9月30日早盘，AI相关概念股集体拉升。AI语料方向，当虹科技20CM涨停，开普云、拓尔思（300229）、值得买（300785）等 涨超5%；半导体硬件方向，德明利（001309）涨停，江波龙（301308）、联芸科技等涨超5%，寒武纪、东芯股份等跟涨。 随后，多家国产芯片厂商宣布完成对DeepSeek-V3.2-Exp的适配。寒武纪发文称：已同步实现对深度求索公司最新模型DeepSeek- V3.2-Exp的适配，并开源大模型推理引擎vLLM-MLU源代码。 华为则表示，昇腾已快速基于vLLM/SGLang等推理框架完成适配部署，实现DeepSeek-V3.2-Exp0day支持，并面向开发者开源所 有推理代码和算子实现。海光信息同日宣布基于GPGPU架构强大的生态优势，与编程开发软件栈DTK的特性，DeepSeek-V3.2- Exp在海光DCU上展现出优异的性能。 华鑫证券研报表示，国产AI芯片大时代已经来临，国产AI产业链从上游先进制程到先进封装，到下游字节阿里腾讯的模型加速 迭代升级已经实现全产业链打通，坚定看好国产AI算力设施的加速突破。 中银证券（601696）分析，AI应用商业化拐点临近，应 ...

21世纪经济报道新质生产力研究院综合报道 早上好，新的一天又开始了。在过去的24小时内，科技行业发生了哪些有意思的事情？来跟21tech一起 看看吧。 【巨头风向标】 DeepSeek-V3.2-Exp发布，API 价格大幅下调 DeepSeek宣布官方App、网页端、小程序均已同步更新为DeepSeek-V3.2-Exp，得益于新模型服务成本 的大幅降低，官方API价格也相应下调，新价格即刻生效。在新的价格政策下，开发者调用DeepSeek API的成本将降低50%以上。目前，华为云和寒武纪均表示，已完成对该模型的适配工作。有消息称， 智谱新模型GLM-4.6也将于近日发布，目前已可通过API接口调用。 苹果CEO库克确认持有比特币和以太坊等加密货币 苹果公司CEO库克近日透露，自己是一个加密数字货币投资者，并明确持有比特币和以太币。然而，库 克已给"美国第三大公司（苹果）接受用加密货币购买iPhone和Mac、或者将公司资产投入比特币"这样 的想法泼冷水。库克表示，自己对加密货币经过一番研究，得出的结论是，（个人）为了投资组合多样 化而持有加密货币是合理的，"我已经研究了好一阵子了，我认为这是有意思的"。 ...

DeepSeek v3.2有一个新改动，在论文里完全没提，只在官方公告中出现一次，却引起墙裂关注。 开源TileLang版本算子，其受关注程度甚至超过新稀疏注意力机制DSA，从画线转发的数量就可以看出来。 海外社区也注意到DeepSeek使用了它而不是OpenAI开发的Triton语言。 有接触过的开发者感叹TileLang是一种非常优雅的语言，只需不到100行代码就能写出比Flash Attention 2原版快30%的注意力实现。 那么什么是TileLang，又为何引人瞩目？ 首先，TileLang是一种专门用来开发GPU内核的领域专用语言，性能上可以对标英伟达CUDA，DeepSeek官方推荐使用此版本做实验，在方便调试和快速 迭代上有优势。 更重要的是，TileLang与国产算力生态适配，连华为昇腾都要在第一时间公告对TileLang的支持。 在几周前的华为全联接大会2025的开发者日上，TileLang团队成员董宇骐就介绍了TileLang实现FlashAttention算子开发，代码量从500+行减少至80行，并 保持了与官方版本持平的性能。 此外TileLang团队成员王磊和沐曦集成电路的高级总 ...

Group 1: Technology Developments - DeepSeek has released version V3.2-Exp, significantly reducing API prices by over 50% due to lower service costs, with Huawei Cloud and Cambricon already adapting to the new model [2] - Alibaba's Tongyi has seven models ranking in the top ten of the global open-source model list, with the newly released Qwen3-Omni model achieving the top position, showcasing capabilities across text, image, voice, and video [5] - Huawei's Ascend has announced support for DeepSeek-V3.2-Exp, quickly adapting and deploying the model for developers [13] Group 2: Corporate Announcements - Apple CEO Tim Cook confirmed personal investments in Bitcoin and Ethereum but stated that Apple will not accept cryptocurrency for product purchases or invest its cash reserves in crypto assets [3] - Seres has completed the payment for acquiring a 10% stake in Shenzhen Yiwang Intelligent Technology from Huawei, totaling RMB 11.5 billion [4] - Xiaomi's PR manager announced that there are no plans to reduce orders for the Xiaomi 17 series, with an increase in overall product orders due to new versions [9] Group 3: Financial Performance - Seres announced a cash dividend of RMB 3.10 per 10 shares, totaling RMB 506 million, representing 17.22% of its net profit for the first half of 2025, which saw an 81.03% year-on-year increase [14] - Yinglian Co. expects a significant increase in net profit for the first three quarters of 2025, projecting a rise of 1531.13% to 1672.97% year-on-year, driven by the metal packaging sector [15] Group 4: Strategic Initiatives - CATL plans to build 100 battery swap stations in Hainan by 2030, enhancing the green transportation system in the Hainan Free Trade Port [10] - The State Administration of Taxation reiterated that platform enterprises cannot transfer tax obligations, with a focus on protecting the rights of low-income workers [7] - The market regulatory authority has released China's first national standard for cross-border personal information security management, effective March 1, 2026 [11]

Group 1 - The Shanghai Stock Exchange Sci-Tech Innovation Board Chip Index (000685) has seen a strong increase of 2.14%, with constituent stocks such as Baiwei Storage (688525) rising by 7.66%, Yandong Micro (688172) by 7.10%, and Lexin Technology (688018) by 5.24% [1] - The Sci-Tech Chip ETF Index (588920) also rose by 2.30%, with the latest price reported at 1.65 yuan [1] - Tianfeng Securities highlights that an AI storage revolution is underway, driven by "computing through storage," which significantly reduces computing power consumption and accelerates AI inference, leading to a higher growth rate in SSD demand compared to traditional curves [1] Group 2 - The Sci-Tech Chip ETF Index closely tracks the Shanghai Sci-Tech Innovation Board Chip Index, which selects securities related to semiconductor materials and equipment, chip design, manufacturing, packaging, and testing from listed companies on the Sci-Tech Board [2] - As of August 29, 2025, the top ten weighted stocks in the Sci-Tech Chip Index include Cambricon (688256), Haiguang Information (688041), SMIC (688981), and others, with these ten stocks accounting for a total of 62.02% of the index [2]

Group 1 - DeepSeek announced the upload of its new model DeepSeek-V3.2 to the HuggingFace community platform on September 29 [2] - Zhiyu's new model GLM-4.6 is expected to be released soon, with some users already able to access it via API [2] - Both DeepSeek and Zhiyu, leading companies in the large model sector in China, are poised for significant advancements [2] Group 2 - The DeepSeek-V3.1 model, released in August, features a hybrid inference architecture that supports both thinking and non-thinking modes [2] - DeepSeek-V3.1-Think offers improved thinking efficiency, providing answers in a shorter time compared to DeepSeek-R1-0528 [2] - The new model has enhanced agent capabilities through post-training optimization, showing significant improvements in tool usage and agent tasks [2] Group 3 - Zhiyu's flagship model GLM-4.5, launched in July, integrates reasoning, coding, and agent capabilities within a single model to meet complex application needs [2] - In August, Zhiyu introduced the GLM-4.5V, a top-performing open-source visual reasoning model with 100 billion parameters (total parameters 106 billion, active parameters 12 billion) [2]

华泰证券曾表示，模型降价将吸引更多的开发者开发AI应用，或进一步提振算力需求，提升Super App 出现概率。中银国际认为，AI应用商业化拐点临近。在算力层，推理效率与性价比大幅提升，国产芯 片加速替代；在模型层，通用大模型的能力已逐步达到商用标准；在数据层，行业专属数据的积累与合 成数据技术成熟之下，企业加速实现数据闭环训练与模型微调。三者共同推动AI能力从"单点突破"走 向"体系协同"，为AI应用大规模商业化落地创造条件。 AI概念股早盘多数走高，截至发稿，汇量科技(01860)涨4.47%，报19.88港元；迈富时(02556)涨4.33%， 报51.35港元；创新奇智(02121)涨3.65%，报7.95港元；第四范式(06682)涨3.15%，报65.5港元；美图公 司(01357)涨3.26%，报9.16港元。 消息面上，DeepSeek昨日宣布，官方App、网页端、小程序均已同步更新为DeepSeek-V3.2-Exp。 DeepSeek介绍，得益于新模型服务成本的大幅降低，官方API价格也相应下调，新价格即刻生效。在新 的价格政策下，开发者调用DeepSeek API的成本将降低50%以上。 ...

Group 1 - AI concept stocks saw a majority increase in early trading, with notable gains from companies such as 汇量科技 (4.47% increase), 迈富时 (4.33% increase), and 创新奇智 (3.65% increase) [1] - DeepSeek announced a significant update to its services, reducing the cost of its API by over 50% due to a new model that lowers service costs [1] - The National Development and Reform Commission (NDRC) plans to support various enterprises, including private companies, to deeply engage in AI initiatives [1] Group 2 - Huatai Securities indicated that the reduction in model prices will attract more developers to create AI applications, potentially boosting demand for computing power and increasing the likelihood of Super Apps [2] - Zhongyin International believes that the commercialization inflection point for AI applications is approaching, driven by improvements in reasoning efficiency and cost-effectiveness of domestic chips [2] - The combination of advancements in model capabilities, data accumulation, and synthetic data technology is facilitating a shift from "single-point breakthroughs" to "systematic collaboration" in AI capabilities, paving the way for large-scale commercialization [2]

Core Insights - DeepSeek has announced the open-source release of the DeepSeek-V3.2-Exp experimental model, which introduces the DeepSeek Sparse Attention mechanism, significantly improving long text training and inference efficiency without compromising output quality [1][9] - The new model reduces service costs by over 50%, with the price for outputting 1 million tokens dropping to 3 yuan, which is one-fourth of the previous model's cost [3][5] - Major cloud platforms and AI chip manufacturers have quickly adapted to the new model, indicating strong industry support and interest [5][10] Model Performance - DeepSeek-V3.2-Exp shows comparable performance to its predecessor, DeepSeek-V3.1-Terminus, across various benchmarks, although it uses significantly fewer tokens for task completion [5][6] - In specific benchmarks, DeepSeek-V3.2-Exp maintained scores such as 85.0 in MMLU-Pro and improved in BrowseComp with an accuracy of 40.1, while some scores like Humanity's Last Exam saw a slight decline [6][39] - The model's architecture allows for a reduction in complexity from quadratic to near-linear, enhancing training and inference costs [36][42] Technical Innovations - The model employs a "continue pre-training + post-training" approach, integrating a Lightning Indexer and a fine-grained token selection mechanism to optimize performance [36][38] - The DSA mechanism is still in its prototype phase, indicating potential for further development and refinement [36][44] - DeepSeek has also released related technical reports and code to facilitate research and experimentation [7][9] Industry Impact - The rapid adaptation of DeepSeek-V3.2-Exp by companies like Huawei and Cambrian demonstrates the model's significance in the AI landscape [10][15][17] - The model's launch has sparked discussions in developer communities, highlighting its potential to mark a significant moment in AI development [21][22] - User feedback indicates a mix of excitement and skepticism regarding the model's performance, with some noting improvements in speed but concerns over capability [19][31][32]

Market Performance - On September 29, the A-share market showed a strong upward trend with all three major indices rising. The Shanghai Composite Index increased by 0.90% to 3862.53 points, the Shenzhen Component Index rose by 2.05% to 13479.43 points, and the ChiNext Index climbed by 2.74% to 3238.01 points. The total trading volume in the Shanghai and Shenzhen markets reached 2.16 trillion yuan, an increase of 146 billion yuan compared to the previous trading day [2][3] - Over 3500 stocks in the market experienced gains, with significant performance observed in the large financial sector and the renewable energy sector. Notably, green methanol concept stocks were active, and energy storage concept stocks rebounded. The non-ferrous metals sector also saw gains throughout the day, while the semiconductor industry chain showed recovery in the afternoon. Conversely, education stocks weakened throughout the day [2] International Market Overview - On the same day, major U.S. stock indices also rose, with the Dow Jones Industrial Average increasing by 68.78 points (0.15%) to close at 46316.07 points, the S&P 500 rising by 17.51 points (0.26%) to 6661.21 points, and the Nasdaq Composite gaining 107.09 points (0.48%) to 22591.15 points [3] - European stock indices also experienced gains, with the FTSE 100 rising by 15.01 points (0.16%) to 9299.84 points, the CAC 40 increasing by 10.19 points (0.13%) to 7880.87 points, and the DAX rising by 5.59 points (0.02%) to 23745.06 points [3] Commodity Prices - International oil prices fell on September 29, with light crude oil futures for November delivery dropping by $2.27 to $63.45 per barrel (a decrease of 3.45%), and Brent crude oil futures for November delivery falling by $2.16 to $67.97 per barrel (a decrease of 3.08%) [4] Policy Developments - The National Development and Reform Commission announced a new policy financial tool with a total scale of 500 billion yuan, aimed at supporting project capital and promoting effective investment. The funds will be allocated to specific projects to accelerate construction and enhance economic stability [6] - The National Development and Reform Commission also plans to develop policy guidelines for new-generation smart terminals and intelligent systems, focusing on technology support, application promotion, and safety governance [6] Company Announcements - Fulin Precision announced plans to jointly increase capital in its subsidiary with CATL, which is expected to constitute a major asset restructuring [10] - DeepSeek released a new version of its model, DeepSeek-V3.2-Exp, which optimizes inference efficiency and reduces API costs by over 50% [7] - The mechanical industry in China aims for an average revenue growth rate of approximately 3.5% from 2025 to 2026, with a target of exceeding 10 trillion yuan in revenue by 2026 [8]