Cambrian races towards trillion-dollar market value, denies supplying to Byte.

On June 18, during trading hours, the stock price of Cambrian rose more than 16%, reaching a historic high with a market value of 96.56 billion yuan, aiming for a trillion market value. In terms of news, there have been reports recently about domestic internet companies purchasing domestic computing power. Industry insiders mentioned that ByteDance is currently in discussions with Horizon Robotics to purchase at least 50,000 AI chips, mainly for inference work, with Huawei and Cambrian also being suppliers to ByteDance. Regarding the above content of the communication summary, a reporter called Cambrian's securities affairs representative phone number in the capacity of an investor. The relevant person in charge stated that this was a "short essay" circulating online, and investors should be cautious and rely on official information. Cambrian has not held any internal communication activities recently.