以下文章来源于字母榜 ，作者毕安娣 字母榜 . 让未来不止于大 马斯克安内， 黄仁勋攘外。 文 ｜ 毕安娣 编辑 ｜ 王靖 来源｜ 字母榜（ID：wujicaijing） 封面来源 ｜ 视觉中国 就在不久前，2025年特斯拉股东大会如期在美国奥斯汀举办，身穿黑色特斯拉夹克的马斯克站在台上，丝毫不掩饰喜悦——"万亿薪酬方案"被投票通过 了。 在此之前，马斯克、特斯拉董事会、机构股东、散户等各方中，支持派与反对派摩擦激烈。表面上是天价薪酬的争取之战，实际上是马斯克对特斯拉控制 权的保卫战。 反对派的担忧情有可原，"万亿薪酬"是史上最激进的CEO薪酬计划，他们没有其他案例可以参考。 一个绕不开的问题是：为什么其他的科技公司CEO不搞"万亿薪酬"计划？ 同样都是"天价薪酬方案"通过与否的投票，这次与2018年"550亿薪酬方案"的气氛已经有了很大不同。 彼时特斯拉面临生存危机，"破产"猜测四起，马斯克提出的史上最激进薪酬计划被当作天方夜谭。那份薪酬方案的终极目标，是特斯拉达到6500亿美元的 市值，这相当于在当时600亿美元左右的市值基础上膨胀10倍。 而这其中，又属英伟达的创始人兼CEO黄仁勋最为刺眼——他在英伟达 ...

每经编辑｜段炼 11月11日，软银集团宣布出售其持有的英伟达公司全部股份，套现58.3亿美元（约合人民币415亿元）。据悉，软银创始人孙正义计划进行一系列投资， 以构建在人工智能领域的影响力。 截至当地时间11月10日收盘，英伟达股价单日暴涨5.79%，年初至今已涨超48%，总市值达4.84万亿美元（约合人民币34.5万亿元）。 值得注意的是，英伟达创始人黄仁勋自己也在抛售英伟达股票，今年6月至今，他已累计套现超10亿美元。 黄仁勋与孙正义 图片来源：视觉中国（资料图） 据证券时报援引外媒报道，多项最新指标显示，目前AI投资已滑向极端水位，市场风险正加速累积。从机构持股到家庭资产配置，一系列数据发出警 告，这场由AI驱动的投资热潮，恐已逼近临界点。这对于美国经济甚至全球经济的影响都将是巨大的。 孙正义清仓英伟达 追加225亿美元投资OpenAI 据今天（11月11日）下午软银发布的业绩报告，该公司已于10月以58.3亿美元的价格出售了其持有的全部英伟达股份。同时，软银在6月至9月期间出售了 价值91.7亿美元的T-MOBILE股份。 软银还与OpenAI签署了修订协议，承诺将追加投资225亿美元（约合人民币1 ...

Nvidia Shares Dip 2% After SoftBank Sells Entire Stakehttps://t.co/Dth5hZk2vU https://t.co/17uprS22I1 ...

Core Insights - A new data-center hub is being established in collaboration with Nvidia, U.K. AI infrastructure startup Nscale Global Holdings, and data-center builder Start Campus [1] Group 1 - The partnership aims to enhance AI infrastructure capabilities [1] - Nvidia's involvement indicates a focus on advanced computing technologies [1] - The collaboration with Nscale Global Holdings and Start Campus highlights a strategic move towards expanding data-center capacity [1]

AMD或将在分析师日上详细披露其人工智能芯片及系统业务计划，尤其是MI400系列AI芯片的规划， 市场密切关注其能否在英伟达主导的AI芯片市场中扩大份额。 AMD的下一代MI400系列AI芯片成为此次分析师日的重要看点。据报道，该系列产品计划于2026年推 出，将包含针对科学应用和生成式AI的多个变体。 除MI400芯片外，AMD还计划推出完整的服务器机架解决方案。这一产品策略与英伟达的GB200 NVL72产品形成直接竞争，显示出AMD在AI基础设施市场的雄心。 按照惯例，AMD各业务部门负责人将展示未来几年的一系列预测和财务预期。除AI芯片外，公司还将 讨论PC和视频游戏芯片业务以及可编程芯片部门。 分析师看好财务目标上调空间 11月11日，据报道，AMD将于北京时间周三凌晨2点举行三年来首次分析师日活动，预计将公布其人工 智能芯片和系统业务的详细规划。这家芯片设计商正试图在AI市场快速扩张业务，与在数据中心芯片 领域占据主导地位的英伟达展开竞争。 市场焦点集中在AMD即将推出的下一代MI400系列AI芯片上，该系列产品计划于2026年发布，将包含 多个针对科学应用和生成式AI的变体。AMD还计划推出完整 ...

Fred Alger Management, an investment management company, released its “Alger Spectra Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equity markets continued their upward trajectory in the third quarter, with the S&P 500 Index rising 8.12%. A combination of improving economic conditions, solid corporate earnings, and growing expectations for monetary easing drove the strong performance. Against this backdrop, Class A shares of the Fund outperformed the Russell 300 ...

SoftBank Group has decided to sell its stake in the chip maker in order to fuel an even bigger bet on OpenAI. ...

Investment Rating - The report maintains an "Outperform the Market" rating for the electronic industry [1][5][10]. Core Views - The storage shortage and price increase trend is expected to continue throughout 2026, with a focus on profit elasticity exceeding expectations [1]. - The semiconductor sector has reached a new level, with significant growth in sales and improved profit margins, indicating a robust recovery [3]. - The demand for NAND flash memory is projected to rise, particularly in data centers, which are expected to become the largest application market for NAND by 2026 [2]. Summary by Sections Market Trends - The Shanghai Composite Index rose by 1.08%, while the electronic sector saw a slight decline of 0.09%, with consumer electronics down by 2.45% [1][11]. - The semiconductor sales reached a record high of $208.4 billion in Q3 2025, marking a year-over-year increase of 25.1% [3]. Company Performance - SanDisk reported a non-GAAP quarterly revenue growth of 21%, with a gross margin of 29.9%, and a net profit increase of 331% [2]. - Major companies such as NVIDIA continue to show strong growth in AI-related sectors, indicating a sustained demand for computing and storage capabilities [1]. Investment Recommendations - The report suggests focusing on domestic storage manufacturers like Jiangbolong, Demingli, and others, as they are expected to benefit from rising demand and price increases [2]. - Key semiconductor companies recommended for investment include SMIC, Huahong Semiconductor, and others, reflecting their strong market positions and growth potential [3][10].

Group 1: Market Reactions and Trends - The Senate's approval of an agreement to potentially end the government shutdown led to a surge in the three major indexes, recovering from significant losses the previous week [1][6] - The tech-heavy Nasdaq Composite experienced its largest one-day rally since May, indicating a renewed interest in the artificial intelligence sector [6] Group 2: Corporate Actions - SoftBank sold its entire stake in Nvidia for $5.83 billion, with Nvidia shares dropping nearly 2% in premarket trading [2][3] - SoftBank is shifting focus towards OpenAI while still engaging with Nvidia through AI projects like the Stargate initiative [3] - Paramount Skydance announced cost-cutting measures, including layoffs affecting approximately 1,600 employees, and plans to raise prices for its Paramount+ streaming service in Q1 2026 [4][5][7] Group 3: Air Travel Industry - Air travel is facing challenges due to the government shutdown, with over 6% of U.S. flights canceled recently [8] - Demand for private flights has increased, although the FAA has limited private flights at 12 major U.S. airports due to staffing issues [10] Group 4: Philanthropic Initiatives - Berkshire Hathaway's CEO Warren Buffett plans to accelerate the distribution of his $149 billion fortune to his children's foundations while retaining a significant amount of Class A shares to instill confidence in his successor, Greg Abel [12][13]

SoftBank Group has sold its entire stake in Nvidia for $5.8 billion, as the global tech investor shakes its pockets for cash to plow into its massive bet on OpenAI https://t.co/LGqKQqcxPl ...