在近日美国城堡证券（Citadel Securities）举办的活动上，英伟达CEO黄仁勋称，英伟达在中国的市场 份额从95%降到0%，目前英伟达100%离开了中国市场。 今年8月，英伟达发布2026财年第二季度财报，财报显示，该季度英伟达营收467.43亿美元，其中来自 中国市场的收入27.69亿美元，相比2025财年第二季度中国市场收入36.67亿美元，缩水近9亿美元。 黄仁勋表示，AI是一项新技术，在采取行动之前，必须深思熟虑如何最终监管它。美国当然希望赢得 AI竞赛，（美国）决策者都想做正确的事，希望美国获胜。"然而，重要的是，要记住，伤害中国的事 情，往往也可能伤害美国，甚至更严重。所以，在急于推出对他人有害的政策之前，或许应该退后一 步，反思一下哪些政策对美国有益。" 黄仁勋在上述活动上表示，美国的政策导致美国失去了世界上最大的市场之一。黄仁勋还提到中国在 AI领域的实力，他表示，中国拥有全球约50%的AI研究人员，有出色的学校，对AI有极大的关注和热 情。 黄仁勋认为，问题的核心在于，如何在"保持技术领先"和"确保世界建立在美国技术上"之间取得平衡？ 需要有细微的策略，而不是非黑即白。应该形成一 ...

Core Points - Recent news regarding the death of renowned physicist Yang Zhenning has been debunked, with officials from West Lake University confirming no such notification has been received [2] - NVIDIA's CEO Jensen Huang stated that due to U.S. export controls, NVIDIA has completely exited the Chinese market, reducing its market share from 95% to 0% [2] - Several banks have announced the cleaning of "long-term inactive accounts," with specific criteria for account management being implemented [3][4] Group 1: Company News - iPhone Air sold out within 5 minutes of pre-order in mainland China, with no stock available in retail stores [3][4] - BYD has initiated a recall of 115,783 vehicles, including specific models of the Tang and Yuan Pro series [5] - Alibaba and Ant Group have jointly invested $925 million to establish their headquarters in Hong Kong, aiming to expand international business [6] Group 2: Regulatory and Market Developments - The State Administration for Market Regulation has introduced a reporting system for fire incidents involving new energy vehicles [5] - The price of gold jewelry in China has surged, with some brands nearing 1,300 yuan per gram due to rising spot gold prices [7] - The Chinese government has implemented a new reporting system for automotive recalls, with 3,230 recalls affecting 120 million vehicles reported so far this year [5] Group 3: Technology and Innovation - Microsoft is testing AI features in its latest Windows 11 operating system to encourage user upgrades [17] - Oracle announced that its AI cloud projects could achieve a gross margin of 35%, with $650 billion in new orders signed recently [19] - OPPO has officially launched the Find X9 series, starting at 4,399 yuan, featuring the Dimensity 9500 flagship chip [20]

Group 1 - Nvidia's CEO Jensen Huang stated that due to U.S. export controls, Nvidia has completely exited the Chinese market, reducing its market share in China from 95% to 0% [2][3] - Multiple banks have announced the management and potential clearing of "long-term inactive accounts," with specific criteria such as account balances below 10 yuan and no transactions for over a year [2][3] - The National Market Supervision Administration reported that as of September, there have been 3,230 vehicle recalls in China, affecting 120 million vehicles, with 652 recalls influenced by investigations from the administration [2][5] Group 2 - BYD has initiated a recall of 115,783 vehicles, including 44,535 units of the 2015 Tang series and 71,248 units of the Yuan Pro electric vehicles produced between 2021 and 2022 [5][6] - Alibaba and Ant Group have jointly invested $925 million (approximately 6.6 billion yuan) to establish their Hong Kong headquarters, aiming to expand international business [6] - The price of gold jewelry in China has surged, with the latest quotes for gold ornaments nearing 1,300 yuan per gram, reflecting a significant increase in gold prices [7][8] Group 3 - Oracle's co-CEO announced that the company has signed new cloud infrastructure contracts worth $65 billion in the last 30 days, with a remaining performance obligation exceeding $500 billion [18][19] - Microsoft is testing AI features in its latest Windows 11 operating system to encourage users to upgrade their personal computers [17][18] - OPPO officially launched the Find X9 series, starting at 4,399 yuan, featuring the Dimensity 9500 flagship chip [20]

公众号记得加星标⭐️，第一时间看推送不会错过。 来 源： 内容 综合自英伟达等 。 工智能引发了一场新工业革命。 NVIDIA 和台积电正在美国携手合作，建设为全球人工智能工厂提供动力的基础设施。 今天的成就标志着美国在半导体制造和人工智能发展方面迈出了一大步，为美国在人工智能领域的持 续领先地位铺平了道路。NVIDIA Blackwell GPU 为人工智能推理提供了卓越的性能、投资回报率 和能效。 此外，NVIDIA 计划部署其先进的 AI、机器人和数字孪生技术来设计和运营新的美国制造工厂。 NVIDIA 创始人兼首席执行官黄仁勋今天参观了台积电位于菲尼克斯的半导体制造工厂，庆祝第一颗 NVIDIA Blackwell 晶圆在美国本土下线，这标志着 Blackwell 已实现量产。 在庆典仪式上，黄仁勋与台积电运营副总裁王永利一起签署了 Blackwell 晶圆，以纪念这一里程碑， 展示全球人工智能基础设施引擎如何在国内建设。 这将增强美国的供应链，并将人工智能技术堆栈转移到国内，将数据转化为智能，确保美国在人工智 能时代的领导地位。 黄仁勋在活动上表示："这是一个历史性的时刻，原因有很多。这是美国近代史 ...

每经编辑｜陈鹏程 王晓波 欧洲三大股指收盘全线下跌，德国DAX指数跌1.76%报23845.41点，法国CAC40指数跌0.18%报8174.2点，英国富时100指数跌0.86%报9354.57点。 1 李强主持召开国务院常务会议 国务院总理李强10月17日主持召开国务院常务会议，听取关于有效降低全社会物流成本行动落实情况汇报，部署拓展绿色贸易的有关举措，研究进一步做好 粮食和农业生产工作，审议通过《生态环境监测条例（草案）》和《对外使用国徽图案的办法（修订草案）》。（央视新闻） 2 隔夜市场 美股三大指数集体收涨，道指涨0.52%，本周累计上涨1.56%；纳指涨0.52%，本周累计上涨2.14%；标普500指数涨0.53%，本周累计上涨1.7%；热门科技 股涨跌不一，特斯拉涨超2%，苹果涨近2%，甲骨文跌超6%，超微电脑、ARM跌超3%，博通跌超1%。纳斯达克中国金龙指数跌0.14%，本周累计上涨 1.83%，中概股涨跌不一，新东方涨超2%，阿里巴巴、京东涨超1%，知乎、爱奇艺跌超1%，金山云跌超4%。 国际金价冲高回落，现货黄金盘中最高涨至4380.79美元的历史高位，尾盘出现跳水，一度跌破4200美元关 ...

Monetary Policy and Economic Measures - The People's Bank of China will continue to implement a moderately loose monetary policy, using various tools to ensure ample liquidity and support consumption and effective investment, while maintaining the stability of the RMB exchange rate [2] - The Ministry of Finance reported that national fiscal revenue for the first three quarters reached 16.39 trillion yuan, a year-on-year increase of 0.5%, with a notable growth of 2.5% in the third quarter [3] - The Ministry of Finance announced measures to consolidate and expand the economic recovery, including allocating 500 billion yuan from local government debt limits to support local governments, an increase of 100 billion yuan from the previous year [3] Trade and Regulatory Developments - The Ministry of Commerce and other departments have adjusted the duty-free shopping policy for Hainan, increasing the number of duty-free product categories from 45 to 47, effective November 1 [4] - The Ministry of Commerce, along with five other departments, issued guidelines to improve the overseas comprehensive service system for enterprises, providing support for international cooperation and competition [4] - The State Administration for Market Regulation and the Ministry of Industry and Information Technology are drafting regulations to strengthen supervision of smart connected and new energy vehicle recalls [10] Corporate Performance and Market Trends - The China Securities Regulatory Commission revised the Corporate Governance Code for listed companies, effective January 1, 2026, to enhance the regulation of directors and senior management [5] - A-share market saw a significant decline, with the Shanghai Composite Index dropping 1.95% to 3839.76 points, and the Shenzhen Component Index falling 3.04% [5] - Zijin Mining reported third-quarter revenue of 86.489 billion yuan, a year-on-year increase of 8.14%, and a net profit of 17.056 billion yuan, up 52.25% [6] Investment and Financing Activities - The number of new margin trading accounts opened in September reached 205,400, a year-to-date high, with a month-on-month increase of 12.24% [6] - The fund managed by Zhao Yi increased holdings in companies such as Enjie and Kuaishou while reducing positions in CATL and Tencent [7] - Coca-Cola is considering an IPO for its bottling business in India, potentially raising $1 billion and valuing the business at approximately $10 billion [23]

2025年10月6日，英伟达CEO黄仁勋公开承认，受美国出口管制影响，公司已完全退出中 国市场，市场份额归零。这件事是今天美国城堡证券才把当时都对话内容公布出来，所以 今天才成了大家关注的要点。 我们来捋一下英伟达的事件脉络 ： 2022年：美国首次对华实施AI芯片出口限制，英伟达市占率超90%。 2024年：英伟达为中国定制H20芯片出货60-80万枚，但性能仅为H100的15%。 2025年4月：美国将H20纳入出口管制，英伟达停售并计提45亿美元库存损失。 2025年8月：H20获出口许可但需缴纳15%销售额分成，后因安全审查遭中国客户弃用。 2025年10月：黄仁勋宣布英伟达彻底退出中国市场，中国区收入从171亿美元跌至可忽略不计。 但实际情况到底是怎么样的？ 老黄到底还是商人，首先两国现在出台的政策都是针对AI芯片。而桌面级的GPU显卡,除了那几款高 端的，都是可以正常在国内交易的。最近英伟达刚发布的DGX Spark，国内也是可以买到的，即便有 些是水货，但上面的GB10 Grace Blackwell Superchip的芯片是可以正常进到国内的，国内也有企业在 基于这颗芯片做国产的DGX Sp ...

Between the public debut of OpenAI on Nov. 30, 2022, and Nvidia's most recent stock split on June 10, 2024, shares of the chipmaker soared by 620%. Nvidia isn't merely a beneficiary of the AI revolution -- it has become the yardstick by which the entire megatrend is measured.Ray Dalio, the billionaire founder of Bridgewater Associates, has taken a similar approach to that of Duquesne. Throughout 2024, Bridgewater's trading activity in Palantir followed a pattern of cautious trimming and rebalancing. By the ...

Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Company (NYSE:TSM) have completed their first made-in-the-USA wafer, which will be used for the eventual production of Blackwell chips, according to Axios. Nvidia CEO Jensen Huang is expected to make the announcement from TSMC's manufacturing ...

Core Insights - OpenAI has engaged in a series of high-value partnerships, including agreements with Nvidia, AMD, Oracle, and Broadcom, totaling over $1 trillion in planned investments, which has sparked both excitement and concerns about potential market bubbles [1][2][3] - The current investment frenzy in the AI sector is characterized by excessive optimism, with many projects' valuations significantly deviating from their actual worth, raising questions about the sustainability of such high valuations [1][4] - OpenAI's valuation has skyrocketed to $500 billion, surpassing SpaceX, driven by its extensive agreements with major tech companies, despite the company not yet being profitable [3][4] Investment Dynamics - OpenAI's collaborations have led to substantial stock price increases for partner companies, such as Oracle's stock rising 36% and AMD's stock increasing by 35% following their respective agreements [2][5] - The investment models employed, such as Nvidia's $100 billion investment in data centers, create a closed-loop funding cycle where funds are recycled back into hardware purchases, raising concerns about self-reinforcing valuation narratives [5][6] - The trend of "investment for orders" has been likened to the internet bubble era, where companies inflate their valuations through circular funding mechanisms, potentially leading to unsustainable market conditions [6][7] Market Structure and Risks - The concentration of capital in foundational AI models and infrastructure, which is projected to account for 68% of global AI infrastructure investment in 2024, has led to a neglect of application-level investments that generate actual returns [4][8] - The formation of a "triangular alliance" among major players like OpenAI, Nvidia, and Oracle may create monopolistic conditions that stifle competition and innovation, further complicating the market landscape [6][7] - Experts express concerns that the current AI investment landscape mirrors past bubbles, with high leverage and speculative behavior potentially leading to significant market corrections if expectations are not met [7][8]