According to reports from various Hong Kong media and Chinese media, the stock price of Chinese artificial intelligence (AI) chip designer Cambrian once surpassed the precious marshmallow platform at noon on the 27th, becoming the new "share king" of China's A-shares, with a maximum of 1,464.98 yuan (RMB, the same below). Cambrian shares fell in the near-end market, with Nursing Marine Moutai re-listing as the top ranks in the stock market; Cambrian finally closed at 1,372.1 yuan, up 3.24%, while Nursing Marine Moutai closed at 1,448 yuan, down 2.27%.

As of June 30 this year, Cambrian's largest shareholder, Chen Tianshi, the company's founder, chairman and president, directly holds 28.63% of Cambrian's shares; if calculated based on the current share price, Chen Tianshi's net worth has exceeded 170 billion yuan.

Cambrian announced its first half of 2025 financial report on the 26th, handing over its best results in history, with a total investment of 2.88 billion yuan in the first half of the year, an increase of 4347.82% year-on-year; it was ranked as a shareholder of listed companies with a net profit of 1.038 billion yuan, compared with the same period last year (530 million yuan) and a profit, mainly because the company continues to expand its market, which greatly helps the implementation of artificial intelligence (AI) applications.

(Source: Cambrian)

In addition, the industry is also ushering in a heavy-level profit-oriented policy. The Chinese Academy of Health issued the "Opinions on Deeply Implementing the "Artificial Intelligence +" Action" on the 26th, aiming to take the lead in achieving a broad and deep integration of artificial intelligence with six major areas by 2027, and the application penetration rate of the new generation of smart ends, smart bodies, etc. is more than 70%.

As Cambrian stock prices once "surpassed Maotai" and once again became a hot topic among investors, whether Cambrian can continue to rise must also pay attention to its long-term career performance and industry development opportunities. Goldman Sachs recently issued a report to update its investment rating and target price for Cambrian, increasing its 12-month target price from 1,223 yuan to 1,835 yuan, and the target price can reach 3,934 yuan in the bull market. Goldman Sachs said that the target price increase this time is mainly based on three driving factors, including the growth of China Cloud Service Capital Expenditure, the diversification of chip platforms and the expansion of R&D investment.

It is worth noting that if the bull market target price of 3,934 yuan is reached, Cambrian will break the highest record of stock prices in A-share history. Currently, the highest record of A-share stock prices is created by Flying Le Co., Ltd. (now Zhonganke). On May 25, 1992, the share plate of Flying Le shares rose to 3,550 yuan, but this high price was related to the scarcity of the circulating plate at that time and has not been refreshed yet.