1. What Happened? Exicon Designated as Overheated Stock

Exicon was designated as an overheated stock on September 19, 2025, and will be subject to a single-price trading method for three trading days. This measure is due to the recent surge in stock price and trading volume.

2. Why the Surge? A Disconnect from Fundamentals

However, Exicon’s semi-annual report for June 2025 reveals a decline in sales, an increase in operating losses, and low production capacity utilization, indicating weak fundamentals. Expectations for new businesses like CXL and SoC Tester, or short-term supply and demand factors, may have driven the stock price up. However, sustaining this upward trend without fundamental improvement could be challenging.

3. What’s the Market Situation? Exicon Amidst Uncertainty

The semiconductor industry faces a downturn and intensified competition, coupled with an unstable macroeconomic environment with fluctuating interest rates, exchange rates, and oil prices. This situation could further hinder Exicon’s fundamental improvement.

4. What Should Investors Do? Investment Strategy Recommendations

  • Short-term investors: Be cautious of increased volatility during the single-price trading period. Exercise prudence when taking short-term profits or making new entries. Closely monitor earnings announcements and the progress of new businesses.
  • Long-term investors: Verify improvements in fundamentals such as profitability, return to profitability, and increased capacity utilization rates. Monitor the performance and market response to new businesses.

In conclusion, Exicon’s overheating is likely a temporary phenomenon. Investors should carefully consider their investments after confirming whether fundamental improvements are occurring.