Vishay Intertechnology's stock soared 5.26% during intraday trading on Wednesday, following the release of its fourth-quarter financial results that showed revenue exceeding analyst expectations.

The semiconductor maker reported Q4 revenue of $800.922 million, beating the consensus estimate of $790.47 million by 1.32% and representing a 12.06% increase from the same period last year. The company also issued Q1 revenue guidance of $800-830 million, with the midpoint above analyst expectations.

Key drivers behind the positive market reaction include a strong book-to-bill ratio of 1.20, indicating robust order intake, and the company's attribution of revenue growth to increased demand for industrial and AI-related power applications. Despite adjusted EPS of $0.01 missing the $0.02 estimate, investors focused on the revenue beat and positive growth outlook in high-demand technology sectors.