千元股“寒王”，最新动作曝光！

Core Viewpoint - The stock of Cambricon Technologies ("寒武纪") has surged significantly, reaching a market capitalization of over 500 billion yuan, making it the leading company in the semiconductor industry and the second stock in the market to exceed 1,000 yuan per share, following Kweichow Moutai [1][4][6]. Company Performance - Cambricon's stock price has increased over 88% this year, with a remarkable rise of more than 130% in the past month [5]. - The company reported a substantial revenue growth of 65.56% year-on-year, reaching 1.17 billion yuan in 2024, with Q1 2025 revenue soaring to 1.11 billion yuan, a year-on-year increase of over 4,200% [6]. - Net profit for Q1 2025 was 360 million yuan, reflecting a year-on-year growth of 257% [6]. Market Dynamics - The semiconductor sector is experiencing a bullish trend, with major stocks like Cambricon leading the charge, as evidenced by the Shanghai Composite Index surpassing 3,800 points [4][10]. - The demand for domestic AI chips is increasing due to the ongoing US-China tech competition, positioning Cambricon favorably in the market [7][8]. Industry Trends - The semiconductor index has risen by 25% since April 8, with the "semiconductor selection index" rebounding over 40% in the same period [9]. - The trend towards domestic innovation is expected to reshape technology valuations, with a focus on hard technology innovation since the launch of the Sci-Tech Innovation Board in 2019 [9]. - The semiconductor cycle is currently in an upward trajectory, driven by strong AI demand and a recovery in industrial applications [10].