异动解读 | 纳微半导体夜盘大跌13.47%,Q3业绩不及预期,Q4指引疲软

异动解读
Nov 04, 2025

纳微半导体(NVTS)今日夜盘大跌13.47%,引发市场广泛关注。这一显著跌幅主要源于公司公布的第三季度财报不及预期,以及对第四季度的疲软业绩指引。

根据公司发布的财报,纳微半导体第三季度营收为1011万美元,虽略高于分析师预期的1001万美元,但较去年同期的2170万美元大幅下降。经调整后每股亏损0.05美元,符合市场预期。公司总裁兼首席执行官Chris Allexandre表示,公司在氮化镓(GaN)和高压碳化硅(SiC)技术领域拥有长达十年的领先地位,有望在AI数据中心、高性能计算等高功率半导体市场中占据有利位置。

然而,纳微半导体对第四季度的业绩指引令投资者失望。公司预计第四季度营收将在675万至725万美元之间,远低于分析师预期的1005万美元。公司解释称,这主要是因为战略性地降低了低功率、低利润的中国移动与消费业务优先级,并精简分销网络、减少渠道库存以转向高功率市场。这一疲软的业绩指引直接导致公司股价在盘后交易中大幅下跌。

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