英伟达CEO黄仁勋上周亲自出面宴请合作伙伴的工程师团队，这一罕见举动 凸显出下一代高带宽内存HBM4对这家AI芯片巨头的战略重要性。 随着三星电子在HBM4竞赛中率先出货，SK海力士能否按时交付高性能产品，将直接影响英伟达今年下半年推出的新一代AI加速器Vera Rubin的市场表现。 2月14日晚间，黄仁勋现身英伟达总部附近的一家韩式炸鸡餐厅， 花费约两小时为30多名SK海力士和英伟达工程师逐桌调制烧啤、敬酒致意。 他反复强调"我们是一个团队"和"我为你们骄傲"，并敦促工程师们"通过不懈挑战和努力交付非凡成果"， 特别提及SK海力士承诺供应的第六代HBM4产品。 这场临时安排的聚会释放出明确信号：HBM4被英伟达视为Vera Rubin加速器的关键差异化组件。 英伟达对HBM4供应商提出了"运行速度11 Gbps以上"和"带宽3.0 TB/s以上"的规格要求，较竞争对手AMD的同类要求高出30%以上。 行业分析师认为， 黄仁勋的亲自现身提升了SK海力士维持HBM4最大供应商地位的可能性。 据行业消息人士透露，英伟达去年12月初步分配了今年的HBM供应份额，SK海力士获得55%以上，三星电子占20%多至接近3 ...

每经记者｜岳楚鹏 每经编辑｜金冥羽 兰素英 ① 【三大期指齐跌】截至发稿，道指期货跌0.12%、标普500指数期货跌0.08%、纳指期货跌0.04%。 ② 【存储芯片概念股普涨】存储芯片概念股盘前普涨。截至发稿，闪迪、美光科技均涨超1%。 ③【黄仁勋：为GTC 2026准备了多款前所未见的新芯片】当地时间2月18日，黄仁勋接受媒体采访时称："我们已经为GTC 2026准备了几款前所未见的全 新芯片。"他补充道："由于所有技术都已达到极限，所以没有什么是容易的。"但他强调："有了这样一支团队（由英伟达和SK海力士的内存工程师组 成），没有什么是不可能的。" ④ 【英伟达清仓Arm全部股份】当地时间2月18日，最新监管文件显示，英伟达已抛售所持有的最后110万股Arm控股股票（价值约1.56亿美元）。英伟达 仍持有Arm为期20年的技术授权，其核心产品Grace CPU正是基于Arm架构。截至发稿，Arm上涨0.12%。 ⑤ 【Meta重启智能手表计划，计划2026年推出】 当地时间2月18日，据媒体援引知情人士透露，Meta已重启其"Malibu 2"智能手表项目。知情人士补充 说，该设备将于今年晚些时候发布， ...

Core Viewpoint - NVIDIA is set to unveil a groundbreaking new chip at the GTC 2026 conference, which is expected to further solidify its leadership in AI infrastructure [1][3]. Group 1: Upcoming Events and Innovations - The GTC 2026 conference will take place from March 16 to 19 in San Jose, California, focusing on the new era of AI infrastructure competition [1]. - NVIDIA's CEO Jensen Huang hinted at multiple new chips that will push current physical limits, with speculation that one of them may be based on the Rubin architecture [3]. Group 2: NVIDIA Rubin Platform - The NVIDIA Rubin platform, launched on January 5, consists of six new chips designed for building advanced AI supercomputers, setting a new benchmark for cost-effective deployment and operation of large-scale AI systems [5]. - The Rubin platform introduces five innovative technologies, including next-generation NVIDIA NVLink, Transformer engines, confidential computing, RAS engines, and NVIDIA Vera CPUs, which significantly reduce the GPU count needed for training MoE models [5]. Group 3: Industry Partnerships and Collaborations - Major tech leaders, including OpenAI and Microsoft, have endorsed the Rubin platform, emphasizing its role in enhancing AI capabilities and efficiency [6][7]. - Meta has announced a long-term partnership with NVIDIA, planning to deploy millions of NVIDIA chips in its data centers, marking a significant step in challenging the dominance of traditional x86 architectures [12]. Group 4: Market Trends and Financial Insights - Despite the increasing capital expenditures by major tech companies in AI infrastructure, NVIDIA's stock price has remained relatively stagnant, with a decline of 6.49% since its peak in October 2025 [10][11]. - A report from Huafu Securities indicates that the narrative of "selling shovels upstream" in the AI industry is still ongoing, with projected capital expenditures for major Chinese and American tech giants reaching $404.49 billion in 2026, an 18% year-over-year increase [12][13].

Market Overview - Major U.S. stock index futures are showing slight declines, with Dow futures down 0.12%, S&P 500 futures down 0.08%, and Nasdaq futures down 0.04% [1] Semiconductor Sector - Storage chip stocks are experiencing a pre-market rally, with SanDisk and Micron Technology both rising over 1% [2] Nvidia Developments - Nvidia's CEO Jensen Huang announced that the company has prepared several unprecedented new chips for GTC 2026, emphasizing the challenges of technological limits but expressing confidence in their engineering team [2] - Nvidia has sold its remaining 1.1 million shares of Arm Holdings, valued at approximately $156 million, while still holding a 20-year technology license from Arm [2][4] Meta Platforms - Meta has restarted its "Malibu 2" smartwatch project, which is expected to launch in 2026 with health tracking features and an integrated Meta AI assistant [2] OpenAI Financing - OpenAI is nearing the completion of a new funding round expected to exceed $100 billion, with a projected overall valuation surpassing $850 billion, up from an initial estimate of $830 billion [3] - The pre-funding valuation is expected to remain at $730 billion, with major strategic investors including Amazon, SoftBank, Nvidia, and Microsoft [3] Mining Sector - Rio Tinto's 2025 earnings report showed a basic profit of $10.87 billion, which is flat year-over-year but slightly below market expectations of $11.03 billion, leading to a decline of over 2% in its stock [3] eBay Performance - eBay's Q4 2025 earnings exceeded expectations, reporting revenue of $3 billion, a 15% year-over-year increase, and an adjusted EPS of $1.41, surpassing the anticipated $1.35 [4] - The company also announced the acquisition of the fashion marketplace Depop from Etsy for $1.2 billion [4] Silver Stocks - Silver stocks are showing strength, with Pan American Silver up over 4% and Hecla Mining rising nearly 2% [5] Google and Sea Partnership - Google and Sea have announced a strategic partnership to develop AI tools for Sea's e-commerce and gaming products, including exploring AI Agent shopping prototypes for Shopee [5]

二是英伟达可能提前揭晓下一代Feynman架构芯片，该芯片被业内视为"革命性"产品，可能采用更广泛 的SRAM集成方案，甚至通过3D堆叠技术整合LPU（语言处理单元），不过相关细节尚未得到官方确 认。 "我们准备了多款世界前所未见的全新芯片。这并非易事，因为所有技术都已逼近物理极限，但有了这 样一支团队（由英伟达和SK海力士的内存工程师组成），没有什么是不可能的。"黄仁勋表示。 当前，英伟达所处的市场环境呈现出计算需求逐季变动的态势。在Hopper和Blackwell时代，预训练是 主要的市场需求；而随着Grace Blackwell Ultra和Vera Rubin的问世，推理能力已成为市场核心需求，延 迟和内存带宽则成为主要瓶颈。这种需求的转变直接左右着英伟达的产品设计方向。 当地时间2月18日，英伟达CEO黄仁勋在接受媒体采访时，对即将到来的GTC 2026大会进行预热，他明 确表示将在会上揭晓"世界前所未见"的全新芯片，引发业界广泛关注。 据悉，英伟达GTC2026大会将于当地时间3月15日在加利福尼亚州圣何塞举行，核心聚焦AI基础设施竞 赛的新时代。此外，英伟达还将于当地时间2月25日公布最新财季业 ...

本文转载自第一财经 值班编辑 | 江江 视觉 | 诺言 根据美股机构投资者13F持仓披露情况，截至2025年底，段永平管理的H&H International Investment持仓 总市值约174.89亿美元，折合人民币超1200亿元。 在大幅减持第一大重仓股苹果的同时，段永平在Q4将英伟达仓位狂拉逾11倍，并轻仓"试水"三家极具代 表性的AI垂直领域公司，CoreWeave、Credo Technology、Tempus Ai，持仓分别占比0.12%、0.12%、 0.04%。 此外，段永平还增持了谷歌、拼多多，并大幅减持了光刻机巨头阿斯麦（减持幅度87.63%）。 星标关注《盐财经》 洞察趋势，睿智人生 /// 大家都在看 /// 点 在看 把盐撒给更多的人 | Stock | History | Sector | Shares Held or | Market | % of | Previous | | Change in | 9/2 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | Principal | ...

Market Performance - US equities closed higher, with the Dow Jones Industrial Average increasing by 0.26%, or 129 points, to 49,662 [1] - The S&P 500 rose by 0.56%, or 38 points, to 6,881, while the Nasdaq Composite advanced by 0.78%, or 175 points, to 22,753 [2] Technology Sector - The technology sector experienced a boost, primarily driven by a 1.63% increase in Nvidia shares, which reached $187.98 after the company expanded its partnership with Meta to supply millions of AI chips [3] European Market - In Europe, the Stoxx Europe 600 index surged by 1.20% to a record close of 628.69, with financial stocks rising by 0.86% [4] - France's CAC 40 increased by 0.80% to 8,429, Germany's DAX gained 1.12% to 25,278, and the UK's FTSE 100 climbed by 1.23% to a record 10,686 [5] Japanese Market - In Japan, the Nikkei 225 rose by 1% to 57,143 points, while the broader Topix advanced by 1.20% to 3,807 points [6]

Market Analysis by covering: Oracle Corporation, Salesforce Inc. Read 's Market Analysis on Investing.com ...

Market Overview - Asian shares ended mostly higher, supported by easing AI concerns and positive U.S. economic data, despite thin trading volumes due to Lunar New Year holidays in China, Hong Kong, and Taiwan [1] - The dollar remained firm, while gold prices rose above $5,000 an ounce amid reports of potential U.S. military strikes against Iran [2] - Oil prices extended gains after a more than 4% increase on Wednesday [2] Japan - The Nikkei average increased by 0.57% to 57,467.83, and the broader Topix index rose by 1.18% to close at 3,852.09, driven by tech stocks [3] - SoftBank and Tokyo Electron saw gains of 2.6% and 2.9%, respectively, while Advantest fell by 3.6% due to a ransomware cybersecurity incident [3] South Korea - The Kospi average surged by 3.09% to 5,677.25, marking a record high as traders returned from the Lunar New Year holiday [4] - Major semiconductor stocks led the gains, with Samsung Electronics up 4.9%, SK Hynix up 1.6%, and Hyundai Motor up 2.8% [4] Australia - Australian markets reached a four-month high, with the benchmark S&P/ASX 200 jumping 0.88% to 9,086.20, marking a fourth consecutive session of gains [6] - National Australia Bank rose by 2.4% following strong quarterly results, while BHP increased by 1.8% after reporting higher earnings and revenue for the half-year ended December 31, 2025 [6] New Zealand - New Zealand's S&P/NZX-50 index ended up 1.49% at 13,444.20 after a dovish hold from the Reserve Bank of New Zealand [7] U.S. Economic Data - U.S. industrial production growth for January exceeded market expectations, while new orders for manufactured durable goods declined less than expected in December [8] - Housing starts reached a five-month high, contributing to positive sentiment in the tech sector, particularly following Meta's announcement to deploy millions of Nvidia chips [8]

Market Analysis by covering: NVIDIA Corporation. Read 's Market Analysis on Investing.com ...