Today, Chen Liwu's speech boosted the CPU sector again, with ARM showing the largest increase. In fact, in early to mid-April, CPUs became a key component of proxy AI. A highlight of Chen Liwu's speech today was his first mention of a CPU-to-GPU ratio approaching 1:1, moving away from the previous 1:8. In Intel's earnings call in late April, he also mentioned a move towards 1:4, representing a significant increase in the ratio and naturally stronger market expectations. The tweet from mid-April also explicitly mentioned that the CPU shortage would benefit US stocks like Intel, AMD, and ARM. A month later, all three stocks have seen substantial gains: Intel has doubled, while AMD and ARM have risen by approximately 60-70%. However, it's worth discussing that ARM had the largest increase among the three stocks today: firstly, ARM has the lowest market capitalization; secondly, the market may have recognized that in the era of proxy AI, the ARM architecture actually has advantages over the x86 architecture, as discussed in the mid-April tweet. Therefore, Nvidia's Vera CPU, and the self-developed CPUs of Amazon, Google, and Microsoft all use the ARM architecture.

Its biggest advantage lies in its cost-effectiveness in terms of energy consumption and computing power.

Yes