纳指创新高，英特尔大涨26%，中概股走低

Group 1: Market Performance - The three major U.S. stock indices expanded their gains, with the Nasdaq and S&P 500 reaching new historical highs, as of around 11 PM, the Nasdaq rose by 0.99%, the Dow Jones increased by 0.27%, and the S&P 500 climbed by 0.55% [1] - Major tech stocks saw significant movements, with Intel surging by 26%, Nvidia increasing by 3%, and Meta and Alphabet rising over 1% [3] Group 2: Semiconductor Sector - Intel's strong performance led to a rise in semiconductor stocks, with Marvell Technology up by 5.6%, Micron Technology increasing by 4.76%, ON Semiconductor rising by 4.72%, and STMicroelectronics up by 3.75% [6] Group 3: Nvidia and Intel Collaboration - Nvidia announced a $5 billion investment in Intel, with plans to co-develop AI infrastructure and personal computing products [9] - Intel will design and manufacture customized data center and client CPUs based on Nvidia's NVLink, integrating Nvidia's AI and accelerated computing advantages with Intel's CPU technology [12] - Nvidia's CEO Jensen Huang emphasized that this collaboration represents a historic merging of two world-class platforms, aiming to expand their ecosystems and lay the foundation for the next computing era [12][13] Group 4: Chinese Stocks Performance - Chinese stocks experienced a decline, with the China Golden Dragon Index dropping over 1.6% [15] - Popular Chinese stocks saw widespread losses, including Zeekr down by 5.29%, Bilibili down by 3.85%, and Weibo down by 3.29% [16] Group 5: Federal Reserve Interest Rate Decision - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to between 4.00% and 4.25%, leading to a slight decline in gold prices [19] - Historical data suggests that gold prices typically see small increases or remain stable in the week following a Fed rate cut, with significant positive average returns one and three months later [21] Group 6: Implications for Investment Strategies - The Fed's rate cut opens up further "easing" space for domestic monetary policy, potentially leading to lower deposit rates and bond yields, which would benefit bond funds and fixed-income products [23] - A sustained rate cut cycle by the Fed could create a valuation recovery window for global risk assets, with potential benefits for A-shares and Hong Kong stocks, especially if the RMB appreciates [24]