Mei Ri Jing Ji Xin Wen·2025-09-18 00:03Important Market News - The Federal Reserve decided to lower the federal funds rate target range by 25 basis points to 4.00%-4.25%, marking the first rate cut since December 2024 [1] - Major U.S. stock indices showed mixed results, with the Dow Jones up 0.57%, while the Nasdaq and S&P 500 fell by 0.33% and 0.1% respectively [1] - International precious metal futures generally declined, with COMEX gold futures down 0.82% at $3694.60 per ounce and silver down 2.15% at $41.99 per ounce [1] - Crude oil prices slightly decreased, with WTI crude down 0.85% at $63.97 per barrel and Brent crude down 0.83% at $67.90 per barrel [1] Industry Insights - China Unicom's project on green electricity and intelligent computing centers was highlighted, showcasing partnerships with several domestic brands, including Alibaba's Pingtouge, with a total computing power of 3479P from 1747 devices and 22832 computing cards [2] - The PPU developed by Alibaba's Pingtouge is optimized for large model inference, achieving peak computing power of 120TFLOPS, indicating strong competitive positioning in edge computing and AI inference [3] - The Ministry of Industry and Information Technology released a draft for mandatory national standards on intelligent connected vehicles, aiming to enhance safety in the industry [4] - The new standards are expected to benefit hardware with safety attributes, testing institutions, and leading autonomous driving companies, particularly as the cost of LiDAR sensors has significantly decreased [5] - Western Digital announced plans to gradually increase prices for all HDD products due to unprecedented demand levels driven by AI and cloud computing, with expectations of continued price increases in the coming quarters [6] - Micron is expected to provide optimistic earnings guidance, with DRAM and NAND prices projected to rise due to limited supply and unexpected demand [7]