Cheap Chinese AI models like Kimi K3 could boost demand for Nvidia and Micron chips

Moonshot AI's cheap Chinese model Kimi K3 could drive a surge in enterprise AI workloads, paradoxically boosting demand for chips from Nvidia and Micron. Lower AI model costs encourage more businesses to run more compute-intensive tasks, creating a long-term tailwind for chipmakers. Analysts view affordable Chinese AI as a potential boon rather than a pure threat to US chip stocks.