Cambricon

One-sentence conclusion: Today (6/22), A-share indices hit new highs again (Shanghai Composite Index broke 4000, ChiNext and STAR 50 indices hit all-time highs, Cambricon surged over 13% intraday approaching 1500 yuan), but on the same day, over 2400 stocks across the entire market were falling—this is a structural market where a minority of stocks rise while the majority fall. If you're feeling anxious about missing out and want to chase the hottest tech stocks right now, you're highly likely to end up buying one from the falling batch, which directly affects your wallet. First, let's explain a term: the 'fish tail' phase of a rally (what brokerages call the later stage of an uptrend, meaning the meatiest part of the fish has already been eaten...

🔥 If we condense the tech megatrends of the next 5-10 years into 10 tracks, I believe what's truly worth watching are not those companies chasing hot topics, but the leading enterprises that control key links in the industrial chain, possess technological barriers, and have pricing power. Because every technological revolution ultimately follows the same path: computing power demand explodes → chip demand grows → manufacturing equipment expands production → advanced packaging upgrades → optical communication capacity expands → new materials follow suit. And the following 10 companies almost cover the most critical positions of the entire chain...

On June 17, the authoritative "2026 Domestic Computing Power Chip TOP30" list, jointly selected by authoritative institutions such as the Chinese Academy of Sciences and the Chinese Academy of Social Sciences, was officially released. Huawei, Cambricon, and Hygon Information Technology ranked in the top three. These institutions believe that computing power has become one of the most certain tracks in the technology industry. The demand for computing power from large model iterations continues to rise, and the industry consensus on self-reliance and controllability is constantly strengthening. Under this dual thrust, domestic computing power chips have moved from behind the scenes to the forefront. Currently, the domestic cloud computing power chip echelon is diversifying, and the track is becoming more segmented: general-purpose GPU and AI-specific ASIC routes are developing in parallel...