Macquarie published a research report, maintaining Tianshu Zhixin's “outperforming the market” rating and target price of HK$1,060. The reason is that the company has already entered Chinese cloud service provider customers, and the contribution of next-generation general-purpose graphics processor chips is gradually increasing. The bank believes that after the launch of the Tianyi-300 new training GPGPU chip in July, mass production can begin as early as the fourth quarter of this year. With strong computing power, die-to-die interconnection, and higher average product sales prices, it is expected to contribute significantly next year; management is also aiming to launch a next-generation supernode solution in the fourth quarter, and the profit margin should be good. The bank is confident about the company's mid-term prospects for CSP and big language model customers.

Macquarie published a research report, maintaining Tianshu Zhixin's “outperforming the market” rating and target price of HK$1,060. The reason is that the company has already entered Chinese cloud service provider customers, and the contribution of next-generation general-purpose graphics processor chips is gradually increasing. The bank believes that after the launch of the Tianyi-300 new training GPGPU chip in July, mass production can begin as early as the fourth quarter of this year. With strong computing power, die-to-die interconnection, and higher average product sales prices, it is expected to contribute significantly next year; management is also aiming to launch a next-generation supernode solution in the fourth quarter, and the profit margin should be good. The bank is confident about the company's mid-term prospects for CSP and big language model customers.