Investment Strategy

The Second Half of the AI Computing Power Battle: ASIC Chips Become the New Focus! These Listed Companies Are Fully Positioned

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The Second Half of the AI Computing Power Battle: ASIC Chips Become the New Focus! These Listed Companies Are Fully Positioned

Oracle’s stock surged by36%, with a market value increase of1.78 trillion yuan. This astonishing performance not only shocked global investors but also revealed thatthe competition for AI computing power is shifting from general computing to dedicated chips. On Wednesday, Eastern Time, American tech giant Oracle signed a massive computing power procurement contract withOpenAI, becoming one … Read more

The Rise of Domestic PLCs Amidst the Wave of Domestic Substitution

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The Rise of Domestic PLCs Amidst the Wave of Domestic Substitution

1. The Spring of Domestic PLCs Has Arrived, But Your Account Is Still in Winter Recently, I came across news about Zhongkong Technology’s PLC supporting the autonomous control of high-end equipment. To be honest, I felt both excited and emotional. I am excited that Chinese manufacturing is making the leap from following to leading, and … Read more

Cold Reflections on the Recovery of the Semiconductor Industry

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Cold Reflections on the Recovery of the Semiconductor Industry

The recovery signals of the semiconductor industry seem to be unmistakably clear: Northern Huachuang has delivered an impressive financial report with a net profit of 1.6 billion, Cambrian has successfully turned a profit, and Yuanjie Technology has recorded an astonishing 147-fold growth. These dazzling figures undoubtedly announce to the market: the spring of the industry … Read more

Cold Reflections and Hot Choices Amidst the Semiconductor Industry Recovery

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Cold Reflections and Hot Choices Amidst the Semiconductor Industry Recovery

The cyclical fluctuations of the semiconductor industry resemble a pendulum that never stops, swinging back and forth between extreme pessimism and excessive optimism. Currently, the pendulum is resolutely swinging from the trough towards the recovery side, with outstanding financial reports from companies like North Huachuang and Cambricon ringing a strong note for the industry. However, … Read more

Computing Power Chips and AI Hardware Industry Chain: Domestic Substitution and NVIDIA Ecosystem in Parallel

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Computing Power Chips and AI Hardware Industry Chain: Domestic Substitution and NVIDIA Ecosystem in Parallel

1. Computing Power Chips and AI Hardware Industry Chain: Domestic Substitution and NVIDIA Ecosystem in Parallel Policy Background: The Ministry of Industry and Information Technology has clearly stated the need to guide the construction of computing power facilities and break through key technologies such as GPU chips. It is expected that by 2025, the scale … Read more

AI Chips: Mid-Year Performance Forecast

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AI Chips: Mid-Year Performance Forecast

Here are the latest developments in the AI chip sector as of August 2025, covering technological breakthroughs, policy support, international competition, and market trends, combined with authoritative industry information and in-depth analysis of data: 1. International Giants Accelerate Their Layout in the Chinese Market NVIDIA is developing two new AI chips for the Chinese market: … Read more

Friday, August 22, 2025: Domestic Chips and Software, As Expected!

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Friday, August 22, 2025: Domestic Chips and Software, As Expected!

Introduction: This article is a personal investment summary, intended for investment communication reference only. It does not constitute any investment advice and should not be used as a basis for trading. Please bear the operational risks yourself and proceed with caution when entering the market (It is recommended to read“Private Equity Champion’s Narrative” to understand … Read more

Investment Notes: Semiconductor Chips May Reach a Peak, Risk of Correction Next Week

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Investment Notes: Semiconductor Chips May Reach a Peak, Risk of Correction Next Week

Author: Yu Hanxin (Te Li Zhang) At this moment, I would like to recite a poem: “New highs upon new highs, how many new highs there are!” But are these new highs truly what everyone desires? Today, the number of gainers and losers shows that over 2000 listed companies chose to correct while the index … Read more

Can Arm Support Masayoshi Son’s AI Ambitions at SoftBank?

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Can Arm Support Masayoshi Son's AI Ambitions at SoftBank?

On August 7, 2025, SoftBank Group released its Q1 FY2025 performance report. This document is not just a routine financial data disclosure but resembles a strategic declaration, clearly revealing that the group is at a critical transformation point. After experiencing the glory of the mobile internet era, SoftBank is resolutely betting its vast capital and … Read more

Domestic Chip Explosion: A Deep Dive into the Semiconductor Industry Chain

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Domestic Chip Explosion: A Deep Dive into the Semiconductor Industry Chain

Today (August 20), the market situation has become interesting. The Securities Journal wrote: “The market completed a pullback during the day and strongly rebounded in the afternoon“, the bull market atmosphere is indeed very strong, haha. In the afternoon, the semiconductor index made a strong move, leading the market to a direct V-shaped recovery, with … Read more