Today (August 21), the intraday share price of Cambrian Technology (688256.SS), the leading AI chip company in the A-share market, once again hit a record high. The highest intraday increase was more than 4%, and the highest price was about 1,079 yuan/share. The current total market value is about 439.2 billion yuan.

This rise continued yesterday's market: On August 20, driven by the general rise in the semiconductor sector, Cambrian's stock price rose by more than 8.4%, with the closing price exceeding 1,000 yuan, closing at 1,013 yuan/share, and hitting a record high.
At present, "Cambrian" has become the second rare thousand-yuan stock in the A-share market after Kweichow Moutai, which has attracted great attention from the market and investors.
Several research reports pointed out that this wave of market conditions has benefited from the surge in demand for AI computing power and the obvious policy support from the substitution trend of domestic chips. Cambrian, as a representative of domestic AI chips, has high hopes in the capital market. Although the company will only achieve its first single-quarter profit in the fourth quarter of 2024, market confidence generally favors that its future commercialization process will continue to accelerate.