In the Indian market, one stock recently attracted widespread attention. The company's name is RRP Semiconductor, and its stock price soared by more than 55,000% in the 20 months ending December 17. It quickly became a “god stock” on social media and one of the fastest rising stocks in the world. The sharp rise in stock prices has almost nothing to do with fundamentals: RRP Semiconductor recorded negative revenue in its latest financial report. The latest annual report showed only two full-time employees, and after switching from the real estate business in early 2024, the link between it and the semiconductor investment boom is also very far-fetched. Internet hype, minimal free circulation, and India's growing retail pool have all contributed to the stock's rise and fall for 149 consecutive trading days. Some analysts say that in India, since there are almost no listed chip companies in the country, retail investors are willing to chase any stock that appears to be an “alternative target” in order to “seize the global semiconductor fever.” “Semiconductors are really hot, and India's options for investors to choose from related stocks are very limited, so everyone is willing to buy any name involved.”

In the Indian market, one stock recently attracted widespread attention. The company's name is RRP Semiconductor, and its stock price soared by more than 55,000% in the 20 months ending December 17. It quickly became a “god stock” on social media and one of the fastest rising stocks in the world. The sharp rise in stock prices has almost nothing to do with fundamentals: RRP Semiconductor recorded negative revenue in its latest financial report. The latest annual report showed only two full-time employees, and after switching from the real estate business in early 2024, the link between it and the semiconductor investment boom is also very far-fetched. Internet hype, minimal free circulation, and India's growing retail pool have all contributed to the stock's rise and fall for 149 consecutive trading days. Some analysts say that in India, since there are almost no listed chip companies in the country, retail investors are willing to chase any stock that appears to be an “alternative target” in order to “seize the global semiconductor fever.” “Semiconductors are really hot, and India's options for investors to choose from related stocks are very limited, so everyone is willing to buy any name involved.”