12月4日，寒武纪科技官方发布声明，声明表示，寒武纪科技关注到今日媒体及网络传播的关于公司产品、客户、供应及产能预测等相关信息，均为误导市 场的不实信息。 在此，公司提醒广大投资者，我公司相关事项均以公开披露信息为准，请各位投资者提高信息辨别能力，不传播、不采信来源不明或未经核实的虚假信息。 此外，对于任何捏造、散布传播不实信息的行为，公司将保留追究相关人员法律责任的权利。 ...

Core Viewpoint - The company issued a formal statement addressing misleading information circulating in the media and online regarding its products, clients, supply, and capacity forecasts [2]. Group 1 - The company emphasizes that all relevant matters should be based on publicly disclosed information and urges investors to enhance their ability to discern information [2]. - The company warns against the dissemination of fabricated or misleading information and reserves the right to pursue legal action against individuals involved in such activities [2].

Core Viewpoint - The company, Cambrian (688256), issued a statement on December 4, addressing misleading information circulating in the media regarding its products, customers, supply, and production capacity forecasts [1] Group 1: Company Response - Cambrian emphasized that any information regarding its operations should be based on publicly disclosed data and urged investors to enhance their ability to discern information [1] - The company warned against the dissemination of fabricated or unverified information and stated it would pursue legal action against those responsible for spreading false information [1] Group 2: Market Reaction - As of the market close on December 4, Cambrian's stock price increased by 2.75%, reaching 1,369 yuan per share, with a total market capitalization of 577.3 billion yuan [1]

Group 1 - The company issued a statement on December 4, emphasizing that recent media and online information regarding its products, customers, supply, and capacity forecasts are misleading and false [1] - The company reminded investors to rely on publicly disclosed information and to enhance their ability to discern information, advising against spreading or believing unverified false information [1] - The company reserves the right to pursue legal action against individuals who fabricate and disseminate false information [1] Group 2 - In the secondary market, the company's stock experienced a short-term surge, closing with a gain of 2.75% [3]

Core Viewpoint - The company, Cambrian, has issued a statement addressing misleading information circulating in the media and online regarding its products, customers, supply, and capacity forecasts [1] Group 1 - The company emphasizes that all relevant matters should be based on publicly disclosed information [1] - Investors are advised to enhance their ability to discern information and to refrain from spreading or believing unverified or false information [1] - The company reserves the right to pursue legal action against individuals who fabricate or disseminate false information [1]

在此，公司提醒广大投资者，公司相关事项均以公开披露信息为准，请各位投资者提高信息辨别能力， 不传播、不采信来源不明或未经核实的虚假信息。此外，对于任何捏造、散布传播不实信息的行为，公 司将保留追究相关人员法律责任的权利。 人民财讯12月4日电，寒武纪发布严正声明，公司关注到今日媒体及网络传播的关于公司产品、客户、 供应及产能预测等相关信息，均为误导市场的不实信息。 ...

Core Viewpoint - The company has issued a stern statement addressing misleading information circulating in the media and online regarding its products, customers, supply, and capacity forecasts, emphasizing that all relevant matters should be based on publicly disclosed information [1][2] Group 1 - The company urges investors to enhance their ability to discern information and to refrain from spreading or believing in unverified or false information from unknown sources [1] - The company reserves the right to pursue legal responsibility against any individuals who fabricate or disseminate false information [2]

Bernstein将寒武纪评级上调至跑赢大盘，目标价2000元。 ...

Bernstein将寒武纪评级上调至跑赢大盘，目标价2,000元人民币。 ...

Core Viewpoint - The current market sentiment indicates a lack of liquidity, with funds gradually withdrawing, leading to a bearish outlook for the A-share market [1][2]. Market Overview - The A-share market showed mixed performance on December 4, with the Shanghai Composite Index down 0.06%, while the Shenzhen Component and ChiNext Index rose by 0.40% and 1.01%, respectively [13]. - The total trading volume across the three markets was 15,617.68 billion, a decrease of 1,219.25 billion from the previous day, with over 3,800 stocks declining [13]. Sector Performance - The robotics sector continued to perform strongly, with stocks like Hengda and Daying Electronics hitting historical highs, driven by news of increased focus on robotics from the U.S. government [13]. - The commercial aerospace sector remained active, with Longzhou Co. achieving two consecutive trading limits [14]. - The pharmaceutical sector showed some strength, particularly in flu-related stocks, which rebounded during the trading session [14]. Fund Flow Analysis - Major funds experienced a net outflow of 6.816 billion, with the basic chemical industry seeing the largest outflow [27]. - The top sectors for net inflow included machinery, national defense, home appliances, electronics, and automobiles, while the basic chemical, food and beverage, banking, agriculture, and non-ferrous metals sectors faced significant outflows [27]. Notable Company Developments - Cambricon plans to triple its AI chip production by 2026, aiming to capture market share in China following NVIDIA's exit, with a projected delivery of 500,000 AI accelerators [7]. - Cambricon's revenue surged 14 times in the third quarter, with ByteDance accounting for over 50% of its current orders [7]. Economic Indicators - Concerns over long-term bond sales have arisen, with fixed income funds being net sellers in recent weeks, influenced by potential investigations into bank bond investments by the central bank [9]. - The Bank of Japan is expected to raise interest rates in December, which could lead to a tightening of global liquidity and increased volatility in major asset classes [10]. Industry Trends - The shipping industry has seen a significant increase in freight rates for oil transportation, with daily revenues rising by 467%, driven by geopolitical tensions and supply chain disruptions [17]. - Predictions indicate that TV panel prices may stabilize in December 2025, with potential price increases for non-strategic customers as manufacturers adjust pricing strategies [22].