Asian stocks fell sharply on Tuesday to extend losses from the previous session as the latest Middle East conflict entered its fourth day. U.S. President Donald Trump suggested the war may last four to five weeks but could "go far longer than that," raising concerns a prolonged conflict could lead to a substantial spike in inflation. Gold ticked lower toward $5,300 an ounce as the dollar held gains on risk-off sentiment in financial . Oil prices continued to rise, with Brent contract surging over 4 percent ...

CPO Switch and OCS will co-exist, but main use case would be scale up. CPO switch is mainly pushed by NVDA, and shipment this year is expected to be 16K to 20K. For 2027, demand could skyrocket to 100K owing to adopting CPO in scale-up scenario (Rubin Ultra) by connecting racks. NVDA, Broadcom and Marvell are all working closely with TSMC on CPO, as TSMC will package the optical engines into the switch chip (or GPU in case of OIO solution). NVDA introduced a pluggable FAU made by Senko in its CPO switch, wh ...

英伟达过去两个季度的股价几乎没动，但摩根士丹利的判断是：基本面反而在变强，市场只是被两件事卡住——增长能不能"熬过"2026，以及市场份额会不会 被ASIC、AMD慢慢啃掉。大摩把英伟达重新抬回半导体板块的"首选"，维持增持评级与260美元目标价，并把当前估值视作少见的介入窗口。 据追风交易台，摩根士丹利北美半导体分析师Joseph Moore在最新报告中表示，英伟达以2027年盈利计仅约18倍市盈率，是一个出人意料的好切入点。他的 逻辑不是押注下个季度再超预期，而是押注投资人对"增长耐久度"的怀疑，会在未来几个月开始松动。 它提到一个反常对比——当初把板块首选从英伟达换到SanDisk、再换到美光之后，内存股累计涨幅达到300%—900%，而英伟达股价"原地踏步"；与此同 时，英伟达"当前季度"的盈利预期在6个月里上调了38%。这意味着，压着股价的不是数据，而是对周期寿命的怀疑。 报告也把这种情绪波动放进历史模式： 过去三年里，每年年初市场都会对"下一年"不放心，直到可见度补上，股价才出现阶段性跑赢。它押注2026年会重复 这一过程。 供应链给出的信号偏"硬"：三年锁单、甚至全额预付 摩根士丹利认为，持续性 ...

证券分析师 程强 资格编号：S0120524010005 邮箱：chengqiang＠tebon.com.cn 陈梦洁 资格编号：S0120524030002 邮箱：chenmj3＠tebon.com.cn 徐梓煜 资格编号：S0120524080004 邮箱：xuzy＠tebon.com.cn 徐宇博 资格编号：S0120525090001 邮箱：xuyb5＠tebon.com.cn 周天昊 资格编号：S0120525040002 邮箱：zhouth＠tebon.com.cn 产业经济周报 研究助理 夏欣锐 邮箱：xiaxr＠tebon.com.cn 相关研究 春节餐饮市场迎"开门红"，关注 AI 制药、CPO 等产业新趋势 [Table_Summary] 投资要点： 风险提示：宏观经济波动风险、市场竞争风险、产品创新不及预期等 证券研究报告|产业经济周报 2026 年 03 月 03 日 请务必阅读正文之后的信息披露和法律声明 | 图 | 1：2025 | 年全国餐饮行业景气指数走势 3 | | --- | --- | --- | | 图 | 2：2025 | 年主要餐饮细分赛道的人均消费情况（单位：元） ...

[Table_Reportdate] 2026年03月03日 陈芯楠 S0630525090001 cxn@longone.com.cn 证券分析师： 王洋 S0630513040002 wangyang@longone.com.cn 证券分析师： 李嘉豪 S0630525100001 lijiah@longone.com.cn [晨会纪要 Table_NewTitle] 20260303 重点推荐 财经要闻 晨 会 纪 要 证券研究报告 HTTP://WWW.LONGONE.COM.CN 请务必仔细阅读正文后的所有说明和声明 [table_summary] [证券分析师： Table_Authors] ➢ 1.英伟达业绩继续超预期，关注GTC大会新品发布——电子行业周报2026/2/23-2026/3/1 ➢ 2.把握商品周期与科技赋能主线，关注油价变量——资产配置周报（2026/02/23- 2026/02/27） ➢ 1.央行：有序推进金融高水平对外开放 ➢ 2.郑栅洁主持召开民营企业座谈会，听取关于扩内需稳投资等意见建议 | 1.1. 英伟达业绩继续超预期，关注 GTC 大会新品发布——电子行业周报 ...

Among small retail investors, following what billionaire hedge fund managers are doing is a popular strategy. While it's not perfect, it has several advantages, among them that it allows you to piggyback on some of the expensive research done by the largest actively managed funds in the world. However, there are some caveats to this strategy.One billionaire whom I follow is David Tepper, who founded and runs Appaloosa Management. He has a great track record of success, so seeing that he reduced his stakes i ...

Group 1 - The article provides a market analysis covering major technology companies including Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, and NVIDIA Corporation [1] - It highlights the performance trends and financial metrics of these companies, indicating their positions in the market [1] - The analysis includes insights into revenue growth, market share, and competitive dynamics within the technology sector [1] Group 2 - Microsoft Corporation is noted for its strong cloud services growth, contributing significantly to its overall revenue [1] - Alphabet Inc Class A shows robust advertising revenue, which remains a key driver for its financial performance [1] - Amazon.com Inc continues to expand its e-commerce and cloud computing segments, reflecting a diversified revenue stream [1] - NVIDIA Corporation is recognized for its leadership in graphics processing units (GPUs) and artificial intelligence technologies, driving substantial growth [1]

2026年3月3日星期二 ➢ 伊朗战争刺激美通胀担忧；英伟达 H200芯片或对华限购。A股午后冲高后 维持强势 。 上 证 指 数 收 涨 0.47% 报 4182.59点，深证成指跌0.2%，创业板 指跌0.49%。油气板块多行业领涨大盘。 避险情绪引发港股大挫。恒生指数收跌 2.14%报26059.85点，恒生科技指数跌 2.89%，恒生中国企业指数跌1.78%。油 气行业大爆发，贵金属板块涨幅居前。 大市成交额大放量至3576.787亿港元。 外盘方面，欧洲三大股指全线收跌，美 国三大股指收盘涨跌不一，道指跌 0.15%报48904.78点，标普500指数涨 0.04%报6881.62点，纳指涨0.36%。美国 称对伊朗最严厉打击尚未到来，否认会 陷入持久战。据悉美国考虑出台英伟达 H200芯片限购令，每个中国买家购买 上限为7.5万枚。 | 26059.85 | -2.14 | 1.67 | | --- | --- | --- | | 8701.91 | -1.78 | -2.38 | | 4989.37 | -2.89 | -9.55 | | 120.04 | 1.58 | -2.77 | | 41 ...

以下文章来源于东四十条资本 ，作者韦香惠 东四十条资本 . 聚焦股权投资行业人物、事件、数据、研究、政策解读，提供专业视角和深度洞见 | 创投圈有趣的灵魂 将投中网设为"星标⭐"，第一时间收获最新推送 "AI是否过热"不断被反复讨论。 作者丨 韦香惠 来源丨 东四十条资本 宣布新一轮融资不到一个月的时间，美国AI芯片超级独角兽Cerebras再次被传出IPO计划。据外媒报道，该公司一直在与潜在投资者会面，上市最早可 能在今年4月进行。 今年2月初，Cerebras通过一轮私募融资筹集了约10亿美元，包括新投资，使公司估值达到230亿美元。按此计算，Cerebras已经超过不久前被英伟 达以200亿美元收购的Groq。 成立不到三年的AGI投资基金3C AGI Partners（以下简称"3C"），是少数同时押注Cerebras与Groq的机构之一。创始人王康曼认为，从数字上看， 市场确实在讨论Cerebras的IPO估值可能高于Groq被英伟达收购的大致水平，但两者逻辑不同。Groq更像被并入GPU帝国的"关键模块"，Cerebras 更像一家具备完整系统与商业闭环的"独立基础设施平台"，估值反映的是长期自由 ...

Shanghai and Shenzhen also fell 0.07% and 1.05% respectively. Japan’s Nikkei 225 declined 2.4% or 1,427 points, landing at 56,629 by 10:10 am. Analysts noted that Japan, which relies heavily on oil and natural gas shipments through the Strait of Hormuz, could face supply challenges. However, the country’s stockpile of over 200 days of energy means the immediate threat remains limited. Japanese energy shares were hit particularly hard, with Eneos Corp. falling nearly 6% and Idemitsu Kosan down almost 4%. Def ...