Lates News

According to the latest news from Every AI, Donghai Securities released a research report on March 25th, giving Espressif Technology (688018.SH) a "Buy" rating. The main reasons for the rating include: 1) The company's high-speed performance growth comes from the rapid growth in sales volume, with a slight upward trend in product average prices. In the future, the company will continue to focus on the AIOT track for product iteration and development; 2) The gross profit margin of the company's module products has been greatly improved, and the integrated platform solution of software and hardware enhances the company's competitiveness, maintaining a high overall gross profit margin of 48%; 3) The impact of cost transmission such as storage price increases on the company's gross profit margin is limited; 4) The company's Wi-Fi products already cover Wi-Fi 4, Wi-Fi 6, and Wi-Fi 6E technologies, and the development of Wi-Fi 7 chips has been initiated. (Daily Economic News)