---
title: "Kling 4.0 API debuts; Micron says 4F² is not the way forward | Daily News Recap"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/dolphin/post/44483720.md"
description: "1022 | Dolphin Research Focus: 🐬 Stock 1, $NVIDIA(NVDA.US) Jensen Huang delivered the keynote at GTC Berlin. Rubin is now fully ramped.Dolphin Research believes that, rather than just chasing performance, the company at this GTC Europe put more emphasis on 'making the economics work' on the product side. The only new product, DSX POD, shortens deployment time and could unlock $10-20 bn in potential revenue for customers. Beyond the 'economics' theme..."
datetime: "2026-10-22T08:29:05.000Z"
locales:
  - [en](https://longbridge.com/en/dolphin/post/44483720.md)
  - [zh-CN](https://longbridge.com/zh-CN/dolphin/post/44483720.md)
  - [zh-HK](https://longbridge.com/zh-HK/dolphin/post/44483720.md)
author: "[Dolphin Research](https://longbridge.com/en/dolphin.md)"
generator: "portal-rs"
---

# Kling 4.0 API debuts; Micron says 4F² is not the way forward | Daily News Recap

## 1022 ｜**Dolphin Research Focus:**

## 🐬 Stocks

**1、**$NVIDIA(NVDA.US)

Jensen Huang delivered the GTC Berlin keynote, with Rubin now in full mass production. Compared with pure performance gains, NVIDIA (NVDA) leaned into the economics of compute at GTC Europe; the only new product, DSX POD, shortens deployment time and could unlock $10–20bn in potential revenue for customers. Beyond the economics angle, the company devoted more time to opportunities in Europe, agents, and physical AI. Dolphin Research recap:《[英伟达（GTC 欧洲）：不拼性能拼交付，老黄的 ‘经济账’ 算给谁听？](https://longbridge.cn/zh-CN/dolphin/post/44480806?channel=OWNN00030)》。

**2、**$KUAISHOU-W(01024.HK) 

Kuaishou launched the Kling 4.0 API for its next-gen video-generation model. By opening the API to enterprise developers, it rounds out the domestic AIGC video monetization toolchain and accelerates real-world adoption. Competition in video generation is red-hot, and APIs help translate model capability into revenue. But it faces direct overseas rivals, and monetization efficiency still needs to be proven.

**3、**$Micron Tech(MU.US) 

Micron (MU) CTO responded to CXMT’s 4F² breakthrough, saying the company will stick with the 6F² path and focus on 3D DRAM. As 2D scaling hits limits, roadmaps are diverging and industry focus is shifting toward 3D stacking. Parallel routes will not rewrite the memory landscape overnight. Watch yields, cost curves, and downstream customer adoption.

**4、**$Intel(INTC.US) 

Intel announced major progress on its repeatedly delayed US fab expansion. Building advanced onshore capacity is a key leg of CHIPS Act execution and helps support its foundry business and subsidies. However, repeated delays highlight high US build costs and long lead times. The capacity ramp cadence remains the biggest uncertainty.

**5、**$Robinhood(HOOD.US) 

Robinhood plans to launch a Middle East retail investing platform next year, with Dubai as its operating hub, and has secured local regulatory approval to offer multi-asset trading and custody. It targets high-net-worth retail in the region as it expands overseas amid saturation in US brokerage. Differences in regulation and user habits in the Middle East are material. Localization and compliance costs will be the core challenges.

**6、**$Alphabet(GOOGL.US) $Alphabet - C(GOOG.US) 

OpenAI’s frontier and Codex models are coming to Google Cloud. Hyperscalers are becoming key distribution channels for foundation models, making these partnerships mutually beneficial. Google Cloud complements its model lineup via OpenAI products, while OpenAI extends customer reach through GCP. That said, they also compete in certain areas, so partnership stability bears watching.

**7、Dolphin Research on earnings and calls**

Tesla:《[特斯拉：画饼 ‘超前症’、落地 ‘拖延症’，托底再到汽车？](https://longbridge.cn/zh-CN/dolphin/post/44476558?channel=OWNN00030)》。 《[特斯拉（紀要）：AI 大棋，真要等到 2027 年？](https://longbridge.cn/zh-CN/dolphin/post/44471694?channel=OWNN00030)》

Meta:《[Meta：主业 ‘松了口气’，Muse 的细账还悬着？](https://longbridge.cn/zh-CN/dolphin/post/44479005?channel=OWNN00030)》。 《[Meta（纪要）：Muse 远期十亿用户目标，先烧算力再变现](https://longbridge.cn/zh-CN/dolphin/post/44471684?channel=OWNN00030)》、《[Meta（Follow-up call 纪要）：Muse 商业价值，源于高价值用户 + 购物为使用频次较高场景](https://longbridge.cn/zh-CN/dolphin/post/44481804?channel=OWNN00030)》

## 🐬 Top Gainers by Sector

**A-shares:** telecom services, data processing & outsourcing, and diversified banks. All were among the top gainers.

**HK:** insurance brokers, distributors, and office services & supplies. All outperformed.

**US:** telecom services, heavy electrical equipment, and independent power & renewable IPPs. These led the move.

## 🐬 Watchlist for Tomorrow

1) US Oct S&P Global Manufacturing PMI (flash) and US Oct S&P Global Services PMI (flash). US Oct 1-yr inflation expectations (final).

Risk disclosure and statement for this note: [海豚研究免责声明及一般披露](https://support.longbridge.global/topics/misc/dolphin-disclaimer). Dolphin Research disclaimer and general disclosure.

### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md)
- [01024.HK](https://longbridge.com/en/quote/01024.HK.md)
- [81024.HK](https://longbridge.com/en/quote/81024.HK.md)
- [INTC.US](https://longbridge.com/en/quote/INTC.US.md)
- [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md)
- [GOOGN.US](https://longbridge.com/en/quote/GOOGN.US.md)
- [HKUD.SG](https://longbridge.com/en/quote/HKUD.SG.md)
- [04335.HK](https://longbridge.com/en/quote/04335.HK.md)
- [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**