截至发稿，超威 半导体盘前跌逾3%，英伟达跌近3%，高通、台积电跌逾1%。 ...

每经AI快讯，1月20日，美股大型科技股盘前普跌。微软、苹果跌超1%；Meta、英伟达、谷歌跌近 3%；亚马逊、特斯拉跌超3%。 ...

US stock futures crash: Dow, S&P 500 sink on Trump’s Greenland tariffs - The Dow Jones Industrial Average futures sank 722 points, or 1.46%, to 48,825.00. Simultaneously, S&P 500 futures dropped 109.75 points (1.57%) to 6,867.00, while the tech-heavy Nasdaq-100 futures slid 475.75 points (1.85%) to 25,213.25. This massive sell-off follows President Trump’s weekend ultimatum regarding the "complete and total purchase of Greenland." The administration threatened 10% tariffs starting February 1, scaling to 25 ...

然而，在Google、Meta等北美业者积极扩张自研ASIC方案的情况下，预计2026年ASIC AI Server的出货 占比将提升至27.8%，为2023年以来最高，出货增速也超越GPU AI Server。Google对自研ASIC的投资力 道明显强于多数CSP，将成为ASIC市场领头羊，其TPU除了自用于Google Cloud Platform云端服务基础 设施外，也积极对外销售于Anthropic等业者。 智通财经APP获悉，根据TrendForce集邦咨询最新AI Server研究报告，北美云端服务供应商(CSP)持续加 强对AI基础设施投资力道，预估将带动2026年全球AI Server出货量年增28%以上。此外，AI推理服务产 生的庞大运算负荷，将通用型Server (General Server)带入替换与扩张周期。因此，TrendForce集邦咨询 预估2026年全球Server (含AI Server)出货量也将年增12.8%，成长幅度较2025年扩大。 TrendForce集邦咨询表示，2024至2025年Server市场主要聚焦先进大型语言模型(LLM)训练，并依赖配 套GPU、H ...

Everything from bubble-bursting events to the ambitious innovation cycle overseen by Nvidia's CEO, Jensen Huang, threatens to curb its storybook ascent.No trend has been hotter over the last three years than the rise of artificial intelligence (AI). Empowering software and systems with the tools to make split-second decisions without human oversight is a technological leap forward that can add trillions to the global economy.Although a laundry list of public companies has benefited from the AI revolution, n ...

Investment Rating - The report indicates a positive outlook for the storage industry, particularly in DRAM and NAND sectors, with expectations of price increases and demand recovery in the coming quarters [6][20][44]. Core Insights - The report highlights a significant transition in the memory market, with major manufacturers like Samsung, SK Hynix, and Micron phasing out DDR4 production in favor of DDR5 and HBM technologies, which is expected to tighten supply and drive prices up [6][23][24]. - DRAM prices have surged, leading to increased activity in the spot market, while NAND prices have stabilized after a period of volatility [6][47]. - The rise of AI PCs is anticipated to boost demand for high-performance memory solutions, with projections indicating a 37% penetration rate by 2025 [6][21][22]. - ODM manufacturers are cautious about demand in the second half of the year, anticipating a slowdown due to earlier stockpiling and market uncertainties [6][20]. - Ongoing geopolitical tensions and tariff adjustments are influencing supply chain dynamics and market stability, with potential long-term implications for pricing and availability [6][7][20]. Summary by Sections Macro Economy - In May, China's manufacturing PMI rose to 49.5%, indicating improved manufacturing activity, while the U.S. PMI remained below expansion levels at 48.5% [7][9]. - The report notes a 10.8% year-on-year growth in China's electronic information manufacturing sector from January to April [12][13]. Upstream Market - Global laptop shipments are expected to increase by 5.8% in Q2, driven by preemptive stockpiling and seasonal demand [20][21]. - Major manufacturers are transitioning away from DDR4, with supply constraints expected to impact pricing significantly [23][24]. Storage Market Dynamics - The report details a notable increase in DRAM prices, with DDR4 prices rising from $2.4 to $3.95, a 64% increase [23]. - NAND flash market dynamics are shifting, with Samsung's exit from the MLC market expected to create supply shortages and price increases [28][29]. Application Market - The PC market is experiencing fluctuations, with major manufacturers reporting mixed results in shipments and revenues due to seasonal effects and tariff uncertainties [71][72]. - AI server-related revenues are projected to grow significantly, while traditional PC demand remains uncertain [72][74].

Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The storage market is experiencing a gradual recovery, with manufacturing PMI in China rising to 50.2%, indicating expansion in the manufacturing sector [8][10] - The semiconductor industry is facing challenges due to geopolitical tensions and trade restrictions, impacting investor confidence [23] - AI and generative AI are driving significant demand for advanced semiconductor solutions, with expectations for growth in AI-related chip demand [23][25] - The report highlights a shift in production focus among major manufacturers towards high-end products like DDR5 and HBM due to declining prices in traditional DRAM products [36] Summary by Sections Macroeconomic Overview - China's manufacturing PMI increased by 1.1% to 50.2%, indicating a recovery in manufacturing activities [8][10] - The U.S. manufacturing PMI was reported at 50.9% in January, showing a positive trend since October [8][11] - Global economic expansion is expected to be supported by lower interest rates and growth-promoting policies, particularly in the U.S. [8] Upstream Market - Omdia forecasts a 6% increase in DRAM wafer production capacity for Samsung Electronics, with a target of 789 million wafers in 2025 [19] - SK Hynix plans to increase DRAM wafer input by 15%, with a focus on maximizing production at its facilities [19] - SEMI predicts a 6.6% annual increase in semiconductor capacity, reaching 33.6 million 8-inch wafers by 2025 [20] Company Dynamics - Samsung Electronics reported a sales figure of 30.1 trillion KRW for its semiconductor division in Q4 [29] - SK Hynix is set to begin mass production of HBM3E products in the first quarter of 2025 [34] - Micron plans to increase its HBM market share to 20% by 2025, with significant expansions in production capacity [34] Application Market - Intel's upcoming Panther Lake processors will support AI operations, expected to launch in 2025 [85] - AMD's Ryzen AI Max series processors, featuring advanced AI capabilities, are set to be released in the first quarter of 2025 [86] - Qualcomm's Snapdragon X series PC processors will support AI applications and are expected to launch in the first quarter [87] Domestic Spot Market - The domestic storage spot market remains stable, with prices showing a slight decline [44] - NAND inventory levels are nearing completion, with some manufacturers transitioning from sellers to buyers, providing price support [45] - DDR5 memory prices have seen a significant increase, with costs rising from $4.70 to $4.90-$5.00 [47]

Several top hedge fund managers bought shares of Nvidia and Western Digital in the third quarter.Very few professional money managers outperform the S&P 500 (^GSPC 0.06%) over long time periods, but the ones who do are great sources of inspiration. Investors can track their trades by browsing Forms 13F filed quarterly with the SEC.In the third quarter, these hedge fund billionaires (all of whom beat the S&P 500 over the last three years) purchased shares of Nvidia (NVDA 0.29%) and Western Digital (WDC 0.27% ...

SCROOM 11:41 children 欧洲要打造自主版DeepSeek 据《连线》报道，随着美国与其欧洲盟友之间的关系显现出紧张迹象，欧洲大陆的AI公司正在探索创新路径，以缩小与主导该领域的美国竞争对手之间的 差距。现在，他们正寻求借鉴去年一鸣惊人的DeepSeek。 除了极少数特例外，美国公司目前在AI产业链的各个环节皆领先于欧洲同行，从处理器设计与制造、数据中心容量到模型与应用开发。同样地，美国吸引 了流入AI领域的巨额资金，这从其本土股票去年的表现及经济增长中可见一斑。 "我们过于轻信了'创新仅在美国发生'的说法，这种说法认为我们已经错过了AI这班列车，甚至不该对此抱有任何想法，"牛津大学数字伦理与国防技术教授 罗萨里亚·塔德奥(Rosaria Taddeo)指出，"这是一种危险的论调。" 与那些对训练数据或模型设计细节讳莫如深、几乎不对外分享的大型美国公司相比，欧洲AI实验室可能拥有的一项优势在于愿意以开放方式推进研发。从 理论上讲，通过发布任何人都可使用或修改的模型，欧洲AI公司取得的突破可以在合作者不断打磨中叠加放大。 "这将使得这些模型的性能成倍增长，"德国汉诺威莱布尼茨大学计算机科学教授 ...

智通财经APP获悉，根据LSDEG I/B/E/S汇编的最新统计数据，华尔街分析师们对于美股基准股指——标普500指数(S&P 500)的2025年全年盈利增长预期已 经从10月17日的同比大幅增长20.9%(+20.9%)显著上升至截至2026年1月16日的最新增长预期——+25.4%。根据华尔街分析师们一致预期，预计2026年标普 500指数中广泛的科技行业的盈利增长率将比标普500指数整体盈利呈现更强劲的增长步伐。 截至上周末，根据最新一致预期，华尔街分析师们预计标普500指数中的广泛科技行业在2025年全年的盈利增长率为+25.4%，预计2026年科技行业的盈利增 长率将高达惊人的+31.1%，明显高于2025年增速以及远远高于美股市场的历史平均盈利水平。 而在美股的广泛科技行业中，当属在标普500指数以及纳斯达克100指数中占据高额权重的Mag 7(即七大科技巨头)对于科技板块盈利影响最大。根据机构汇 编的分析师一致预期，"七大科技巨头"，即"Magnificent Seven"(Mag 7)2026年整体盈利增长率约为24%，作为对比，标普500其余493家公司的盈利预计增 长约12.5%。 也就 ...