寒武纪，紧急回应！

Company Overview - Cambricon announced a revenue forecast of 5 billion to 7 billion yuan for the year 2025, based on management's preliminary estimates [1] - The company operates under a Fabless model, relying on various suppliers, including IP licensing firms and wafer manufacturers [2] - Cambricon's stock price reached a new high, closing at 1587.91 yuan, marking a 15.73% increase and surpassing Kweichow Moutai's stock price [2] Financial Performance - In the first half of the year, Cambricon reported a revenue of 2.881 billion yuan, a year-on-year increase of 4347.82% [2] - The net profit attributable to shareholders was 1.038 billion yuan, compared to a net loss of 530 million yuan in the same period last year [2] - The company's rolling P/E ratio is 5117.75, significantly higher than the industry average of 88.97 [2] Industry Context - The semiconductor industry is currently in an upward cycle, driven by strong demand for AI applications [4] - Domestic innovation is being accelerated by export controls, with a focus on self-sufficiency in technology [4] - The demand for AI infrastructure is expected to grow, with significant investments anticipated from major players like OpenAI [3]