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CITIC Construction Investment pointed out that the power breakthrough of AI chips is driving the transformation of data center power supplies towards an 800V high-voltage direct current architecture, which is an industrial chain revolution involving the reconstruction of the power supply system. Investment should focus on high-barrier segments, including 800V power hosts, solid-state circuit breakers that solve direct current arc extinction, and core incremental components such as third-generation semiconductors
Citigroup's report points out that NVIDIA's newly launched AI inference context memory storage (ICMS) architecture is expected to significantly exacerbate the global NAND flash supply shortage. Each server requires an additional 1152TB SSD, which is expected to bring an additional demand equivalent to 2.8% and 9.3% of the global NAND total demand in 2026 and 2027, respectively. This move will not only drive up NAND prices but also provide clear structural growth opportunities for leading memory chip manufacturers such as Samsung, SK Hynix, and Micron
Tesla CEO Elon Musk announced that starting February 14, the company's full self-driving (FSD) software will only be available through a monthly subscription model. Currently, customers can either pay a one-time fee of $8,000 or subscribe for $99 per month. The FSD system requires driver supervision and has been under investigation by the U.S. National Highway Traffic Safety Administration due to safety concerns. Tesla has also introduced the term "Supervised" for its FSD in passenger vehicles, while using an unsupervised version for vehicle movement in factories.
Chinese customs authorities have reportedly informed agents that Nvidia's H200 AI chips are not permitted to enter China, raising concerns about a potential ban. The motives behind this directive remain unclear, with speculation that it may be aimed at promoting domestic chip companies or as a bargaining tactic in U.S.-China relations. The U.S. recently approved H200 exports to China, but restrictions on high-end chip exports have been in place since 2022. Chinese firms have placed significant orders for the H200, which is considered crucial for AI development.
Deutsche Bank predicts that this year marks the inaugural year for the scaling of Robotaxi and the deployment of humanoid robots. Humanoid robots are leveraging the automotive supply chain to accelerate cost reduction, with companies like Mobileye targeting a cost goal of $10,000; autonomous driving is moving from testing to scaling, with a surge in Waymo orders, and NVIDIA launching the Alpamayo platform to assist automakers with "plug-and-play." Physical AI is transitioning from the laboratory to mass production
