Understanding the Market | BLACK SESAME rises over 20% again, reports say the company's chips have been adopted by BYD and are in mass production and shipment
BLACK SESAME Intelligent surged over 26% in early trading, with the increase narrowing to 2% in the afternoon, and then spiking again by over 20% at the close. As of the time of writing, it rose by 20.92%, priced at HKD 34.1, with a trading volume of HKD 230 million. According to market news reported by the Science and Technology Innovation Board Daily, it was reported today that BYD has adopted BLACK SESAME's automotive-grade autonomous driving computing chips, with the model being from BYD's Tengshi brand. In response, BLACK SESAME stated to reporters, "Our chips have been adopted by BYD and have achieved mass production and delivery, but specific details cannot be disclosed." It is reported that BLACK SESAME and Micron Technology recently announced a collaboration to launch a new ADAS (Advanced Driver Assistance System) solution. This solution utilizes BLACK SESAME's Huashan A2000 family chips and Micron's LPDDR5 memory, which will greatly enhance the ADAS system's ability to handle complex driving scenarios, further meeting the demands of intelligent driving scenarios and algorithms
According to the Zhitong Finance APP, BLACK SESAME (02533) rose more than 26% in early trading, with the increase narrowing to 2% in the afternoon, and then surging again by over 20% at the close. As of the time of publication, it was up 20.92%, priced at HKD 34.1, with a transaction volume of HKD 230 million.
In terms of news, according to the Science and Technology Innovation Board Daily, there are market reports today stating that BYD has adopted BLACK SESAME's automotive-grade autonomous driving computing chips, with the model being from BYD's Tengshi brand. In response, BLACK SESAME stated to reporters, "BLACK SESAME's chips have been adopted by BYD and have achieved mass production and shipment; specific details cannot be disclosed."
It is reported that BLACK SESAME and Micron Technology recently announced a collaboration to launch a new ADAS (Advanced Driver Assistance System) solution. This solution utilizes BLACK SESAME's Huashan A2000 family of chips and Micron Technology's LPDDR5 memory, which will greatly enhance the ADAS system's ability to handle complex driving scenarios, further meeting the demands of intelligent driving scenarios and algorithms
