Sechip's revenue hit a new high in August but hit the bottom during the session

Worldchip's revenue hit a new high in August, but hit the limit today. (Taken from the official website)

[Reporter Zhuo Yijun/Reported in Taipei] ASIC (customized chip) factory Shichi-KY (3661), driven by the large shipments of the new 3-nanometer AI accelerator from major customer AWS, its revenue hit a new high for two consecutive months. In August Combined revenue was 8.776 billion yuan, a monthly increase of 18.07%, and an annual increase of 273.6%. However, the stock price hit the limit today, with the limit price of 3,650 yuan, setting a new low in the band since August 19, breaking the quarter line. The Taiwan stock market has been in turmoil recently. The day after many stocks announced record revenue, all profits were exhausted, sell orders emerged in large numbers, and stock prices plummeted against the trend. SMIC's stock price performance was particularly weak because Qualcomm entered the AWS supply chain and feared that it would eat into future orders.

As of around 10:55, Shixin's stock price plunged 9.86%, temporarily trading at 3,655 yuan, with a trading volume of more than 3,752 contracts, exceeding yesterday's full-day trading volume of 2,298 contracts.

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According to the analysis of American foreign investors, Qualcomm recently announced its cooperation with AWS on AI ASIC, but its focus is on inference, which is different from the Trainium4 chip of Shichi that covers training and inference, so its impact on Shichi is limited.

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