开盘暴涨471%！长鑫科技登顶A股“市值一哥”，外媒惊呼：中
字幕摘录
| 时间 | 英文 | 中文 |
|---|---|---|
| 0:00 | Changxin Memory Technology or CXMT, one of the crown jewels of China's high-tech industry, | 长辛记忆科技或CXMT,是中国高科技产业的冠状宝石之一,, |
| 0:07 | debuts in Shanghai's Nasdaq-style star market in what is the second biggest IPO ever in | 在上海的纳斯达克风格的明星市场首发 有史以来第二大IPO |
| 0:13 | China. | 中国. |
| 0:14 | Ten years ago, the Hefei government made a big bet on the firm when private investors | 十年前,合肥政府 大赌上公司 当私人投资者 |
| 0:18 | shunned it. | 远离它。 |
| 0:19 | Taking on giants like South Korea's Samsung and SK Hynix seemed like a risky bet then. | 像韩国的三星和SK Hynix 这样的巨型人, |
| 0:25 | Founder Zhu Yiming set his sights on standard memory chips called DRAM. | 创始人朱一明将他的目光设定在标准记忆芯片上,称为DRAM. |
| 0:29 | The silicon essential for computers to process data. | 计算机处理数据所必需的硅. |
| 0:33 | After years of losses, the company finally logged historic returns, pointing to a net | 经过多年的损失,公司终于记录了历史回报,指向净值 |
| 0:38 | income increase of more than 2,200% in the first half of this year. | 今年上半年收入增长22.2%以上. |
展开字幕全文（38 条）
| 序号 | 英文 | 中文 |
|---|---|---|
| 1 | Changxin Memory Technology or CXMT, one of the crown jewels of China's high-tech industry, | 长辛记忆科技或CXMT,是中国高科技产业的冠状宝石之一,, |
| 2 | debuts in Shanghai's Nasdaq-style star market in what is the second biggest IPO ever in | 在上海的纳斯达克风格的明星市场首发 有史以来第二大IPO |
| 3 | China. | 中国. |
| 4 | Ten years ago, the Hefei government made a big bet on the firm when private investors | 十年前,合肥政府 大赌上公司 当私人投资者 |
| 5 | shunned it. | 远离它。 |
| 6 | Taking on giants like South Korea's Samsung and SK Hynix seemed like a risky bet then. | 像韩国的三星和SK Hynix 这样的巨型人, |
| 7 | Founder Zhu Yiming set his sights on standard memory chips called DRAM. | 创始人朱一明将他的目光设定在标准记忆芯片上,称为DRAM. |
| 8 | The silicon essential for computers to process data. | 计算机处理数据所必需的硅. |
| 9 | After years of losses, the company finally logged historic returns, pointing to a net | 经过多年的损失,公司终于记录了历史回报,指向净值 |
| 10 | income increase of more than 2,200% in the first half of this year. | 今年上半年收入增长22.2%以上. |
| 11 | Driving that windfall is the glut in data center demand that's pushed up chip prices several | 驱动暴利的是 数据中心需求的过剩 推高了芯片价格 |
| 12 | times over. | 时间结束。 |
| 13 | Competitors slashed DRAM production and shifted to build more lucrative, high-bandwidth memory | 竞争者砍断了DRAM的生产,并转向建立更有利可图的高带宽记忆 |
| 14 | 或HBM芯片。 | |
| 15 | CXMT swooped right into that supply gap, even prompting bellwethers like Apple to consider | CXMT冲进供应缺口 甚至会促使苹果公司考虑 |
| 16 | buying its chips. | 买它的芯片。 |
| 17 | Initially, the Chinese were the kind of low-end, cheaper product producer, but over the last | 一开始,中国是那种低端,便宜的产品生产者, 但在过去 |
| 18 | 20 years, they've shown in so many industries that they can really move up and become competitive | 20年来,他们在很多行业中表现出来 他们真的可以升迁,变得有竞争力 |
| 19 | forces. | 部队。 |
| 20 | CXMT is at the cornerstone of presidency's self-sufficiency push, and nowhere is this | CXMT是主席推动自给自足的基石,而这一点也无从谈起。 |
| 21 | than here at the World AI Conference in Shanghai, where China's latest tech is on full display. | 比这里在上海举行的世界AI大会上,中国最新科技全面亮相. |
| 22 | Some are calling this a watershed moment, the emergence of a homegrown chip champion | 有人称这是一个分水岭的时刻, 一个土生土长的芯片冠军的出现 |
| 23 | relying on local suppliers, local data service to test and refine its products. | 依靠当地供应商,当地数据服务测试和完善其产品. |
| 24 | If you look at the entire Chinese AI infrastructure build-out and model build-out, there are so | 如果你看看整个中国AI基础设施的建设和模型的建设, |
| 25 | many players in this area. | 许多球员在这个领域。 |
| 26 | You're talking about Huawei, Alibaba, Tencent, Bidens, but in memory chip making, especially | 你指的是华伟,阿里巴巴,滕森特,拜登斯 但是在记忆芯片制造方面 |
| 27 | at BMS that is powering basically entire AI compute build-out, CXMT is the only viable | CXMT是唯一可行的 |
| 28 | player in this industry for China. | 中国的这个行业的玩家。 |
| 29 | So that's why the company is so critical for the entire project to win. | 因此,公司对于整个工程的胜利如此关键. |
| 30 | But the elevated profile has drawn scrutiny. | 但高调的人物形象 引起了人们的注意 |
| 31 | The Pentagon blacklisted CXMT last year, citing its alleged ties to the Chinese military. | 五角大楼去年把CXMT列入黑名单 引用了它与中国军方的关系 |
| 32 | But CXMT has managed to dodge the stricter U.S. Commerce Department entity list, preserving | 但CXMT设法躲过了更严格的美国商务部实体清单, |
| 33 | its access to U.S. technology. | 获取美国技术。 |
| 34 | For now, though, memory chip shortages are expected to last at least through 2027. | 不过,目前记忆芯片短缺预计至少持续到2027年. |
| 35 | And CXMT is positioned to ride that boom. | 并且CXMT已经定位为 驾驭了那个繁荣。 |
| 36 | Its mammoth listing would immediately catapult it to one of the largest firms in China. | 它的巨型上市会立即将其推向中国最大的公司之一。 |
| 37 | That would build momentum for other companies in the deals pipeline, from rival Yangzi Memory | 这会为其他在交易中的公司创造势头 从竞争对手杨子记忆 |
| 38 | (原始内容存档于2017-05-21). Technology to Baidu's chip unlunxing and AI 海报儿童深海. |
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