寒武纪发展路径：坚持云边端一体化与软硬件协同

Core Insights - The company is focused on the research and development of artificial intelligence chips, aiming to create core processor chips for the AI field [1][2] - The new generation of intelligent processor microarchitecture and instruction set is optimized for training and inference scenarios of large models, enhancing product competitiveness in flexibility, usability, performance, power consumption, and area [1] - The company has achieved profitability for two consecutive quarters as of Q1 2025, driven by market expansion and significant revenue growth [2] Product Development - The company has developed a general-purpose intelligent chip that can adapt to mainstream open-source models, including DeepSeek [1] - The product matrix includes intelligent chips and boards, intelligent systems, processor IP, and software, catering to various scales of AI computing needs across cloud, edge, and endpoint [1] - The intelligent chips and processors support diverse AI tasks such as large model training and inference, visual processing, speech processing, natural language processing, and recommendation systems [1] Market Positioning - The company aims to leverage its core advantages and enhance core technologies through independent innovation, driving enterprise development [2] - The strategy includes a focus on integrated cloud-edge-end solutions and hardware-software collaboration, with the goal of becoming a leading AI chip design company in the industry [2]