Market Reactions - U.S. stock futures rose after President Trump indicated a retreat from planned tariffs on the European Union, following a productive meeting with NATO Secretary General Mark Rutte, leading to a resurgence of the "TACO Trade" [1] - S&P 500 Futures increased by 0.30% to 6,931.00, Nasdaq Futures rose by 0.43% to 25,579.00, and Dow Futures gained 0.18% to 49,353.00 [1] International Market Impact - Asian markets surged, with Japan's Nikkei 225 up 1.20% to 53,409.16, driven by stocks with exposure to European markets [2] Economic Indicators - Japan's exports rose by 5.1% year over year in December, marking the fourth consecutive month of growth, although shipments to the U.S. fell by 11.1% [3] - The U.S. Dollar Index (DXY) remained flat at 98.787, down 0.01% for the day but up 0.86% over the past month [4] Upcoming Earnings and Reports - Investors are anticipating earnings releases from Procter & Gamble, General Electric, Intel, and Capital One Financial, along with GDP reports, Initial Jobless Claims, and Personal Consumption Expenditure reports [5]

智通财经获悉，英特尔(INTC.US)将于周四市场收盘后公布第四季度业绩。华尔街预计这家芯片制造商 的每股收益(EPS)为0.08美元，营收为133.9亿美元，这意味着该季度营收将下降6%。 该公司股价去年上涨超过80%，跑赢了同期上涨近17%的广泛标普500指数。 总部位于加州圣克拉拉的英特尔在个人电脑(PC)市场份额上被竞争对手AMD蚕食已有一段时间。然 而，在首席执行官陈立武的领导下，公司正在实施一项转型战略，其中包括大幅度的成本削减措施，以 及去年从英伟达和软银获得的一系列引人注目的投资。 去年来自特朗普政府约10%的所有权，以及美国政府111亿美元的巨额投资，也增强了公司的资产负债 表。 过去三个月里，每股收益预期经历了16次上调，相比之下有11次下调;而营收预期经历了15次上调，相 比之下有16次下调。 投资者和分析师现在更加乐观，认为人工智能(AI)的推动加上转型战略将产生成效。 Seeking Alpha、Seeking Alpha的量化评级和华尔街分析师均持谨慎态度，给予该股"中性"评级。 汇丰银行分析师Frank Lee表示："我们此前对英特尔持谨慎态度，主要是考虑到其客户渠道的整体不确 ...

英特尔(INTC.US)将于周四市场收盘后公布第四季度业绩。华尔街预计这家芯片制造商的每股收益(EPS) 为0.08美元，营收为133.9亿美元，这意味着该季度营收将下降6%。 该公司股价去年上涨超过80%，跑赢了同期上涨近17%的广泛标普500指数。 总部位于加州圣克拉拉的英特尔在个人电脑(PC)市场份额上被竞争对手AMD蚕食已有一段时间。然 而，在首席执行官陈立武的领导下，公司正在实施一项转型战略，其中包括大幅度的成本削减措施，以 及去年从英伟达和软银获得的一系列引人注目的投资。 去年来自特朗普政府约10%的所有权，以及美国政府111亿美元的巨额投资，也增强了公司的资产负债 表。 过去三个月里，每股收益预期经历了16次上调，相比之下有11次下调;而营收预期经历了15次上调，相 比之下有16次下调。 Seeking Alpha、Seeking Alpha的量化评级和华尔街分析师均持谨慎态度，给予该股"中性"评级。 投资者和分析师现在更加乐观，认为人工智能(AI)的推动加上转型战略将产生成效。 汇丰银行分析师Frank Lee表示："我们此前对英特尔持谨慎态度，主要是考虑到其客户渠道的整体不确 定性、代工业务 ...

然而，该投行补充称，目前预计由智能体AI兴起驱动的服务器CPU需求正急剧增长，并预计2026财年服 务器出货量将同比增长15%-20%。 智通财经APP获悉，英特尔(INTC.US)将于周四市场收盘后公布第四季度业绩。华尔街预计这家芯片制 造商的每股收益(EPS)为0.08美元，营收为133.9亿美元，这意味着该季度营收将下降6%。 该公司股价去年上涨超过80%，跑赢了同期上涨近17%的广泛标普500指数。 总部位于加州圣克拉拉的英特尔在个人电脑(PC)市场份额上被竞争对手AMD蚕食已有一段时间。然 而，在首席执行官陈立武的领导下，公司正在实施一项转型战略，其中包括大幅度的成本削减措施，以 及去年从英伟达和软银获得的一系列引人注目的投资。 去年来自特朗普政府约10%的所有权，以及美国政府111亿美元的巨额投资，也增强了公司的资产负债 表。 投资者和分析师现在更加乐观，认为人工智能(AI)的推动加上转型战略将产生成效。 汇丰银行分析师Frank Lee表示："我们此前对英特尔持谨慎态度，主要是考虑到其客户渠道的整体不确 定性、代工业务的执行阻力，同时其核心业务也缺乏增长驱动力的能见度。" 瑞银分析师Timoth ...

Market Overview - The stock market experienced a significant rally due to positive developments in international trade, particularly the suspension of planned tariffs on EU countries by President Trump [1] - Major U.S. stock indexes saw notable gains, with the Dow Jones Industrial Average increasing by 1.2% to 49,077.23, the S&P 500 rising by 1.16% to 6,875.62, and the Nasdaq adding 1.18% to 23,224.82 [1] Company Highlights - **Intel Corporation (NASDAQ:INTC)**: - Intel's stock rose by 11.72% to close at $54.25, nearing its 52-week high of $54.41, with an after-hours gain of 1.2% to $54.92 [2] - Anticipation builds for Intel's fourth-quarter earnings report, expected to show earnings per share of 8 cents and revenue of $13.38 billion, following a previous quarter where revenue was $13.65 billion and earnings per share were 23 cents [3] - **Moderna Inc (NASDAQ:MRNA)**: - Moderna shares surged by 15.84% to $49.81, reaching a 52-week high of $50, with an after-hours increase of 4.4% to $52 [4] - Investor enthusiasm is driven by a recent update on a cancer therapy study in collaboration with Merck & Co, which showed significant improvements in recurrence-free survival for melanoma patients [5] - **The Metals Company Inc (NASDAQ:TMC)**: - TMC's stock climbed by 13.31% to $8.17, with an after-hours increase of 9.4% to $8.94 [6] - The company welcomed a new rule from the National Oceanic and Atmospheric Administration that modernizes regulations for deep seabed mining permits, aligning with TMC's strategy for transitioning to commercial production [7] - **Microsoft Corporation (NASDAQ:MSFT)**: - Microsoft's stock fell by 2.29% to $444.11, remaining below its 52-week high of $555.45 [8] - CEO Satya Nadella emphasized the need for artificial intelligence to deliver tangible benefits to maintain public trust, particularly in sectors like healthcare and education [8] - **Lucid Group Inc (NASDAQ:LCID)**: - Lucid's stock jumped by 17.88% to $11.47, with an expansion of its manufacturing partnership in Saudi Arabia enhancing its growth outlook [9] - The collaboration with Rockwell Automation aims to implement advanced manufacturing systems at Lucid's plant, providing real-time visibility and control over production lines [10]

申明：除了阐述事实！什么观点都没有！继前一篇台积电涨价cpu之后的事实补充！没有观点，没意 见，什么观点都没有。几研究gpu的时候，看过amd的，这几年它市场份额扩张的很快。 2025年Q3 AMD x86 CPU总份额达25.6%（环比+1.4pct，同比+1.6pct），首次突破25%；台式机份额 33.6%（环比+1.4pct，同比+5.2pct），首次超1/3；服务器27.8%（环比微增）；移动21.9%（环比 +1.3pct）。 中国区30%，美国30%，剩下中东+欧洲。 去年中国区数据中心业务翻倍了。 份额速览（Mercury Research 2025Q3） 增长趋势 2025Q1-Q3 x86从24%→24.2%→25.6%，台式机从30%→32.2%→33.6%，攀升。 若计入嵌入式/IoT/主机SoC，AMD x86整体份额30.9%（同比+5.9pct）。 • 总x86：AMD 25.6%，Intel 74.4% • 台式机：AMD 33.6%，Intel 66.4% • 服务器：AMD 27.8%，Intel 72.2% • 移动：AMD 21.9%，Intel 78.1% 数据中心， ...

Group 1: Gold Market Insights - Spot gold prices approached $4,900 per ounce, raising speculation about reaching $5,000 for the first time [2] - The increase in gold prices is attributed to geopolitical uncertainties, particularly involving U.S. President Donald Trump and European leaders [2][32] - Gold's recent trading levels were around $4,800, with a slight cooling as market tensions eased [3] Group 2: U.S. Housing Market Dynamics - In December, there were 631,535 more home sellers than buyers, marking a 47% gap, the widest since Redfin began tracking in 2013 [7][8] - Despite the surplus of sellers, existing-home prices rose for the 30th consecutive month, reaching a median of $405,400 [8] - High mortgage rates above 6% have contributed to housing unaffordability, impacting buyer activity [8] Group 3: Airline Industry Performance - United Airlines reported a profit of $3.4 billion in 2025, but its cost per available seat mile (CASM) exceeded passenger revenue per available seat mile (PRASM) [37][38] - This trend indicates that major U.S. airlines may struggle to profit from passenger transport, relying instead on ancillary revenue sources [37] Group 4: Stock Market Reactions - Following President Trump's comments on Greenland, stocks experienced volatility, with the S&P 500 dropping 2.1% [34][35] - Some Wall Street strategists view this volatility as a buying opportunity, citing strong long-term trends in innovation and AI [10][34] - The energy sector outperformed others, with a 2.3% increase, led by companies like EQT and Texas Pacific Land Trust [22][23] Group 5: Netflix's Market Challenges - Netflix's stock fell nearly 5% after reporting earnings that narrowly exceeded estimates, raising concerns about its acquisition of Warner Bros. Discovery [19][20] - The stock has declined nearly 40% from its highs last summer, reflecting investor skepticism about its growth prospects [21] Group 6: Treasury Yield Trends - The yield on the 10-year U.S. Treasury note rose to 4.30%, its highest level in months, following geopolitical tensions related to Trump's Greenland acquisition proposal [42][43] - This increase in yields could impact mortgage rates and business investment decisions, raising concerns among investors [42]

Group 1: Company Announcements - On January 21, Aotai Bio disclosed its shareholding increase [1][4] - A total of 21 A-share listed companies, including Chen Zhan Optoelectronics, Deepwater Haina, Hengshuai Co., Ltd., and others, announced shareholding reductions [1][4] Group 2: Market Performance - The three major U.S. stock indices closed higher, with the Dow Jones up 1.21%, Nasdaq up 1.18%, and S&P 500 up 1.16% [2][5] - Major technology stocks saw significant gains, with Intel rising over 11%, AMD over 7%, and Nvidia and Tesla both up over 2% [2][5] - Storage concept stocks performed well, with SanDisk increasing over 10% and Western Digital up over 8% [2][5] - The U.S. regional bank index rose 4.7%, marking the largest single-day increase since August [2][5] Group 3: Nasdaq China Golden Dragon Index - The Nasdaq China Golden Dragon Index increased by 2.22%, with notable gains from companies such as New Oxygen up 14.93%, Baidu up 8.20%, and Century Internet up 7.17% [3][6]

International News - US natural gas futures prices saw a significant increase, with intraday gains reaching up to 30%, currently reported at $5.083 per million British thermal units, after previously recording increases of 29%, 28%, and 27% [1][7] - Precious metals market showed a downward trend, with spot gold prices dropping below $4820, $4810, $4800, and $4790 per ounce, with daily declines of 0.25%, 0.44%, 0.64%, and 0.86% respectively [1][7] - Spot silver also faced pressure, falling below $93, $92, and $91 per ounce, with daily declines of 1.68%, 2.93%, and 3.74% respectively [1][7] - US stock market performed strongly, with all three major indices closing up over 1%, the Dow Jones up 1.21%, Nasdaq up 1.18%, and S&P 500 up 1.16% [1][7] Individual Stocks - Intel shares rose over 11%, reaching a four-year high; AMD increased by 8.3%, SanDisk by over 10%, Western Digital by over 8%, and Micron Technology by over 6% [2][8] - The Nasdaq Golden Dragon China Index rose by 2.22%, with notable gains from individual stocks such as New Oxygen up 14.93%, Baidu up 8.20%, and Century Internet up 7.17% [2][8] - OpenAI's CEO Sam Altman is meeting with top investors in the Middle East to pursue a new round of financing of at least $50 billion, with a post-funding valuation expected between $750 billion and $830 billion [2][8] - Apple plans a major overhaul of Siri, transforming it into a built-in chatbot with new features expected to launch later this year [2][8] Company Dynamics - French dairy company Lactalis announced a recall of multiple batches of infant formula in 18 countries, including China, due to potential contamination with Bacillus cereus toxin [3][9] - Ubisoft canceled the development of six games, including the remake of "Prince of Persia: The Sands of Time" and four unannounced titles [3][10] - The American Petroleum Institute (API) reported an increase of 3 million barrels in US API crude oil inventories last week, compared to a previous increase of 5.278 million barrels [3][10] - President Trump expressed hope for the retention of Kevin Hassett in his current position, with the shortlist for the Federal Reserve chair narrowing to two or three candidates [3][10]

影响股市利好与利空消息 宏观新闻 1、美国贸易代表格里尔在达沃斯表态称，希望与中国进行另一轮的潜在贸易谈判。外交部发言人郭嘉 昆在昨日主持的例行记者会上对此表示，中美双方应该共同落实好两国元首达成的重要共识，为中美经 贸合作与世界经济注入更多的稳定性和确定性。 2、央行召开2026年支付结算工作会议，会议要求，加快建设人民币跨境支付体系，推进跨境支付互联 互通，推动跨境支付体系多元化、多层次发展。严格实施支付机构穿透式监管和支付业务功能监管，充 分发挥行政、自律互补作用，塑造合规致远的行业健康生态。 7、数据显示，由于超大规模云服务商"扫货"，英特尔与AMD在2026全年的服务器CPU产能已基本售 罄。为了应对供需极端失衡并确保后续供应稳定，两家公司均计划将服务器CPU价格上调10-15%。 3、财政部等3部门发布《于延续实施创新企业境内发行存托凭证试点阶段有关税收政策的公告》。其中 提到，今明两年对个人投资者转让创新企业CDR取得的差价所得，暂免征收个人所得税。 4、特朗普在达沃斯世界经济论坛年会上表示，美国无意动用过激武力来获取格陵兰岛。特朗普同日还 表示，他将不会实施原定于2月1日生效的对欧洲关税措施。 ...