Hong Kong stocks concept tracking | AI reasoning generates huge demand for computing power RISC-V open source chips attract attention (with concept stocks)

Market news, China will encourage the use of open source RISC-V chips. TechInsights stated in an article that in the past few years, venture capital companies have invested billions of dollars in artificial intelligence chip startups, but have seen little return. Suddenly, these startups are finding it difficult to raise new funds. On the contrary, funds are flowing into RISC-V startup companies, with investors hoping to see returns from the popular open source Instruction Set Architecture (ISA). Investors see a bull market in RISC-V. Most major processor and System on Chip (SoC) suppliers have adopted this technology. On February 28, the 2025 Xuantie RISC-V Ecosystem Conference, hosted by Alibaba's DAMO Academy, was held in Beijing. Ni Guangnan, academician of the Chinese Academy of Engineering, stated at the conference that the open source model helps RISC-V build a global ecosystem that is inclusive and fosters collaborative innovation, becoming a new engine for the transformation of the chip industry. It is understood that Xuantie, led by DAMO Academy, is accelerating its layout of the "high performance + AI" RISC-V full chain. The first server-level CPU C930 will begin delivery in March, targeting high-performance server-level applications. At the 2025 Xuantie RISC-V Ecosystem Conference on February 28, Bao Yungang, Chief Scientist of the Beijing Open Source Chip Research Institute, pointed out that AI inference generates a huge demand for computing power, with two characteristics: One is close collaboration with the CPU. AI inference will become an indispensable part of various future businesses, but the main business programs will still run on the CPU - by unloading AI inference requests to AI accelerators through API calls, obtaining inference results, and then returning them to users via the CPU. The other is diversified demand. Different scenarios generate different computing power demands, with different corresponding resource constraints. For example, cloud-based inference computing power needs to consider the efficient deployment of full-scale large models, while edge applications often deploy different capacities of trimmed versions. Hong Kong-listed companies in the RISC-V chip industry chain: Alibaba-SW (09988): Alibaba DAMO Academy senior technical expert Li Chunqiang stated at the "2025 Xuantie RISC-V Ecosystem Conference" that DAMO Academy will continue to deploy the "high performance + AI" RISC-V full chain and collaborate with downstream partners such as chip companies, server companies, and cloud computing companies in the hope of rapidly pushing RISC-V chips and complete machines into the market. SHANGHAI FUDAN (01385): The company's FPGA product line is technologically advanced and currently offers FPGA products ranging from tens of millions to billions of gates and PSoC products. They have complete independent FPGA supporting EDA tools ProciseTM and reconfigurable chips (FPAI) for artificial intelligence applications. The product line is currently advancing new generation FPGA and PSoC products based on 1xnm FinFET advanced processes, with the new FPGA products undergoing sample testing, being sold in small quantities to some imported customers, and concurrently working on increasing yields and product spectrum diversification. Fudan University actively participates in the construction of the RISC-V industry ecosystem and is an important participating unit in the "RISC-V Pine, Bamboo, Plum Plan". Shanghai Fudan Microelectronics Group is a governing unit of the China RISC-V Industry Alliance and has participated in the drafting of multiple industry standards.