Yuanjie Semiconductor Technology (SH:688498) 财联社·2025-11-06 14:14Core Viewpoint - The article highlights the significant rise in stock prices of AI hardware-related companies, particularly focusing on Yuanjie Technology, which has seen a remarkable increase in its stock price due to strong demand in the data center market and improved company fundamentals [3][4][6]. Company Performance - Yuanjie Technology's stock price has surpassed 600 yuan, closing at 616.53 yuan per share, making it the third most expensive stock in A-shares, following Kweichow Moutai and Cambricon [4]. - The company's stock price has increased by 549.01% from a historical low of 78.14 yuan per share last September, reaching 429 yuan per share within a year [5][6]. - For the first three quarters of the year, Yuanjie Technology reported revenue of 383 million yuan, a year-on-year increase of 115.09%, and a net profit of 106 million yuan, marking a turnaround from losses [6]. Market Dynamics - The growth in performance is attributed to the gradual ramp-up of CW silicon optical source products in the data center market, leading to increased revenue and improved product mix [6][7]. - The company anticipates strong market demand with minimal pricing pressure, expecting an increase in product shipment volumes as production capacity grows from the end of this year into next year [7]. - The optical communication industry is transitioning from 800G to 1.6T, with supply constraints in core chips becoming a significant bottleneck, impacting the availability of optical devices [7].