Core Viewpoint - Tianyue Advanced (02631) saw a significant stock increase, attributed to Nvidia's strong earnings report and the ongoing AI boom, highlighting the demand for advanced silicon carbide substrates in the semiconductor industry [1] Company Summary - Tianyue Advanced's stock rose over 8% during trading, currently up 5.79% at HKD 53, with a trading volume of HKD 151 million [1] - The company has successfully developed a full range of 12-inch silicon carbide substrates, marking a significant advancement in the silicon carbide semiconductor materials industry [1] - Tianyue Advanced has released a complete product matrix for 12-inch silicon carbide substrates, including conductive, semi-insulating, and P-type substrates, and is actively engaging with downstream customers [1] Industry Summary - Nvidia's recent earnings report indicates a robust AI market, with plans to adopt 12-inch silicon carbide substrates in the next generation of GPU chips by 2027 [1] - The transition to silicon carbide substrates is crucial for addressing thermal management issues in AI computing power chips, with projections suggesting a need for over 2.3 million 12-inch SiC substrates by 2030, significantly exceeding current supply capacity [1] - The potential shift from Interposer to SiC in CoWoS packaging could lead to a compound annual growth rate of 35% over the next 28 years, emphasizing the growing importance of silicon carbide in the semiconductor landscape [1]