Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…

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Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Changing times: Cambricon tops Moutai as China’s costliest stock as chips trump baijiu

Cambricon Technologies became the costliest stock in mainland China’s equities market, as the Beijing-based chipmaker replaced the liquor distiller Kweichow Moutai in a sign of the rising significance of artificial intelligence (AI) in the world’s second-largest capital market. Trading under the symbol 688256 in Shanghai, Cambricon’s shares jumped 11.60 per cent on Monday to a…

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Tech war: which Chinese firm is supplying next-generation AI chips to DeepSeek?

Tech war: which Chinese firm is supplying next-generation AI chips to DeepSeek?

The Hangzhou-based start-up’s cryptic one-line post on WeChat triggered online discussions about which AI chip supplier, or suppliers, would unveil this breakthrough, even as US tech restrictions remain in place. DeepSeek’s post on Thursday said the “UE8M0 FP8 scale” of its V3.1 AI model was particularly designed “for home-grown chips to be released soon”. Apart…

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China Hyperscalers Commercialize AI Amid Export Restrictions but Modern GPUs Remain Limited

China Hyperscalers Commercialize AI Amid Export Restrictions but Modern GPUs Remain Limited

LONDON, July 23, 2025–(BUSINESS WIRE)–What are the biggest cloud providers in Asia doing to meet the rising demand for AI inference? Omdia’s latest research offers an in-depth look at the evolving challenges of AI inference operations, the key trade-offs between throughput, latency, and support for diverse AI models, and the possible solutions. The report provides…

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Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…

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Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Alibaba’s Qwen3 AI model family helps narrow tech gap between China and US: analysts

Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…

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