FII(SH:601138) 证券时报·2025-11-24 11:56Core Viewpoint - Industrial Fulian (601138) issued a clarification on November 24, denying rumors about lowering its fourth-quarter performance targets and adjustments in major customer business models, stating that operations are proceeding as planned and customer demand remains strong [1][2]. Group 1: Company Performance - The company confirmed that its fourth-quarter operations, including the shipment of products like GB200 and GB300, are on track as per the established plan, with no adjustments to profit targets [1][2]. - There have been no requests from major customers to alter business models, reduce shares, or adjust prices, indicating stable customer relationships [1][2]. Group 2: Market Reactions - Industrial Fulian's market value exceeded 1 trillion yuan, but the stock experienced a nearly 8% decline over two days, closing at 55.94 yuan per share with a trading volume of 18.72 billion yuan, ranking second in A-share trading [1]. - Recent market rumors suggested a reduction in AI server cabinet shipments and profits, with cabinet numbers reportedly adjusted to 80,000 units due to competitive pressures from cloud service providers and Nvidia [1]. Group 3: Industry Context - The investment community is divided on the current state of AI-related stocks, with some warning that the AI investment boom is nearing levels seen during the internet bubble 25 years ago, potentially leading to a market correction that could impact global economic growth [2]. - Conversely, other investment institutions believe that AI investments are still in their early stages, with significant long-term productivity enhancement potential [2].