Apple introduced the AirPods Max 2, upgrading its over-ear headphones with more powerful noise cancellation and a handful of features that have already rolled out to the AirPods Pro line in recent years. https://t.co/o1HsUsmCpe ...

Apple quietly launches AirPods Max 2 https://t.co/sm1M5DkLQH ...

Sign up here. Currently, the segment is largely dominated by Japan's Sony Group (6758.T), opens new tab, Bose and Sennheiser. Powered by Apple's in-house H2 chip, which runs the latest range of AirPods devices, the new headphones will be available to order from March 25 in more than 30 countries, with retail availability beginning early next month, the company said. Apple unveils second-generation AirPods Max at $549, more than five years after debut | Reuters Skip to main content Exclusive news, data and a ...

2025 年 12 月 3 日，英伟达的首席执行官黄仁勋悄然步入白宫的椭圆形办公室，与美国总统唐纳德· 特朗普举行了一对一的闭门会晤。除二人外，再无旁人知晓这次会谈的具体内容。事后，黄仁勋仅 以双方"泛泛讨论了出口管制问题"轻描淡写地带过，特朗普团队则三缄其口。但在短短五天后，特 朗普就与英伟达联合宣布了一项戏剧性的政策转向：此前被定为重罪的对华出口英伟达旗舰芯片 H200 ，不仅突然获得许可，更被塑造成一项备受"欢迎"的新财源——美国政府将从每颗销往中国的 该型号芯片的销售额中提取 25% 作为分成。 | A PARKET LEGENCE | . | PA285 PATENERS AT | 91 - 35 | Sylliadir-Station (1998) | 1 5555 | FLAND DEV EXPORTS | 1 504 | CALERSONAL INSEE | 1 0555 | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

证券研究报告|传媒 [Table_Title] 苹果下调中国区 Apple Store 佣金率，利好 内容端公司盈利能力改善 [Table_ReportType] ——传媒行业跟踪报告[Table_ReportDate] [行Table_Summary] 业核心观点： 上周传媒行业（申万）下跌 3.23%，居市场第 27 位，跑输沪深 300 指数 3.42pct，跑输创业板指数 5.74pct。年初至今，传媒行业（申万）累计 涨幅 0.91%。上周苹果宣布下调中国 Apple Store 佣金率。我们认为，此 次苹果下调中国区 Apple Store 佣金率，本质是平台在监管导向与市场 竞争双重压力下，主动为开发者让出更多收入空间，推动渠道与内容方 的利益分配走向更均衡的新平衡点。对 iOS 渠道占比高、用户付费能力 强、ARPPU 水平突出的长线运营产品而言，盈利端的改善将最为直接且显 著；同时，符合小型开发者计划及订阅优惠费率的团队，也将从 15%降至 12%的费率调整中获得切实缓冲。 从中长期来看，游戏行业供给端新品持续释放，版号常态化趋势稳固，结 合行业生态产业链中的龙头公司政策调整，行业长期成长潜 ...

Core Insights - The major cloud service providers, including Alphabet's Google Cloud, Microsoft Azure, and Amazon AWS, are experiencing significant revenue growth driven by the integration of generative AI and large language models into their platforms, with Google Cloud reporting a 48% year-over-year sales growth in Q4 [1] - The four hyperscalers—Alphabet, Meta Platforms, Microsoft, and Amazon—are projected to collectively invest nearly $700 billion in AI data center infrastructure by 2026, highlighting their commitment to AI development [5] - S&P 500 companies are also aggressively investing, with an estimated $1 trillion spent on stock buybacks in 2025, surpassing the investments in AI infrastructure [10][12] Group 1: AI Infrastructure Investments - Google Cloud is the third-largest cloud infrastructure provider, showing strong growth alongside AWS and Azure, which are also benefiting from AI advancements [1] - The cash flow generated from their core operations allows these hyperscalers to fund substantial investments in AI data centers [2] - The integration of AI into advertising platforms, particularly for Meta, has enhanced ad sales growth, indicating the broader impact of AI on revenue generation [6] Group 2: Stock Buybacks - S&P 500 companies have prioritized stock buybacks, spending $249 billion in Q3 2025 and over $777 billion in the first three quarters of the year, with estimates suggesting total buybacks exceeded $1 trillion for the first time in history [10] - Companies like Apple, Alphabet, and Meta have been significant participants in stock repurchases, with Alphabet spending $346 billion over the past decade [11] - The high valuations in the stock market, as indicated by the Shiller P/E ratio, have led companies to engage in buybacks to enhance earnings per share (EPS) and counteract share dilution from stock-based compensation [12][14]

此外， 美股芯片存储板块盘前普涨。美光科技涨超4%，闪迪、西部数据涨超3%，希捷科技涨近 3%。 此外， Nebius美股盘前大涨14%， 据报道，Meta计划在未来五年，就与Nebius的人工智能交易支 出高达270亿美元。 编辑 ｜ 钉钉 3月16日，美股大型科技股盘前多数上涨，截至发稿， Meta涨超2%， 英伟达、特斯拉涨1%，苹 果、微软、亚马逊、谷歌均上涨。 ...

Group 1: Fixed Income/Banking - The report highlights a strong start for foreign trade in 2026, with total imports and exports reaching 7.73 trillion yuan, a year-on-year increase of 18.3%, marking a historical high for the same period [2][9] - The report anticipates that the 10-year government bond yield will fluctuate between 1.6% and 1.9% in 2026, with potential lows of 1.75% in Q1 and 1.70% in Q2 [2][12] Group 2: Agriculture, Forestry, Animal Husbandry, and Fishery - The report indicates that the pig price has fallen below cash costs, with the latest price at 10.07 yuan/kg, leading to negative cash flow in the industry [2][13] - The macroeconomic sentiment is expected to support rising agricultural product prices, driven by increasing costs and demand for substitutes, particularly due to geopolitical tensions affecting oil prices [2][20] Group 3: North Exchange - The Nvidia GTC2026 conference is expected to drive the demand for liquid cooling systems, with AI clusters pushing power consumption to 120kW-150kW, making liquid cooling a necessity for sustainable AI data centers [2][22] - The report identifies 11 companies in the North Exchange liquid cooling server supply chain, indicating a growing market projected to reach 294 billion yuan by 2025 [2][23] Group 4: Public Utilities and Environmental Protection - The "14th Five-Year Plan" emphasizes stricter carbon emission controls and the rapid development of carbon markets, with a focus on zero-carbon parks and green fuels [2][30] - The report suggests that the domestic natural gas supply will be increasingly important, with stable production growth and geopolitical factors supporting gas prices [2][33] Group 5: Pharmaceuticals - The report notes that the PD1 plus sector is expected to see numerous catalysts, with a focus on companies like Kangfang Biologics and Shanghai Yizhong, which are well-positioned for growth [2][5] Group 6: Media - Apple's reduction of App Store commission rates from 30% to 25% is expected to benefit gaming and related companies, with major internet firms like Tencent and Alibaba set to release earnings reports [2][6] Group 7: Automotive - The report discusses the acceleration of Robotaxi commercialization in the U.S. due to new legislation, which is expected to resolve key regulatory issues and promote industry growth [2][7]

Half a year before Apple is expected to unveil its first foldable iPhone, a Chinese rival has solved the biggest compromise with such devices to date: the crease https://t.co/N32podKwaW ...

如果您希望可以时常见面，欢迎标星收藏哦~ 随着图像传感器良率问题的出现，行业紧张局势加剧。图像传感器是日本索尼的核心半导体业务。 尤其令人担忧的是，为iPhone生产传感器的关键工厂良率提升的延迟可能会影响苹果的供应链。 行业预测表明，从长远来看，三星电子的系统级芯片（LSI）和代工服务等非存储器业务可能会从 中受益。 据半导体行业16日消息，索尼半导体解决方案公司（索尼旗下半导体子公司）正努力提高其在日 本长崎技术中心（TEC）生产的最新CMOS图像传感器的良率。 进入苹果供应链预计将成为三星系统半导体业务的一个重要转折点。近年来，三星电子的系统LSI 和代工部门一直举步维艰，持续亏损。然而，继获得特斯拉下一代人工智能芯片的制造合同后，随 着向苹果供应图像传感器的可能性被提上日程，人们对三星系统半导体业务复苏的预期也日益高 涨。 事实上，三星电子的晶圆代工厂产能利用率近期显著提升。随着Galaxy S26系列自研移动应用处 理 器 （ AP ） "Exynos 2600" 的 量 产 正 式 启 动 ， 据 报 道 ， 平 泽 晶 圆 代 工 厂 的 产 能 利 用 率 已 超 过 80%，部分工序的产能利 ...