禾赛(HSAI.US)盘前涨5% 上周发布自研RISC-V激光雷达主控芯片费米C500

Core Insights - Hesai Technology (HSAI.US) stock price continued its upward trend, rising 5% pre-market to $20.17, following significant gains of 18% and 11% on November 24 and 25 respectively [1] - The company launched the Fermi C500, a high-performance smart control chip for LiDAR based on RISC-V architecture, along with the world's only "photon isolation" safety technology and an updated version of the 256-line safety LiDAR ATX [1] - The photon isolation technology is now integrated into all of Hesai's main LiDAR products, enhancing safety and reliability to achieve a physical level of "zero false positives" [1] Product Developments - The Fermi C500 chip completes Hesai's fourth-generation chip platform, ensuring supply chain security and technological independence [1] - This chip is the world's first LiDAR-specific main control chip with dual certification for functional safety and cybersecurity, meeting stringent reliability and information security requirements for automotive applications [1] - It also features the world's first integrated point cloud intelligence engine (IPE) with 256-core waveform processing, enabling high-precision perception for autonomous driving in various weather conditions [1] Market Outlook - CICC forecasts that with the proliferation of city navigation assistance driving (NOA) features, Hesai's LiDAR shipments in China will exceed 3 million units by 2025 and 10 million units by 2028, with a compound annual growth rate of 58% [2] - The robotics sector is identified as a new growth driver, while the overseas market is anticipated to experience significant expansion [2]