Core Viewpoint - Qualcomm reported its Q1 FY26 earnings on February 4, 2024, exceeding market expectations, but its outlook was negatively impacted by a global memory shortage, leading to a significant drop in stock price [1][2]. Financial Performance - For Q1 FY26, Qualcomm achieved revenue of approximately $12.25 billion, a 5% year-over-year increase, surpassing analyst expectations of around $12.18 billion [3]. - GAAP net profit was $3.004 billion, a decline of 5.5% year-over-year, while non-GAAP net profit was $3.78 billion, a 3% increase, slightly exceeding market expectations [3]. - The semiconductor business (QCT) generated revenue of $10.61 billion, and the licensing business (QTL) brought in $1.59 billion, both showing year-over-year growth [3]. Guidance and Market Outlook - For Q2 FY26, Qualcomm expects revenue in the range of $10.2 billion to $11 billion, below the analyst consensus of over $11 billion [3]. - Adjusted earnings per share are projected to be between $2.45 and $2.65, lower than the market estimate of approximately $2.89 [3]. Segment Performance - Qualcomm's mobile business revenue reached $7.82 billion, a 3% year-over-year increase [5]. - The IoT segment saw a 9% year-over-year growth in revenue, totaling $1.69 billion, which includes industrial-grade chips and chips for Meta's smart glasses [5]. - The automotive segment experienced a significant 15% year-over-year increase in revenue, reaching $1.1 billion, with Qualcomm supplying chips to major automotive manufacturers like Toyota [5]. Supply Chain Challenges - Qualcomm highlighted ongoing global memory chip supply constraints, with large orders for data center memory affecting the availability for smartphones and other devices, thereby suppressing processor shipment demand [5]. - The CEO noted that while smartphone demand remains strong, supply chain issues are anticipated, and customers may shift focus to high-end models to better absorb cost pressures from rising memory prices [5].

国家知识产权局信息显示，高通科技公司取得一项名为"用于保护DRAM存储器装置免受行锤效应的方 法和电路"的专利，授权公告号CN116018645B，申请日期为2021年5月。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 作者：情报员 ...

2月5日晚间，全球市场大溃败，美股三大指数大跌，道指跌约600点，纳指跌近2%。 科技股集体下跌。 | 了 筛选 | | 最新价 : | 涨跌幅 : □ | | --- | --- | --- | --- | | 高通 | N | 137.61 | -7.58% | | us QCOM | | | | | 甲骨文 | | 140.00 | -4.55% | | US ORCL | | | | | 谷歌-C | | 318.32 | -4.51% | | us GOOG | | | | | 亚马逊 | 1 | 222.79 | -4.38% | | US AMZN | | | | | 帯電时 | | 191.47 | -4.00% | | us CRM | | | | | 美国超威公司 | | 192.70 | -3.74% | | US AMD | | | | | 特斯拉 | | 391.17 | -3.66% | | US TSLA | | | | | 微软 | | 400.13 | -3.41% | | US MSFT | | | | | Applovin Corporation | | 375.85 | ...

存储芯片持续涨价态势正在对AI芯片市场带来普遍影响。 近日多家AI芯片大厂陆续发布财报，其中存储芯片涨价成为其中备受关注的话题，这尤其表现在与手机有高度关联的高通和联 发科。不仅如此，AMD和Arm也频繁被问及存储涨价对后续业绩的影响。 截至美东时间2月5日收盘，高通股价下跌8.46%、AMD下跌3.84%、Arm上涨5.7%。 面对短期内没有止涨态势的存储芯片影响，这些AI芯片大厂怎么预判后市？又准备如何应对？ AI芯片畅旺 不出意外，AI芯片大厂普遍收获了又一个再创新高的财报季。 Arm的收入包括两大部分，其一是特许权使用费（Royalty），期内实现收入7.37亿美元，同比增长 27%，这受益于每颗芯片更 高的特许权使用费率（比如采用Arm v9架构和Arm CSS计算子系统），以及数据中心中基于Arm架构芯片的使用量增加；其二 是授权许可（license）业务实现收入5.05亿美元，同比增长25%，这源于多项高价值许可协议的持续释放，以及积压订单的贡 献。 高通公司在截至2025年12月公历年份的2026财年第一财季，实现收入123亿美元，同比上涨5%。 AMD发布财报显示，2025财年第四季度营收创 ...

21世纪经济报道记者骆轶琪 AMD董事长兼首席执行官苏姿丰表示："2025年是AMD具有决定性意义的一年，公司实现了创纪录的 营收和收益。2026年的驱动力将来自高性能EPYC和Ryzen（锐龙）处理器的加速采用，以及数据中心 人工智能业务的快速扩张。" 存储芯片持续涨价态势正在对AI芯片市场带来普遍影响。 近日多家AI芯片大厂陆续发布财报，其中存储芯片涨价成为其中备受关注的话题，这尤其表现在与手 机有高度关联的高通和联发科。不仅如此，AMD和Arm也频繁被问及存储涨价对后续业绩的影响。 截至美东时间2月5日收盘，高通股价下跌8.46%、AMD下跌3.84%、Arm上涨5.7%。 面对短期内没有止涨态势的存储芯片影响，这些AI芯片大厂怎么预判后市？又准备如何应对？ 不出意外，AI芯片大厂普遍收获了又一个再创新高的财报季。 AMD发布财报显示，2025财年第四季度营收创下103亿美元的纪录，同比增长34%，驱动力主要来自数 据中心、客户端和游戏业务。 在第四季度中，AMD的数据中心部门营收达到创纪录的54亿美元，同比增长39%，这得益于市场对 AMD EPYC处理器的强劲需求以及Instinct GPU出货量的 ...

Key Points - SpaceX's application to launch 1 million satellites has been accepted by the FCC, aiming to create a data center network in orbit to support advanced AI models [4][5] - NIO has announced a profit forecast for Q4 2025, expecting an adjusted operating profit between RMB 700 million (approximately $100 million) and RMB 1.2 billion (approximately $172 million), marking its first quarterly profit [7][8] - The 2025 Hurun China 500 list shows TSMC retaining the top position with a value increase of RMB 3.5 trillion, while Xiaomi enters the top ten for the first time with a valuation of RMB 1 trillion [13][14] - Alibaba has unified its AI model branding under "Qwen" and launched a promotional campaign offering 3 billion RMB in discounts through its Qwen app [15][16] - Baidu plans to distribute dividends for the first time in 2026 and has authorized a share buyback program of up to $5 billion [16][17] - Li Auto is set to implement a "store partner" program to enhance operational efficiency and market responsiveness, giving store managers greater decision-making power [19] - Intel has appointed a new chief GPU architect, while Qualcomm has lost three key executives in a month [45][46] - Coupang has reported an expansion of a personal information leak affecting an additional 165,000 accounts, following a previous incident [53][54]

中概股逆势走强。 当地时间2月5日（周四），美股三大指数齐跌，截至收盘，道指跌1.2%，纳指跌1.59%，标普500指数跌1.23%，热门科技股普遍下跌，但纳斯达克中国金 龙指数收涨0.9%。此外，贵金属与加密货币齐跌，伦敦金现跌幅超3%，伦敦银现跌幅超19%，比特币跌超10%。 美股科技股普跌，中概股上涨 当地时间2月5日，美股大型科技股普跌，英伟达跌超1%，特斯拉跌超2%，AMD跌超3%，亚马逊、微软跌超4%，超微电脑和高通跌超8%。据高通公布的 2026财年第一财季业绩，公司营收为122.5亿美元，同比增长5%；经调整净利润37.81亿美元，同比下降1%。由于第二财季的营收和盈利预测均未能达到 市场预期，高通股价已经跌至9个月以来的低点。 根据美国劳工统计局当地时间周四公布的数据，美国2025年12月空缺职位数量进一步降至654万，低于经济学家的预期。这意味着，美国当月职位空缺数 量已经降到了2020年以来最低水平，且裁员人数有所回升，进一步证明美国劳动力需求趋于疲软。 不过，纳斯达克中国金龙指数逆势上涨0.9%。蔚来、亚朵涨超5%，百胜中国涨超4%，中通快递、名创优品、文远知行、唯品会涨超3%，理想汽 ...

We got that capex guy. Aroon, we're talking about $200 billion dollars. It's a number that's hard, I think, to get your head around.Aroon, you got a strong buy on this name. We're down here a quick 10% in the after hours. Give me your your take, Arun, your first impressions on the print and the forecast.>> Yeah. Yeah. Thanks for having me.Yeah. I mean, overall, I think the I mean, the one big positive here is that AWS acceleration. You know, we we wanted to see acceleration.We got that last quarter. We saw ...

（来源：TradingView） 昨夜今晨，近几天命途多舛的软件板块和加密货币再度迎来新一轮的下挫。疲软的美国就业数据也令过去几天的"板块轮动"戛然而止，抛售范围扩大到整个 市场。 截至收盘，标普500指数跌1.23%，报6798.4点；纳斯达克综合指数跌1.59%，报22540.59点，也是自去年4月以来最严重的三日抛售；道琼斯工业平均指数跌 1.2%，报48908.72点。比特币盘中跌破6.4万美元，近半年缩水近一半；现货白银也出现了单日下跌近20%的状况。 前几个交易日，美股的下跌局限在AI和软件相关的板块，周四抛售范围进一步扩大。标普500成分股中有318只个股下跌，部分原因在于最新劳动力市场数 据疲软。其中美国12月职位空缺意外下降至2020年以来的最低水平。挑战者裁员人数创下自2009年衰退最严重时期以来的1月最高纪录。 安联首席经济顾问Mohamed El-Erian表示："值得注意的是，这些裁员发生在GDP仍以约 4%速度增长的情况下，加速了就业与经济增长的脱钩——如果这一 现象持续下去，将产生深远的经济、政治和社会影响。" 周四收盘后，标普500指数又一次踩在100日均线上。令市场感到焦心的 ...

Akos, it is good to see you. So, uh, let's dig into this. You beat on revenue and earnings for the quarter. Akos, your guidance misses consensus, and it sounds like the issue here, uh, it's memory tightness impacting handset builds. Just walk me through what you're seeing, Akos, and and how long do you think those memory constraints persist? Akos, you know, is it a quarter, two, longer? >> Of course. Well, great to see you first of all. Thanks for having me. uh we had an incredible results for the first qua ...