Core Viewpoint - Tianyue Advanced (02631) has seen a significant stock price increase, attributed to its advancements in silicon carbide (SiC) products and potential opportunities linked to NVIDIA's future plans for advanced packaging materials [1] Group 1: Company Developments - Tianyue Advanced's stock rose nearly 6% in early trading, currently up 4.44% at HKD 60, with a trading volume of HKD 46.61 million [1] - The company held a performance briefing for the first half of 2025 on October 13, where it discussed its product offerings and market strategies [1] - The company has launched a full range of 12-inch silicon carbide products, including conductive, semi-insulating, and P-type substrates, and is actively engaging with downstream customers [1] Group 2: Market Opportunities - Reports indicate that NVIDIA plans to switch its CoWoS advanced packaging substrate material from silicon to silicon carbide by 2027, which could lead to a demand for approximately 77,000 substrates for the H100 alone [1] - Tianyue Advanced is positioned as a leading domestic player in 12-inch technology, making it a key beneficiary of this market shift [1] - The company's chairman mentioned that the second phase of the Shanghai Lingang base expansion will focus on 12-inch products, although specific capacity and collaboration details were not disclosed [1] Group 3: Strategic Outlook - In response to whether the company can meet 10% of NVIDIA's high-end GPU market demand by 2027, the company stated it has made forward-looking technological arrangements to seize market opportunities [1]