The rapid expansion of AI chip market capacity Cambrian emerges

Since 2016, the total scale of the integrated circuit design industry has surpassed the packaging and testing industry, becoming the largest sub-industry in my country's integrated circuit industry. Specific to AI chips, various application scenarios of artificial intelligence, from the cloud overflow to the edge, or sink to the terminal, are inseparable from the efficient support of smart chips for "training" and "reasoning" tasks. Whether it is smart phones, big data centers or smart driving, AI chips will be inseparable in the future.

In the era of artificial intelligence, new giants are growing. Cambrian is a chip design company. Since its establishment, its business model has been Fabless, focusing on the design and sales of smart chips, while entrusting the rest of the links such as wafer manufacturing, packaging and testing to wafer manufacturing companies, packaging and testing companies, and others The processing manufacturer's foundry is completed.

After four years of research and development, the Cambrian, established in 2016, has now launched three series of general-purpose smart chips and processor products of different categories for the cloud, edge, and terminals, and share the same self-developed instruction set, The processor architecture and basic system software platform have completed the construction of "cloud-side-end integration".

The Cambrian is positioned as a neutral and independent chip company, and it follows an ecological development route. Now the three product lines of the Cambrian "cloud side" have been completed, and they will continue to iterate and upgrade. In the future, like companies such as NVIDIA , The Cambrian will build a unique ecology and extend it to multiple subdivisions such as transportation, education, and medical care.

In addition, Cambrian’s R&D management team has always remained stable, and all have rich experience in technology R&D and project implementation of integrated circuit products. As of December 31, 2019, the company has 680 R&D personnel, accounting for 79.25% of the total number of employees.

Cambrian has also developed a systematic intellectual property layout in smart chips and related fields to escort the company's core technology research and development. As of February 29, 2020, the company has authorized 65 domestic and foreign patents (including 50 domestic patents and 15 overseas patents), 120 PCT patent applications, and a total of 1,474 domestic and foreign patents under application.

With the development of artificial intelligence applications and the increasing demand for artificial intelligence computing capabilities, the market capacity of AI chips is rapidly expanding. While the market is expanding, multiple competitors are also accelerating the influx: not only traditional giants in the chip industry such as Intel and Nvidia, but also cross-border players such as Huawei, Ali, and SoftBank. It is foreseeable that the competitive landscape of smart chips is gradually taking shape, and the Cambrian, a young company, has already emerged.

On August 27, the domestic AI chip unicorn Cambrian (688256), which was just listed on the Science and Technology Innovation Board, released its first semi-annual report after its listing. The report shows that during the reporting period, the company achieved operating income of RMB 87,203,400, a decrease of 11.01% over the same period in 2019. R&D investment was 277,392,200 yuan (USD $39627457) , a year-on-year increase of 109.06%, accounting for 318.10% of operating income.

The edge product Siyuan 220, which was just launched in November 2019, has been applied on a large scale in the first half of 2020, achieving a zero breakthrough in revenue, contributing 9,975,100 yuan (USD $1425014) in revenue, and the basic system software part has also completed 0 to 10 million Revenue growth. Cambrian presented a more diversified income structure in this semi-annual report, which also allowed Cambrian to further get rid of the risk of single customer dependence and loss of major customers.

According to the report data, it can be seen that the Cambrian’s strategy of “integration of the cloud and the edge and the collaboration of software and hardware” has achieved initial results. Wu Ji's total revenue. The progress of new business from productization to commercialization not only allows Cambrian to reduce the risk of single product business and major customer dependence, but also the diversified revenue structure of cloud edge and software allows Cambrian to have more Customer base and business flexibility, and enhance its own advantages in future market competition.