瀚博半导体是一家专注于GPU芯片研发的高科技企业，致力于为人工智能核心算力、图形渲染及内容生成提供全栈式芯片解决 方案。在人工智能与图形技术快速发展的背景下，市场对高性能GPU的需求持续强劲，为公司带来了广阔的发展空间。 12月30日，证监会网站披露了中信证券关于瀚博半导体（上海）股份有限公司（以下简称"瀚博半导体"）首次公开发行股票并 上市辅导工作的完成报告，标志着这家专注于GPU芯片研发的公司已正式完成上市辅导，向A股IPO迈出关键一步。 公司表示，此次启动IPO旨在抓住行业战略机遇，通过登陆资本市场进一步拓宽融资渠道。所募资金将主要用于加大研发投入、 扩大生产规模、加强市场拓展，以巩固并提升在高性能计算及图形处理领域的市场地位，满足下游应用场景不断增长的需求。 完成上市辅导是企业在A股上市进程中的重要环节。此次辅导工作的顺利结束，意味着瀚博半导体在公司规范治理、合规运作等 方面已符合监管要求，为后续提交IPO申请奠定了坚实基础。 分析指出，若瀚博半导体成功上市，不仅能为自身发展注入强劲资本动力，加速产品迭代与技术突破，也有望提升其在全球 GPU市场的品牌影响力与综合竞争力。同时，作为国内GPU领域的重要 ...

12月30日，摩尔线程盘中下跌2.00%，截至13:04，报602.70元/股，成交15.26亿元，换手率8.46%，总市 值2832.86亿元。 摩尔线程所属申万行业为：电子-半导体-数字芯片设计。所属概念板块包括：次新股、近端次新、 GPU、AI芯片、AI训练等。 截至12月5日，摩尔线程股东户数3.92万，较上期增加45515.12%；人均流通股748股，较上期增加 0.00%。2025年1月-9月，摩尔线程实现营业收入7.85亿元，同比增长181.99%；归母净利润-7.24亿元， 同比增长18.71%。 责任编辑：小浪快报 今年以来摩尔线程已经1次登上龙虎榜，最近一次登上龙虎榜为12月12日，当日龙虎榜净买入-4.67亿 元；买入总计6.49亿元 ，占总成交额比6.25%；卖出总计11.16亿元 ，占总成交额比10.74%。 资料显示，摩尔线程智能科技(北京)股份有限公司位于北京市朝阳区东湖街道望京国际研发园I座3层， 成立日期2020年6月11日，上市日期2025年12月5日，公司主营业务涉及主要从事GPU及相关产品的研 发、设计和销售。主营业务收入构成为：集群70.75%，板卡17.74%，一体 ...

每经AI快讯，12月30日，通用GPU公司天数智芯在港交所公告，在港上市拟发行25,431,800股H股，定 价144.60港元/股。预期H股将在明年1月8日开始交易。 ...

| 潘宁河 | | --- | | 执业登记编码：S0760523110001 | | 邮箱：panninghe@sxzq.com | | 林挺 | | 执业登记编码：S0760524100003 | | 邮箱：linting@sxzq.com | 其他专用机械 瑞晟智能（688215.SH） 增持-A(首次) 智能工厂装备领军者，算力机器人双轮驱动 2025 年 12 月 29 日 公司研究/公司分析 公司近一年市场表现 投资要点： | 市场数据：2025 年 | 12 月 | 29 日 | | | --- | --- | --- | --- | | 收盘价（元/股）： | | | 68.05 | | 总股本（亿股）： | | | 0.62 | | 流通股本（亿股）： | | | 0.62 | | 流通市值（亿元）： | | | 42.48 | | 基础数据：2025 年 9 月 | 30 日 | | | --- | --- | --- | | 每股净资产（元/股）： | | 7.95 | | 每股资本公积（元/股）： | | 4.40 | | 每股未分配利润（元/ | | 1.99 | | 股）： | | ...

【下周资本市场大事提醒：元旦假期来临 美联储或迎新掌门】 1、1月1日至1月4日为元旦假期。沪、深 交易所将于1月1日（星期四）至1月3日（星期六）休市，1月5日（星期一）起照常开市。1月4日（星期 日）为周末休市。另外，港股、美股将在1月1日休市。 2、特朗普可能会在1月第一周指定美联储新主 席人选。鲍威尔继任者热门人选包括白宫经济顾问哈塞特、前美联储理事沃什、美联储理事沃勒和鲍 曼。 3、国家统计局将于12月31日发布12月官方制造业数据。 4、美联储将于12月30日（周二）公布12 月政策会议纪要。 5、"港股GPU第一股"壁仞科技计划于2026年1月2日挂牌交易。"Physical AI第一 股"五一视界预计于12月30日挂牌上市。林清轩预计将于12月30日挂牌上市。 6、国投瑞银白银期货证 券投资基金（LOF）在二级市场价格剧烈波动后再度收紧申购限制，宣布从12月29日起，将A类基金份 额的定期定额投资金额上限重新下调至100元，此前这一额度曾被放宽至500元，以引导套利资金平抑溢 价。 7、央行公开市场下周将有6227亿元逆回购到期，其中周一、周二、周三、周日分别到期673亿 元、593亿元、26 ...

（文章来源：证券日报） 证券日报网讯 12月24日，中科蓝讯在互动平台回答投资者提问时表示，二级市场的表现受市场环境波 动、板块资金轮动等多重外部因素影响。公司深知，良好的市值表现源于扎实的经营业绩和清晰的成长 逻辑。在经营层面，公司通过夯实核心竞争力、拓展产品品类等方式持续提升经营能力，保持公司在低 功耗、高音质、高集成度音频芯片等核心技术领域的领先地位，致力于为广大股东创造长期价值。股东 回报层面，公司在保证正常经营和长远发展的前提下坚持现金分红，自2022年上市以来已实施4次利润 分配，让股东切实感受公司的发展成果。前瞻性战略投资层面，公司围绕半导体核心领域高成长性赛 道，精准布局GPU、AI及先进封装测试等方向，形成赋能自身长期发展的产业协同优势，投资的摩尔 线程、沐曦股份均已成功上市。投资者关系管理层面，公司始终秉持合规、透明、高效的原则，构建了 多维度沟通体系，通过业绩说明会、现场调研、电话会议、策略会、股东会、投资者热线及IR邮箱等多 元化渠道，主动向投资者传递公司经营动态、盈利能力表现、对外投资布局等核心信息，推动与投资者 的良性互动。2025年，公司市值最高突破200亿元，这也体现了市场对公 ...

Core Viewpoint - TianShu Intelligent Chip, established in 2015, has become a leader in the Chinese GPU market, achieving significant milestones in AI chip production and revenue growth over the past decade [1][2]. Group 1: Company Overview - TianShu Intelligent Chip is the first Chinese company to achieve mass production of general-purpose GPU chips for both inference and training, utilizing 7nm technology [1]. - The company has delivered over 52,000 general-purpose GPU products as of mid-2023, showcasing its growth trajectory [1]. Group 2: Revenue and Financial Performance - The revenue from the training series of general-purpose GPU products has been the primary source of income, with significant growth from 189 million RMB in 2022 to 540 million RMB in 2024, reflecting a compound annual growth rate of 68.8% [2][6]. - The company recorded net losses of 554 million RMB, 817 million RMB, and 892 million RMB from 2022 to 2024, with a loss of 609 million RMB reported in the first half of 2025 [5]. Group 3: Product Development and Sales - The sales performance of AI training products has remained stable, with the average selling price increasing from approximately 24,400 RMB to 38,600 RMB between 2022 and 2024 [3]. - The inference product line, including the ZhiKai series, saw a significant increase in shipment volume from 38 units to 9,800 units between 2022 and 2024, although the average selling price decreased due to market competition [4]. Group 4: Gross Margin and Profitability - The gross margin for training products has remained high, between 53% and 61%, while the gross margin for inference products has shown improvement, rising from 35.8% to 46.7% by 2024 [6][8]. - The company aims to enhance product performance and complexity to improve pricing power and overall profitability [7]. Group 5: Strategic Initiatives and Future Outlook - TianShu Intelligent Chip is expanding its business into AI solutions, with the number of solution projects increasing from 6 in 2023 to 10 in the first half of 2025 [4][8]. - The company plans to improve cost control and product design standards to enhance profitability in its AI solutions segment, which has seen a gross margin increase from 25.9% in 2023 to 45.7% in the first half of 2025 [8].

We are all underestimating how pervasive AI is going to be in our lives.You can now buy a small GPU and bring superhuman intelligence to almost anything.This guy ins SF is perfect proof... https://t.co/Hio2QpxLe6 ...

Welcome back. Open AAI is getting more efficient at running its AI. Our Mackenzie Sagalos has that story for us.Hi Mac. >> Hey Mike. One of the biggest questions for OpenAI right now is whether it can make ChatBT profitable at scale and that comes down to how efficiently it can run the models.A source close to Internal Financials tells me OpenAI's compute margin on paid products. We're talking both chatb and the API jumped to about 70% in October, up from roughly 52% at the end of last year and about 35% ba ...

Core Viewpoint - Muxi Co., Ltd. experienced a significant stock decline of 9.08% on December 19, with a trading volume of 4.522 billion yuan, indicating market volatility and investor sentiment concerns [1]. Financing Summary - On December 19, Muxi Co., Ltd. had a financing buy-in amount of 438 million yuan, with a net financing buy of approximately 90.36 million yuan after 348 million yuan in financing repayments [1]. - The total financing and securities balance for Muxi Co., Ltd. reached 959 million yuan, accounting for 7.39% of its circulating market value [1]. - There were no securities sold or repaid on the same day, indicating a lack of short-selling activity [1]. Company Profile - Muxi Integrated Circuit (Shanghai) Co., Ltd. was established on September 14, 2020, and is located in the Pudong New Area of Shanghai [1]. - The company specializes in the research, design, and sales of full-stack GPU products used in artificial intelligence training and inference, general computing, and graphics rendering [1]. - The revenue composition of Muxi Co., Ltd. includes 97.55% from training and inference GPU boards, 1.25% from intelligent computing inference GPU boards, 0.80% from other sources, 0.32% from training and inference GPU servers, and 0.08% from IP licensing [1]. Financial Performance - For the period from January to September 2025, Muxi Co., Ltd. reported a revenue of 1.236 billion yuan, reflecting a year-on-year growth of 453.52% [2]. - The company recorded a net profit attributable to shareholders of -346 million yuan, which represents a year-on-year increase of 55.79% [2]. - As of December 17, the number of shareholders for Muxi Co., Ltd. reached 25,100, marking a significant increase of 20,138.71% compared to the previous period [2].