Creativity, Faraday will continue to benefit from mining ASIC orders in the second quarter

According to micro-network news, market research firm Gartner predicts that AI's exposure to the industrial market will grow rapidly from 30 billion U.S. dollars in 2016. By 2020, the overall market will reach 300 billion U.S. dollars, which will lead the global technology sector in the future.

Creativity this year successively obtained the NRE case and ASIC mass production orders for Bitcoin Mining ASIC, and together with TSMC's 7-nanometer ASIC market, revenue rose by 15.8% month-on-month in February, 4.1% over the same period last year. Good business outlook.

In the first quarter of this year, because of off-season factors, Faraday’s operating performance was relatively flat, but the industry believes that after entering the second quarter, the company’s NRE orders for ASICs (customized chips) such as AI, 5G base stations, and cryptocurrency mining have been successful. Operation will have the opportunity to gradually warm up.

2016 GoodChinaBrand | ICP: 12011751 | China Exports