Goldman Sachs raised its Cambrian price target again to 2,104 yuan after a week
2025-09-01 00:38:15
On September 1st, Goldman Sachs said that Cambrian's announced second-quarter results were strong, maintaining a positive view of the company and raising its 12-month target price by 14.7% to 2,104 yuan. This is the second time that Goldman Sachs has raised its Cambrian target price in about a week. Goldman Sachs analyst Verena Jeng and others pointed out in the report that considering the second-quarter results, as well as higher shipments of artificial intelligence chips, lower operating expense ratios, and the expansion of cloud capital expenditure in China, Cambrian's net income forecast for 2025-2030 has been raised, with this year's forecast increase of 34% being the highest. It is expected that Cambrian's continued R & D investment in artificial intelligence chips and software will consolidate its market leadership in the field of local artificial intelligence chips and expand its customers from software companies and enterprises to more Internet companies and leading Cloud as a Service Provider.
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