Key Takeaways U.S. stocks rose in January, setting up five momentum picks spanning tech, beauty, mining and semiconductors.AI data centers and cloud upgrades are boosting demand for Amphenol solutions, Seagate storage and KLA tools.Ulta Beauty and Coeur Mining post solid growth outlooks, with earnings estimates rising across five picks. U.S. stock markets started 2026 on a positive note after an astonishing rally in the last three years. In January, the three major stock indexes — the Dow, the S&P 500 and t ...

每经AI快讯，周二，存储概念持续走强，西部数据(WDC.US)涨超8%，闪迪(SNDK.US)涨超5%，希捷 科技(STX.US)涨超4%，均再创历史新高。 ...

瑞银分析师预计，全球存储行业出现"有意义的供给缓解"最早也要到2028年前后。在此之前，AI数据中 心建设所带来的结构性需求，将持续强化Memory产业链的景气度与议价能力。短期来看，瑞银建议聚 焦两大几近垄断的HDD厂商——希捷与西部数据。分析师认为，可将两家公司共同视为"存储景气度周 期型的短期交易主题"，受益于行业高度集中、供给受控以及需求阶段性回暖带来的价格与利润弹性。 智通财经APP获悉，周二，存储概念持续走强，西部数据(WDC.US)涨超8%，闪迪(SNDK.US)涨超5%， 希捷科技(STX.US)涨超4%，均再创历史新高。消息面上，西部数据表示，由于人工智能服务器对其内 存芯片的需求激增，其董事会已批准追加40亿美元用于股票回购。 ...

Group 1 - The storage sector continues to strengthen, with Western Digital (WDC.US) rising over 8%, SanDisk (SNDK.US) increasing over 5%, and Seagate Technology (STX.US) gaining over 4%, all reaching new historical highs [1] - Western Digital announced a $4 billion stock buyback plan due to a surge in demand for its memory chips driven by artificial intelligence servers [1] - UBS analysts predict that a "meaningful supply relief" in the global storage industry will not occur until around 2028, with structural demand from AI data center construction continuing to enhance the memory industry's prosperity and pricing power [1] Group 2 - In the short term, UBS recommends focusing on the two nearly monopolistic HDD manufacturers, Seagate and Western Digital [1] - Analysts view these two companies as a "short-term trading theme" for the storage industry's cyclical prosperity, benefiting from high industry concentration, controlled supply, and a phase of demand recovery leading to price and profit elasticity [1]

智通财经APP获悉，全球最大规模存储芯片巨头三星电子与SK海力士两大权重股所主导的韩国股市基准股指——Kospi韩国综合指数在经 历周一暴跌超5%之后，今日大举反弹近7%，以及经历上周五大幅下跌的美国存储产品领军者西部数据(WDC.US)与希捷(STX.US)股价携 手大举反弹——尤其是西部数据周一涨幅一度超10%完全覆盖上周五暴跌区间，可谓全面凸显出存储巨头们股价跟随贵金属单日暴跌乃 市场"错杀行为"。从周二亚太市场存储芯片/存储产品板块全线大反弹趋势来看，全球资金对于存储领域的看涨情绪仍然堪称狂热。 在HDD霸主西部数据公司公布强劲业绩与未来展望之后，国际大行瑞银(UBS)近日发布的研报显示，经营执行与行业景气度都在"超预期 兑现"，HDD(尤其是数据中心大容量近线 Nearline HDD)仍处于供应偏紧、且需求强劲的上行周期，但估值与市场情绪已把"好消息"定价 得非常彻底，且HDD两大寡头——希捷与西部数据的长期价格/估值均无法避免周期性均值回归属性。对于想博取基于存储领域的超额投 资收益的投资者们，瑞银暗示应更关注那些纯粹的存储芯片巨头，比如三大存储芯片原厂——三星、SK海力士以及美光科技。 因此瑞 ...

瑞穗证券科技行业分析师Jordan Klein表示，那些从贵金属和加密货币市场撤资的投资者， 可能很快会将资金投向存储芯片以及硬盘驱动器相关股票。 01 上周五，美国总统特朗普宣布提名前美联储理事凯文·沃什担任下任美联储主席，沃什的货币政策立场 被视为偏鹰派。这引发市场对流动性收紧的强烈预期，促使贵金属和加密货币市场双双大幅回调。 瑞穗证券科技行业分析师Jordan Klein表示，那些寻求从贵金属和加密货币市场撤资的投资者，可能很 快会将资金投向存储芯片以及硬盘驱动器相关股票。 Klein日前在接受采访时表示，随着存储芯片股凭借强劲基本面持续刷新新高，这类 "热钱" 正在寻找新 的叙事点。他预计，存储板块的基本面在今年剩余时间里都将保持稳健。 Klein观察到，当前市场资金 "四处流动，不断寻找新的叙事方向，同时瞄准那些持续创新高的股票或板 块"。 然而，他也承认传统主动型基金经理的担忧——他们担心"跟风资金"在不了解底层投资逻辑的情况下盲 目追逐收益。 "他们甚至都不知道自己持有什么。他们只是盯着股价走势图。一旦上涨势头中断，他们就 是最先抛售的人，"Klein说道。 Klein解释称，最近闪迪的财报电话 ...

Group 1 - SF Express (09699) expects a profit of no less than RMB 238 million for the year ending December 31, 2025, representing an increase of at least 80% compared to 2024. Adjusted net profit is projected to be no less than RMB 376 million, a growth of at least 158%, with revenue expected to reach no less than RMB 22 billion, a 40% increase from 2024 [1] - Fuhong Hanlin (02696) shares rose nearly 5% following a successful offline researcher meeting in San Francisco regarding its international multi-center Phase III clinical study for HLX22, a new anti-HER2 monoclonal antibody [1] - Xpeng Motors (09868) saw a decline of over 2.2% as it reported January vehicle deliveries of 20,011 units, a year-on-year decrease of 34.07% and a month-on-month decrease of 46.65% [1] Group 2 - Engineering machinery stocks continued to rise, with Zoomlion (01157) up 7.47% and Sany International (00631) up 3.57%. The total import and export trade of engineering machinery in China for 2025 is projected to be USD 62.743 billion, a year-on-year increase of 13.2% [2] - Ruipu Lanjun (00666) shares increased over 5% after announcing its first profit forecast since listing, expecting a net profit of RMB 630 million to RMB 730 million for the year ending December 31, 2025 [2] - Pony.ai (02026) shares rose over 2.5% following a partnership with Aitbot to build a fully autonomous driving service fleet [2] Group 3 - MINIMAX-WP (00100) shares surged over 12.7% after the release of the MiniMax Music 2.5 audio model, which achieved breakthroughs in "paragraph-level strong control" and "physical-level high fidelity" [3] - China International Marine Containers (02039) shares rose over 12% after discussing its data center business and container manufacturing performance in an investor relations activity [3] Group 4 - WanGuo Gold Group (03939) shares increased over 6.8% after announcing an expected profit of approximately RMB 1.4 billion to RMB 1.5 billion for 2025, a year-on-year increase of about 143% to 161% due to rising sales volume and prices of gold products [4] - Junda Co., Ltd. (02865) shares rose over 13% after completing a placement agreement [4] Group 5 - Carnival Cruise Line (CCL.US) shares rose 8.09% as U.S. House Speaker Mike Johnson expressed confidence in gaining Republican support to end the government shutdown [5] - Major tech stocks like AMD (AMD.US) and Intel (INTC.US) saw gains, with AMD up 4.03% and Intel up 5.04%, following unexpected expansion in U.S. manufacturing activity [5] - The storage sector strengthened, with SanDisk (SNDK.US) up 15.44% as demand for AI and data centers continues to drive price increases in DRAM and NAND Flash products [6] Group 6 - Disney (DIS.US) shares fell 7.4% despite reporting a 5% year-on-year revenue increase to USD 26 billion for Q1 2026, exceeding analyst expectations [7] - Coterra Energy (CTRA.US) shares dropped 3.6% following Devon Energy's announcement of a significant acquisition deal [6] - Oracle (ORCL.US) shares declined 2.75% as the company plans to raise USD 45 billion to USD 50 billion for expanding its cloud infrastructure [8]

Group 1 - Spot gold increased to $4,818.45 per ounce, rising 3.42% within the day, while spot silver rose over 6% to $83.944 per ounce [1] - The Nikkei index surged by 2.43%, and the Korean Composite Index rose by 3.78% [3] - SK Hynix's stock increased by nearly 6%, contributing to a rebound in Korean chip stocks after a previous sell-off [5] Group 2 - NAND flash memory manufacturers SK Hynix and SanDisk reported a more than 30% increase in average selling price (ASP) for NAND in their Q4 2025 financial reports [6] - Strong fundamentals in the memory sector are attracting capital that has moved away from precious metals and cryptocurrencies, as indicated by the performance of memory stocks [6]

Core Viewpoint - The article highlights a significant rebound in the U.S. stock market, particularly in the semiconductor sector, driven by optimistic forecasts for DRAM prices by Goldman Sachs, which predicts a substantial increase in prices for 2026 [1][3][4]. Semiconductor Sector - The U.S. stock market saw a strong performance with major indices rising, particularly the Dow Jones, which increased by over 1%, and the S&P 500 approaching historical highs [1][3]. - Semiconductor stocks experienced a collective surge, with the Philadelphia Semiconductor Index rising by 1.7%. Notable performers included SanDisk, which surged over 15%, and Western Digital, which rose nearly 8% [3][4]. - Analysts suggest that capital moving out of precious metals and cryptocurrencies is seeking new investment opportunities, with the storage chip sector poised to attract this influx of funds due to strong fundamentals [3][4]. DRAM Price Forecast - Goldman Sachs has significantly raised its price forecasts for DRAM, predicting a 90%-95% quarter-over-quarter increase in Q1 2026, following a 45%-50% increase in Q4 2025. This outlook exceeds previous market expectations [4]. - In the PC DRAM segment, TrendForce has adjusted its price forecast for Q1 2026 to a 105%-110% increase, surpassing Goldman Sachs' earlier estimate of 80%-90%, indicating potential for further price increases [4]. Economic Indicators - The ISM reported a surprising rise in the U.S. manufacturing PMI for January, jumping from 47.9 to 52.6, indicating expansion and the fastest growth rate since 2022, driven by robust new orders and production [6]. - The new orders index reached 57.1, a significant increase from the previous 47.7, while the production index also showed strong growth, suggesting a rebound in factory activity after a prolonged period of contraction [6]. - Employment index recorded 48.1, indicating a slowdown in job losses within the manufacturing sector, although it remains below the expansion threshold [6].

Market Overview - On February 2, US stock indices closed higher, with the Dow Jones up 1.05%, S&P 500 up 0.54%, and Nasdaq up 0.56% [1] - Major technology stocks showed mixed results, with Apple rising over 4% and Nvidia falling nearly 3% [2] Technology Sector - The Philadelphia Semiconductor Index increased by 1.7%, with Micron Technology up over 5% and Intel up nearly 5% [2] - SanDisk's stock surged over 15% due to better-than-expected earnings, while Western Digital and Seagate also saw gains [3] - NAND flash memory prices are expected to rise by over 30% according to reports from SK Hynix and SanDisk [3] Energy Sector - The energy sector experienced declines, with ExxonMobil down over 2% and Chevron down more than 1% [3] - WTI crude oil futures fell by 4.71%, closing at $62.14 per barrel, while Brent crude oil futures dropped by 4.36% to $66.30 per barrel [4] Cryptocurrency Market - Bitcoin prices rose above $78,000 after previously dipping to around $74,560, with significant market volatility leading to over 170,000 liquidations [4] - Bitcoin ETF saw a net outflow of $1.61 billion in January 2026, indicating liquidity issues in the market [4] International Relations and Trade - A trade agreement between the US and India was announced, reducing tariffs on Indian goods from 25% to 18%, effective immediately [5] - India is expected to increase its procurement of US products, including energy and agricultural goods, valued at over $500 billion [5] - The Indian stock index Nifty 50 saw a rise in futures, and the Indian Rupee strengthened against the US dollar following the trade announcement [6]