Core Viewpoint - The introduction of the UE8M0 FP8 format and the next-generation domestic chips signifies a major advancement in the Chinese AI industry, indicating a shift towards hardware-software synergy and reduced reliance on foreign computing power [1][36]. Group 1: Market Reaction - Domestic chip companies' stock prices surged, with Cambrian Technology rising nearly 14% and hitting the daily limit, becoming the top company on the STAR Market [2][35]. - The semiconductor ETF also experienced a significant increase of 5.89% within half a day [5]. Group 2: Technical Explanation of UE8M0 FP8 - UE8M0 FP8 is based on the MXFP8 format, which was defined in the Open Compute Project's 2023 specification, allowing for an 8-bit micro-scaling block format [10][11]. - The MXFP8 format allows for block-level scaling, which retains the 8-bit width while expanding the dynamic range significantly [14][22]. - The UE8M0 format specifically uses an all-exponent representation for scaling factors, which simplifies processing and reduces computational overhead [22][23]. Group 3: Implications for Domestic Chips - Most existing domestic AI accelerators still use FP16/BF16 + INT8 pathways, but new chips like MUSA 3.1 GPU and VIP9000 NPU are beginning to support native FP8 [26]. - The UE8M0 format can save 75% of bandwidth compared to traditional FP32 scaling, making it a crucial optimization for next-generation architectures [27]. - The support for UE8M0 FP8 by various domestic chip manufacturers indicates a significant competitive advantage and potential for improved performance in AI applications [36][37]. Group 4: Industry Collaboration - DeepSeek has collaborated with 15 manufacturers to validate the UE8M0 format, with several companies already adapting their products to support this new standard [26][29]. - The collaboration between DeepSeek and domestic chip manufacturers is likened to the historical Wintel alliance, suggesting a strong ecosystem is being built around these technologies [37].

Core Viewpoint - The release of DeepSeek V3.1 and its mention of a new architecture and next-generation domestic chips has created significant excitement in the AI industry, indicating a potential shift towards improved performance and capabilities in domestic AI solutions [1][27]. Group 1: Market Reaction - Following the announcement, domestic chip companies saw a surge in stock prices, with Cambrian Technology closing up 20%, making it the top company on the STAR Market [2][24]. - The semiconductor ETF also experienced a substantial increase, rising by 10% on the same day [3][26]. - The overall market response indicates a strong investor sentiment towards domestic chip manufacturers, reflecting optimism about their future prospects [26]. Group 2: Technical Insights - The concept of "UE8M0 FP8" is introduced, which is a new format that enhances the efficiency of data processing in AI applications by using an 8-bit micro-scaling format [6][10]. - This format allows for a significant reduction in data bandwidth requirements, saving 75% of the flow compared to traditional formats, which is crucial for the next generation of chip architectures [21][28]. - The UE8M0 format is designed to improve dynamic range and reduce information loss, making it more suitable for next-generation domestic chips that are beginning to adopt FP8 capabilities [19][27]. Group 3: Industry Implications - The adoption of UE8M0 FP8 by domestic chip manufacturers signifies a move towards reducing reliance on foreign computing power, particularly from companies like NVIDIA and AMD [27][29]. - This shift is expected to enhance the competitiveness of domestic chips, as they will be able to run larger models with improved efficiency, thus increasing their value proposition in the market [28][29]. - The collaboration between DeepSeek and domestic chip manufacturers is likened to the historical "Wintel alliance," suggesting a potential for creating a robust ecosystem around domestic AI technologies [29]. Group 4: Key Players - Several domestic companies, including Cambrian Technology, Huawei, and others, are identified as early adopters of the UE8M0 FP8 format, with their products already supporting this new precision format [24][30]. - The market is closely watching these companies, particularly Cambrian Technology, which has seen a significant increase in market capitalization due to its advancements in chip technology [24][26].