Orient Securities released a research report stating that the number of parameters in the DeepSeek V4.1 Flash model was only 552B, and better results were obtained based on a smaller number of parameters in multiple benchmark tests. Compared with the previous generation model, its demand for HBM was reduced to 1/4, and the demand for SSD was reduced to 1/8. The bank is expected to increase the penetration rate of large domestic AI models and accelerate the expansion of domestic AI commercialization scenarios. The bank believes that the large-scale iteration of domestic AI models will drive a high increase in domestic computing power and demand for switching chips. Related targets: Cambrian, Haiguang Information, Senko-U.

Orient Securities released a research report stating that the number of parameters in the DeepSeek V4.1 Flash model was only 552B, and better results were obtained based on a smaller number of parameters in multiple benchmark tests. Compared with the previous generation model, its demand for HBM was reduced to 1/4, and the demand for SSD was reduced to 1/8. The bank is expected to increase the penetration rate of large domestic AI models and accelerate the expansion of domestic AI commercialization scenarios. The bank believes that the large-scale iteration of domestic AI models will drive a high increase in domestic computing power and demand for switching chips. Related targets: Cambrian, Haiguang Information, Senko-U.