Jinshan Yungang stocks have surged nearly 40%. Since November, they have risen more than 320%, and US stocks are now up nearly 19% in night trading.
According to the news, on December 26, according to reports such as Interface News, the Xiaomi Group is actively building its own GPU 10,000 card cluster to increase investment in AI models. The report pointed out that the Xiaomi Big Model Team already had 6,500 GPU resources at the beginning of its establishment. This move shows Xiaomi's determination and investment in the field of AI hardware.
Notably, on November 19, Jinshan Cloud announced that Jinshan Software signed a new framework agreement with Xiaomi. GF Securities said it is optimistic about future computing power requirements as Xiaomi deeply integrates AI into the ecological chain. According to Everbright Securities, Jinshan Cloud is the only strategic cloud platform within the Xiaomi & Jinshan ecosystem. Revenue flexibility from the ecosystem can be expected, and profitability is expected to continue to improve. It is expected that the company's adjusted operating profit margin will be corrected in 2025.
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