科创板又一千元股诞生

Core Viewpoint - The stock price of Cambricon Technologies Corp., a leading company in the intelligent chip sector, has reached a new high, surpassing 1000 yuan per share, marking it as the latest "thousand-yuan stock" on the STAR Market [1] Company Overview - Cambricon Technologies specializes in the research, design, and sales of artificial intelligence core chips, which are primarily used in various cloud servers, edge computing devices, and terminal devices [1] - The company has been noted for being an unprofitable entity upon its listing on the STAR Market, with expectations of not achieving profitability from 2022 to 2024 due to the high investment and long cycle characteristics of the AI chip industry [1] Financial Performance - As of the end of the first quarter this year, the company has achieved profitability for two consecutive quarters, attributed to market expansion and significant revenue growth from AI application implementations [1] - Despite the recent profitability, the company still faces cumulative unrecouped losses [1] - The stock price has increased from 658 yuan per share to around 1000 yuan this year, reflecting a year-to-date increase of 42% [1]