Mei Ri Jing Ji Xin Wen·2025-11-20 01:09Group 1 - Nvidia reported Q3 revenue of $57.01 billion, exceeding market expectations of $54.92 billion, with a net profit of $31.91 billion, a year-on-year increase of 65% [1] - Nvidia's adjusted earnings per share were $1.30, higher than the market expectation of $1.25 [1] - Demand remains strong for Nvidia, with major clients, including North American cloud service providers, increasing capital expenditures [3] Group 2 - Anthropic announced a strategic partnership with Microsoft and Nvidia, committing to purchase $30 billion worth of Azure computing resources, primarily utilizing Nvidia's Grace Blackwell and Vera Rubin systems [2] - GlobalFoundries announced the acquisition of Singapore-based silicon photonics chip manufacturer AMF, aiming to meet demands in long-distance optical communication and AI data centers [2] - Nvidia's CEO emphasized the visibility of achieving $500 billion in data center revenue from 2025 to 2026, indicating sustained high demand in the AI infrastructure cycle [3] Group 3 - The semiconductor materials ETF (562590) and its linked funds focus on semiconductor equipment (61%) and materials (21%), benefiting from the expansion of semiconductor demand driven by AI [3] - The semiconductor equipment and materials industry is crucial for domestic substitution, with low domestic replacement rates and high ceilings for domestic alternatives [3]