Zhipu surged over 14% intraday after announcing plans to develop its own chips.
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Zhipu surged over 10% after reports indicated it was considering developing its own AI chips.
PANews reported on July 8 that, according to Jinshi News, Zhipu (02513.HK) rose by more than 10%, with a turnover of over HK$6 billion. The report stated that Zhipu is considering developing its own AI chip to cope with the rapid growth in demand for GLM models.
Zhipu plans to develop its own AI chip and has already contacted chip companies to accelerate efforts to address its computing power shortcomings.
According to sources familiar with the matter, Zhipu is evaluating the possibility of designing its own AI chip to address the rapidly growing demand for its GLM series of open-source large models and the shortage of computing resources caused by US export restrictions. Odaily has recently made preliminary contact with some Chinese chip design companies to explore cooperation in developing a customized AI processor optimized for its model operation scenarios. Zhipu is one of China's leading AI large-scale model companies, with its GLM series models attracting attention due to its open-source strategy and performance. As the application scale of large-scale models expands, high-performance computing resources have become a key bottleneck for AI companies. Developing its own chips is seen as a way to reduce dependence on external GPUs and improve computing efficiency. Currently, Zhipu AI has not yet made a final decision on whether to proceed with the chip project; the relevant plans are still in the early evaluation stage. (The Information)
ING: Nvidia's profit margins are threatened by customers developing their own chips.
According to Mars Finance, on July 7th, Jan Frederik Slijkerman of ING wrote in a report that Nvidia's ability to maintain profit margins is uncertain as tech giants develop their own chips. He pointed out that major customers such as Microsoft, Alphabet, and Amazon are developing their own custom chips to help control AI infrastructure costs (capital expenditure efficiency). He stated that, therefore, Nvidia's pricing power may face more intense competition than in recent years, making it more difficult for it to maintain its currently extremely high profit margins in the long term, despite the company's expansion into new business lines.
News: Zhipu is evaluating its self-developed custom AI chip
According to a report by The Information, multiple sources revealed that Zhipu, a leading Chinese AI company, is considering designing its own AI chip. It is understood that with the rapidly increasing demand for its GLM series of large-scale models, coupled with increasing constraints on computing resources, Zhipu has recently made initial contact with some domestic chip design companies to explore the possibility of jointly developing a customized AI processor. The report points out that for large-scale AI model developers, developing their own chips aims to achieve hardware and software synergy optimization, improve computing efficiency, and reduce dependence on external GPU suppliers. Besides Zhipu, another domestic large-scale model company, DeepSeek, has also recently been reported to be simultaneously advancing its self-developed chip project focused on inference scenarios. Globally, top AI developers such as OpenAI (which has announced its self-developed chip Jalapeño) and Anthropic are actively developing customized chips, and the AI industry is accelerating towards a dual-track development stage of "model + chip" hardware and software integration.
Broadcom will develop custom ASIC chips for Apple and has agreed to expand its technology collaboration to 2031.
Broadcom filed a document with the U.S. Securities and Exchange Commission on July 6, announcing a multi-year agreement with Apple to extend their long-standing technology partnership into 2031. Under the agreement, Broadcom will develop and supply a range of custom ASIC chips for multiple generations of Apple products. (Jiemian)
Spiral, Jack Dorsey's Bitcoin development arm, plans to expand into the AI field.
According to Foresight News , The Block reports that Spiral, Jack Dorsey's Bitcoin development arm, is expanding into the AI field after incorporating core developers from Block's Goose project. The open-source project plans to develop Goose into a platform for agent-based AI development.