Chip stocks continued their recent strong performance, with HUA HONG SEMI (01347) rising 9.93% to HK$58.65, SOLOMON SYSTECH (02878) gaining 6.12% to HK$0.52, SMIC (00981) advancing 5.47% to HK$71.4, and SHANGHAI FUDAN (01385) climbing 3.05% to HK$41.22 at the time of writing.

On the news front, recent reports indicate that Alibaba and Baidu have begun utilizing internally designed chips to train AI large language models. During its latest earnings conference call, Alibaba mentioned preparing "backup plans" in response to global AI chip supply and policy changes. Meanwhile, Baidu's "Kunlun P800" chip is being adopted by both internal and external customers.

Guosen Securities noted that domestic computing chips are gradually replacing NVIDIA products, reflecting China's artificial intelligence development moving toward decoupling from Western semiconductor ecosystems. Additionally, the Ministry of Commerce has initiated an anti-dumping investigation into US-made analog chips, with recommendations for analog chip and foundry sectors.

Notably, on the evening of September 16, a news program reported on the "China Unicom Sanjiangyuan Green Power Smart Computing Center Project Construction Results," which disclosed Alibaba's Pingtouge latest AI-focused PPU chip. The chip's main performance parameters exceed those of NVIDIA's A800 and are comparable to the H20.

The report highlighted multiple domestic AI chip brands including Alibaba's Pingtouge, MooreThreads, Biren Technology, and others, detailing their signed or planned contracts for the smart computing center project.