Morgan Stanley released a research report saying that it is optimistic about SMIC because it is a “key supporter of the localization of artificial intelligence in China,” and because demand for advanced logic chips will remain strong, and it has a positive view on Chinese chip equipment companies. The bank said that there is still uncertainty about whether to approve the purchase of H200 chips from all cloud service providers, as it may affect the popularity of domestic chips, but it is expected that cloud service providers will use H200 in combination with local chips, especially in terms of reasoning requirements.

Morgan Stanley released a research report saying that it is optimistic about SMIC because it is a “key supporter of the localization of artificial intelligence in China,” and because demand for advanced logic chips will remain strong, and it has a positive view on Chinese chip equipment companies. The bank said that there is still uncertainty about whether to approve the purchase of H200 chips from all cloud service providers, as it may affect the popularity of domestic chips, but it is expected that cloud service providers will use H200 in combination with local chips, especially in terms of reasoning requirements.