On May 8, Dapu Micro (301666.SZ) made headlines as the second stock in the A-share market to experience a tenfold surge within the same year. Launched at an initial offering price of 46.08 yuan per share, its stock price catapulted past the 500-yuan mark after just 14 trading days, propelling its total market capitalization to exceed 220 billion yuan. Dapu Micro specializes in the research, development, and sales of enterprise-grade PCIe SSD products tailored for data centers. It stands out as one of the few semiconductor storage companies in China that boasts full-stack, self-developed capabilities for enterprise-grade SSDs. This encompasses master control chips, firmware algorithms, and modules, and the company has successfully achieved mass production and shipment. The company offers a comprehensive lineup of PCIe 3.0 to 5.0 products, with cumulative shipments surpassing 4,900PB. Notably, over 75% of its products are equipped with self-developed master control chips. Its clientele includes leading domestic and international enterprises such as Google, ByteDance, Tencent, Alibaba, NVIDIA, and xAI. In 2025, Dapu Micro reported a revenue of 2.289 billion yuan, marking a significant year-on-year increase of 137.87%. The company is also projected to turn a profit in 2026. The remarkable performance of its stock price can be attributed to the structural revaluation of the storage sector, which was triggered by the explosive demand for AI computing power. Additionally, there has been a shift in the pricing logic of capital markets towards high-growth companies that possess core technologies.