Sou Hu Cai Jing·2025-08-22 05:39Group 1 - The AI computing sector in the A-share market experienced a significant surge, with multiple stocks reaching historical highs, including Cambrian Technology's stock price exceeding 1,200 yuan and a market capitalization surpassing 500 billion yuan [1] - The recent capital influx is attributed to technological breakthroughs, industrial policies, and geopolitical factors, highlighted by the release of the DeepSeek-V3.1 model, which enhances reasoning efficiency and is designed for next-generation domestic chips [1] - China Mobile's recent procurement of AI servers, totaling 5.112 billion yuan, emphasizes the growing importance of domestic computing power in communication infrastructure, with Huawei's Ascend "CANN ecosystem" dominating the procurement [1] Group 2 - Nvidia's H20 AI chip for the Chinese market has faced production halts due to regulatory pressures from both the US and China, indicating challenges for foreign technology in the domestic market [2] - Domestic computing power is gaining traction among internet giants, with Tencent highlighting the availability of multiple supply channels for reasoning chips, suggesting a shift towards domestic solutions amid international supply chain fluctuations [2] - Cambrian Technology reported a remarkable revenue increase of 1.111 billion yuan in Q1 2025, marking a 42-fold year-on-year growth and achieving profitability for the first time, driven by rapid growth in its cloud product line [2]