（转自：界面新闻）9月2日，宇树科技宣布， 预计将在2025年10月至12月期间向证券交 易所提交上市申请文件，届时公司的相关运营数据将正式披露。宇树科技表示，以2024年 为例，四足机器人、人形机器人和组件产品的销售额分别占约65%、30%和5%。其中，约 80%的四足机器人被应用于研究、教育和消费领域，而剩余的20%则被用于工业领域，如 检查与消防。人形机器人完全用于研究、教育和消费领域。 泛集成电路行业最新动态 to 加入"中国IC独角兽联盟"，请点击进入 是说芯语转载，欢迎关注分享 星标 是说芯语 不错过任何一条消息 ▶ Q ore of ( 是说芯语 博述泛集成电路行业的技术走势、热点 交流、市场应用. 行业分析、产业... v hend New ship 进入公众号 不再关注 2 位朋友读过 6 公众号 · 是说芯语 ...

Group 1 - The Chinese semiconductor industry is heavily investing in and pursuing the development of High Bandwidth Memory (HBM), with local NAND manufacturer Yangtze Memory Technologies Corp (YMTC) actively researching DRAM and seeking collaborations with domestic DRAM manufacturers [1] - HBM is a memory technology that vertically stacks multiple DRAM chips to enhance data processing performance, considered crucial for AI data centers [1] - YMTC is reportedly in discussions with partners to order DRAM research and development equipment for HBM, with expectations to complete this by the end of the year [1] Group 2 - China's efforts to achieve semiconductor self-sufficiency are yielding results, with significant investments in AI chip development aimed at reducing reliance on foreign technology [3] - In 2023, Beijing has invested over $8.4 billion to promote AI and semiconductor localization, with a goal to double the production of domestic AI chips by 2026 and achieve an 82% self-sufficiency rate by 2027 [3] - Leading DRAM suppliers in China are preparing to mass-produce the fourth generation of HBM (HBM3) chips next year, with analysts noting that the technology gap is closing faster than expected [3] Group 3 - Experts warn that if current trends continue, the leading position of South Korean memory chip manufacturers may be weakened due to the rapid technological advancements of Chinese chipmakers supported by strong capital and human resources [4] - There is a call for South Korea to enhance its competitiveness, particularly in HBM technology, emphasizing the need for bold investments in AI semiconductor innovation [4] - Some analysts view the rise of Chinese manufacturers as an opportunity for market diversification, potentially providing new growth opportunities for South Korean memory chip suppliers if they can maintain performance advantages in next-generation memory [4]

Core Viewpoint - JETCHIP has announced the acquisition of 66.25% of Xinhai Coast, a high-speed mixed-signal IC design company, for a total price of 418 million yuan, which strategically fills the gap in JETCHIP's product line, particularly in high-speed interface and clock chip areas [1][4][6]. Group 1: Acquisition Details - JETCHIP directly acquires 20% of Xinhai Coast for 126 million yuan and holds a total of 35.37% through associated funds, ensuring strategic influence via board appointment rights [1][6]. - The acquisition structure allows JETCHIP to avoid financial pressure from a full acquisition while maintaining control through a combination of direct and indirect holdings [6]. Group 2: Strategic Importance - The acquisition of Xinhai Coast complements JETCHIP's existing power management technology, creating a comprehensive solution that addresses the growing demand for high-speed interfaces in AI servers and automotive applications [4][6][7]. - Xinhai Coast's technology, including 112G SerDes IP and ultra-low jitter clock generators, enhances JETCHIP's competitive edge in the AI server power management module market [7]. Group 3: Market Potential - The valuation of Xinhai Coast at approximately 631 million yuan, with a projected revenue multiple of about 8 times for 2024, is below the industry average of 10-12 times, indicating a favorable investment opportunity [8]. - The global AI server market is expected to exceed 60 billion USD by 2025, with a demand growth rate for related interface chips surpassing 50%, highlighting the significant market potential for the combined technologies of JETCHIP and Xinhai Coast [8].

Core Viewpoint - The semiconductor industry in A-shares has shown significant growth in revenue and profit for the first half of 2025, indicating a positive trend in the sector. Group 1: Revenue Growth - In the first half of 2025, 131 out of 163 semiconductor listed companies reported revenue growth, with total revenue reaching 320.63 billion yuan, an increase of 15.61% compared to the same period last year [1][2]. - Notable companies with significant revenue growth include: - North Huachuang: 161.42 billion yuan, up 30.86% [2] - Long Electric Technology: 188.05 billion yuan, up 20.14% [2] - SMIC: 323.48 billion yuan, up 23.14% [2] Group 2: Profit Growth - In the first half of 2025, 87 out of 163 semiconductor listed companies achieved profit growth, with total net profit amounting to 24.43 billion yuan, a year-on-year increase of 33.38% [4][5]. - Key companies with notable profit increases include: - North Huachuang: 3.21 billion yuan, up 15.37% [5] - SMIC: 2.30 billion yuan, up 39.76% [5] - Taiwei Group: 2.03 billion yuan, up 48.34% [5] Group 3: Return on Equity (ROE) - In the first half of 2025, 79 out of 163 semiconductor listed companies reported a return on equity (ROE) greater than 2% [7]. Group 4: Market Performance - As of August 31, 2025, 148 out of 163 semiconductor listed companies experienced stock price increases, with a total market capitalization of 5.88 trillion yuan, reflecting an overall increase of 43.77% [8].

以下文章来源于半导体封装 ，作者半导体首席 半导体封装 . 半导体封测官方（www.fengce.com.cn） 5000 万芯片项目猝死！玄同微从 "资本宠儿" 到 "破产弃子"， 上市公司 1 元甩卖股权血亏收场 | 开局王炸！5000 万重庆子公司手握 "天胡牌"，行业直呼 "汽车电子新贵" 2019 年 12 月，玄同微（重庆）横空出世，一登场就自带 "豪门光环"—— 作为深圳玄同微全资子公 司，注册资本直接砸下 5000 万（实缴 3318.8 万），经营范围精准锁定集成电路芯片设计、智能车载设 备制造等汽车电子核心赛道，堪称 "含着金汤匙出生"。 | 暴雷！合资公司1元贱卖，上市公司全额计提坏账，玄同微资金链彻底断裂 谁能想到，看似稳固的 "商业帝国"，竟在 2024 年迎来断崖式崩塌！2023 年 4 月，深圳玄同微拉上 A 股上市公司瑜欣电子 "强强联合"，合资成立深圳瑜欣玄同，注册资本 1000 万瞄准汽车零部件市场，当 时双方高调宣称 "要打通产业闭环"。 更让人眼红的是其 "躺赢级" 配置：扎根重庆江北区，与长安汽车、长安福特、庆铃汽车等整车厂 "门 对门"，供应链响应速度天生快人一步； ...

Core Viewpoint - Dongxin Co., Ltd. announced an investment in Shanghai Lishuan Technology Co., Ltd. with a pre-investment valuation of 3.5 billion yuan, aiming to enhance its strategic layout in the integrated "storage, computing, and networking" sector [2][11]. Investment Details - Dongxin plans to invest approximately 210.53 million yuan to acquire about 35.87% equity in Shanghai Lishuan, which will increase its registered capital to approximately 16.2 million yuan post-investment [4][5]. - The total investment from all parties involved is around 500 million yuan [2]. Company Background - Shanghai Lishuan was established on April 26, 2022, with a registered capital of 13.46 million yuan, focusing on the research and design of scalable GPU chips [7][8]. - As of July 2023, Shanghai Lishuan reported total assets of 34.34 million yuan and total liabilities of 121 million yuan, resulting in a net asset deficit of 86.33 million yuan [9][10]. Financial Performance - Shanghai Lishuan has not generated any revenue and reported a net loss of 210 million yuan for the fiscal year 2024, with a loss of 155 million yuan for the first seven months of 2025 [9][10]. Regulatory Aspects - The investment constitutes a related party transaction but does not qualify as a major asset restructuring, having been approved by Dongxin's board of directors [11]. - The investment is expected to strengthen Dongxin's core competitiveness and create more value for its shareholders [11][12].

Core Viewpoint - Recent reports about Alibaba's large-scale order of 150,000 Cambricon SiYuan 370 chips have been deemed false by Alibaba Cloud, which emphasizes the importance of verifying information in the context of market speculation [1][2]. Group 1: Alibaba Cloud's Response - Alibaba Cloud officially denied the rumors regarding the procurement of 150,000 GPUs, stating that the information is untrue and that they are monitoring information dissemination [1][2]. - The company has stated it will reserve the right to pursue legal action against the spread of false information [2]. Group 2: Cambricon's Stock Performance - Cambricon's stock experienced a significant increase of 15.73% on August 28, closing at 1,587.91 yuan per share, with a total market capitalization exceeding 664.3 billion yuan, making it the highest-priced stock in A-shares, surpassing Kweichow Moutai [3]. Group 3: Cambricon Product Details - The SiYuan 370 is Cambricon's first AI chip utilizing Chiplet technology, built on a 7nm process with 39 billion transistors, achieving an INT8 computing power of 256 TOPS, which is double that of the previous SiYuan 270 model [5]. - The chip features a new inference acceleration engine, MagicMind, designed to reduce user development and deployment costs [5]. - Financial data shows that Cambricon's revenue for the first half of 2025 reached 2.881 billion yuan, a year-on-year increase of 4,347.82%, with a net profit of 1.038 billion yuan, marking a turnaround from losses [5]. Group 4: Alibaba Cloud's Domestic Supply Chain Strategy - Despite denying the large GPU order, Alibaba Cloud confirmed its commitment to deepening cooperation with domestic chip manufacturers through its "One Cloud, Multiple Chips" strategy [6]. - This strategy aims to ensure supply chain security, avoid dependency on a single chip manufacturer, and provide flexibility in hardware choices for customers [8]. Group 5: Industry Analysis and Market Impact - The denial of the procurement rumors reflects market anxiety amid a tight AI computing power supply chain, especially with increased U.S. export controls on high-end AI chips to China [9]. - Experts suggest that domestic chip manufacturers like Cambricon and Huawei Ascend need to focus on technological advancements rather than relying on rumors for market traction [9]. - The clarification from Alibaba Cloud is seen as a measure to stabilize market sentiment and prevent investors from being misled by false information [9].

高盛最新的报告，核心就2点： （1）2025年营收指引符合预期； （2）上调目标价至 人民币2104元… 具体营收和净利润预测上， GS将25-27年营收上调至65.6亿、139.6亿、299.5亿 ，净利润上调了34%、 21%、19%至 20.22亿、36.8亿和77亿。 以下文章来源于橙子不糊涂 ，作者橙子 橙子不糊涂 . 88年，集成电路背景，主要写科技，偶尔聊聊宏观和新鲜事儿。 同时GS上调了2025/2026年国内云服务厂商资本支出预期，分别上调23%/17%，预计2026年资本支出同 比增长 13%。 … 高盛的上调有个特点，营收基本没上调，净利润咔咔上调，大概意思也是净利润率超出了预期。 但实际上， 相比净利润率，很明显营收才是核心和关键，营收以及在国内的份额决定了寒武纪的市场 地位、技术能力以及商业能力的位次能否坐稳前两名，这个至关重要 。至于净利润，那就是顺理成章 的结果而已。 对于高盛上调到观点： 2026营收预估保守，之后还要上调。 AI芯片的爆发，尤其是 推理卡 的爆发，将成为今明两年最具现象级的产业爆发方向，相关的投资机会 也会越来越多被关注。刚好之后沐曦预估IPO时间点也非常好， ...

Core Viewpoint - Biyi Microelectronics has signed an agreement to acquire 100% of Shanghai Xingan Semiconductor for 295 million yuan, marking a significant step in enhancing its semiconductor industry chain layout [1][9]. Company Overview - Biyi Microelectronics, established in 2014, specializes in high-performance analog and mixed-signal integrated circuits, focusing on power management, motor drive, and battery management technologies [4]. - The company provides comprehensive chip solutions and system integration services across various sectors, including energy and power, home appliances, industrial control, and smart IoT [4]. Acquisition Details - The acquisition of Xingan Semiconductor will allow Biyi Micro to integrate Xingan's unique technology in current sensors and signal chain chips, filling a strategic gap in Biyi Micro's sensing technology [6][8]. - Xingan Semiconductor has developed the SC783 series of integrated current sensor modules, which feature ultra-low wire resistance and high precision, successfully applied in high-end scenarios like photovoltaic inverters and charging stations [6]. Strategic Synergy - The combination of Biyi Micro's existing product lines in power management and Xingan's current detection and motion sensing technologies will create a rare complete smart control system product matrix in the industry [8]. - This synergy is expected to enhance Biyi Micro's competitiveness in high-end markets such as industrial automation and new energy vehicles, positioning it as one of the few domestic suppliers offering integrated solutions for current sensors, magnetic encoders, and core chips [8]. Market and Growth Potential - Biyi Micro anticipates a revenue of 688 million yuan in 2024, reflecting an 18.98% year-on-year growth, indicating confidence in the long-term development of the semiconductor industry [9]. - The acquisition is seen as a strategic move to capitalize on the growing demand for high-precision sensing and power control in sectors like new energy and industrial automation, helping Biyi Micro secure a technological advantage in the domestic market [9].

2025年8月31日，国内特色工艺晶圆代工龙头华虹半导体有限公司（股票代码：688347.SH/01347.HK） 正式发布《发行股份及支付现金购买资产并募集配套资金暨关联交易预案》，宣布拟通过发行股份及支 付现金相结合的方式，收购控股股东华虹集团等4名交易对方持有的上海华力微电子有限公司（简称"华 力微"）97.4988%股权，并计划向不超过35名特定对象发行股票募集配套资金。 交易完成后，华虹半导体现有0.35μm-40nm工艺与华力微55-28nm产线形成完美衔接，使公司在成熟制 程领域的工艺覆盖更加完整。产能方面，华虹五厂3.8万片/月的12英寸产能注入，将有效缓解华虹当前 108.3%的产能利用率压力，规模效应有望进一步优化单位生产成本。根据华虹集团此前承诺，整合后 65/55nm非易失性存储器业务将由华虹半导体承接，逻辑与射频业务则保留在华力微平台，这种专业化 分工将提升资源配置效率。 作为全球领先的特色工艺晶圆代工企业，华虹半导体2024年实现营收143.88亿元，在中国大陆纯晶圆代 工企业中排名第二，其工艺覆盖0.35微米至40纳米节点，产品广泛应用于新能源汽车、工业控制、物联 网等战略领域。 ...