图片说明： 19日，白宫新闻秘书莱维特表示，美国商务部正在推进美政府收购英特尔公司10%股份一事。 "我们投入了资金，就应该获得股权。"卢特尼克19日在美国消费者新闻与商业频道（CNBC）的节目中 批评美国前总统拜登签署生效的《芯片与科学法》"简直是在免费给英特尔送钱"，并表示本届政府的态 度是："如果我们要给你这笔钱，就要参与其中。"他还称，美国政府不想控制这家公司，任何潜在的安 排都不会赋予政府在英特尔的投票权或治理权。 白宫新闻秘书莱维特同一天确认，美国商务部正推进这笔政府持有10%股权的交易，卢特尼克部长正在 敲定相关细节，"总统希望从国家安全和经济两个角度出发，将美国的需求放在首位"。 英特尔未就该计划置评。但上周该公司发言人表示，"坚决支持特朗普总统为强化美国科技和制造业领 先地位所做的努力"。 美国彭博社18日援引消息人士的话报道称，联邦政府考虑将英特尔从《芯片与科学法》中获得的部分或 全部拨款转换为股权。该公司原本计划通过这类拨款获得总计109亿美元的资金，与持股10%所需的金 额大致相当。 英国广播公司（BBC）认为，将现有的政府拨款换成股份"极不寻常"，可能有助于英特尔与英伟达、三 星和台 ...

近期关于美国政府计划收购英特尔公司股份的传闻终获确认。美国商务部长卢特尼克19日表示，英特尔 必须向美国政府让渡公司股权，以换取《芯片与科学法》的拨款支持。白宫同一天确认，该交易将允许 美国政府持有英特尔10%的股份，美商务部正"敲定"相关细节。西方媒体普遍认为，若交易达成，美国 政府将成为英特尔最大股东。这一案例还可能成为特朗普政府其他投资项目的范本，开启美国政府对大 公司影响力的新纪元。不过，在以《纽约时报》为代表的一些媒体看来，虽然特朗普政府考虑对这家陷 入困境的芯片巨头进行大规模投资可以理解，但此举可能会给科技行业、人工智能竞赛以及联邦政府与 私营企业的关系带来重大影响。 "如果我们要给你这笔钱，就要参与其中" "我们投入了资金，就应该获得股权。"卢特尼克19日在美国消费者新闻与商业频道（CNBC）的节目中 批评美国前总统拜登签署生效的《芯片与科学法》"简直是在免费给英特尔送钱"，并表示本届政府的态 度是："如果我们要给你这笔钱，就要参与其中。"他还称，美国政府不想控制这家公司，任何潜在的安 排都不会赋予政府在英特尔的投票权或治理权。 白宫新闻秘书莱维特同一天确认，美国商务部正推进这笔政府持有10%股 ...

Core Viewpoint - The threat posed by Intel's foundry business revival to TSMC is overstated, and it may actually benefit TSMC by alleviating regulatory pressures due to its monopoly status [1][3]. Group 1: Intel's Foundry Business - Intel's foundry revival is not purely negative for TSMC, as it may create a competitive environment that reduces regulatory scrutiny [1][5]. - The fundamental challenges facing Intel's foundry business extend beyond financial issues, including the need for a cultural shift towards customer-centric innovation and cost efficiency [1][6]. - Analysts believe that Intel must successfully execute on multiple advanced process nodes to gain credibility in the foundry market, which remains a significant challenge [5][6]. Group 2: TSMC's Market Position - TSMC is expected to maintain over 90% market share in advanced process technology, regardless of Intel's foundry efforts [1][5]. - The perception of TSMC as a potential monopolist has not significantly boosted its price-to-earnings ratio, and may instead attract more scrutiny from government agencies [3][5]. - A slightly weaker competitor in the advanced process space could create a perception of choice for customers, which may ultimately benefit TSMC by reducing regulatory pressures [3][5].

Investment Dynamics - SoftBank has signed a final securities purchase agreement to invest $2 billion in Intel, making SoftBank the fifth-largest shareholder of Intel, with a share price of $23 per share [3] - Cereal Partners Worldwide (CPW), a joint venture between Nestlé and General Mills, plans to sell two factories in France and the UK, with Ecco Group considering the acquisition, as CPW shifts focus to organic, high-protein, and gluten-free products [5] - a2 Milk Company announced the acquisition of Yashili New Zealand Dairy Company for approximately NZD 282 million (around CNY 1.2 billion), enhancing its supply chain control and market diversification in China [8] Brand Dynamics - Metro's first "fat reform store" has opened in Beijing, optimizing product structure with a reduced SKU count of about 8,000 and increasing the number of baked and prepared food items by nearly six times [13] - Haidilao has launched its first innovative concept store in Beijing, featuring a dessert station and interactive entertainment area, aiming to attract consumers with a diverse dining experience [16] - LANCY has released a new brand campaign featuring global ambassador Song Jia, emphasizing a blend of strength and elegance in its autumn/winter collection [19] - Swatch faced controversy over an advertisement perceived as discriminatory towards Asians, leading to a swift public apology and removal of the related materials [20] - Luzhou Laojiao has established a cultural tourism development company to diversify its revenue streams amid intense competition in the liquor industry [22] Personnel Dynamics - The Body Shop appointed Alia Sirina Hawa as Chief Business and Brand Officer, indicating a strategic shift towards growth after a period of restructuring [25]

每经AI快讯，8月20日，英特尔股价跌幅超过6%，为7月25日以来最大日内跌幅。 ...

国内新闻 中国汽车流通协会：8月1-17日全国乘用车市场零售86.6万辆 8月20日，中国汽车流通协会发布数据称，8月1-17日，全国乘用车市场零售86.6万辆，较去年8月同期增长2%，较上月同期 增长8%；今年以来累计零售1361.1万辆，同比增长10%。 河南7月新能源汽车产量激增近4倍，锂电池产量翻倍 8月19日，河南省统计局、国家统计局河南调查总队联合发布7月份全省经济运行情况。其中，7月份全省汽车制造业增加值 增长25.8%，锂离子电池产量增长99.3%。根据国家统计局数据，7月份河南汽车产量10.15万辆，同比增长76.83%；新能源汽车 产量4.21万辆，同比增长389.53%。 广东：推动卫星应用助力航空航海、网联汽车、石油电力等商业领域发展 8月19日，广东省人民政府办公厅发布《广东省推动商业航天高质量发展若干政策措施（2025—2028年）》。其中提出，扩 大重点行业应用规模。鼓励各行业采购国产卫星相关数据及产品，推动卫星应用助力航空航海、网联汽车、石油电力等商业领 域发展。 国际新闻 福特与SK On合资电池工厂投产 当地时间8月19日，福特汽车和韩国电池制造商SK On的合资企业Blu ...

Core Viewpoint - SoftBank, under the leadership of Masayoshi Son, is strategically positioning itself to become the world's leading provider of Artificial Super Intelligence (ASI) by investing heavily across the AI and semiconductor value chain, from IP to application layers [5][10][37]. Group 1: Historical Context and Vision - Masayoshi Son's journey began in 1975 when he was inspired by a microcomputer chip photo, which ignited his lifelong commitment to technology and innovation [6][9]. - In the 2025 fiscal year report, Son articulated a new strategic goal for SoftBank: to become the foremost ASI platform provider, emphasizing the belief in the eventual emergence of intelligence surpassing human capabilities [9][10]. Group 2: Strategic Investments - SoftBank has made significant investments in various companies to build a comprehensive AI and semiconductor ecosystem, including a $20 billion investment in Intel, becoming one of its top shareholders [13]. - The Stargate project, in collaboration with OpenAI and Oracle, aims to construct large-scale data centers for AI infrastructure, with an estimated investment of up to $500 billion [14]. - SoftBank led a $40 billion financing round for OpenAI, indicating its commitment to both infrastructure and application layers in the AI stack [16][19]. - The acquisition of Ampere for $6.5 billion aims to fill gaps in SoftBank's CPU capabilities, enhancing its position in the cloud computing and AI inference markets [20]. - The purchase of Graphcore, a struggling AI chip company, allows SoftBank to diversify its AI accelerator technology portfolio [21]. Group 3: Capital Map and Ecosystem Integration - SoftBank is constructing a capital map that integrates various components of the AI and semiconductor ecosystem, from IP (Arm) to CPUs (Ampere) to AI accelerators (Graphcore) and manufacturing (Intel Foundry) [23]. - The strategy involves creating a closed-loop system that connects upstream IP with downstream applications, thereby enhancing SoftBank's influence in the AI sector [27][28]. Group 4: Arm's Role and Future Prospects - Arm remains a crucial asset for SoftBank, with the company holding approximately 90% of Arm's shares post-IPO, which is pivotal for revenue generation through licensing and royalties [26][30]. - Arm's business model, characterized by long-term benefits from initial licensing, positions it well for sustained revenue growth, particularly in emerging markets like AI and cloud computing [30][31]. - The potential development of proprietary chips by Arm could further solidify its position in the data center market, although it presents challenges and risks [31][32]. Group 5: Competitive Landscape - SoftBank's approach contrasts with Nvidia's vertical integration strategy, as it seeks to leverage capital to control various segments of the AI and semiconductor landscape without focusing solely on in-house development [34][35]. - Unlike cloud giants like Microsoft and Amazon, which emphasize self-developed chips and infrastructure, SoftBank aims to reorganize production factors across the ecosystem, culminating in applications like OpenAI [35][36].

Group 1 - ByteDance denies collaboration with Chip Original on AI chip development [1] - Google announces the launch of Pixel 10 series with AI-driven features, starting at $799 [1] - OpenAI's revenue surpasses $1 billion for the first time, considering an IPO in the future [3] Group 2 - Intel's market value increases by $24 billion, reaching the highest valuation since the dot-com bubble [4] - Yushutech announces a new humanoid robot with 31 degrees of freedom [4] - Baidu's fund invests in Jianzhixin Robot Technology, increasing registered capital [5] Group 3 - Xiaomi's Hanting Venture invests in Weitai Robot, increasing registered capital [6][7] - Huawei unveils its first MateTV, featuring HarmonyOS 5 and advanced touch technology [8] - Geely responds to complaints regarding changes to lifetime free data rights for vehicle owners [9] Group 4 - Sony raises the price of all PlayStation 5 models in the U.S. by $50 due to economic challenges and import tariffs [10]

Group 1 - ByteDance denies collaboration with Chip Original on AI chip development [1] - Google announces the launch of Pixel 10 series with AI-driven features, starting at $799 [1] - OpenAI's revenue surpasses $1 billion for the first time, considering an IPO in the future [3] Group 2 - Intel's market value increases by $24 billion, reaching the highest valuation since the dot-com bubble [4] - Yushutech announces a new humanoid robot with 31 degrees of freedom [4] - Baidu's fund invests in Jianzhixin Robot Technology, increasing registered capital [5] Group 3 - Xiaomi's Hanting Venture invests in Weitai Robot, increasing registered capital [6][7] - Huawei unveils its first MateTV, featuring HarmonyOS 5 and advanced touch technology [8] - Geely responds to complaints regarding changes to lifetime free data rights for vehicle owners [9] Group 4 - Sony raises the price of all PlayStation 5 models in the U.S. by $50 due to economic challenges and import tariffs [10]

格隆汇8月21日｜国际要闻： 大中华区要闻： 15、南下资金净卖出港股146.8亿港元，逆势加仓腾讯、泡泡玛特； 17、公告精选(港股)︱小米集团-W(01810.HK)奖励合共4424万股奖励股份予2496名选定参与者； 18、A股投资避雷针︱博拓生物：实际控制人于秀萍拟减持合计不超过3%股份。 1、美股三大指数收盘涨跌不一，标普500指数连跌四日，英特尔跌约7%； 2、现货黄金涨1%上探3350美元，美国原油期货涨约1.4%； 3、美联储传声筒：少数官员暗示他们或在9月加入降息阵营； 4、美联储会议纪要：关税成本主要由国内承担 企业转嫁压力与应对策略并存； 5、美联储会议纪要 ：关税对商品价格通胀构成上行压力； 6、英特尔据报正与大型投资者洽商以折让价格入股； 7、韩国推出45.8万亿韩元支持计划，重点支持电池、半导体和关键矿产等关键产业； 8、印尼央行意外降息25个基点； 1、预告：国新办8月25日举行"高质量完成'十四五'规划"系列主题新闻发布会(海关总署)； 2、中国据报调整石油化工行业 解决产能过剩； 3、港交所：将研究24小时交易机制； 4、李强：要及时发现临床价值高、转化潜力大的创新药项目 推 ...