Cambricon(SH:688256) Sou Hu Cai Jing·2025-09-27 13:08Core Insights - The AI wave has significantly impacted the stock market, with companies like Cambricon Technologies experiencing a dramatic surge in stock price and revenue, indicating a broader industry boom [1][3] - Public funds have seen substantial gains, with the Wande equity fund index rising by 31% this year, outperforming the CSI 300 index [3][6] - The investment strategy emphasizes a global perspective, highlighting the importance of identifying "invisible champions" within the global supply chain [3][5] Company Performance - Cambricon Technologies reported a staggering 43-fold increase in revenue to 2.88 billion yuan and a net profit of 1.038 billion yuan, marking a turnaround from losses [1][3] - Other companies in the AI supply chain, such as NewEase and Shenghong Technology, also reported impressive growth, with revenues increasing by 282% and net profits soaring by 366% respectively [3][4] Investment Strategy - The investment approach advocated by fund managers includes a long-term view, balanced asset allocation, and a global perspective to capture opportunities in the tech sector [5][6] - The strategy involves not chasing hot stocks but focusing on sectors with long-term growth potential, as demonstrated by the success of certain fund managers who anticipated trends in AI applications [5][8] - The emphasis is on understanding the global supply chain, as many key components for AI technologies are sourced internationally, necessitating a comprehensive view of the industry [3][4]