SHENGYI ELECTRONICS CO.(SH:688183) 2 1 Shi Ji Jing Ji Bao Dao·2025-10-24 14:30Group 1 - The A-share market experienced a significant upward trend, with the Shanghai Composite Index reaching a new high for the year, closing up 0.71%, while the ChiNext Index surged by 3.57% [2] - The trading volume in the Shanghai and Shenzhen markets was 1.97 trillion yuan, an increase of 330.3 billion yuan compared to the previous trading day [2] - Key sectors that led the gains included optical modules, storage chip concepts, and commercial aerospace, with notable stocks hitting their daily limit [2] Group 2 - Shengyi Electronics reported a strong performance in Q3, with revenue and profit both exceeding market expectations, driven by the demand for AI hardware [3] - The company projected a revenue median of 3.055 billion yuan for the first three quarters, representing a year-on-year increase of 153% and a quarter-on-quarter increase of 39.6% [3] - Shengyi's profit median was estimated at 583 million yuan, showing a year-on-year growth of 545% and a quarter-on-quarter growth of 76.7% [3] Group 3 - TSMC remains optimistic about AI demand, expecting a compound annual growth rate (CAGR) of around 45% for AI revenue from 2024 to 2029 [4] - The surge in token numbers indicates a strong real demand for AI computing power, with TSMC receiving strong signals from customers for future forecasts [4] - The market is anticipated to continue its structural bull market trend, supported by domestic policies, liquidity easing, and new capital inflows, with a focus on sectors like semiconductors, AI hardware, and renewable energy [4]