Core Viewpoint - Tianyue Advanced (02631) shares rose nearly 5%, reaching HKD 50.7 with a trading volume of HKD 112 million, following significant advancements in silicon carbide wafer processing technology by Beijing Jingfei Semiconductor Technology, a spin-off from the Chinese Academy of Sciences [1] Company Summary - Tianyue Advanced has focused on the research and industrialization of high-quality silicon carbide substrates since its inception [1] - The company is among the few globally capable of mass-producing 8-inch silicon carbide substrates and was the first to commercialize the transition from 2-inch to 8-inch substrates [1] - Tianyue Advanced is also a pioneer in launching 12-inch silicon carbide substrates [1] Industry Summary - The recent breakthrough in silicon carbide wafer processing is expected to provide a new solution for cost reduction and efficiency improvement in the global silicon carbide industry [1] - NVIDIA plans to utilize silicon carbide substrates in the advanced packaging of its next-generation GPU chips, indicating a growing application potential for silicon carbide materials in high-performance computing [1] - According to Dongfang Securities, the application potential of silicon carbide materials in high-end computing chips has not been fully explored, suggesting future growth opportunities in the industry [1]