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研报掘金丨光大证券:寒武纪-U业务空间广阔,维持“增持”评级

Research reports show that the space for Cambrian-U business is vast. Everbright Securities maintains a "shareholding" rating.

Gelonghui Finance ·  Jun 21 15:33
On June 21st, Guolianhui reported that Schrodinger-U (688256.SH) is a leading domestic AI chip company. Against the backdrop of the rise of AIGC and large models, the company's business space is vast. Schrodinger has comprehensively mastered the core technology of research and development and productization of general-purpose intelligent chips and their basic system software. By 2023, relying on the core advantages of its artificial intelligence chip products, Schrodinger will expand its computing infrastructure projects and deepen cooperation with industry customers. In addition, the company has released a stock-based incentive plan with assessment targets of no less than 1.1 billion yuan in revenue for 2024, cumulative revenue of no less than 2.6 billion yuan from 2024 to 2025, and cumulative revenue of no less than 4.6 billion yuan from 2024 to 2026. Considering the difficulty of designing AI chips and their future development space, the company maintains a "shareholding" rating as a leader and highly scarce and first-mover advantage in the domestic AI chip industry.

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