Shanghai: China's artificial intelligence stocks experienced a surge after Nvidia CEO Jensen Huang endorsed the AI chatbot OpenClaw, labeling it as a significant breakthrough and "definitely the next ChatGPT."
According to Anadolu Agency, Huang's comments, made during an interview with CNBC, emphasized OpenClaw's potential to expand user capabilities with artificial intelligence. This endorsement led to a marked increase in the stock prices of several Chinese AI firms developing products around OpenClaw. In Hong Kong, MiniMax's stock jumped by 20%, while Knowledge Atlas Technology, known as Zhipu, saw a rise of 19.5%. Both companies have been enhancing their agentic AI offerings and introducing tools based on OpenClaw.
MiniMax and Zhipu are considered part of China's 'AI tigers,' a group of startups focused on developing large language models that challenge international competitors like OpenAI and Anthropic. Zhipu recently launched its open-source GLM-5 model, promoting it as a superior option for coding and extended agent-driven tasks. The company claims its model delivers performance on par with Anthropic's Claude Opus 4.5 on coding benchmarks and surpasses Google's Gemini 3 Pro in certain areas, though these claims remain unverified.
SenseTime, which has redirected its focus from facial-recognition technology to AI software, saw a 1.5% increase in its shares after integrating one of its AI assistants with OpenClaw. Additionally, Shanghai-listed cloud computing firm UCloud Technology experienced a gain of 13.2%.
Huang's remarks also positively impacted broader Asian tech stocks. South Korea's SK Hynix surged nearly 9%, and Samsung Electronics advanced by 7.5%, as Huang projected that purchase commitments for Nvidia's Blackwell and Vera Rubin platforms could reach $1 trillion by 2027.