Cambrian reaches a new high, denies supplying large quantities to Internet manufacturers

On June 18, today's intraday trading, Cambrian stock prices rose more than 16%, reaching a record high. The intraday market value reached 965.6 billion yuan, looking for a market value of one trillion yuan. On the news front, there has been recent news about domestic Internet companies purchasing domestic computing power. Industry sources said that ByteDance is discussing with Tiandian Zhixin (09903.HK) to purchase at least 50,000 AI chips, mainly for reasoning work. Huawei and Cambrian are also suppliers of ByteDance. In addition, content about internal exchanges in the Cambrian period has been circulated on the Internet recently. The exchange minutes stated that the two main models supplied to ByteDance during the Cambrian period were 580 and 690. In the second quarter of this year, the delivery of 120,000 to 160,000 models of the 580 models will be completed, and the 690 model is expected to be delivered in the second half of the year. Regarding the content of the above-mentioned exchange minutes, the Cambrian Securities Affairs Representative said that this is a "small composition" circulated on the Internet. Investors are advised to pay attention to screening it, and the official information should prevail. There have been no internal exchange activities in the Cambrian period recently. (Yicai)