Core Viewpoint - Intel and AMD have notified Chinese customers about a shortage of server CPUs, with Intel warning that delivery times could extend up to six months [1][2]. Group 1: Supply Shortage - Intel's server CPU prices in China have increased by over 10% due to supply constraints, with specific prices varying based on customer contracts [1]. - AMD has also informed customers about supply limitations, with some product delivery times extended to 8 to 10 weeks [2]. - The shortage of CPUs is exacerbated by a significant backlog of unfulfilled orders for Intel's fourth and fifth generation Xeon CPUs, leading to a rationing system for shipments [1]. Group 2: Market Dynamics - The rapid growth in AI infrastructure investment has led to increased demand for AI-specific chips, impacting the supply chain and causing severe shortages in memory chips, which in turn drives up prices [1]. - Intel's market share has decreased from over 90% in 2019 to approximately 60% by 2025, while AMD's share has increased from about 5% to over 20% [3]. Group 3: Company Responses - Intel expects inventory levels to be at their lowest in the first quarter but is taking measures to improve supply conditions, anticipating gradual improvement from the second quarter through the end of 2026 [3]. - AMD has expressed confidence in its ability to meet global customer demand due to robust supplier agreements and its supply chain system, including partnerships with TSMC [3]. Group 4: Causes of Shortage - The CPU shortage is attributed to multiple factors, including Intel's ongoing manufacturing yield challenges and AMD's reliance on TSMC, which prioritizes AI chip production, limiting CPU capacity [4]. - The shortage of memory chips, a critical component for servers, has also intensified the CPU supply issues, as customers accelerated CPU purchases to secure lower memory prices [4].

据知情人士称，英特尔和AMD已向中国客户通报了服务器中央处理器（CPU）的供应短缺情况，英特 尔警告称交付周期最长可达六个月。 其中一位知情人士称，供应紧张的情况导致英特尔的服务器产品在中国的售价普遍上涨了 10% 以上， 不过具体价格会因客户合同而有所不同。 对AI基础设施的投资持续增长，引发了对AI专用芯片以及供应链其他环节产品的大规模需求热潮，其 中最为突出的是存储芯片领域，其价格持续飙升。 据消息人士称，这些针对中国客户的通知是在最近几周发出的，表明CPU 缺货问题愈发严重了。这可 能会给人工智能公司以及众多其他制造商带来更大的挑战。 此外，内存芯片（也是服务器的关键组件）的短缺也加剧了供应短缺。据第三位消息人士（一家同时销 售服务器CPU和内存产品的分销商）称，去年底中国内存价格开始上涨时，客户加快了CPU的采购速 度，以锁定更低的内存价格。 对智能体AI系统（能够执行复杂的多步骤操作，而不仅仅是简单的聊天机器人功能）的激增需求进一 步加剧了供应紧张。这些高级应用需要比传统工作负载高得多的CPU处理能力。 据两位知情人士透露，在中国市场（占英特尔总收入的20%以上），英特尔第四代和第五代至强处理器 ...

BEIJING, Feb 6 (Reuters) - Intel (INTC) and AMD (AMD) have notified Chinese customers of supply shortages for server central processing units (CPUs), with Intel warning of delivery lead times of up to six months, people with knowledge of the delays said. The supply ​constraints have driven up prices for Intel's server products in China by more than 10% generally, although pricing varies by ‌customer contract, according to one of the people. Booming investment in artificial intelligence infrastructure has ...

Market Overview - Global markets experienced a significant downturn, with major U.S. stock indices falling sharply; the Dow Jones dropped approximately 600 points, and the Nasdaq fell nearly 2% [1] - Technology stocks collectively declined, with notable drops in major companies [1] Company Performance - Qualcomm's stock fell by 7.58% to $137.61 after providing a lower-than-expected earnings guidance due to global memory shortages [2] - Alphabet, the parent company of Google, saw its stock decrease by 4% to $318.32, as it announced a substantial increase in AI-related capital expenditures, potentially reaching $185 billion by 2026 [6] - Other tech giants also faced declines, including Oracle (-4.55%), Amazon (-4.38%), and Tesla (-3.66%) [2] Commodity Market - Precious metals experienced a sharp decline, with silver prices plummeting over 16% [2] - Oil prices also saw a significant drop, contributing to the overall market downturn [3] Cryptocurrency Market - Bitcoin fell below the $70,000 mark, reaching $67,000, indicating a loss of interest from traditional investors and a growing pessimism towards cryptocurrencies [4] - The ongoing sell-off in the cryptocurrency market is attributed to diminishing confidence in Bitcoin as a store of value and inflation hedge [4] Economic Indicators - Concerns about a weakening labor market have intensified, with U.S. employers announcing 108,435 layoffs in January, the highest number for that month since the global financial crisis [6] - Initial jobless claims for the week ending January 31 also exceeded expectations, indicating potential economic challenges [6] - The U.S. Bureau of Labor Statistics reported that job vacancies fell to their lowest level since September 2020 by December 2025 [7]

Group 1 - U.S. chip stocks experienced an upward trend on February 5, with Broadcom rising over 4% [1] - Intel saw an increase of more than 3% [1] - Other notable gainers included TSMC, ASML, AMD, Applied Materials, and NVIDIA, each rising over 1% [1]

公众号记得加星标⭐️，第一时间看推送不会错过。 英特尔本周宣布，正与软银旗下子公司SAIMEMORY合作，将Z角内存（ZAM）商业化。ZAM是一 种先进的DRAM，可将内存模块垂直堆叠。虽然ZAM芯片预计至少三年内无法上市，但最终可能会 取代目前因人工智能蓬勃发展而需求旺盛的高带宽内存（HBM）。 内存带宽目前是人工智能处理的主要瓶颈，因为各组织机构都在寻求将越来越多的数据从内存传输到 GPU，然后再传输回内存。英伟达和AMD等芯片制造商正在其GPU芯片上集成数百GB的HBM内 存，以缓解这一瓶颈。然而，HBM需求的激增导致全球NAND闪存库存短缺，推高了内存模块和 NVMe存储的价格，并造成了供应链短缺。 NGDB 计 划 是 先 进 存 储 技 术 (AMT) 项 目 的 一 部 分 ， 该 项 目 是 美 国 能 源 部 和 国 家 核 安 全 管 理 局 (NNSA) 的一项倡议，旨在将英特尔、SK 海力士和软银等供应商与能源部政府实验室聚集在一起， 开发新的存储技术，包括 ZAM、HBM、Compute Express Link (CXL) 和非易失性存储器，如磁性 随机存取存储器 (MRAM)。 ...

Key Points - SpaceX's application to launch 1 million satellites has been accepted by the FCC, aiming to create a data center network in orbit to support advanced AI models [4][5] - NIO has announced a profit forecast for Q4 2025, expecting an adjusted operating profit between RMB 700 million (approximately $100 million) and RMB 1.2 billion (approximately $172 million), marking its first quarterly profit [7][8] - The 2025 Hurun China 500 list shows TSMC retaining the top position with a value increase of RMB 3.5 trillion, while Xiaomi enters the top ten for the first time with a valuation of RMB 1 trillion [13][14] - Alibaba has unified its AI model branding under "Qwen" and launched a promotional campaign offering 3 billion RMB in discounts through its Qwen app [15][16] - Baidu plans to distribute dividends for the first time in 2026 and has authorized a share buyback program of up to $5 billion [16][17] - Li Auto is set to implement a "store partner" program to enhance operational efficiency and market responsiveness, giving store managers greater decision-making power [19] - Intel has appointed a new chief GPU architect, while Qualcomm has lost three key executives in a month [45][46] - Coupang has reported an expansion of a personal information leak affecting an additional 165,000 accounts, following a previous incident [53][54]

When Intel (INTC) says it plans to get back into building graphics processing units, or GPUs, it’s little wonder that investors perk up at the news. At a Cisco (CSCO) AI Summit this week, Intel CEO Lip-Bu Tan confirmed that Intel is putting together a new GPU initiative, led by its newly hired chief GPU architect Eric Demers, as well as its long-time executive in its data center group, Kevork Kechichian. The message was clear: Intel is trying to get back into the world of accelerated computing, a space dom ...

Market Overview - Global markets experienced a significant downturn, with major indices in the US suffering substantial losses. The Dow Jones dropped approximately 600 points, while the Nasdaq fell nearly 2% [1][2]. Stock Performance - Major technology stocks faced considerable declines, including Qualcomm (-7.58%), Oracle (-4.55%), Google (-4.51%), Amazon (-4.38%), and Tesla (-3.66%) [3]. - Alphabet, the parent company of Google, saw its stock decrease by 4% following its announcement of expected capital expenditures related to artificial intelligence, which could reach up to $185 billion by 2026 [7][8]. Commodities and Cryptocurrencies - Precious metals experienced sharp declines, with silver prices plummeting over 16% [3]. - Oil prices also fell significantly during this period [4]. - Bitcoin dropped below the $70,000 mark, settling at $67,000, indicating a loss of interest from traditional investors and a growing pessimism regarding cryptocurrencies [5]. Economic Indicators - Concerns about the labor market intensified, with US employers announcing 108,435 layoffs in January, the highest number for that month since the global financial crisis [8]. - Initial jobless claims for the week ending January 31 exceeded expectations, further contributing to a negative market sentiment [8]. - The US Bureau of Labor Statistics reported that job vacancies fell to their lowest level since September 2020 by December 2025 [9].

Intel (INTC) has been among the hottest technology stocks with a rally of 152% in the last 52 weeks. While the upside has been meaningful, there are ample catalysts for INTC stock in the next 12 to 24 months. In a recent positive, Intel is set to work with a subsidiary of SoftBank (SFTBY) for making memory for artificial intelligence. The partnership is for the commercialization of Z-Angle memory that’s being touted as a “next-generation memory technology.” While the commercialization is due in fiscal 202 ...