Core Viewpoint - Tianyue Advanced (02631) has seen a significant stock price increase, reaching a new high of 57.9 HKD, driven by its advancements in silicon carbide (SiC) substrate applications in various industries [1] Company Summary - Tianyue Advanced's silicon carbide substrates are widely applicable in power semiconductor devices, RF semiconductor devices, optical waveguides, TF-SAW filters, and thermal components [1] - The main application industries for the company's products include electric vehicles, photovoltaics, energy storage systems, power grids, rail transportation, communications, AI glasses, smartphones, and semiconductor lasers [1] - The company has established itself as a significant supplier to international semiconductor companies, with its products gaining broad recognition globally [1] Industry Summary - Reports indicate that NVIDIA plans to replace silicon with silicon carbide in the intermediate substrate materials of its next-generation Rubin processors to enhance performance [1] - Huaxin Securities highlights that Tianyue Advanced is a global leader in SiC substrate materials, positioning the company to benefit from advancements in AI chip technology [1] - Dongfang Securities notes that the potential applications of silicon carbide materials in high-end computing chips have not been fully explored, suggesting future growth opportunities in advanced packaging and other areas [1]