CITIC Securities has highlighted that the power devices sector is poised for growth, fueled by the confirmation of a second round of price increases and a significant uptick in demand for AI power supplies. In the short to medium term, both domestic and international power device manufacturers are set to implement a second round of price hikes, as per their individual company statements, thereby reinforcing the ongoing upward trend in the market. Over the long haul, the demand for power devices driven by AI power supplies is expected to keep rising, and the incremental growth opportunities under the High-Voltage Direct Current (HVDC) and Solid-State Transformers (SST) trends will become increasingly apparent. It is projected that this wave of price increases will extend through to 2027, with manufacturers likely to witness swift revenue expansion and notable enhancements in profitability. The overall upward trajectory in the power devices sector presents a promising outlook that is well worth anticipating.