DeepSeek Unveils V4 Models, Lifts China Chip Stocks Up To 13%

GuruFocus
2026.04.24 16:45
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DeepSeek has launched its V4 Flash and V4 Pro models, enhancing its AI capabilities with a new Hybrid Attention Architecture and a 1 million-token context window. This upgrade aims to improve performance while maintaining cost-efficiency. Following the announcement, Chinese chip stocks surged, with Semiconductor Manufacturing International Corp. rising 9.4% and Hua Hong Semiconductor up 13%. DeepSeek is also in discussions for funding with Tencent and Alibaba, despite ongoing scrutiny over its use of Nvidia hardware.