HK Stock Market Move | EPIWORLD (02726) surged nearly 8% in the afternoon as it has achieved a breakthrough in small batch orders for 12-inch SiC epitaxial wafers.

EPIWORLD (02726) rose nearly 8% in the afternoon. As of the time of writing, it is up 7.82%, trading at HKD 114.4, with a turnover of HKD 21.0648 million. In terms of news, EPIWORLD's interim performance showed that revenue for the first half of the year was CNY 578 million, a year-on-year increase of 92%; adjusted net profit was CNY 139 million, up 43.4% year-on-year. The company's return to profitability is mainly due to its strong focus on opportunities in AI data centers. The report noted that four of the world's top five SiC power device manufacturers are EPIWORLD's clients, and all four of these clients have entered NVIDIA's AIDC supply chain; small batch orders for 12-inch SiC epitaxial wafers have already been achieved. Public data shows that a single 12-inch epitaxial wafer can carry 4.4 times the number of chips of a 6-inch wafer and 2.3 times that of an 8-inch wafer, which can reduce the cost per chip by over 40%. EPIWORLD is the world's first and currently the only company to release the new generation of 12-inch SiC epitaxial wafers. The company has pioneered the transition from 8-inch to 12-inch wafers globally, leading the market in this area.