There isn’t much new to discuss; mainly, it’s about some rumors regarding #ChipOrigin Co., Ltd: First, it is important to clarify that ASIC is not a specific product, but a classification—chips specifically designed for certain types of tasks, which excel in cost, efficiency, and power consumption, aside from flexibility. Of course, this is contingent on having a sufficiently large volume.
It is very popular and widely rumored.
1. The mid-year report shows orders of 3 billion yuan, with the #ASIC business accounting for 90%. Meanwhile, the conversion rate of orders within a year is 81%.
From the performance release perspective, an 81% conversion rate within a year indicates that Q3 and Q4 will see significant performance improvements.
2. Compared to traditional chip design, the ASIC industry is relatively opaque due to backing from large manufacturers. Generally, only large companies have the capability to provide sufficient scale; otherwise, no one would invest in ASICs, as without scale, it is impossible to dilute fixed and R&D costs.
It should be noted that many domestic chips in the AI field are essentially ASICs, so saying that ChipOrigin is the leader in this area is not entirely accurate.
Have you not seen this year’s rumors debunked by ByteDance regarding #Cambricon #maliciousattacks? Initially, many people mocked it, but now it has been far outpaced.