Search
News
HK Movers | Lithium Shares Fall as Lithium Carbonate Futures Plummet. Ganfeng Lithium Sinks 9.6%; Tianqi Lithium Slumps 8.7%
Lithium shares fell in Hong Kong market as lithium carbonate futures plummet. Ganfeng lithium sank 9.6%; Tianqi Lithium slumped 8.7%.The price of the main lithium carbonate futures contract in mainland China once slumped by more than 9%, bottoming at RMB151,220 per ton, and last traded at RMB153,000...Tiger News
Fri, Jan 30
24H | Precious Metal Shares & ETFs Fall With AGQ down 5%, UGL down 3%; Crypto Shares Sink With RIOT, BitMine, CleanSpark down over 3%
Precious metal shares & ETFs fell in overnight trading with AGQ down over 5%, UGL, HYMC down over 3%; Pan American Silver, Harmony Gold down over 2%.Crypto shares slid in overnight trading as bitcoin fell below $82K. Riot Platforms, BitMine, CleanSpark down over 3%.Tiger News
Fri, Jan 30
Chinese RISC-V Chipmaker SpacemiT Launches K3 AI CPU, Highlighting the Rise of Open-Source Hardware in Intelligent Computing
Hangzhou,China,January 29,2026--As the global technology industry accelerates its shift toward open architectures and on-device artificial intelligence, Chinese RISC-V chip company SpacemiT announced the launch of its new K3 AI CPU on January 29. The company aims to combine the open RISC-V instruction set with general-purpose and AI computing capabilities, offering a more flexible, power-efficient and cost-effective platform for intelligent terminals and edge computing.For decades, the processor market has been dominated by x86 and Arm architectures. However, as AI workloads gradually move from the cloud to end devices, there is growing interest in more open and customizable computing platforms. RISC-V, as a fully open-source instruction set architecture, is increasingly seen as a key foundation for the next generation of open computing ecosystems.Founded in 2021 and headquartered in Hangzhou, SpacemiT is one of the few Chinese semiconductor companies committed to a “pure RISC-V” strategy. The company focuses on integrating high-performance general computing and AI acceleration into a single chip, which it describes as an “AI CPU” approach. This design philosophy targets intelligent hardware scenarios that require high computing density, low power consumption and strong system integration.The K3 chip is the result of more than 1,200 days of development. According to the company, it is among the first mass-production-ready RISC-V AI CPUs compliant with the RVA23 specification. It also supports 1024-bit RISC-V Vector extensions (RVV) and native FP8 precision for AI inference.In terms of hardware configuration, K3 integrates eight high-performance X100 RISC-V CPU cores with a maximum frequency of 2.4GHz. SpacemiT said its single-core performance is broadly comparable to Arm’s Cortex-A76.The chip delivers up to 60 TOPS of AI compute and supports up to 32GB of LPDDR5 memory. SpacemiT noted that K3 is not designed to compete directly with high-end server CPUs or GPUs, but instead to enable local execution of medium-scale AI models and multimodal applications. The company said K3 can support models in the 30- to 80-billion-parameter range on a single chip, with typical system power consumption between 15 and 25 watts.On the software side, K3 adopts a co-design approach between hardware and software. It supports mainstream AI frameworks and compilers such as Triton and TileLang, and is compatible with major open-source AI ecosystems and Linux distributions. The company said this is intended to reduce the development barriers for deploying AI models on RISC-V platforms, bringing the experience closer to that of x86 and Arm systems.“We believe the long-term direction of computing architectures is a transition from closed to open systems,” said Chen Zhijian, founder and CEO of SpacemiT, at the launch event. “x86 is highly closed, Arm is semi-open, while RISC-V is fully open. In the long run, open instruction sets are more likely to become the foundation of global computing.”Chen added that RISC-V carries particular significance for China’s semiconductor industry. “In the past, Chinese computing chips were largely limited to domestic markets. Open architectures create a new path for Chinese chips to integrate more naturally into the global technology ecosystem.”K3 emphasizes a fusion of general computing, AI computing and data-coherent interconnects. Chen described this direction as the evolution toward a “next-generation AI CPU,” where traditional CPUs become increasingly intelligent.“In the AI era, CPUs can no longer be just control processors,” he said. “They must also provide native AI computing capabilities. This is similar to the shift from feature phones to smartphones — a fundamental change in the form of computing.”SpacemiT also disclosed that its previous-generation K1 chip has achieved shipments of more than 150,000 units and has been deployed in industrial control systems, robotics, edge computing platforms and open-source intelligent hardware. This commercial experience provides a foundation for the rollout of K3. The company said K3 has already received orders, with initial deliveries planned from the end of April 2026.The company continues to promote a “full-stack RISC-V” strategy, covering CPU IP, chip design, operating systems, compilers, AI software stacks and developer platforms. K3 supports multiple operating systems including Ubuntu, OpenHarmony and OpenKylin. SpacemiT is also launching supporting products such as PICO-ITX single-board computers, robot core boards and array server platforms, while opening its hardware reference designs to developers and system integrators.Hangzhou has recently emerged as a major hub for AI, semiconductor and open-source technology innovation in China. Industry observers note that a new generation of Chinese technology companies is taking shape in the region, strengthening China’s presence in advanced “hard-tech” sectors. SpacemiT is regarded as one of the representative players in this ecosystem.At the same time, the industry generally acknowledges that RISC-V still lags behind x86 and Arm in high-end computing, software ecosystem maturity and overall industrial scale. SpacemiT also recognizes that its current products are better suited to intelligent terminals and edge AI rather than competing directly with top-tier server processors or GPUs.“Our goal is not to confront global giants head-on,” Chen said. “Instead, we aim to establish differentiated advantages in the mid-range computing segment, using lower power consumption, higher integration and better cost efficiency to make AI computing accessible to more devices.”As artificial intelligence continues to move from centralized cloud platforms toward local deployment, power efficiency, system integration and open ecosystems are becoming key competitive factors. The launch of K3 represents a concrete step by China’s RISC-V community in combining open-source architectures with AI computing, and reflects China’s broader effort to explore new technological paths in the next generation of global computing.30/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Fri, Jan 30
HK Movers | Crypto Shares Slide as Bitcoin Falls Below $82K. SinoHope Tech, Boyaa Down over 6%; Yunfeng Fin, Hashkey Hldgs Down over 3%
Crypto shares slid in Hong Kong as bitcoin fell below $82K. SinoHope Tech, Boyaa down over 6%; Yunfeng Fin, Hashkey Hldgs down over 3%; OSL Group down 1%.Tiger News
Fri, Jan 30
HK Movers | Gold Stocks Fall. GT Gold Down 7%; Zijin Gold, Chifeng Gold Down over 6%; Dragon Mining, Tongguan Gold Down over 5%; SD Gold Down over 4%
Gold stocks fell in Hong Kong market. GT Gold down over 7%; Zijin Gold, Chifeng Gold down over 6%; Dragon Mining, Tongguan Gold down over 5%; SD Gold down over 4%.Tiger News
Fri, Jan 30
24H｜SanDisk Soared 20%; Seagate Up 5%; Micron Up 4%; Tesla Shares Rose 3%; Robinhood Up 2%
Storage shares jump in overnight trading. SanDisk up 20%; Seagate Technology up 5%; Micron up 4%.Tesla shares rose 3% in overnight trading as Elon Musk’s SpaceX said to consider merger with Tesla or xAI.Robinhood shares gained 2% in overnight trading as US mulls tapping it for 'Trump accounts' for k...Tiger News
Fri, Jan 30
Today’s Market Recap: Microsoft’s AI Spending Sparks Concerns, 10% Plunge Weighs on U.S. Markets
TradingKey - On January 29, 2026, the S&P 500 Index ended lower by 9.02 points, or 0.13%, at 6,969.01. The Dow Jones Industrial Average rose 55.96 points, or 0.11%, to close at 49,071.56. The Nasdaq Composite fell 172.33 points, or 0.72%, to close at 23,685.12.
TradingKey
Fri, Jan 30
Trump Says He Will Announce Fed Pick Friday Morning
President Donald Trump said he would be announcing his pick for a nominee to chair the Federal Reserve on Friday morning, signaling an end to a months-long process that has spurred speculation over the future of the world’s most powerful central bank.Trump, when asked at an event Thursday evening wh...Tiger News
Fri, Jan 30
Post-Bell｜S&P 500, Nasdaq Close Down; Sandisk Soars 15%; Deckers Jumps 14%; Meta Surges 10%; Microsoft Plunges 10%; KLA Down 8%
01 Stock MarketThe U.S. major indexes closed as follows: the Dow Jones Industrial Average up 0.11% at 49,071.56; the S&P 500 down 0.13% at 6,969.01; and the Nasdaq Composite down 0.72% at 23,685.12.Big tech and AI-linked names showed unusual moves as earnings and AI spending recalibrated expectation...Tiger News
Thu, Jan 29
Top Calls on Wall Street: Meta, Microsoft, Tesla, Nvidia, ASML, IBM, Disney, Starbucks, and More
Here are the biggest calls on Wall Street on Thursday:Bank of America reiterates Meta as buyThe firm said Meta earnings show the Instagram parent is firing on all cylinders.“Robust 4Q beat and a notably stronger 1Q outlook.”Deutsche Bank reiterates Microsoft as buyDeutsche lowered its price target o...Tiger News
Thu, Jan 29
US Stocks Slip as Traders Weigh Billions in AI Spending Plans
US equities dropped on Thursday as traders sifted through the winners and losers among big-spending technology names, offsetting optimism that Republicans and Democrats may strike a deal to avoid a US government shutdown.The S&P 500 Index fell 0.8% at 10:07 a.m in New York. Energy stocks climbed alo...Tiger News
Thu, Jan 29
Copper Stocks and ETFs Jump as Copper Hits Record High Above $14,000
Copper prices hit a record high of more than $14,000 a metric ton on Thursday, as speculators extended their buying spree, encouraged by expectations of strong demand and supported by a weak dollar and geopolitical concerns.Copper stocks and ETFs jumped. Southern Copper, United States Copper Index F...Tiger News
Thu, Jan 29
Carvana Stock Rallies as Analysts Refute Short Report
Carvana shares rallied 5.6% in premarket trading as analysts refuted short report.BTIG has reiterated its Buy rating and $535.00 price target on Carvana despite the stock facing significant pressure due to circulating allegations about the company’s relationship with DriveTime.The research firm main...Tiger News
Thu, Jan 29
Alibaba Weighs Boosting AI and Cloud Investment to RMB 480 Billion, LatePost Reports
Alibaba is considering increasing its investment in artificial intelligence infrastructure and cloud computing over the next three years to about RMB 480 billion, up from a previously discussed level of RMB 380 billion, according to Chinese technology publication LatePost, which cited people familia...Tiger News
Thu, Jan 29
Pre-Bell | U.S. Futures Rise; IBM Surges 10%; Meta Jumps 8%; Tesla Gains 3%; Microsoft Sinks 7%; SAP Tumbles 15%
U.S. stock index futures edged higher on Thursday, as investors weighed another surge in AI-related spending from the tech mega-caps and the Federal Reserve held rates steady as expected.Market SnapshotAt 06:55 a.m. ET, Dow E-minis were up 31 points, or 0.06%, S&P 500 E-minis were up 10.25 point...Tiger News
Thu, Jan 29
SAP Plunges as Cloud Backlog Miss Sparks AI Competition Concerns
US-listed SAP SE shares tumbled 13.8% in morning trading as current cloud backlog in the fourth quarter slipped to a level that Chief Executive Officer Christian Klein previously said would be a “disappointment,” adding to worries of how artificial intelligence will disrupt the software industry.Its...Tiger News
Thu, Jan 29
Rare Earth Stocks Sink as US Said to Move Away from Critical Mineral Price Floors
The Trump administration is stepping back from plans to guarantee a minimum price for U.S. critical minerals projects, Reuters reported late Wednesday, sending shares of rare earth companies sharply lower in premarket trading on Thursday.USA Rare Earth fell 9%; NioCorp Developments, Critical Metals,...Tiger News
Thu, Jan 29
Some Chip Stocks Jump Again With Lam Research up 6%, Western Digital and ASML up 5%
Some chip stocks jumped again in premarket trading. Direxion Daily Semiconductors Bull 3x Shares rose 3%; VanEck Semiconductor ETF rose 1%; Lam Research rose 6%; Western Digital and ASML rose 5%; SanDisk and Applied Materials rose 3%; KLA-Tencor, Micron, Seagate, and STMicroelectronics rose 2%.Tiger News
Thu, Jan 29
Premarket Movers | IBM Surges 8%; Meta Jumps 7%; Tesla Gains 3%; Microsoft Drops 5%; SAP Sinks 12%
IBM beat Wall Street estimates for fourth-quarter revenue and profit on Wednesday, as the rapid adoption of AI boosts demand for its software services, ranging from managing vast amounts of data to automating IT processes. Shares of the company rose 8% in premarket trading.Instagram-owner Meta boos...Tiger News
Thu, Jan 29
Alphabet Q4 Preview | Google Cloud Growth and Margin Expansion Are Key Catalysts; Gemini Traffic Gain Helps Core Search Business
Alphabet is expected to report its fourth quarter 2025 earnings after the market closes on Wednesday, 4 February 2026.Here are consensus expectations from Tiger Trade for Alphabet's Q4 earnings:Revenue: $111.4 billion, up 15.34% YoYEPS: $2.63, up 23.65% YoYSource: Tiger Trade AppWhat To Look For In ...Tiger News
Thu, Jan 29
Featured Tools
Top News
Qualcomm Stock Holds Rising Trendline as Amazon AI Deal Puts $182.70 Breakout in Focus
SpaceX Stock Price Forecast: As Stock Lockups Intensify, Can SPCX Peak at $225 by 2027?
The Week Ahead: September FOMC Rate Decision and Dot Plot Ahead, Trip.com and Lennar Earnings in Focus
Anthropic Targets $2 Trillion Valuation as 2026 US IPO Proceeds Hit Record, Yet New Stocks Lag Market
Tesla Stock Price Forecast: Morgan Stanley Sees Semi Truck Generating $17 Billion in Software Revenue, Can the Stock Continue Its Recovery?
Market Movers
Ethereum (ETHUSD) Is down 1.22% on Sep 13: What Do On-Chain Data and Market Sentiment Show?
7 hours ago
ETHUSD
--
XRP (XRPUSD) Is down 1.08% on Sep 13: What Do On-Chain Data and Market Sentiment Show?
7 hours ago
XRPUSD
--