Core Viewpoint - The semiconductor and microchip industry continues to experience explosive demand, which has positively influenced the stock market despite recent volatility [1] Industry Summary - The demand for semiconductors and microchips has been a significant driver of market performance over the past few years, indicating a robust growth trajectory for the industry [1]

Core Viewpoint - The company emphasizes providing actionable and clear investment ideas through independent research, aiming to help members outperform the S&P 500 and mitigate significant losses during market volatility [1] Group 1 - The service offers at least one in-depth article per week focused on investment ideas [1] - Members have reportedly achieved better performance than the S&P 500 while avoiding substantial drawdowns in both equity and bond markets [1] - A trial membership is available to assess the effectiveness of the company's investment methods [1]

（来源：财闻） | | | | Top Assets by Market Cap | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | All assets, including public companies , precious metals , cryptocurrencies | | | ETFs | | | | Rank 4 | Name | | | Market Cap 0 | � Price | Today | Price (30 days) | Country | | 1 | | Gold GOLD | | $32.265 T | $4,640 | 0.90% | | | | 2 | | Silver SILVER | | $5.070 T | $90.08 | 4.33% | | | | 3 | 0 | NVIDIA NVDA | | $4.523 T | $185.81 | 0.47% | | USA | | 4 | | Alphabet (Google) GOOG | | $4.061 T ...

该行指出，博通认可英伟达(NVDA.US)在人工智能领域的创新步伐，而这实际上对博通有利，因为博 通是唯一一家能够帮助XPU客户跟上英伟达路线图发展步伐的公司。 博通凭借其众多技术创新，在竞争对手和客户中脱颖而出，堪称独占鳌头。 分析师补充称："从3D芯片堆叠和400G串行器/解串器(serdes)等技术创新，到供应链规模，再到对自有 基板制造的投资，以及可能实现无中介层制造的新技术，博通在各个层面上的持续创新，是任何竞争对 手和客户都无法匹敌的。" 智通财经APP获悉，Bernstein分析师Stacy Rasgon重申了对博通(AVGO.US)的"跑赢大盘"评级，目标价为 475美元。该行分析师驳斥了博通面临的竞争威胁担忧，并指出该公司在人工智能专用集成电路(ASIC) 领域拥有领先地位，其创新和执行力无与伦比。 Bernstein此前与博通管理层举行了会议，并指出对人工智能领域日益激烈的竞争的担忧被夸大了。投资 者尤其关注日益激烈的竞争以及客户自有工具(COT)对博通人工智能领域主导地位的影响。 分析师称："昨天我们花了将近一个小时和博通芯片总裁Charlie交流(与其说是交流，不如说是指导)， 他非常 ...

智通财经APP获悉，摩根士丹利援引半导体行业顶级贸易机构数据指出，11月全球半导体销售略有放 缓，但存储芯片市场依旧表现亮眼。 据美国半导体行业协会(SIA)数据，11月半导体销售额环比增长7.1%，低于摩根士丹利此前预测的 10.4%，但显著高于10年历史均值2.5%。这家投行补充称，该指标三个月同比增速攀升至29.8%，较此 前的27.2%进一步加快;单月同比增幅更是飙升至29.5%。 分析师对此表示："当前市场的核心背景是，芯片供应严重短缺迫使行业增长节奏更趋平稳，而12月芯 片价格已出现实质性大幅上涨。" 模拟芯片板块在11月同样表现疲软，销售额环比下滑4.4%，降幅超出摩根士丹利预测的3%，也高于10 年历史均值的3.2%。量价方面，销量环比下降2.4%，差于历史均值2%的降幅;平均售价环比下跌2.1%， 跌幅同样大于历史均值的1.2%。 微控制器同样未达预期，销售额环比大跌7.3%，大幅落后于分析师预测的零增长，也显著低于历史均 值0.6%的降幅。其中销量环比暴跌9.2%，远差于历史均值2.9%的降幅;平均售价环比下降2%，略优于历 史均值2.8%的跌幅。 微处理器销量基本符合预期，环比微降0.3 ...

A fresh look at global semiconductor supply chains is reshaping analyst views as hyperscaler demand accelerates and memory constraints tighten across the industry. • Advanced Micro Devices shares are climbing with conviction. What’s driving AMD stock higher?Hyperscalers Tighten Memory Supply, Prices RiseAfter a recent Asia trip, KeyBanc analyst John Vinh updated several semiconductor ratings and forecasts, pointing to hyperscaler-driven demand that is tightening memory supply and reshaping winners and loser ...

Key Points Semiconductor stocks have been some of the hottest performers of the AI revolution. Broadcom is uniquely positioned to benefit from secular tailwinds fueling investments across the AI infrastructure value chain. Broadcom stock is trading at a modest valuation and looks poised for a breakout. 10 stocks we like better than Broadcom › The artificial intelligence (AI) revolution has transformed companies in just about every major sector of the economy. In the technology industry, no compa ...

Core Insights - The tech sector is expected to remain a key player in 2026, with several growth stocks poised for significant returns [2] Company Summaries Alphabet Inc. (GOOGL) - Alphabet has reached a valuation of $4 trillion, with a stock price increase of 73% over the past year, currently trading at $332 [3] - The integration of Google's Gemini AI into Apple devices marks a significant collaboration, enhancing scalability and monetization opportunities [4] - In Q3, Alphabet's revenue grew 16% year over year to $102.3 billion, driven by Google Search ($56.6 billion, up 15%), YouTube advertising ($10.3 billion, up 15%), and subscriptions/platforms ($12.9 billion, up 21%) [5] - The cloud computing segment saw a 34% revenue increase to $15.2 billion, with a backlog of $155 billion, indicating strong future growth [6] MercadoLibre (MELI) - MercadoLibre, often referred to as the Amazon of Latin America, has seen a stock price increase of 23.56% this year, currently priced at $2,149 [7] - The company reported 77 million active buyers in Q3, a 26% increase, and a 39% increase in items sold [8] - Revenue from the advertising segment jumped 63%, with technology investments improving cost efficiency and margins [9] - MercadoLibre has over 72 million active monthly users in its fintech services, reflecting a 29% increase, and is positioned for continued growth in both e-commerce and financial sectors [10] Broadcom (AVGO) - Broadcom's stock has gained 56% over the past year, currently trading at $352 [11] - The company specializes in mainframe software, cybersecurity, and customized computing units, positioning itself as an alternative to Nvidia [12] - In Q4, Broadcom's semiconductor revenue reached $6.5 billion, a 74% year-over-year increase, contributing to an overall revenue of $18 billion, up 28% [13] - The AI semiconductor segment accounts for over a third of total revenue, with expectations of 100% growth in Q1, indicating strong potential for 2026 [14]

On Dec. 11, 2025, Broadcom Inc. ( AVGO ) reported its fourth-quarter and full-year 2025 earnings. Revenue for the quarter hit $18.02 billion, outpacing estimates by 3.18% . Meanwhile, adjusted EPS came in at $1.95, which also toppedRick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. ...

On Dec. 11, 2025, Broadcom Inc. ( AVGO ) reported its fourth-quarter and full-year 2025 earnings. Revenue for the quarter hit $18.02 billion, outpacing estimates by 3.18% . Meanwhile, adjusted EPS came in at $1.95, which also toppedRick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. ...