美股鲍威尔一句话“吓坏”华尔街，美光财报释放重磅信号

Market Overview - The initial value of the September Markit manufacturing and services PMI in the U.S. showed a decline but remained in the expansion zone, with easing price pressures, leading to a muted market reaction [1] - Following comments from Federal Reserve Chairman Jerome Powell regarding high equity valuations, major U.S. stock indices experienced a decline, with the S&P 500 down 0.6%, the Dow Jones down 0.2%, and the Nasdaq down 1% [3][6] Federal Reserve Commentary - Powell's remarks served as a public warning about current market valuations, impacting investor sentiment and shifting it from exuberance to tension [4] - He emphasized the need to monitor inflation and employment data without making any clear commitments regarding policy actions for October, indicating a cautious approach [4] Technology Sector Impact - Interest-sensitive technology stocks were hit hardest, with the index of the seven major tech companies declining; Amazon fell by 3.04%, Nvidia by 2.82%, and Tesla by 1.93% [5] Semiconductor Industry Insights - Micron Technology reported strong earnings, with Q4 revenue reaching $11.3 billion, exceeding market expectations of $11.2 billion, and earnings per share of $3.03, surpassing analyst predictions of $2.84 [8][10] - The demand for memory chips, driven by AI, is expected to keep supply tight into next year, with Micron's CEO highlighting the company's competitive product portfolio and unique position as the only domestic memory manufacturer [9] - Micron is also leading in HBM (High Bandwidth Memory) chips, with significant agreements in place for HBM3e chips and plans to introduce HBM4 chips, addressing market concerns about profit margins [12] Pricing Trends in Semiconductor Industry - The semiconductor industry is experiencing a price surge, with Micron's performance reflecting broader trends across the supply chain, driven by AI demand [13] - Advanced chip prices are rising, with TSMC indicating a 50% increase in 2nm process pricing compared to 3nm, and Apple securing a 50% share of TSMC's 2nm capacity [15] - Major competitors like Samsung and SK Hynix have also raised prices for memory and flash products, with DRAM prices increasing by up to 30% [15]