Zhipu AI shares surge 37% following completion of 1GW data center using domestic chips

Zhipu AI (Z.ai) shares rebounded significantly after the company completed a 1-gigawatt data center utilizing exclusively Chinese-manufactured semiconductors. This development signals a potential breakthrough in domestic AI infrastructure capabilities amid ongoing international export restrictions on high-end chips. It remains uncertain whether the facility's performance metrics match those of systems powered by restricted Western hardware.