Tag: #ai-chips369 results
57 companies on China's STAR Market achieved record stock highs, led by semiconductors amid AI compute boom. Sci-Tech 50 index refreshed 6-year high on storage super cycle and国产 AI chips demand. Key players like Cambricon and SMIC surged on calc force inflation.
East Wu Securities report states domestic computing power trend is irreversible, with AI Xinchuang forming five core lines. DeepSeek V4 first used domestic compute for training, marking a strategic shift. Infrastructure exceeds 14th Five-Year goals, focusing on autonomy in 15th plan.
Horizon Robotics, scaled to a 100 billion valuation, requires a fresh strategic narrative. It embodies a long-cycle story still undergoing market validation.
China's A-share indices all closed higher with over 3800 stocks up. Semiconductors and AI computing led gains, Haiguang Information up over 16%, Lanqi Tech over 14%, Cambrian over 7%. Shanghai Composite rose 1.17%, Shenzhen Component 2.33%, ChiNext 2.75%.
Domestic Chinese AI chip production is surging, driving up prices of computers and smartphones beyond gold's rise. Consumers' extra spending is being captured by AI demand. Future price drops remain uncertain.
Holiday overseas markets steady with Nasdaq leading on cloud capex growth and storage chip earnings beats. Brokerages forecast A股 oscillation bias strong in May, led by high-prosperity AI industry chain. Q1 shows A股 earnings improvement with AI as core direction.
Hang Seng Index rises 1.7% at midday break, with Hang Seng Tech Index surging 2.86%. Hardware, semiconductors, and retail lead gains, featuring Tianshu Zhixin up over 15% and Cambridge Tech over 14%. Energy sectors lag with notable declines.
Cambricon's stock hit a 20cm daily limit up in the afternoon session. The price approached 1700 yuan with trading volume exceeding 250 billion yuan.
A-share major indices mixed at midday break, with Shanghai up 0.09%, Shenzhen down 0.06%, and ChiNext down 0.13%. Semiconductors led gains, Cambricon up over 17%; leisure and real estate also rose. Gas, precious metals, and autos lagged.
A-shares opened mixed: Shanghai -0.01%, Shenzhen +0.24%, ChiNext +0.46%. GPU, CPO concepts lead with Cambricon and others up over 4%. Battery sectors trail with sharp declines.