On May 7, the People’s Bank of China announced a 0.5 percentage point reduction in the reserve requirement ratio and a 0.1 percentage point decrease in the policy interest rate, which is expected to release 1 trillion yuan in long-term liquidity. This policy directly benefits the capital market and injects a strong boost into the technology sector, with AI chips, as a core carrier of high-end manufacturing, set to benefit first.
On the same day, the U.S. Department of Commerce proposed to lift restrictions on the export of high-end AI chips, leading to a surge in Nvidia’s stock price, and related stocks in the A-share Nvidia supply chain also strengthened collectively. This not only alleviates the global computing power bottleneck but also indicates that the AI chip market will welcome broader development space.
Domestically, Cambricon is expected to turn a profit in Q4 2024, with a staggering 40-fold increase in revenue in Q1 this year and a net profit growth of more than 2 times, demonstrating strong demand for AI chips.
This issue shares the five fastest growing companies in the AI chip field, for further research and reference.Note: The following content does not constitute any investment advice, guidance, or commitment, and is for academic discussion only.10th Company: Weir Shares
Core Business: CMOS Image Sensors (CIS), display driver chips, applied in smartphones, automotive, security, and other fields.
Growth Situation: Q1 report shows a year-on-year net profit growth of 55.25%
Growth Driver: Domestic substitution of high-end smartphone main camera CIS (OV50H series), increase in shipments of automotive CIS (up 53% year-on-year in 2024).
Company Highlights: 498% net profit growth in 2024, 33% global market share in automotive CIS, 8-megapixel automotive chip OX08D10 compatible with Tesla and BYD.
9th Company: Lattice Technology
Core Business: Memory interface chips (DDR5), server platforms, covering data centers, cloud computing, and other fields.
Growth Situation: Q1 report shows a year-on-year net profit growth of 135.14%
Growth Driver: Global data center expansion, surging demand for AI servers, DDR5 penetration rate increased to over 40%.
Company Highlights: 35% year-on-year revenue growth in 2024, global number one market share in DDR5 memory interface chips, jointly released a new generation server platform with Intel, certified by Nvidia.
8th Company: RockchipCore Business: AIoT chip design, focusing on smart speakers, tablets, smart hardware, and other terminal markets, with products covering processor chips, power management chips, etc.Growth Situation: Q1 report shows a year-on-year net profit growth of 209.65%Growth Driver: Explosive demand for AI terminal devices (such as smart speakers, educational tablets), layout in automotive electronics (in-vehicle audio chips), and expansion of RISC-V architecture ecosystem.Company Highlights: Over 200% year-on-year net profit growth in Q3 2024, R&D investment accounting for over 20%, launched the world’s first AIoT chip RK3588 supporting 8K video processing, suitable for edge computing scenarios.
7th Company: Cambricon
Core Business: Cloud/edge AI chips (Siyuan series), intelligent computing cluster systems, focusing on computing power infrastructure.
Growth Situation: Q1 report shows a year-on-year net profit growth of 256.82%
Growth Driver: Demand for AI large model training, promotion of domestic substitution policies, with cloud chip revenue expected to grow 11 times in 2024.
Company Highlights: First profit in Q1 2025, self-developed instruction set compatible with mainstream AI frameworks (such as PyTorch), received orders from ByteDance and Alibaba Cloud.
6th Company: Ingenic
Core Business: Fast charging protocol chips (PD/QC), mobile power control chips, with clients including leading brands like Xiaomi and OPPO.
Growth Situation: Q1 report shows a year-on-year net profit growth of 395.62%
Growth Driver: Popularization of fast charging technology (high power demand over 100W), incremental market for TWS earphone charging case chips.
Company Highlights: 50% revenue growth in 2024, 150% net profit growth, launched the world’s smallest fast charging chip IP2726, supporting multi-protocol compatibility, 20% lower cost than competitors.
5th Company: Lantech
Core Business: High-speed optical modules (400G/800G), optical devices, applied in data centers and 5G communications.
Growth Situation: Q1 report shows a year-on-year net profit growth of 499.92%
Growth Driver: Explosive demand for AI computing power (over 30% of 800G optical module shipments), expansion into overseas markets (45% of clients in Europe and the U.S.).
Company Highlights: 250% net profit growth in 2024, mass production of 800G DR4 optical modules, and production capacity of the Malaysian factory increased to 100,000 units per month.
4th Company: Hengxuan Technology
Core Business: Smart audio SoC chips (TWS earphone main control), smart watch/AR glasses chips.
Growth Situation: Q1 report shows a year-on-year net profit growth of 590.22%
Growth Driver: Increased penetration of AI earphones (equipped with ByteDance’s Ola Friend), explosive growth in the smart glasses market (73% increase in shipments in 2024).
Company Highlights: 271% net profit growth in 2024, 6nm process BES2800 chip supports edge large models, gross margin increased to 38.5%.
3rd Company: Silan Microelectronics
Core Business: Power semiconductors (IGBT/SiC), MEMS sensors, LED chips, covering automotive and industrial fields.
Growth Situation: Q1 report shows a year-on-year net profit growth of 1072.43%
Growth Driver: Bulk supply of IGBT modules for new energy vehicles (BYD, Geely), ramp-up of SiC MOSFET production capacity.
Company Highlights: 17.8% revenue growth in 2024, 12 billion yuan investment in third-generation semiconductor production line, automotive-grade chips passed ISO 26262 ASIL D certification.
2nd Company: SmartSens
Core Business: CMOS image sensors (CIS), focusing on security monitoring, smartphones, and automotive electronics.
Growth Situation: Q1 report shows a year-on-year net profit growth of 1264.97%
Growth Driver: Domestic substitution of smartphone main camera CIS (over 50% shipment share of 50MP products), automotive CIS market share increased to second in the country.
Company Highlights: Net profit turned positive in 2024, global number one in security CIS shipments (33% market share), automotive CIS compatible with NIO ET5 and Xpeng G9.
1st Company: Changchuan Technology
Core Business: Semiconductor testing equipment (testers, sorters), covering wafer-level and chip-level testing.
Growth Situation: Q1 report shows a year-on-year net profit growth of 2623.82%
Growth Driver: Expansion of wafer factories (13% increase in domestic capacity in 2024), acceleration of domestic substitution (5% market share in testing machines).
Company Highlights: 915% net profit growth in 2024, breakthrough in probe station technology (supporting 12-inch wafers), acquisition of EXIS to improve sorter product line.
Disclaimer: This article references official media and online news materials. If there are any errors, please refer to the latest information. This article does not constitute any investment advice, guidance, or commitment, and is for academic discussion only. Please read carefully. The market has risks, and investment decisions should be based on rational independent thinking.