Zhong Guo Neng Yuan Wang·2025-10-20 07:52Market Review - The overseas AI chip index increased by 2.90% this week, with all constituent stocks showing upward movement, particularly MPS which rose over 10% [1] - The domestic AI chip index fell by 6.1%, influenced by the tense China-U.S. trade relations, with only Cambricon showing a slight increase of less than 1% [1] - The Nvidia mapping index decreased by 8.7% due to U.S. export controls, resulting in Nvidia losing its market share in China's data-centric GPU market, leading to declines in related industry stocks [1] - 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% [1] - The storage chip index declined by 2.1%, with short-term supply-demand dynamics causing varied stock performance among constituents [1] - 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 [1] 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 significantly [2] - Global smartphone shipments increased by 4% year-on-year in Q3 2025, with Samsung maintaining the top position due to its A series and foldable models, while Apple became the fastest-growing brand among the top five, driven by demand in emerging markets [2] - High-end PC panel and OLED laptop panel shipments are expected to grow by approximately 9% in 2025, with the OLED laptop market projected to enter a high growth phase in 2026, driven by Apple's launch of the OLED MacBook Pro, with an expected annual growth rate of 30% [2] 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 such as Yangtze Memory Technologies [3] - Due to U.S. export controls, Nvidia's CEO confirmed a complete exit from the advanced AI chip market in China, resulting in a market share drop from 95% to zero, which he believes will facilitate the rise of Chinese manufacturers like Huawei and lead to a split in the global AI ecosystem [3] - Apple plans to launch its first touchscreen MacBook Pro in 2026-2027, featuring the M6 chip and an OLED display [3]