Core Insights - AMD is emerging as a viable investment option in the AI computing hardware sector, traditionally dominated by Nvidia [1] - Concerns exist regarding a potential AI bubble, raising questions about AMD's ability to compete effectively in the AI race [1] Group 1: AMD's Improvements and Partnerships - AMD has significantly improved its ROCm software, with downloads increasing 10x year over year, following its acquisition of Nod.ai [4] - A partnership with OpenAI has been established, where AMD will provide six gigawatts of computing power, enhancing its software capabilities [4] Group 2: Market Opportunities - AMD is prepared to pay a 15% export tax to the U.S. to access the Chinese market, specifically for its MI308 AI chip, which could lead to substantial business gains [5] - The Chinese AI market represents a significant opportunity for AMD, with potential resolution on export restrictions expected by 2026 [6] Group 3: Competitive Landscape - AMD's chips are generally cheaper than Nvidia's, which may attract companies looking for cost-effective computing solutions amid financial restraint [7] - Data center revenue for AMD could see a substantial increase, projected to rise at a 60% annual rate through 2030 [8]

每经记者｜宋欣悦 每经编辑｜程鹏 兰素英 ⑧ 【拟发20亿美元可转债，"英伟达亲儿子"CoreWeave跌1.3%】当地时间12月8日，据报道，"英伟达亲儿子"CoreWeave计划通过私募方式发行2031年到期 的可转换优先票据，规模为20亿美元。这笔新发债将进一步推高该公司已然沉重的债务负担。截至9月底，CoreWeave的债务总额已达140亿美元。市场担 忧未来潜在的股权稀释风险，截至发稿，CoreWeave跌1.3%。 ⑨ 【AI借贷狂潮愈演愈烈，穆迪警告：整个金融体系面临风险】当地时间12月8日，穆迪首席经济学家马克•赞迪（Mark Zandi）表示，2025年人工智能超 大规模企业通过创纪录的债券发行累积了高额债务，债务规模超过互联网泡沫破裂前夕科技企业的借贷水平。马克•赞迪警告称，市场应关注人工智能公 司的借贷问题，因其可能成为整个金融体系和经济增长的潜在威胁。 ⑩ 【医疗用品巨头Medline拟上市筹集至多53.7亿美元】当地时间12月8日，美国医疗用品巨头Medline向美国证监会提交文件，计划通过发行1.79亿股股票 筹集至多53.7亿美元，公司估值最高可达553亿美元，有望成为今年美国规 ...

Market Overview - U.S. stock futures showed volatility, fluctuating between gains and losses after declines on Monday, with major benchmark indices futures up [1] - The Federal Open Market Committee's two-day meeting is underway, with a focus on a potential rate cut decision expected tomorrow [1] - The 10-year Treasury bond yield is at 4.15%, while the two-year bond yield is at 3.58%, with an 89.4% likelihood of a rate cut in December according to CME Group's FedWatch tool [1] Futures Performance - Dow Jones futures increased by 0.04%, S&P 500 by 0.06%, and Nasdaq 100 by 0.02%, while Russell 2000 decreased by 0.06% [2] - The SPDR S&P 500 ETF Trust (SPY) rose by 0.063% to $684.06, and Invesco QQQ Trust ETF (QQQ) increased by 0.016% to $624.38 in premarket trading [2] Stocks in Focus - Ares Management Corp. (ARES) surged by 8.71% after being announced for inclusion in the S&P 500 index effective December 11 [6] - Nvidia Corp. (NVDA) increased by 1.57% following confirmation from President Trump that NVDA can ship H200 chips to approved customers in China and other countries [6] - Toll Brothers Inc. (TOL) fell by 3.49% after reporting mixed financial results for Q4 of fiscal 2025 [6] - Tesla Inc. (TSLA) declined by 0.94% after Morgan Stanley downgraded it to equal-weight due to high valuation concerns [6] - Paramount Skydance Corp. (PSKY) rose by 1.72% after launching a $30 per share tender offer to acquire Warner Bros. Discovery Inc. (WBD), valuing it at $108.4 billion [13] Economic Insights - The Comerica Economic Weekly report indicates a cooling economy and anticipates a rate reduction of a quarter percentage point at the FOMC's final meeting of the year [10] - The report highlights a weaker job market with a decline in private payrolls and rising job cuts, alongside persistent inflation pressures from food and energy costs [12]

⑥ 【诺华与英国生物科技公司Relation达成药物靶点合作协议】当地时间12月8日，英国生物科技公司 Relation Therapeutics宣布与诺华达成合作，旨在发现并推进特应性疾病的新靶点。根据协议条款， Relation将获得5500万美元初始款项，包括首付款、股权投资和额外研发资金。此外，Relation还有资格 获得至多17亿美元的临床前、开发、监管和商业销售里程碑付款，以及产品净销售额的分级特许权使用 费。截至发稿，诺华涨1.8%。 ⑦ 【雷诺与福特将针对欧洲市场开发平价小型电动车】雷诺将与福特汽车携手，针对欧洲市场合作开 发平价小型电动车，并联合生产商用货车，以降低成本。两家公司计划推出两款小型电动车，首款将在 法国北部的雷诺工厂生产，预计将在2028年展示。这两款电动车将较福特计划在美国市场推出的任何车 型都要小，并将填补福特产品线的不足。 ① 【三大期指普涨】截至发稿，道指期货涨0.05%、标普500指数期货涨0.13%、纳指期货涨0.14%。 ② 【中概股普跌】中概股盘前普跌。阿里巴巴跌1.92%，拼多多跌1.38%，百度跌3.88%，京东跌 1.3%，小鹏汽车跌2.58%。 ③ 【 ...

Intel has received numerous investments from notable companies, which has created bullish sentiment toward its stock.In today's video, I discuss recent updates affecting Intel (INTC 2.68%), Nvidia (NVDA +1.50%), Advanced Micro Devices (AMD +1.29%), and other artificial intelligence (AI) stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Dec. 5, 2025. The video was published on Dec. 5, 2025. ...

Nvidia, AMD Rise In Premarket After Trump Greenlights Sale Of Advanced AI Chips To Chinahttps://t.co/3yMNxd06Ms https://t.co/j5skRT67mR ...

Advanced Micro Devices believes ASIC AI chips will control up to 25% of the AI chip market.In today's video, I discuss recent updates affecting Advanced Micro Devices (AMD +1.44%) and other artificial intelligence (AI) stocks. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Dec. 5, 2025. The video was published on Dec. 7, 2025. ...

据新华社报道，美国总统特朗普8日表示，美国将允许英伟达向中国"经批准的客户"出售H200人工智能 芯片，芯片销售收入的25%将上缴美国政府。 特朗普当天在其社交媒体上发文称，此举将创造就业岗位，保持美国在人工智能领域的领先地位。特朗 普说，美国商务部正在敲定细节，同样做法也将适用于超威半导体公司（AMD）、英特尔和其他美国 公司。 "我们欢迎特朗普总统允许美国芯片产业参与竞争，以支持美国的高薪就业和制造业，"英伟达发言人在 一份声明中说，"向经商务部审核批准的商业客户供应H200……对美国而言是一件好事。" 据美国媒体报道，H200芯片性能高于H20，但并非英伟达目前的最高端产品。英伟达及超威半导体公司 8月同意，面向中国市场销售芯片收入的15%将上缴美国政府，以换取企业恢复向中国出口特定芯片的 政府许可。 ...

The artificial intelligence boom continues to set the tone in the global semiconductor industry, driving consistent revenue growth for chipmakers. In the third quarter, total revenue from sales of semiconductor components increased by 15.8% to $208.4 billion, with September alone by 25.1% to $69.5 billion, making some of the area’s players the top stock gainers. This sustained growth over the past year reflects strong demand for memory and logic semiconductors that power AI training and inference.In Septemb ...

在美股市场目前的夜盘交易中，英伟达涨超2%，AMD涨1.6%，英特尔涨0.4%。消息面上，美国总统特 朗普当地时间8日在社交媒体上发文宣布，美国政府将允许英伟达向中国及其他国家的合格客户出售 H200人工智能芯片(Hopper架构)，公司需将这些芯片销售收入的25%上缴美国政府。规则同样适用于 AMD与英特尔等美国企业。 ...