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Z.AI shares jump after releasing AI model said to run on Chinese chips

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Sig2.70Sen+3.60Env0.00Soc0.00Gov-0.90

Z.ai released a new AI model claiming it runs entirely on homegrown semiconductors and said it ranked first by usage on the OpenRouter platform over the past week. The chip claims were not independently verified, and Z.ai declined to specify which chips are used. Analysts suggest Huawei Ascend alongside other suppliers, reflecting wider efforts for tech self-sufficiency amid U.S. export limits.

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