-UBS-China Semiconductors：Initial implications of DeepSeek and China's AI progress

ab 12 February 2025 Global Research China Semiconductors Initial implications of DeepSeek and China's AI progress Three major implications of DeepSeek for China's tech supply chain Mainly stimulated by DeepSeek and improved investor sentiment, the China semi stock index has risen 7.5% after Chinese New Year, outperforming the HS300/SOX indexes by 5.3ppt/2.8ppts. We think DeepSeek has shown real AI computing innovation cost efficiently, and we believe more AI propagation is positive for AI computing spending ...