DeepSeek’s R1 model uses inference to generate output without needing high-power chips, making Chinese-produced chips a a viable option.

The rise of DeepSeek's artificial intelligence (AI) models is seen providing some Chinese chipmakers such as Huawei a better chance to compete in the domestic market against more powerful U.S. processors.

Wall Street's biggest banks are striking a bullish tone on Chinese equities over the rise of AI platform DeepSeek. Bank of America Securities says investors can look to China's AI sector as a positive catalyst,