Large models are truly terrifying investment targets. When GLM5.2 first came out, its benchmark scores were hyped to the max, and the stock price shot up from 1000 to 3000. These past couple of days, KIMI is being hyped again, but when you look back, it's already at 890, and there's still a big unlock coming up. The question is, how long can KIMI stay hyped? Will the next one be DEEPSEEK or Hunyuan? In such a fiercely competitive track, betting on the winner feels like an impossible mission.