公众号记得加星标⭐️，第一时间看推送不会错过。 AI浪潮快速席卷全球，半导体产业结构正出现关键转折。芯片大厂联发科总经理暨营运长陈冠州指 出，AI对算力、功耗与系统整合的高度需求，正全面推升先进制程与先进封装的重要性，联发科持续 深化与台积电合作，在2纳米及A14制程都是首批采用客户。先进封装部分亦在COUPE（紧凑型通用 光子引擎）平台助攻下，持续推进3.2T硅光子引擎。 AI已从早期的感知型应用，快速进入生成式与自主式阶段，未来两至三年将进一步迈向结合自驾车与 机器人的Physical AI。陈冠州分析，这样的演进，使得芯片在相同功耗与面积限制下，必须整合更 多运算单元，单靠制程微缩已不足以应付需求，必须同步导入小芯片（Chiplet）架构与先进封装， 才能持续放大算力。 原文链接 https://www.ctee.com.tw/news/20260207700059-430502 （来源：工商时报 ） 联发科长期与台积电维持高度互信的合作关系，为台积电2纳米制程首波采用客户之一，陈冠州透 露，相关产品预计于今年底推出；而在下一代A14制程，联发科同样为早期导入名单。对于外传是否 考虑美系晶圆代工之封装， ...

欲览更多环球财经资讯，请移步7×24小时实时财经新闻 市场 2月7日收盘：美股收高，道指首次突破5万点关口 2月7日美股成交额前20：英伟达结束五连跌，黄仁勋称AI资本支出可持续 2月7日热门中概股普涨 台积电涨5.53%，阿里巴巴涨3% 油价周五上涨 投资者关注美伊谈判 现货黄金涨3.78% 纽约期金本周涨5% 欧洲股市在震荡中走强 诺和诺德反弹抵消了Stellantis的重挫 比特币重返70000美元上方 几乎收复周四全部失地 宏观 白宫考虑对房屋建筑商启动反垄断调查 美国12月消费者信贷创出一年来最大增幅 超过经济学家预期 贝森特反驳他和特朗普针对美元发表不同看法的观点 美联储杰斐逊对经济前景持谨慎乐观态度，预计就业市场趋稳通胀回归目标 美伊核谈判"暂时"结束 伊朗外长离开阿曼首都 特斯拉高管表示正在加紧招聘，以支持马斯克扩大太阳能战略 黄仁勋称AI资本支出适当且可持续 英伟达结束连跌涨超7% 黄仁勋称6600亿美元AI资本支出建设具有可持续性 美司法部调查奈飞是否存在反竞争行为 苹果车载迎来战略转变 计划开放第三方语音AI助手 贝莱德的Rieder减持美国投资级和高收益债 称"非常喜欢"新兴市场 诺和 ...

Market Overview - The U.S. stock market indices experienced a significant rebound, with all three major indices rising over 1% as of February 6, 22:50 Beijing time, indicating a recovery from previous sell-offs in AI stocks [1][2] - Major technology stocks saw substantial gains, with Nvidia up 5.6%, AMD up 7%, and Broadcom up 5.1%, driven by renewed interest in AI infrastructure following Amazon's announcement of a $200 billion capital expenditure plan [1][2] Precious Metals - The precious metals market also saw a strong recovery, with spot gold rising 3.39% to $4,939.35 per ounce and spot silver increasing 7.22% to $76.02 per ounce as of the same time [2][3] - Morgan Stanley's report suggests that the long-term bullish trend for gold remains intact, supported by a weak dollar environment, as long as the dollar index stays below 100 [3] Geopolitical Developments - Recent negotiations between Iran and the U.S. in Muscat, Oman, have concluded temporarily, with both sides agreeing to continue discussions, which may impact market sentiment and geopolitical stability [4][5] - The situation remains tense, with Iran expressing readiness to respond to any military actions, particularly in light of increased U.S. military presence in the region [5]

Core Viewpoint - The Philadelphia Semiconductor Index experienced a significant increase of 4.2%, indicating strong market performance in the semiconductor sector [1]. Group 1: Company Performance - Arm Holdings saw a notable rise of 7.24% [2]. - Marvell Technology and AMD both increased by over 6%, with Marvell at 6.47% and AMD at 6.39% [2]. - Other companies such as Lam Research, KLA, NVIDIA, and Applied Materials also reported gains exceeding 5% [1][2]. Group 2: Additional Company Gains - TSMC (Taiwan Semiconductor Manufacturing Company) rose by 5.02% [2]. - Intel and Broadcom had increases of 4.80% and 4.53%, respectively [2]. - Overall, multiple semiconductor companies demonstrated strong upward momentum, reflecting positive market sentiment [1].

美股科技股集体反弹，AMD涨超6%，英伟达、博通涨超5%，台积电涨超4%，甲骨文涨超3%，特斯拉 涨2%，微软、苹果涨超1%。 本文源自：金融界AI电报 ...

2026年开年，一场静默的资本迁徙正在全球上演。近期，黄金市场波动剧烈，价格一度突破5200美元创下历史新高后又出现回调；比特币也经历了大幅震 荡，引发市场广泛关注。与此同时，当机构投资者悄悄减持美债，当亚洲科技股跑赢纳斯达克，我们不禁要问：这场资本大迁徙的背后，谁才是真正的避险 资产？ 资本流向的三大信号 信号1：美债遭遇历史性抛售 信号2：美股资金外流创纪录 信号3：黄金与新兴市场吸金效应 资本流向可视化：从美国到亚洲的路径迁移 丹麦养老基金AkademikerPension公开清仓1亿美元美债，直言美国"信用不理想" 印度央行持有的美国长期国债降至1740亿美元，为5年最低，较2023年峰值下降26% 日本投资者转为外国长期债券净卖家，2025年12月净卖出3742亿日元 美国股票基金单周净流出168亿美元，录得有史以来最大资金流出之一 科技股重灾区：纳斯达克综合指数1月20日下跌2.39%，英伟达、特斯拉跌幅超4% MSCI新兴市场指数年初至今上涨7%，远超标普500的1%涨幅 拉美股市领涨：MSCI拉丁美洲股票指数创2018年以来新高，年内攀升13% 黄金突破5200美元：现货黄金1月28日站上52 ...

Group 1 - The total value of the top 500 companies in China increased by 21 trillion yuan (38%), reaching 77 trillion yuan, with an average value growth of 41.5 billion yuan, now at 1.53 trillion yuan [1][2] - The entry threshold for the list rose to 34 billion yuan, an increase of 7.5 billion yuan from the previous year, marking a historical high [1][2] - The technology sector continues to be a growth engine, with significant increases in the number and market value of companies in semiconductor, biomedicine, artificial intelligence, and new energy sectors [1][2] Group 2 - Nearly 40% of this year's listed companies were not on the list four years ago, with new entrants primarily from consumer electronics, AI computing, and new energy sectors [2] - The semiconductor industry surpassed the life sciences sector to become the second-largest industry in the list, with TSMC leading the growth [3] - Notable semiconductor companies include TSMC, which saw a value increase of 3.5 trillion yuan, and Cambrian, which grew by 370 billion yuan [3] Group 3 - The new energy sector also performed well, with CATL's value increasing by 690 billion yuan, and other companies like Sungrow and EVE Energy showing significant growth [4] - The Shanghai region had 57 companies on the list, an increase of 7 from the previous year, making it the city with the fastest growth in the number of listed companies [10] - Shanghai is a key research and development hub, with 101 companies establishing their main R&D bases there, reflecting its strong innovation capabilities [10][11] Group 4 - The STAR Market (科创板) has a strong presence in the list, with 45 companies, showcasing the focus on hard technology sectors like semiconductors and biomedicine [6][7] - The semiconductor sector is particularly prominent among STAR Market companies, with many of the highest-valued startups in this field [8] - The overall trend indicates that STAR Market companies are in a high-growth phase, aligning with the broader trend of nearly 40% of this year's companies being new entrants [9]

Core Insights - UBS reported a total market value of $620 billion in Q4, reflecting a decrease of 5.65% from the previous quarter [3] - The firm made 1,347 new stock purchases and increased holdings in 4,181 stocks, while reducing holdings in 4,520 stocks and completely selling out of 1,188 stocks [3] - The top ten holdings accounted for 14.52% of the total market value [3] Top Holdings - NVIDIA (NVDA.US) is the largest holding with approximately 77.49 million shares valued at $14.45 billion, representing 2.34% of the portfolio, down 11.47% from the previous quarter [1][4] - Microsoft (MSFT.US) ranks second with about 28.04 million shares valued at $13.56 billion, making up 2.20% of the portfolio, a decrease of 7.64% [2][4] - Apple (AAPL.US) is third with around 44.55 million shares valued at $12.11 billion, accounting for 1.96% of the portfolio, down 10.57% [2][4] - Broadcom (AVGO.US) is fourth with approximately 23.77 million shares valued at $8.23 billion, representing 1.33% of the portfolio, an increase of 0.88% [2][4] - Amazon (AMZN.US) is fifth with about 34.61 million shares valued at $7.99 billion, making up 1.30% of the portfolio, down 4.57% [2][4] Notable Changes - UBS reduced its holdings in several tech stocks, including Micron Technology (MU.US) by 16.14%, TSMC (TSM.US) by 15.56%, Oracle (ORCL.US) by 1.91%, AMD (AMD.US) by 24.28%, and Western Digital (WDC.US) by 37.92% [5] - The firm slightly increased its position in Meta (META.US) by 0.85% among the "seven giants" [4] - New positions were established in Total (TTE.US) and increased holdings in Walmart (WMT.US), Alibaba (BABA.US), and Bitcoin holding company Strategy (MSTR.US) [5] Trading Activity - The top five purchases included Microsoft call options, SPDR S&P 500 ETF (SPY.US), MP Materials call options, UBS Group AG, and iShares 7-10 Year Treasury ETF put options [5][6] - The top five sales included SPDR S&P 500 ETF put options, Invesco QQQ Trust put options, iShares iBoxx High Yield Corporate Bond put options, Microsoft, and NVIDIA [5][6]

Group 1 - TSMC is constructing a new factory in Kumamoto, Japan, aimed at producing cutting-edge chips for artificial intelligence (AI) [2] - Rapidus plans to mass-produce 2nm products in Hokkaido, enhancing Japan's semiconductor supply chain with stable AI semiconductor production from both northern and southern bases [2] - The Japanese semiconductor equipment and materials sectors are expected to benefit significantly from these developments, as Japan holds a substantial market share in these areas [2] Group 2 - TSMC's CEO, Wei Zhejia, is considering adjustments to the production plan for the Kumamoto factory to manufacture 3nm semiconductors, which may increase the originally estimated investment of $12.2 billion [4] - The 3nm semiconductors will be utilized in NVIDIA's GPUs, highlighting the importance of ensuring a stable supply of advanced semiconductors as new data centers for AI are established in Japan [4] - Japan's semiconductor equipment market holds approximately 30% of the global share, while the materials sector accounts for about 50%, indicating a strong domestic capability to support advanced semiconductor production [4] Group 3 - Tokyo Electron plans to invest 700 billion yen in equipment over the next five years, with a new facility in Kumamoto set to begin operations in spring 2026, increasing development capacity by four times [5] - Canon is investing 50 billion yen by September 2025 to establish a new facility for photolithography equipment used in AI semiconductor assembly [6] - Ibiden plans to invest 500 billion yen over three years starting in 2026 to expand production capacity for packaging substrates used in AI server chips, expected to increase by 2.5 times by 2028 [6] Group 4 - The Japanese government aims to support the semiconductor and AI sectors with over 10 trillion yen by 2030, accelerating the establishment of a cutting-edge semiconductor supply chain [6] - Japan has provided approximately 1.2 trillion yen in subsidies to TSMC's factories and about 2.9 trillion yen to Rapidus, with conditions for TSMC to increase semiconductor production during supply shortages [6] - The competitive landscape for attracting investment in advanced semiconductor manufacturing is intensifying globally, necessitating a comprehensive approach to develop the domestic semiconductor industry, including equipment, materials, and design engineering [6]

2月5日，美股芯片股走高，博通涨超4%，英特尔涨超3%，台积电、阿斯麦、AMD、应用材料、英伟达 涨超1%。 ...