The U.S. government and President Donald Trump have announced new tariffs on the import of semiconductor equipment, specifically Advanced Micro Devices’ (AMD) MI325X chips and Nvidia’s (NVDA) H200 chips. The 25% tariffs are expected to encourage local manufacturing of semiconductor equipment and reduce reliance on foreign vendors. The administration has not ruled out future tariffs for the achievement of these objectives. It is worth noting that startups, domestic data centers, the public sector, and chi ...

市场调整与英伟达的数据乌龙不无关系。英伟达此前发布的技术论文称，1吉瓦（GW）规模的传统数 据中心机架需要"50万吨"铜用于母线，近日修正为约200吨，修正后数值仅为原数据的0.04%。 1月19日，"铜博士"行情明显降温。沪铜期货主力合约跌0.68%，江西铜业、云南铜业、铜陵有色等龙头 股纷纷回调。 这一数据修正对铜价究竟影响几何？ 中国证券报记者采访多位分析师了解到，此前业内便一直对英伟达"50万吨铜需求"这一数据持谨慎态 度，因此这一数据修正对于短期铜市场供需冲击有限。近期铜价上涨背后的推手是宏观通胀预期与供给 受限。展望后市，春节前，铜价仍以跟踪贵金属为主，一季度延续高位震荡概率大，下半年则需警惕回 调风险。 英伟达数据乌龙持续发酵 1月19日，A股铜概念股在经历前期强势上涨后集体回调。截至收盘，Wind铜产业指数跌0.88%，江西铜 业跌5.63%，云南铜业跌3.74%，铜陵有色跌3.27%。 期货市场同步承压。截至收盘，沪铜期货主力合约收于101180元/吨，跌0.68%，延续回调态势。现货铜 价虽维持高位，但伦敦金属交易所（LME）与沪铜期货价格短期承压，叠加库存回升与下游观望情 绪，市场进入阶 ...

Core Insights - NVIDIA Corporation (NVDA) and Micron Technology, Inc. (MU) are pivotal in the AI semiconductor ecosystem, driven by increasing demand for data center and AI computing [1] - Both companies present different risk-reward profiles for investors in the semiconductor sector [2] NVIDIA Overview - NVIDIA is central to the AI boom, with its GPUs utilized in cloud data centers and self-driving vehicles, dominating the AI infrastructure market [3] - In Q3 of fiscal 2026, NVIDIA's revenues increased by 62% year-over-year to $57 billion, and non-GAAP EPS rose by 60% to $1.30 [3] - The Data Center segment generated $51.22 billion in revenues, accounting for 89.8% of total sales, with a 66% year-over-year increase and 25% sequential growth [5] - NVIDIA's partnership with OpenAI is expected to enhance long-term demand for its GPUs, solidifying its position as a leading AI chip supplier [6] Micron Overview - Micron Technology is well-positioned for long-term growth due to its involvement in AI, high-performance data centers, and industrial IoT [7] - The company reported a 57% year-over-year revenue increase to $13.64 billion in Q1 of fiscal 2026, with non-GAAP EPS rising by 167% to $4.78 [9] - Micron's diversification strategy has led to a more stable revenue base, focusing on resilient sectors like automotive and enterprise IT [8] - Micron's HBM3E products are in high demand, with supply already sold out for 2026, indicating strong market interest [11] Growth Outlook Comparison - Micron's growth profile appears stronger in the near term, with projected fiscal 2026 revenues and EPS expected to surge by 94.7% and 297.5%, respectively, compared to NVIDIA's 92.9% revenue growth and 55.9% EPS increase [13] - Analysts are increasingly bullish on Micron, as reflected in the earnings estimate revision trends [14] Price Performance and Valuation - Over the past year, Micron's stock has surged by 243%, significantly outperforming NVIDIA's 35.2% gain [17] - Micron trades at a lower forward P/E multiple of 9.84 compared to NVIDIA's 25.78, indicating a more attractive valuation despite higher growth projections for Micron [18] Conclusion - Micron Technology is identified as the better investment option due to its higher EPS growth projection and lower valuation compared to NVIDIA [21]

Key Points Nvidia’s Blackwell and Rubin platforms have exceptional long-term revenue visibility. Alphabet is already monetizing its artificial intelligence capabilities at scale. Broadcom also enjoys a long AI backlog and expanding hyperscaler relationships. 10 stocks we like better than Nvidia › The global artificial intelligence (AI) market was estimated to be worth about $372 billion in 2025 and is expected to be worth more than $2 trillion by 2032, according to MarketsandMarkets. This implies ...

MPWR’s stock story is one of patience rewarded. Over the past two decades, the stock has delivered returns of more than 5,800%, an extraordinary run built on execution rather than hype. After its inclusion in the S&P 500 ($SPX) in 2021, the stock is up roughly 160%. Just last month, MPWR earned another badge of maturity with its entry into the Nasdaq-100, reinforcing its growing institutional relevance.Public since 2004, Monolithic has spent the past two decades methodically expanding beyond core PMICs into ...

以下文章来源于科创板日报 ，作者黄君芝 科创板日报 . 专注科创板和科技创新，上海报业集团主管主办，界面财联社出品。 知名做空投资人、素有"大空头"之称的迈克尔·伯里（Michael Burry）再次对人工智能（AI）泡沫发出警告。他"剑指"当前科技繁荣称，长 期低迷即将到来。 伯里因在2008年金融危机前精准做空抵押贷款支持证券而声名鹊起，迈克尔·刘易斯（Michael Lewis）的著作《大空头》和奥斯卡获 奖影片《大空头》都记录了他的这一交易。 去年10月底，伯里在沉寂数年后重返公众视野。自那以来，他多次预警股市泡沫风险，披露了做空英伟达等AI股的新仓位，并推出了S ubstack付费通讯专栏，以向外界自由输出其投资观点。 长期低迷 伯里在Substack上发文警告称，包括微软和谷歌母公司Alphabet在内的所谓超大规模数据中心运营商，正在将巨额资金浪费在微芯片和数 据中心上，而这些设备很快就会过时，因为用于驱动诸如聊天机器人等人工智能工具的这些设备将会变得标准化。 他将此事与"股神"巴菲特在20世纪60年代短暂拥有的巴尔的摩百货公司Hochschild-Kohn进行了比较。 "街对面的百货公司装了自 ...

美股"七巨头"阵营因表现分化而瓦解，去年仅有Alphabet和英伟达两家公司跑赢了标普500指数。Michael Hartnett指 出，市场正扩大广度，未来的新"七巨头"将是能证明AI真实改变其业务结构的巨型企业。他借电影结局警示：并非所有巨 头都能在残酷竞争中幸存。 硬·AI 作者 | 张雅绮 编辑 | 硬 AI 曾经共同推动美股市场的"七巨头"阵营正在瓦解，这一曾被视为铁板一块的巨型科技股组合，如今已不再 是投资者眼中的单一资产类别。随着市场对人工智能热潮的看法趋于理性与审慎，这些万亿市值巨头的命 运在过去一年中发生了显著分化。 在刚刚过去的2025年， 仅有Alphabet和英伟达两家公司的表现跑赢了标普500指数。 进入新的一年，这 种分化趋势仍在延续，"七巨头"中已有五家公司的表现不及大盘基准。曾主导市场的AI交易策略正在发生 转变，资金不再盲目涌入整个板块，而是开始进行更具选择性的押注。 随着牛市的演进，围绕人工智能的交易逻辑已发生演变。部分投资者预计AI红利将向医疗保健等行业扩 散，而另一部分投资者则继续加码芯片制造商或能源公司。在这种背景下，曾经紧密的"七巨头"组合正在 被市场重新定义，或许 ...

Growth stocks continue to power the market.Growth stocks continued to lead the market higher and remain a great place to invest. If you have money on the sidelines you're looking to invest, here are five growth stocks you can invest $1,000 in each to start a nice growth-focused portfolio. 1. NvidiaThe biggest beneficiary of the artificial intelligence (AI) buildout, Nvidia (NVDA 0.29%), continues to have a long runway of growth in front of it.AI data center spending continues to ramp up, and Nvidia's graphi ...

Core Viewpoint - NVIDIA Corporation (NASDAQ:NVDA) is highlighted as a top debt-free stock to consider, particularly in light of recent export approvals for H200 AI processors to China, despite concerns regarding supply constraints of dynamic random-access memory (DRAM) [1][2]. Group 1: Export Approval and Supply Constraints - The recent export approval for H200 AI processors to China has positioned NVIDIA favorably, although concerns have been raised about the shortage of DRAM, which is critical for these processors [1]. - House Representative John Moolenaar has alerted Commerce Secretary Howard Lutnick about the immediate challenges posed by DRAM supply constraints, indicating that the chips destined for China could represent an opportunity cost for American customers [1]. - The three main manufacturers of high-bandwidth memory (HBM) — Samsung Electronics, SK Hynix, and Micron Technology — have warned of supply constraints and potential shortages, which could impact NVIDIA's ability to fulfill orders [2]. Group 2: Analyst Sentiment and Company Fundamentals - Analysts at Jefferies have maintained a bullish outlook on NVIDIA, raising their price target from $250 to $275, citing that the stock remains relatively cheap compared to 2027 estimates [4]. - NVIDIA designs and manufactures a range of products including graphics processing units (GPUs), system-on-a-chip (SoC) units, and AI hardware and software, which are utilized across various sectors such as gaming, data centers, and autonomous vehicles [4].

知名做空投资人、素有"大空头"之称的迈克尔·伯里（Michael Burry）再次对人工智能（AI）泡沫发出 警告。他"剑指"当前科技繁荣称，长期低迷即将到来。 伯里因在2008年金融危机前精准做空抵押贷款支持证券而声名鹊起，迈克尔·刘易斯 （Michael Lewis）的著作《大空头》和奥斯卡获奖影片《大空头》都记录了他的这一交易。 去年10月底，伯里在沉寂数年后重返公众视野。自那以来，他多次预警股市泡沫风险，披露 了做空英伟达等AI股的新仓位，并推出了Substack付费通讯专栏，以向外界自由输出其投资 观点。 长期低迷 伯里在Substack上发文警告称，包括微软和谷歌母公司Alphabet在内的所谓超大规模数据中心运营商， 正在将巨额资金浪费在微芯片和数据中心上，而这些设备很快就会过时，因为用于驱动诸如聊天机器人 等人工智能工具的这些设备将会变得标准化。 他将此事与"股神"巴菲特在20世纪60年代短暂拥有的巴尔的摩百货公司Hochschild-Kohn进行了比较。 辣评AI宠儿 事实上，伯里在好几篇文章中都抨击了那些高歌猛进的人工智能股票，并警告它们估值过高，注定会暴 跌。 在他最新发布的帖子中，他有 ...