TechFlow reports that on June 30, Cambricon issued an abnormal trading announcement stating that the cumulative increase in its stock price has been significant, exceeding the gains of relevant indices such as the STAR Composite Index and the Shanghai Composite Index, and there may be a risk of decline due to the rapid short-term increase.
The company operates using the Fabless model, with suppliers including IP licensors, server manufacturers, wafer foundries, and packaging and testing factories. Given that the entire integrated circuit industry chain involves specialized division of labor and has high technical barriers, coupled with the inclusion of the company and some of its subsidiaries in the "Entity List," this poses certain risks to the stability of the company's supply chain. In recent years, domestic demand for raw materials in the semiconductor industry has continued to grow, upstream supply is tight, and procurement prices generally show an upward trend. If upstream raw material prices continue to rise in the future, it may have an adverse effect on the company's operating performance.
