[Bloomberg: Moonshot Launches Kimi K3 Model, Shaking Global AI and Chip Stocks] According to Bloomberg, Chinese AI startup Moonshot has unveiled its next-generation large model, Kimi K3, claiming to surpass Anthropic Opus 4.8 in certain cutting-edge benchmarks and approaching the performance levels of top-tier models like OpenAI. This has sparked market concerns over AI capital expenditures and chip demand. Following the announcement, the Bloomberg Asia Semiconductor Index dropped over 6%, while Nasdaq 100 futures fell approximately 2%, marking a new wave of 'Chinese model shock' after DeepSeek V4. Kimi K3 is an open-weight model with approximately 2.8 trillion parameters, supporting a context of up to 1 million tokens. Its pricing is roughly equivalent to Anthropic Sonnet, but reportedly its overall cost is about half that of Claude Opus and GPT-5.5.