Company Overview - Cambricon announced a revenue forecast of 5 billion to 7 billion yuan for the year 2025, based on management's preliminary estimates [1] - The company operates under a Fabless model, relying on various suppliers, including IP licensing firms and wafer manufacturers [2] - Cambricon's stock price reached a new high, closing at 1587.91 yuan, marking a 15.73% increase and surpassing Kweichow Moutai's stock price [2] Financial Performance - In the first half of the year, Cambricon reported a revenue of 2.881 billion yuan, a year-on-year increase of 4347.82% [2] - The net profit attributable to shareholders was 1.038 billion yuan, compared to a net loss of 530 million yuan in the same period last year [2] - The company's rolling P/E ratio is 5117.75, significantly higher than the industry average of 88.97 [2] Industry Context - The semiconductor industry is currently in an upward cycle, driven by strong demand for AI applications [4] - Domestic innovation is being accelerated by export controls, with a focus on self-sufficiency in technology [4] - The demand for AI infrastructure is expected to grow, with significant investments anticipated from major players like OpenAI [3]

股价新高后，寒武纪最新回应。 寒武纪8月28日晚间发布公告称，公司关注到近期市场上存在部分对公司经营情况的预测，公司结合实际情况，预计2025年全年实现营业收入50亿元至70亿 元。 上述经营预测等前瞻性内容，系公司管理层的初步预测，不构成公司对任何投资者的实质承诺。投资者及相关人士均应对此保持足够的风险认识，并且应当 理解计划、预测与承诺之间的差异，注意投资风险。 公司未有新产品发布计划，近期网上传播的关于公司新产品情况的信息，均为误导市场的不实信息。 公司采用Fabless模式经营，供应商包括IP授权厂商、服务器厂商、晶圆制造厂和封装测试厂 等 。由于集成电路整个行业链是专业化分工且技术门槛较高， 加之公司及部分子公司已被列入"实体清单"，将对公司供应链的稳定造成一定风险，可能对公司经营业绩产生不利影响。 今日，寒武纪股价高开高走，盘中突破1500元，收盘为1587.91元，全天涨幅达15.73%。值得注意的是，寒武纪今日收盘价超越了贵州茅台的1446.10 元，正式成为A股新"股王"。 根据中证指数有限公司发布的数据， 寒武纪 最新滚动市盈率为 5117.75 倍，市净率为 113.98 倍，公司所处的 ...

每经AI快讯，8月28日，寒武纪称：公司关注到近期市场上存在部分对公司经营情况的预测，公司结合 实际情况，预计2025年全年实现营业收入50亿元至70亿元。 ...

Core Viewpoint - The article highlights the remarkable rise of Cambrian, which has overtaken Kweichow Moutai to become the highest stock price in A-shares, driven by significant performance improvements and market enthusiasm for AI chip companies [2][4][5]. Group 1: Stock Performance - Cambrian's stock price surged by 15.73% on August 27, closing at 1587.91 CNY per share, with a total market capitalization of 664.3 billion CNY, surpassing Kweichow Moutai's 1446.1 CNY per share [2]. - The stock has experienced a dramatic increase of 121.42% from July 25 to August 26, 2024, and reached over 1000 CNY per share for the first time, with a market value exceeding 500 billion CNY [4]. Group 2: Financial Performance - Cambrian reported a record revenue of 2.881 billion CNY for the first half of 2025, marking a staggering year-on-year growth of 4347.82%, and a net profit of 1.038 billion CNY, reversing years of losses [4][5]. - The company achieved its first quarterly profit in Q4 2024, with a net profit of 355 million CNY in Q1 2025, laying the groundwork for its strong half-year performance [5]. Group 3: Market Dynamics - The rise of Cambrian reflects a shift in investor sentiment from traditional consumer sectors to high-tech industries, particularly in AI chip technology [5]. - Cambrian's advancements in AI chips and breakthroughs in data centers and intelligent computing have garnered both capital and industry recognition [5].

截至北京商报记者发稿，寒武纪股价涨幅12.31%，报1541.01元/股，总市值6339亿元。 北京商报讯（记者 马换换 王蔓蕾）8月28日午后，寒武纪（688256）股价持续震荡走高，盘中触及1555 元/股高点，再度创下历史新高，稳居A股"股王"宝座。 ...

寒武纪股价突破1500元，现涨9.5%，总市值逼近6300亿元。 ...

人民财讯8月28日电，寒武纪股价突破1500元，日内涨超9%。 ...

大华继显发布研报称，地平线机器人-W(09660)上半年收入同比升67.6%至15.7亿元人民币，达该行全年 收入预测的45%，受惠硬件付运倍升。集团表示，有信心达致全年400万件硬件交付量，当中，中至高 端产品贡献达50%。以预测2027年市销率9.2倍计，该行将其目标价由7.45港元上调至8.88港元，维持其 评级为"买入"。 管理层对下半年展望正面，预计其最新ADAS解决方案HSD将在两至三年内成为主流。该行对其2025至 26年收入预测维持不变，但升2027年收入预测34%，以反映销售均价预测获上调，因驾驶芯片J6P付运 增加，并将2027年净亏损预测收窄32%至4.05亿元人民币，以反映持续经营杠杆，并料其2028年达至收 支平衡，录10亿元人民币净利。 ...

格隆汇8月28日｜A股寒武纪成交额超200亿元，现涨超6%。 ...

A股寒武纪盘中涨超6.5%再创新高，总市值再超6100亿元。 ...