华尔街见闻早餐FM-Radio | 2025年8月20日

Company Highlights - Xiaomi reported a Q2 net profit increase of 75.4% year-on-year, with major appliances revenue up 66.2%, marking a historical high, while smartphone business declined by 2.1% [13][22] - XPeng Motors achieved a record high Q2 revenue of 18.27 billion yuan, a 125.3% year-on-year increase, with net loss narrowing by 63% to 480 million yuan [14] - Pop Mart's net profit surged nearly 400% in the first half of the year, with revenue from the Americas skyrocketing 11 times and plush product revenue increasing by 1276.2% [4][14] - SoftBank is reportedly in talks with Intel regarding the acquisition of its chip foundry business, which aligns with SoftBank's strategy to build a comprehensive AI infrastructure [15] Industry Insights - The U.S. Department of Commerce has expanded tariffs to include 407 categories of steel and aluminum derivative products, impacting U.S. importers unexpectedly [12] - Meta is considering a significant reduction in its AI department, restructuring its AI team to focus on enhancing its superintelligence division [13] - The Chinese electric vehicle supply chain saw overseas investment exceed domestic investment for the first time, with approximately $16 billion invested abroad compared to $15 billion domestically [18] - The PCB demand is being driven by the surge in AI data center construction, with Dazhu CNC reporting a 84% year-on-year increase in Q2 net profit [20]