global leader in the silicon carbide epitaxial industry, primarily engaged in the research, development, mass production, and sales of silicon carbide epitaxial wafers used in power devices. According to industry data, EPIWORLD has been the world's largest supplier of silicon carbide epitaxial wafers by annual sales volume since 2023, commanding a market share exceeding 30% in 2024. Its products have downstream applications in electric vehicles, charging infrastructure, renewable energy, and energy storage systems.

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