Zhi Tong Cai Jing·2025-09-18 02:29Group 1: Stock Performance - Semiconductor stocks have shown strong performance recently, with notable increases in share prices for several companies: Huahong Semiconductor up 12.65% to HKD 60.1, Jingmen Semiconductor up 8.16% to HKD 0.53, and SMIC up 7.24% to HKD 72.6, reaching a new high [1][2] - Other companies also saw gains, including Shanghai Fudan up 4.3% to HKD 41.72, and several others with increases ranging from 4.03% to 6.81% [2] Group 2: Industry Developments - Alibaba and Baidu have begun using internally designed chips for training AI models, with Alibaba mentioning a "backup plan" in response to global AI chip supply and policy changes during their latest earnings call [2][3] - The domestic computing power chips are gradually replacing NVIDIA's products, indicating a decoupling of China's AI development from the Western semiconductor ecosystem [3] - A report highlighted the advancements of Alibaba's Tsinghua Unigroup in developing AI-focused PPU chips, which reportedly surpass NVIDIA's A800 in key performance metrics [3]