Sou Hu Cai Jing·2025-11-12 13:45Market Overview - US stock index futures showed slight gains ahead of a potential end to the longest government shutdown in history, with Nasdaq 100 futures up 0.61%, S&P 500 futures up 0.35%, and Dow futures up 0.24% [1] Company Developments - Hon Hai Precision Industry reported better-than-expected Q3 results and anticipates a "double-digit percentage" increase in AI server shipments for Q4, with a collaboration announcement with OpenAI expected next week [3] - Infineon raised its sales guidance for power solutions aimed at data centers for FY2026 by 50% to €1.5 billion, nearly 2.5 times the FY2025 figure [3] - AMD's stock rose 5% following a strong profit growth forecast, with expectations that the AI chip market will reach $1 trillion by 2030 and an annual growth rate of 60% for its data center business over the next three to five years [12][13] Other Industry News - Chevron announced plans to build a large AI-specific power facility in West Texas, expected to be operational by 2027 with a capacity of up to 5,000 megawatts [6] - IBM launched its most advanced quantum processor, Nighthawk, which features 120 qubits and is expected to be delivered to users by the end of 2025 [9][10] - JPMorgan Chase introduced JPM Coin, a deposit token for institutional clients, enabling 24/7 payments on public blockchains [11] - Circle reported Q3 revenue of $740 million, a 66% year-over-year increase, with net profit rising 202% to $214 million [14]