11月20日，人工智能领域的创新引领者SuperX AI Technology Limited(纳斯达克代码：SUPX)(以下简 称"公司"或"SuperX")发布重磅公告，宣布其控股子公司MicroInference Pte.Ltd.(以下简 称"MicroInference")已获得NVIDIA(英伟达，纳斯达克代码：NVDA)的正式认可，在极具声望的 NVIDIA合作伙伴网络(NPN)中，其"计算"与"网络"两大核心能力领域双双晋升至"优选级别"(Preferred Level)。该晋升自2025年11月19日起正式生效。 MicroInference总部位于新加坡，作为NVIDIA合作伙伴网络(NPN)的资深成员，MicroInference专注于计 算、网络及NVIDIA AI的解决方案，在复杂人工智能与高性能计算工作负载的优化部署方面拥有深厚技 术积累。NVIDIA合作伙伴网络(NPN)是英伟达构建的全球性生态系统，旨在认证和赋能那些在销售、 部署和支持NVIDIA技术解决方案方面展现出卓越专业能力的合作伙伴。 此次晋升标志着MicroInference在提供基于NVIDIA先进技术的端到端计算与 ...

1.【黄仁勋称英伟达有大量新型Blackwell芯片可供销售】英伟达公司首席执行官黄仁勋表示，他的 公司拥有足够的新型Blackwell芯片来满足不断增长的需求，且业务"非常、非常强劲"。黄仁勋对英 伟达第三季财报发布会上的一些言论做出了新的解释。他表示，先前提到Blackwell产品线"售罄"是 指现有芯片已被客户充分使用。黄仁勋说，我们的供应链规划得非常周全。 我们还有很多Blackwell 可供销售 。这些评论延续了英伟达周三早些时候发布财报时展现的乐观基调。该公司驳斥了有关AI领 域支出激增会造成泡沫的担忧。（财联社） 欢迎加入 睿兽分析会员 ，解锁 AI、汽车、智能制造 等相关 行业日报、图谱和报告 等。 2.【IDC：预计2026年中国智能眼镜市场迎来规模化拐点】IDC发文称，在AI的赋能下，智能眼镜市 场正从通用型产品向场景化解决方案转变，有望成为手机、汽车、智能家居等终端的关键信息输入端 口。IDC预计，2026年智能眼镜市场将迎来规模化拐点，全球智能眼镜市场出货量预计将突破 2368.7万台，其中中国智能眼镜市场出货量将突破491.5万台。（腾讯网） 3.【马斯克：当前AI发展的真正瓶颈既不 ...

今天的全球市场，仿佛坐上了一辆失控的过山车。美股开盘狂欢，收盘惨淡；A股高开低走，资金悄然调仓。背后隐藏的，是投资者对人工智能泡沫的担 忧、美联储降息预期的摇摆，以及一场全球资本的重构浪潮。 1. 短期谨慎，长期布局：市场调整或近尾声，A股中期向好逻辑未变（如低估值修复、政策支持）。操作上建议逢低布局消费、新能源等确定性板块。 引言 1. 戏剧性逆转：美股三大指数早盘在英伟达和沃尔玛亮眼财报的推动下强势上涨，纳指一度涨超2.5%，但午后风云突变，科技股集体抛售导致指数大幅 收跌。最终，道指跌0.84%，标普500指数跌1.56%，纳指暴跌2.15%，创下数月来最大单日跌幅。 2. 科技巨头"熄火"：英伟达盘中涨幅一度达5%，但收盘反而跌超3%；亚马逊、特斯拉、微软等科技"七巨头"全线下跌。市场对AI概念股的估值担忧加 剧，即便业绩超预期，也难挡获利盘出逃。 3. 波动率飙升：恐慌指数VIX跃升至26.42，为7个月新高。资产管理公司Nationwide策略师马克·哈克特指出："这是一次协调性的风险厌恶交易——从科 技股到加密货币都在被抛售。" 1. 反弹昙花一现：昨日A股三大指数早盘高开上行，但午后集体翻绿， ...

Economic Policy and Market Reactions - President Trump has proposed a $2,000 "tariff rebate" for middle and lower-income Americans, suggesting that tariff revenues could fund this initiative, although economists express skepticism about its feasibility and potential inflationary effects [2][3][4] - The estimated cost of providing a $2,000 payment to every American could reach approximately $600 billion, which is about three times the current annual tariff revenue [3] - The market's response to Trump's economic policies has been volatile, with significant fluctuations influenced by both positive corporate earnings and fears surrounding the "AI bubble" [9][12] Energy Sector Developments - The Trump administration announced plans for new oil drilling off the coasts of California and Florida, aiming to bolster domestic energy production [5] - While the American Petroleum Institute praised the move as historic, there is significant opposition from California's Governor and environmental groups, raising concerns about ecological impacts [6] - The immediate market reaction to the drilling announcement was muted, with WTI Crude Oil prices falling over 2% to $59.50 per barrel [6] Tariff Policies and Global Trade - Trump's administration has a history of imposing tariffs, including a proposed 155% tariff on Chinese imports, which previously caused a significant sell-off in U.S. stocks [10][11] - The Tax Foundation estimates that Trump's tariffs could result in an average tax increase of $1,200 per U.S. household in 2025 and $1,600 in 2026 [11] - Recent tariff reductions on over 200 agricultural products indicate a complex approach to trade policy, amidst ongoing legal reviews of the President's tariff powers [11] Market Volatility and Investor Sentiment - The stock market has experienced significant ups and downs, with the Dow Jones Industrial Average rising by 712 points on November 20, 2025, largely due to Nvidia's strong quarterly report [8] - However, fears of an "AI bubble" led to a decline in the S&P 500 by 1.6% the following day, highlighting the market's sensitivity to broader economic narratives [9] - The unpredictable nature of market reactions to Trump's policies creates a challenging environment for investors, who must navigate a landscape filled with contradictory information and potential economic shifts [12][13]

European stocks are seen opening lower on Friday, with lingering concerns over stretched valuations in the artificial intelligence sector and interest-rate worries likely to weigh on sentiment. The U.S. Bureau of Labor Statistics will not release the October jobs report as the 43-day federal government shutdown disrupted data collection. Instead, it will release some of the October jobs data - most importantly the number of jobs that employers created last month - along with the full November jobs report o ...

据新华社纽约11月20日电 由于市值龙头股英伟达公司财报未能持续提振市场人气，纽约股市三大股指 20日由涨转跌，收盘时三大股指均明显走低，遭遇少见的大幅反转行情。 截至当天收盘，道琼斯工业平均指数比前一交易日下跌386.51点，收于45752.26点，跌幅为0.84%；标 准普尔500种股票指数下跌103.40点，收于6538.76点，跌幅为1.56%；纳斯达克综合指数下跌486.18点， 收于22078.05点，跌幅为2.15%。 标普500指数11大板块10跌1涨。科技板块和非必需消费品板块分别以2.66%和1.73%跌幅领跌，仅必需 消费品板块上涨1.11%。 与此同时，因美国联邦政府"停摆"而延迟发布的9月就业数据当日早间出炉。美国劳工部数据显示，9月 美国失业率升至4.4%，为2021年11月以来最高水平。 芝加哥商品交易所美联储观察工具显示，截至当日17时45分，市场认为美联储在12月货币政策会议上降 息25个基点的概率从前一日的30.1%升至39.5%，但仍明显低于一周前的50.1%和一个月前的98.8%。市 场对美联储12月继续降息的预期未能显著升温，进一步打压市场人气。 美联储理事迈克尔·巴 ...

Key TakeawaysSoftBank Group's (9984.T) shares plunged over 10% in Asian markets, reflecting a broader tech and AI sell-off driven by fears of an AI bubble, despite Nvidia Corporation's (NVDA) strong earnings report.Foreign investors are aggressively acquiring Japanese Government Bonds (JGBs) as yields surge, indicating a significant shift in global fixed-income investment strategies.French telecom companies are reportedly exploring a wider bid for assets belonging to billionaire Patrick Drahi, signaling pot ...

Core Viewpoint - Nvidia's impressive earnings report did not lead to the expected market rally, instead resulting in a significant market downturn, highlighting the sensitivity of high-valuation stocks to interest rate expectations [1][5][11]. Financial Performance - Nvidia reported Q3 2026 fiscal year revenue of $57 billion, a year-over-year increase of approximately 62% and a quarter-over-quarter increase of about 22% [2]. - The data center business generated $51.2 billion in revenue, reflecting a year-over-year growth of 66% and a quarter-over-quarter growth of 25% [2]. - The GAAP gross margin was around 73%, indicating strong profitability [2]. - Nvidia's management provided a Q4 revenue guidance of approximately $65 billion, significantly above market expectations [2]. Market Reaction - Following the earnings report, futures and after-hours stock prices rose, with the S&P 500 and Nasdaq initially showing strong gains [3]. - However, the market reversed course within half a day, leading to a decline in major indices and Nvidia's stock price [4][5]. Economic Indicators - The release of the delayed September U.S. non-farm payroll report showed mixed results, with job additions of approximately 119,000, exceeding expectations of 50,000, but the unemployment rate rose to 4.4% [6][7]. - This data suggested a robust economy, which tempered expectations for immediate interest rate cuts by the Federal Reserve [7]. Technical Factors - A significant amount of options expired, triggering mechanical selling pressure in the market [9]. - The market experienced a broader risk reduction and deleveraging, affecting not only U.S. stocks but also cryptocurrencies [10]. Investment Insights - The day’s events indicated a re-evaluation of valuations and positions rather than a fundamental decline in the AI sector [11]. - Investors are advised to maintain a balanced approach to AI investments, diversifying across various assets rather than concentrating on a single stock [14].

截至当天收盘，道琼斯工业平均指数比前一交易日下跌386.51点，收于45752.26点，跌幅为0.84%；标 准普尔500种股票指数下跌103.40点，收于6538.76点，跌幅为1.56%；纳斯达克综合指数下跌486.18点， 收于22078.05点，跌幅为2.15%。 标普500指数11大板块10跌1涨。科技板块和非必需消费品板块分别以2.66%和1.73%跌幅领跌，仅必需 消费品板块上涨1.11%。 新华社纽约11月20日电 综述｜人工智能泡沫担忧加剧 美股遭遇巨幅震荡 新华社记者刘亚南 由于市值龙头股英伟达公司财报未能持续提振市场人气，纽约股市三大股指20日由涨转跌，收盘时三大 股指均明显走低，遭遇少见的大幅反转行情。 与此同时，因美国联邦政府"停摆"而延迟发布的9月就业数据当日早间出炉。美国劳工部数据显示，9月 美国失业率升至4.4%，为2021年11月以来最高水平。 芝加哥商品交易所美联储观察工具显示，截至当日17时45分，市场认为美联储在12月货币政策会议上降 息25个基点的概率从前一日的30.1%升至39.5%，但仍明显低于一周前的50.1%和一个月前的98.8%。市 场对美联储12月继续降息 ...

该行将英伟达2027及28财年销售预测分别上调19%及26%，同期非公认会计准则(non-GAAP)毛利率预测 由76%及76.1%，下调至75%及75.3%，但仍将每股盈利预测分别上调12%及19%，至8.1美元及10.08美 元。该行将其目标价由220美元上调至270美元，维持"买入"评级。 花旗发表研究报告指，英伟达指引明年1月底止末财季销售额将达650亿美元，高过市场预期的630亿美 元。随着台积电的CoWoS晶圆产能预计明年将增长至120万，加上英伟达近期与Anthropic及中东合作伙 伴达成新协议，该行认为英伟达有望加快突破2025及26年数据中心销售达5000亿美元的目标。 ...