Group 1: Company Developments - Jensen Huang stated that there will not be another market like China, emphasizing the importance of the Chinese market for future growth [1] - Lei Jun clarified that the Xiaomi玄戒O1 chip is not customized from Arm, confirming it is developed independently by Xiaomi, marking a milestone in their 15-year collaboration [1] - Xiaomi reported Q1 2025 revenue of 111.3 billion yuan, a 47.4% year-on-year increase, with significant growth in IoT and lifestyle products [2] Group 2: Industry Trends - The Ministry of Industry and Information Technology, along with other departments, released a plan to accelerate the application of advanced computing, 5G-A, and AI in the electronic information manufacturing industry [4] - Meituan clarified its stance against "low-price, low-quality competition," focusing on sustainable industry development and support for riders and merchants [5][6] - A new 6 billion yuan AI industry fund was established in Suzhou, aimed at equity and venture investments in the AI sector [6] Group 3: Gaming Sector Updates - Apple is planning to launch a dedicated gaming application for its devices, enhancing the gaming experience and replacing the existing Game Center [7] - Nintendo announced measures to combat improper trading of the upcoming Switch 2, which is set to release on June 5 [8]