9月13日，对原产于美国的模拟芯片发起反倾销立案调查； 同一天，对美国对华集成电路领域相关措施发起反歧视立案调查； 9月15日，判定英伟达违反反垄断法，进一步调查英伟达…… 三"反"齐下，战鼓声声，是中国在芯片战中反击美国。 过去，美国在芯片产业上对中国处处设限，中国基本上没有还击。但这一次，中方终于出手。 导火索或许就是几天前：9月12日，美国商务部工业与安全局发布最新规定，将32家实体列入出口管制"实体清单"。其中，23家实体位于中国，有多家涉 及芯片业务。 还有一个原因，是为中美在西班牙举行的近期第四轮经贸会谈增加砝码。 "边打边谈，以打促谈，以打促和"。 英伟达何罪？ 最近，英伟达刚刚获得美国政府审批，可以对中国重新销售H20芯片，又遭当头一棒。 当然，这回这一棒是中国政府敲的。 市场监督管理总局9月15日官网的一则通告称，英伟达违反《反垄断法》，市场监管总局将实施进一步调查。 通告很简单，除了提及英伟达违反《反垄断法》，还提及了此前一桩违反反垄断法的收购案。这是怎么回事？ 这其实是一个老案子。 2024年12月9日，市场监管总局就曾发布通告，称英伟达涉嫌违反反垄断法，决定立案调查，而此番是确定其违法 ...

从人工智能产业链来讲，硬件等基础设施是最早开始投入的。无论大模型训练和后期的推理都需要大量的算力支持，因此，各大科技巨头都在持续 投资数据中心。 IDC中国研究总监刘丽辉对智通财经记者表示，博通、甲骨文的大AI订单均来自OpenAI等大模型客户，很清晰地体现出了从大模型需求到智能算力 需求持续扩张、到AI定制化芯片需求快速增长的产业链传导关系，充分说明了最终用户需求才是驱动市场快速发展的硬道理。 Gartner数据显示，2024年，全球云计算市场规模达6929亿美元，同比增长20.2%；中国信息通信研究院数据显示，2024年，中国云计算市场规模达 到8288亿元，同比增长高达34.4%。预计到2030年，全球云计算市场规模云计算将接近2万亿美元，而我国有望突破3万亿元大关。 由于海外算力链高度景气，中国算力链有望与海外共振，产业链相关公司业绩同样值得期待。 AI基础设施投入竞赛 近日，云服务供应商甲骨文（Oracle）对云业务的积极展望，给本就火爆的全球AI（人工智能）产业链又一次"加柴添火"。 过去一周，在甲骨文最新财报的催化下，不仅甲骨文股价一度大涨30%，英伟达等算力芯片厂商股价也跟着上涨。这并非个例， ...

或许有人会说，博通、甲骨文股价暴涨，是不是全靠 "AI概念炒作"？ 毕竟甲骨文的ROP（剩余履约义务）虽暴增，但里面很多是 "远期意向"，不是真正到手的收入，博通 的ASIC芯片也还没完全替代英伟达的GPU，现在的高估值会不会是泡沫？ 从另一个角度看，这种对 "概念炒作" 的警惕有道理，但忽略了二者业绩增长的 "实然支撑"。 甲骨文的RPO虽含远期订单，但4550亿美元的规模里，有OpenAI、Meta等巨头的长期合作打底，且其 云基础设施营收同比增长55%，这是实实在在的业务转型成果，不是单纯 "画饼"。 博通更不用说，本季度AI业务收入达52亿美元，还新增了超100亿美元订单的客户，ASIC芯片在谷歌 TPU供应链里的地位也已明确。 这些都不是 "虚头巴脑的概念"，而是有营收、有订单、有产业链卡位的硬支撑。当然，高估值里确实 有 "AI预期" 的成分，但核心还是基于业务基本面的增长，不能简单归为 "炒作"。 或许还有人质疑，甲骨文靠 "高杠杆建数据中心"、博通依赖少数大客户（谷歌、Meta等），这种模式 能持续吗？万一未来AI需求降温，或者大客户转向其他供应商，这两家公司会不会很快 "掉下来"？ 当前AI ...

Broadcom Inc (NASDAQ: AVGO) has soared a whopping 140% since early April, yet Jim Cramer insists the artificial intelligence (AI) stock is only "getting cheaper†over time. The former hedge fund manag... ...

China's market regulator said on Monday that Nvidia Corporation ( NVDA ) violated the country's anti-monopoly law, but the brief statement didn't elaborate on how. Nvidia was down around 2.8% in pre-market trading, dragging theI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one wo ...

China's market regulator said on Monday that Nvidia Corporation ( NVDA ) violated the country's anti-monopoly law, but the brief statement didn't elaborate on how. Nvidia was down around 2.8% in pre-market trading, dragging theI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one wo ...

In this article, I want to present you with an analysis of Broadcom (NASDAQ: AVGO ). And I want to describe to you one very important factor that I noticed and that, in my opinion, the marketI started trading on the Moscow Exchange in 2005 as a private trader. Since 2010, I have been a financial markets analyst. I worked as an analyst in several brokerage companies in Russia and then in Ukraine since 2018. I also worked for a leading financial media outlet in Ukraine, covering global markets for Ukrainian r ...

We recently published 10 Stocks Jim Cramer Discussed As He Talked About President Trump & Trillionaires. Broadcom Inc. (NASDAQ:AVGO) is one of the stocks Jim Cramer recently discussed. Like Oracle, Broadcom Inc. (NASDAQ:AVGO)’s shares have also been on the AI investor radar in September. The stock is up by 15.6% over the past month, with media reports attributing the rise to the firm’s latest earnings report and a new $10 billion dollar custom AI chip contract. This contract is reportedly from OpenAI. Cra ...

Shares of Broadcom Inc (NASDAQ:AVGO) were last seen up 0.4% at 361.20, after Macquarie Securities initiated coverage on the chipmaker with an "outperform" rating and $420 price target. The firm cited Broadcom's strength in the specialized chip market. Macquarie isn't the only firm bullish on Broadcom -- heading into today, 34 of the 39 analysts covering the stock recommend a "strong buy."The stock is not far removed from a 9.4% post-earnings pop  on Sept. 5, fueled by renewed interest in its AI capabilities ...

Wall Street is assessing the latest quarterly results from some of the major AI companies to gauge the health of the market and clues on spending and demand from hyperscalers. Many top AI companies posted strong results and issued mind-boggling forecasts, cementing predictions that the AI revolution is just getting started. Some analysts believe the insane pay packages being offered to the top tech talent is another sign of growing demand in the industry.Alex Heath, The Verge deputy editor, said in a recent ...