Investing.com报道，中国芯片股周四反弹，寒武纪涨幅超过11%，摩尔线程上涨约7%，全球半导体股反弹以及美国可能收紧对先进AI处理器获取途径的管制前景，重新将焦点放在中国的国内芯片产业上。
Investing.com -- Chinese chip stocks rallied on Thursday, with Cambricon surging more than 11% and Moore Threads gaining around 7%, as a rebound in global semiconductor shares and the prospect of tighter U.S. controls on access to advanced AI processors renewed focus on China's domestic chip industry.
中芯国际在上海上市的股票上涨2.42%，其在香港上市的股票上涨1.67%。华虹半导体上涨2.7%，芯片设备制造商北方华创上涨3.12%。
SMIC's Shanghai-listed shares rose 2.42%, while its Hong Kong-listed stock added 1.67%. Hua Hong Semiconductor gained 2.7% and chip equipment maker NAURA Technology advanced 3.12%.
这些涨幅与几家中国科技公司的疲弱形成对比，智谱AI下跌7.4%，MiniMax下跌6.1%，阿里巴巴下跌4.9%。
The gains contrasted with weakness among several Chinese technology companies, with Z.AI falling 7.4%, MiniMax dropping 6.1% and Alibaba declining 4.9%.
板块上涨紧随周三美国半导体股的强劲反弹，当时费城半导体指数上涨5.7%。
The sector's advance followed a strong rally in U.S. semiconductor shares on Wednesday, when the Philadelphia Semiconductor Index climbed 5.7%.
AI云服务提供商CoreWeave的强劲业绩有助于缓解对数据中心投资融资和可持续性的担忧，支持了对芯片制造商及其他AI基础设施供应商的需求。中国财经媒体也将隔夜反弹视为推动国内半导体股上涨的驱动力。
Strong results from AI cloud provider CoreWeave helped ease concerns about the financing and sustainability of data-centre investment, supporting demand for chipmakers and other AI infrastructure suppliers. Chinese financial media also highlighted the overnight rebound as a driver of gains in domestic semiconductor stocks.
投资者也在评估美国限制措施可能收紧的情况。《信息》报道称，商务部正在制定一项规则，以防止中国AI公司通过其他国家的数据中心远程访问先进芯片。
Investors were also assessing a potential tightening of U.S. restrictions. The Information reported that the Commerce Department was preparing a rule to prevent Chinese AI companies from remotely accessing advanced chips through data centres in other countries.
该措施可能最早于本月公布，并将现有半导体相关管制扩展到包括马来西亚、新加坡和泰国在内的七个额外国家。该提案仍在跨机构审查中，尚未最终敲定。
The measure could be announced as soon as this month and extend existing semiconductor-related controls to seven additional countries, including Malaysia, Singapore and Thailand. The proposal remains under interagency review and has not been finalised.
拟议中的限制将针对中国公司获取计算能力而无需实际进口受限制处理器的途径。据《信息》报道，腾讯、阿里巴巴和字节跳动已与海外数据中心运营商签署协议，以获取先进的英伟达芯片用于AI训练。
The proposed restrictions would target a route through which Chinese companies can obtain computing capacity without physically importing restricted processors. Tencent, Alibaba and ByteDance have signed agreements with overseas data-centre operators that provide access to advanced Nvidia chips for AI training, according to The Information.
更严格管控的前景可能会强化北京发展国产替代、减少对外国技术依赖的推动。然而，这种转变并非自动发生：中国芯片制造商在先进制造及半导体供应链的其他环节仍面临制约。
The prospect of tighter controls could reinforce Beijing's push to develop domestic alternatives and reduce reliance on foreign technology. However, the shift is not automatic: Chinese chipmakers continue to face constraints in advanced manufacturing and other parts of the semiconductor supply chain.