Guotai Haitong Keeps Their Buy Rating on Axera Semiconductor Co., Ltd. Class H (0600)

TipRanksJun 12 18:48 · Ratings

Axera Tech (0600.HK) Initiation: AI Edge Platform Company; Intelligent Vehicles Unlock Incremental Growth Potential

Report Summary: AX Vision is a domestically scarce AI inference SoC platform company, with its intelligent automotive SoC business accelerating and entering a high-growth trajectory. Investment Highlights: Investment Recommendation: Initiate coverage with a “Buy” rating. AX Vision

Guotai Haitong SecuritiesJun 11 12:57

Express News | Ministry of Industry and Information Technology: By 2028, coverage of the 1-millisecond latency zone for metropolitan computing power will be no less than 75%.

BreakingsJun 10 14:48

Bloomberg: China is preparing to invest $295 billion in nationwide artificial intelligence infrastructure.

On June 9, Eastern Time, Bloomberg reported that China plans to invest approximately RMB 2 trillion (equivalent to USD 295 billion) over the next five years to build data centers nationwide, supporting the development of its domestic artificial intelligence industry and aiming to overtake the United States in this transformative technological field.

Futu NewsJun 10 09:48

Chip stocks rose collectively, with institutions expecting further upside potential in mainland China's CSP capital expenditures, while sectors such as storage remain highly robust.

Chip stocks rose collectively. As of the time of writing, Tianshu Zhixin (09903) gained 9.09% to HK$504; SMIC (00981) rose 4.07% to HK$75.5; ASMPT (00522) increased 6.53% to HK$181; and Montage Technology (06809) climbed 4.03% to HK$361.6.

Zhitong FinanceJun 9 11:47

Express News | National-Level First Systematic Deployment on Empowering AI Development through Data

BreakingsJun 8 17:54