FOURSEMI's stock soared 7.63% during the morning trading session on Monday.
The surge appears driven by the company's solid market position as a leading domestic designer of perception AI chips with top-three global ranking in amplifier audio chips and leadership in China's smart display audio chip market. Additionally, FOURSEMI's 2024 financial performance showed remarkable improvement with revenue growing 136.3% year-over-year, gross margin turning positive to 20%, and net loss narrowing significantly, indicating a clear inflection point toward profitability.
Investor confidence is further bolstered by the company's backing from top-tier financial and industrial capital including Shunwei Capital, funds under the National Integrated Circuit Industry Investment Fund, Wingtech, and Huaqin, demonstrating significant industrial synergies and high capital recognition in the industry.
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