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Yahoo
3 days ago
- Business
- Yahoo
China's first 6nm domestic GPU with purported RTX 4060-like performance has powered on
When you buy through links on our articles, Future and its syndication partners may earn a commission. Lisuan Technology, a Chinese graphics card startup, has announced via the company's official WeChat account that its forthcoming G100 graphics card has successfully powered on, marking a significant milestone in its deployment. The G100 purports to be China's first domestic 6nm graphics card. As China embarked on its journey towards technological independence, a wave of industry veterans joined the gold rush. Founded in 2021, Lisuan Technology is among the youngest startups in the graphics card sector, alongside Moore Threads (2020) and Biren (2019). Lisuan Technology has considerable backing, as it was reportedly established by industry veterans boasting more than 25 years of experience in Silicon Valley. The same can be said for Moore Threads, which was founded by Zhang Jianzhong, the former vice-president and general manager of Nvidia China. Little information is available regarding the G100, besides its use of Lisuan Technology's proprietary TrueGPU architecture. In contrast to some Chinese firms that license intellectual property (IP) from sources like Imagination, TrueGPU asserts that it is an in-house architecture developed from the ground up. Lisuan Technology previously stated that the G100 is created using a 6nm process node but did not reveal the manufacturer. Due to U.S. export restrictions, China cannot access the 6nm node, ruling out Samsung and TSMC as options. As a result, it is likely that the Chinese foundry SMIC is responsible for producing the silicon using its 6nm manufacturing process, which is also implemented for Huawei's latest Ascend 920 AI chip. With limited information, we can only rely on rumors regarding the specifications of G100. For example, it is claimed that the G100 provides performance similar to the GeForce RTX 4060. This claim generates significant skepticism, as the GeForce RTX 4060, despite being a last-generation product, is still regarded as one of the best graphics cards available; we have yet to see a Chinese-made graphics card rival it. Additionally, the G100 is rumored to feature ample memory and modest power consumption. The G100 reportedly supports popular APIs such as DirectX 12, Vulkan 1.3, OpenGL 4.6, and OpenGL 3.0, suggesting that G100 could be a decent gaming graphics card. Work on the G100 started in 2021, with Lisuan Technology originally aiming for a 2023 launch. However, financial difficulties obstructed these plans, and by 2024, the company neared bankruptcy. To support the struggling startup, Dongxin Semiconductor, its parent company, provided a substantial financial boost of $27.7 million, enabling continued development of the G100. Lisuan Technology has successfully obtained the first G100 chips from the foundry, and they are operational. The outcomes seem to meet the startup's expectations. As a result, the company has moved forward with software and hardware validation as well as driver optimization. Clearly, the G100 has considerable progress ahead before reaching the retail market. It is reportedly in the tape-out phase and is currently undergoing risk trial production. Completing a 6nm tape-out requires substantial time and investment, indicating that Lisuan Technology is at a pivotal point in G100's development. Lisuan Technology intends to deliver small quantities of G100 in the third quarter of this year. Nonetheless, given the timeline, mass production likely won't happen until 2026. Targeting the performance of the GeForce RTX 4060 isn't bad; however, the G100 needs to function as a reliable graphics card right from the start. It's unreasonable to expect Lisuan Technology's first attempt to compete with the likes of Nvidia, AMD, or even Intel. Creating a good graphics card from scratch demands considerable time and effort. Moore Threads has demonstrated that the software aspect is just as crucial as the hardware, given that new driver updates can significantly boost performance. We might see the first benchmarks for the G100 before the end of the year. Follow Tom's Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button.
Yahoo
05-02-2025
- Business
- Yahoo
International Business Machines Corporation (IBM) Reaffirmed with Buy Rating by Bank of America, Set Target at $270 Following Investor Day
We recently compiled a list of the . In this article, we are going to take a look at where International Business Machines Corporation (NYSE:IBM) stands against the other high flying AI stocks. In the artificial intelligence world, the spotlight will be shifting to France next week as the world awaits the US and China to find common ground over the safe development of artificial intelligence. Judging by the measured response from China over the tariffs issue, there is a chance it might. That noted, a wide variety of countries are going to be attending an AI Action Summit in Paris next week to discuss how to put the technology to work. France is going to be hosting the summit alongside India on Feb 10 and 11, focusing on areas such as open-source systems and clean energy for powering data centers, Reuters reported. READ NOW: and Meanwhile, the emergence of DeepSeek is increasingly turning into a game-changing event for AI development in China. The founder, Liang Wenfeng, is being hailed as a national hero. Indeed, his efforts have greatly helped the country to catch up with the US in the race toward AI supremacy. Chinese companies are increasingly rushing to support AI models coming from DeepSeek. Moore Threads and Hygon Information Technology, for instance, said on Monday that their computing clusters and accelerators will be able to support Deep Seek's R1 and V3 models. Moore Threads, in particular, stated that progress by DeepSeek's models using domestically made GPUs could set China's AI industry 'on fire'. While many of the companies in China are rushing to adopt DeepSeek, yet many others are pushing their own AI models forward. Alibaba Cloud released Qwen 2.5-Max just after DeepSeek over the holidays, Beijing-based start-up Zhipu is also in the AI race with its AI assistant app released in October, Chinese start-up Moonshot AI released its own LLM the day DeepSeek released its r1 model, and more. These moves by Chinese companies, and the broader market reaction in the US after the emergence of DeepSeek, reflect on how grave the impact has been on the AI world. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). A closeup of a woman's hands typing rapidly on a laptop in a corporate office Business Machines Corporation (NYSE:IBM) is a multinational technology company and a pioneer in artificial intelligence, offering AI consulting services and a suite of AI software products. On February 4th, Bank of America Securities analyst Wamsi Mohan reiterated a Buy rating on the stock and set a price target of $270.00. The rating, issued after IBM's Investor Day, emphasized sustainable revenue and margin growth for IBM. CEO Arvind Krishna has been leading the company toward strategic transformation, with a portfolio shift towards higher growth areas such as software and consulting. As such, the company targets a topline growth of over 5% and anticipates an approximately 10% compound annual growth rate in this segment. Improvements in profit and free cash flow are also a plus point, while divested low-growth assets and mergers and acquisitions have strengthened both total and organic growth. Lastly, emphasis on areas such as quantum computing and AI-driven consulting services is expected to provide further growth potential. All of these factors have together led to the reiterated buy rating. Overall IBM ranks 8th on our list of the high flying AI stocks this week. While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than IBM but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: and Complete List of All AI Companies Under $2 Billion Market Cap. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
05-02-2025
- Business
- Yahoo
Chinese chip makers, cloud providers rush to embrace homegrown DeepSeek
By Brenda Goh and Yuhan Lin SHANGHAI (Reuters) - Chinese companies, from chip makers to cloud service providers, are rushing to support DeepSeek's artificial intelligence models, spurring analysts to hail a "watershed moment" for the industry. Moore Threads and Hygon Information Technology, which makes AI chips and looks to compete with Nvidia, said on Monday their computing clusters and accelerators would be able to support DeepSeek's R1 and V3 models. "We pay tribute to DeepSeek," Moore Threads headlined its post on WeChat, adding that progress by the firm's models using domestically made graphic processing units (GPU) could "set on fire" China's AI industry. On Saturday, Huawei Technologies, which also has its own line of AI chips, said it was working with AI infrastructure start-up SiliconFlow to make DeepSeek's models available to customers on its Ascend cloud service. Their performance was comparable to models run on global, high-end chips, it added. The news that Huawei had integrated DeepSeek's models with its Ascend chips marked a "watershed moment," Bernstein analysts said in a note on Sunday. "DeepSeek demonstrates that competitive large language models (LLM) can be deployed on China's 'good enough' chips, easing reliance on cutting-edge U.S. hardware"," they added, citing Ascend and planned chips from Cambricon and Hygon. Alibaba, Baidu and Tencent's cloud arms have also said they have made DeepSeek's models accessible via their services. Last month, DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of existing services. Within a few days, its app overtook U.S. rival ChatGPT in downloads from Apple's App Store, triggering a global selloff in tech shares. Earlier the company earlier drew attention in global AI circles with a research paper in December that said the training of DeepSeek-V3 required less than $6 million worth of computing power from Nvidia's H800 chips, versus the billions of dollars spent by the likes of tech giants Meta and Microsoft. China has welcomed its success, turning the startup based in the eastern city of Hangzhou, and the firm's founder, Liang Wenfeng, into pop culture celebrities. Microsoft and Amazon's cloud services have also started offering DeepSeek's models but several countries such as Italy and the Netherlands have blocked, or are investigating, DeepSeek's AI app on concerns of privacy. Sign in to access your portfolio
Reuters
05-02-2025
- Business
- Reuters
Chinese chip makers, cloud providers rush to embrace homegrown DeepSeek
SHANGHAI, Feb 5 (Reuters) - Chinese companies, from chip makers to cloud service providers, are rushing to support DeepSeek's artificial intelligence models, spurring analysts to hail a "watershed moment" for the industry. Moore Threads and Hygon Information Technology ( opens new tab, which makes AI chips and looks to compete with Nvidia, said on Monday their computing clusters and accelerators would be able to support DeepSeek's R1 and V3 models. "We pay tribute to DeepSeek," Moore Threads headlined its post on WeChat, adding that progress by the firm's models using domestically made graphic processing units (GPU) could "set on fire" China's AI industry. On Saturday, Huawei Technologies ( which also has its own line of AI chips, said it was working with AI infrastructure start-up SiliconFlow to make DeepSeek's models available to customers on its Ascend cloud service. Their performance was comparable to models run on global, high-end chips, it added. The news that Huawei had integrated DeepSeek's models with its Ascend chips marked a "watershed moment," Bernstein analysts said in a note on Sunday. "DeepSeek demonstrates that competitive large language models (LLM) can be deployed on China's 'good enough' chips, easing reliance on cutting-edge U.S. hardware"," they added, citing Ascend and planned chips from Cambricon and Hygon. Alibaba ( opens new tab, Baidu ( opens new tab and Tencent's ( opens new tab cloud arms have also said they have made DeepSeek's models accessible via their services. Last month, DeepSeek launched a free AI assistant that it says uses less data at a fraction of the cost of existing services. Within a few days, its app overtook U.S. rival ChatGPT in downloads from Apple's App Store, triggering a global selloff in tech shares. Earlier the company earlier drew attention in global AI circles with a research paper in December that said the training of DeepSeek-V3 required less than $6 million worth of computing power from Nvidia's H800 chips, versus the billions of dollars spent by the likes of tech giants Meta and Microsoft. China has welcomed its success, turning the startup based in the eastern city of Hangzhou, and the firm's founder, Liang Wenfeng, into pop culture celebrities. Microsoft (MSFT.O), opens new tab and Amazon's (AMZN.O), opens new tab cloud services have also started offering DeepSeek's models but several countries such as Italy and the Netherlands have blocked, or are investigating, DeepSeek's AI app on concerns of privacy.
