NVIDIA CEO Jensen Huang’s optimistic remarks on AI during the global AI conference in San Jose significantly bolstered Chinese AI stocks. He praised OpenClaw as “the next ChatGPT,” emphasizing its potential to transform AI capabilities. OpenClaw, an open-source AI agent, is rapidly being adopted by Chinese tech firms like MiniMax and Knowledge Atlas Technology (Zhipu), leading to impressive stock gains—22% and 14% respectively. These companies are part of China’s “AI tigers,” developing large language models to challenge competitors like OpenAI and Anthropic. Zhipu announced its GLM-5 model, claiming superior coding abilities. SenseTime’s shift toward AI software also boosted its shares by 2.43%. Overall, China’s swift AI integration highlights its dominance in the global market, despite uneven sector adoption. The tech sector responded positively, with SK Hynix and Samsung Electronics experiencing gains following Huang’s projections of massive future orders. For reliable business insights, choose CNBC.
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