---
title: "Multiple AI technology stocks report positive performance, fund managers focus on fundamental realization"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228091784.md"
description: "Recently, multiple AI concept stocks released their performance reports for 2024. SMIC reported operating revenue of 57.796 billion yuan, a significant year-on-year increase. XDLK's net profit grew by 33.25% year-on-year, while Yanmade's net profit excluding non-recurring items surged by 62.36% year-on-year. These stocks are core holdings for funds, alleviating market concerns about the valuation of technology stocks. Fund managers indicated that the AI industry is shifting from event-driven to performance-driven, and future stock selection will need to place greater emphasis on performance support and fundamental realization"
datetime: "2025-02-12T22:31:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228091784.md)
  - [en](https://longbridge.com/en/news/228091784.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228091784.md)
---

# Multiple AI technology stocks report positive performance, fund managers focus on fundamental realization

Recently, several AI concept stocks released their performance reports for 2024, with SMIC's operating revenue reaching 57.796 billion yuan, a significant increase year-on-year. XDLK's net profit attributable to the parent company grew by 33.25% year-on-year, while Yanmade's net profit attributable to the parent company, excluding non-recurring items, surged by 62.36% year-on-year. Most of these stocks are core holdings of many funds, which has alleviated market concerns about the valuation and fundamentals of technology stocks to some extent. Several fund managers have recently stated that the AI industry is transitioning from event-driven thematic investments to performance-driven fundamental investments, with a gradual differentiation at the individual stock level. In the future, bottom-up stock selection will need to place greater emphasis on performance support and fundamental realization. (Securities Times)

### Related Stocks

- [688981.CN](https://longbridge.com/en/quote/688981.CN.md)
- [00981.HK](https://longbridge.com/en/quote/00981.HK.md)
- [688582.CN](https://longbridge.com/en/quote/688582.CN.md)
- [688312.CN](https://longbridge.com/en/quote/688312.CN.md)

## Related News & Research

- [Chinese Flash Memory Chip Giant YMTC Starts Mainland IPO Preparations](https://longbridge.com/en/news/287174536.md)
- [Buy this China chip stock, Citi says](https://longbridge.com/en/news/286775385.md)
- [EPC and Mouser  announce global distribution deal](https://longbridge.com/en/news/287160599.md)
- [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md)
- [New Buy Rating for Semiconductor Manufacturing International (0981), the Technology Giant](https://longbridge.com/en/news/286533307.md)