Zhong Guo Neng Yuan Wang·2025-10-20 06:48Market Overview - The overseas AI chip index increased by 2.90% this week, with all constituent stocks showing upward movement, particularly MPS which rose over 10% [2] - The domestic AI chip index fell by 6.1%, influenced by the tense US-China trade relations, with only Cambricon showing a slight increase of less than 1% [2] - The Nvidia mapping index decreased by 8.7% due to US export controls, resulting in Nvidia losing its market share in China's data-centric GPU market [2] - The server ODM index rose by 1.1%, with significant performance differences among constituent stocks; Wiwynn increased by over 10%, while Wistron fell by nearly 10% [2] - The storage chip index declined by 2.1%, reflecting varied stock performance due to short-term supply-demand dynamics [2] - The power semiconductor index dropped by 3.2%, and both the Guoyuan A-share and Hong Kong fruit chain indices fell by 10% and 10.1% respectively [2] Industry Data - Global wearable wristband device shipments grew by 13% year-on-year in Q2 2025, with Xiaomi (61% growth) and Huawei (47% growth) leading the market [3] - Global smartphone shipments increased by 4% year-on-year in Q3 2025, with Samsung maintaining the top position and Apple being the fastest-growing brand, driven by demand in emerging markets [3] - High-end PC panel and OLED laptop panel shipments are expected to grow by approximately 9% in 2025, with a projected annual growth rate of 30% for OLED laptops starting in 2026 [3] Major Events - Micron plans to cease supplying server chips to Chinese data centers while retaining its automotive and mobile business, creating market opportunities for competitors like Samsung and SK Hynix, and accelerating the replacement process for local Chinese storage chip companies [4] - Due to US export controls, Nvidia's CEO confirmed a complete exit from the Chinese advanced AI chip market, reducing its market share from 95% to zero, which may facilitate the rise of Chinese manufacturers like Huawei and lead to a split in the global AI ecosystem [4] - Apple plans to launch its first touchscreen MacBook Pro in 2026-2027, featuring the M6 chip and an OLED display [5]