Pacificview's Market Value Surpasses $50 Billion, Stock Price Hits $12,000, a New High; Nvidia Orders H20 Chip Production Suspension
Pacificview News August 22 | Pacificview-U (688256.SH) further surged in the afternoon, up 17%, at $12,012.11, setting a new high, with market value surpassing $50 billion; the stock has risen 84% y
Pacificview News August 22 | Pacificview-U (688256.SH) further surged in the afternoon, up 17%, at $12,012.11, setting a new high, with market value surpassing $50 billion; the stock has risen 84% year-to-date.
On the news front, according to The Information, Nvidia has ordered the suspension of H20 chip production. Meanwhile, DeepSeek released an official announcement "DeepSeek-V3.1" which mentions that it uses UE8M0 FP8 Scale's parameter precision. Additionally, V3.1 made significant adjustments to the tokenizer and chat template, differing significantly from DeepSeek-V3. The official WeChat account of DeepSeek left a message on top saying that UE8M0 FP8 is designed for the upcoming next-generation domestic chip.