【热点事件】 订单超预期+业绩创历史！SK海力士尽享AI存储红利 据业内消息，在存储芯片行业景气度持续回升、AI算力需求高速增长的背景下，SK海力士斩获重磅订单，凭借领先的产品 良品率以及长期积累的客户信任度，成功拿下英伟达Vera Rubin平台约70%的HBM4订单，这一订单份额显著超出市场此前 预期。 此前1月28日，SK海力士发布了截至2025年12月31日的2025财年及第四季财务报告，得益于自2025年下半年以来AI需求爆 发推动的存储芯片供应紧缺和价格大涨，SK海力士多项业绩指标均创下了历史新高。其中，2025财年第四季营收为32.8267 万亿韩元，同比增长66%，环比增长34%；营业利润为19.1696万亿韩元，同比暴涨137%，环比增长68%。 【机构观点】 截至2026年1月30日 13:38，科创芯片设计ETF天弘(589070)盘中换手16.91%，成交9810.98万元，市场交投活跃。跟踪的上 证科创板芯片设计主题指数(950162)一度强势涨超3%，现涨2.80%，成分股澜起科技上涨12.54%，普冉股份上涨11.64%， 中微半导上涨9.75%，聚辰股份，芯原股份等个股跟涨。 ...

①阿里平头哥上线自研高端AI芯片"真武810E"，性能对标英伟达H20。知情人士透露，阿里正考虑将未 来三年投入到AI基建与云计算上的3800亿元提升至4800亿元。 格隆汇1月30日｜今日上午，半导体板块盘中拉升，成份股普冉股份、中微半导、芯原股份分别涨 9.88%、9.21%和6.97%，带动科创芯片设计ETF天弘(589070)标的指数上演V型拉升，从早盘深跌2%翻 红上涨1%，盘中振幅高达3%，该ETF上个交易日大幅"吸金"超6200万元。 科创芯片设计ETF天弘(589070)专注产业"大脑"环节，芯片设计行业占比96%，涵盖 CPU、GPU、AI 芯 片、存储芯片、模拟芯片等，完整覆盖芯片设计产业链，前十大成分股涵盖寒武纪(AI训练芯片)、海光 信息(通用计算芯片)、澜起科技(内存接口芯片)、芯原股份(IP核)等AI算力体系核心企业，直接受益AI算 力爆发。 消息面上： ②黄仁勋透露下一代AI芯片Rubin需求"极其强劲"，正携手英特尔开发定制X86处理器，今年预增大幅 增长。他还警示，台积电未来十年产能扩充将面临严峻的能源挑战。 国信证券指出，受AI增量需求拉动，电子上游涨价品类不断增加，存储和 ...

Core Insights - Anthropic's revenue is projected to grow at a faster rate than previously expected [1] Company Updates - Recent updates have implications for Nvidia and other AI stocks [1]

Market Volatility - US financial markets experienced extreme volatility, with an estimated $9 trillion movement in market capitalisation within a few hours, indicating heightened uncertainty across asset classes [1][2] - Gold prices initially fell by approximately 8% but recovered swiftly, reflecting intense intraday trading activity [2][5] - Silver prices dropped by 11.9% amid a slump in major US AI and technology stocks, highlighting the interconnectedness of precious metals and tech equities [5][6] Gold and Silver Price Movements - Gold prices saw a significant decline, erasing almost $3 trillion in value as US markets opened, before recovering close to $2 trillion by market close [2][3] - Silver initially wiped out around $750 billion but later added back nearly $500 billion, showcasing its volatility [3] - Gold peaked just below $5,600 before experiencing a sharp decline, while silver peaked above $121 per troy ounce, marking its strongest monthly gain outside December 1979 [5][6] Impact on US Equities - The S&P 500 erased $780 billion in intraday trading but recovered $530 billion by the close, reflecting the overall market volatility [3] - The Nasdaq dropped around 2.4% initially, with a wipeout of $760 billion before recovering $580 billion by the end of the session [3] - Combined US equities erased $1.15 trillion intraday and recovered $1.07 trillion by the close, indicating significant market fluctuations [3]

Group 1 - The core point of the article is that Nvidia, Microsoft, and Amazon are negotiating to invest up to $60 billion in OpenAI, which would be the largest single funding round in the AI sector to date [1][4] Group 2 - Nvidia plans to lead the investment with $30 billion, as it is a key chip supplier for OpenAI, providing GPUs for training models like ChatGPT [4] - Microsoft, as OpenAI's largest strategic partner and cloud service provider, intends to invest less than $10 billion, continuing its support since 2019 while avoiding excessive dilution of its equity [4] - Amazon is looking to invest over $10 billion, potentially exceeding $20 billion, marking its first direct investment in OpenAI, which is seen as a strategic move to strengthen its AI ecosystem against Microsoft Azure [4] Group 3 - The funding round is perceived as a response to competitive pressures, especially after Anthropic raised $7.3 billion and other tech giants like Google and Meta accelerated their AI investments [4] - OpenAI's CEO Sam Altman has indicated that future funding needs could reach trillions of dollars to achieve the goal of Artificial General Intelligence (AGI), making this financing round just the first step in a long-term plan [4]

Americas Technology: Hardware: AI Project Pulse: January 2026 29 January 2026 | 1:57PM EST Equity Research We summarize recent announcements and developments in the AI project space across neoclouds, sovereigns, and enterprise made in January 2026. This represents select project announcements and is not indicative of the total AI infrastructure opportunity. We also include an interactive data center project cost calculator to provide a high-level framework on how to size spend by total power or number of XP ...

January 29, 2026 04:48 AM GMT NVIDIA Corp. | North America NVDA: FAQs on what it will take for the stock to outperform Unless otherwise noted, all metrics are based on Morgan Stanley ModelWare framework NVIDIA's recent underperformance has happened while near- term expectations remain high, which is different; while there is a wall of worry to climb, we think a strong Vera Rubin ramp will mitigate any share concerns, and expect to see outperformance from here. Key Takeaways We have been somewhat surprised a ...

这一判断从何小鹏强调小鹏Robotaxi开放SDK计划通过生态合作覆盖全球市场、英伟达通过开源降低研 发门槛为场景创新者提供平等参与的技术基座、PIX等企业通过场景落地运营践行行业发展新阶段等事 件得以佐证。市场认为，随着越来越多企业在各自优势领域的实践落地，自动驾驶行业竞争将从技术内 卷转向生态协同。 值得关注的是，头部车企此前追求"芯片-算法-数据"全栈自研的重投入模式，使行业竞争聚焦在"算力竞 争"上。而英伟达开源Alpamayo的举动或将彻底改变这一行业困境，开源背景下二线车企、科技公司可 直接基于基础模型调整，大幅降低车企与科技公司的研发门槛， 竞争焦点转向"空间服务+高频运营"的 复合商业模式。 以PIX近期在贵阳启动的商业化运营项目"奇遇环线（WonderLoop）"为例，公司通过与勘设股份 （603458.SH）的控股子公司泰宇坦行合作，协同构建一个开放的生态系统，共同推动智慧交通融入城 市并成为新型基础设施，构建以"城市机器人出行服务"为主的城市增值网络，共同推动智慧交通服务融 入城市日常。 行业格局的改变势必会带来资本市场的价值重估。在二级市场，诸如均胜电子（600699.SH）等具备软 ...

OpenAI’s largest suppliers may soon become its biggest backers. Amazon, Microsoft, and Nvidia are in talks to invest in the ChatGPT developer as it prepares for a potential fourth-quarter IPO, according to reports. Earlier reports said Amazon was in talks to invest up to $50 billion in OpenAI, according to the Wall Street Journal. The move would make Amazon one of OpenAI’s largest backers. Additional reporting by The Information said the fundraising effort could expand to include Microsoft and Nvidia, w ...

图片来源： Unsplash OpenAI 正在寻求筹集高达 1000 亿美元的资金，以满足其 AI 日益增长的需求，并已从一些最大的科技合作伙伴处获得巨额支票。 据知情人士透露，现有 投资者英伟达正在谈判投资高达 300 亿美元，该公司的芯片为 OpenAI 的 AI 模型提供算力支持。 长期支持者微软正在谈判投资不到 100 亿美元，该公司拥有将 OpenAI 模型销售给其云客户的独家权利。 而潜在新投资者亚马逊也在谈判投资显著超过 100 亿美元的资金，甚至可能超过 200 亿美元。 两位知情人士透露，这些投资将不包含现有投资者软银的注资，后者目前也正就高达 300 亿美元的投资进行谈判。若本轮巨额融资能够顺利落地，将缓解 投资者对公司资金消耗的担忧。近期公开市场投资者对 OpenAI 履行其向甲骨文和微软支出承诺的能力日益存疑。 这轮融资前，公司估值或达 7300 亿美元。 科技巨头的参与将为 OpenAI 提供远超以往的可用资源，用以支付 AI 模型的训练和运行成本以及其他计算费用——该公司去年夏季预估 2026 至 2030 年间 相关开支将超过 4300 亿美元，期间还将消耗近 700 亿美元资 ...