Group 1 - Chip stocks have surged, with notable increases: Huahong Semiconductor up 8.69% to HKD 51.65, Shanghai Fudan up 7.37% to HKD 32.06, SMIC up 6.77% to HKD 55.2, and ZTE up 5.87% to HKD 33.16 [1] - Recent positive developments for domestic computing power include Tencent's announcement of multiple supply options for inference chips and DeepSeek's model update to support FP8 precision and domestic chips [1] - Huawei Ascend-based server products have secured large orders in government, finance, and telecommunications sectors, indicating strong market demand [1] Group 2 - The U.S. has tightened security reviews on high-performance GPUs, with Nvidia's H20 chip criticized by state media for being "neither advanced, safe, nor environmentally friendly" [2] - The U.S. has imposed new conditions for the export of H20 chips to China, requiring a 15% revenue share from related sales, increasing costs and supply uncertainty for companies [2] - In this context, there is a growing domestic demand for self-controlled computing power, with policies and capital increasingly directed towards domestic AI chip and computing chain manufacturers [2]