泰凌微：从无线到算力，端侧AI新品发布

Investment Rating - The report maintains a "Buy" rating for the company [5][15]. Core Views - The recent launch of the TLEdgeAI-DK platform marks a significant advancement in the integration of machine learning and artificial intelligence, particularly in edge AI applications, which are expected to experience rapid growth [5]. - The TL721x and TL751x series chips enhance edge AI computing capabilities, allowing for self-learning and integration with major AI models, positioning the company favorably in the market [5]. - Revenue projections for the company are estimated at 810 million, 1.05 billion, and 1.37 billion yuan for the years 2024, 2025, and 2026 respectively, with net profits expected to reach 100 million, 170 million, and 290 million yuan in the same years [5][16]. Financial Summary - The latest closing price of the stock is 29.68 yuan, with a total market capitalization of 71 billion yuan [4]. - The company is projected to achieve a revenue growth rate of 27.4% in 2024, 29.6% in 2025, and 30.5% in 2026 [16]. - The earnings per share (EPS) is expected to increase from 0.21 yuan in 2023 to 1.21 yuan by 2026, reflecting a strong growth trajectory [16].