Group 1 - Semiconductor stocks continue their recent upward trend, with notable increases in share prices: SMIC up 5.52% to HKD 59.3, GlobalFoundries up 4% to HKD 0.52, Fudan Microelectronics up 2.66% to HKD 34.7, and Hua Hong Semiconductor up 2.26% to HKD 54.4 [1] - Deepseek officially released the DeepSeek-V3.1 version, which utilizes UE8M0 FP8 Scale parameter precision, indicating advancements in the design of next-generation domestic chips that are expected to see large-scale application [1] - Dongfang Securities highlights that the new generation of domestic chips is beginning to support FP8, including models such as Muxi 690, Chip Origin VIP9000, Cambricon 690, Moore Threads MUSA 3.1 GPU, and Haiguang Deep Computing No. 3 [1] Group 2 - The firm believes that with improvements in domestic AI chip design technology and manufacturing processes, along with the ongoing development of domestic large models and their compatibility with domestic chips, the market share of domestic computing power is expected to continue to rise [1] - The ongoing bullish trend in domestic chips is anticipated to persist, driven by advancements in technology and increasing market demand [1]