Overview
- MediaTek and Phison showed a single phone running a 20‑billion‑parameter language model on the Dimensity 9500, using a Hybrid UFS method that shifts some model weights to phone storage so the demo worked with 12 GB of RAM instead of the usual 16 GB or more.
- Goldman Sachs warned of the worst storage chip shortage in 15 years, as big memory makers tilt capacity to high‑bandwidth memory for AI, and Chinese suppliers reported surging profits and share gains tied to tight NAND and DRAM supply.
- Foreign funds rotated into AI infrastructure plays, with 36Kr reporting Goldman buying commercial space names and Morgan Stanley taking stakes in optical module leaders, while China’s smart‑grid stocks jumped on expectations for heavier data‑center power loads.
- Tencent said first‑quarter revenue rose 9% and operating profit rose 17%, crediting AI‑driven ad targeting, growing cloud AI services, and longer user time on Video Accounts after it expanded the size and tuning of its recommendation models.
- SMIC won exchange approval to issue shares to acquire the remaining 49% of SMIC North for 40.601 billion yuan, a move that makes the unit wholly owned and deepens domestic chipmaking consolidation tied to the AI build‑out.