Sou Hu Cai Jing·2025-11-30 17:21Market Overview - The U.S. stock market experienced an unexpected rebound, with the three major indices achieving a rare five-day winning streak, driven primarily by Intel rather than the anticipated AI giant Nvidia [1] - The Nasdaq index rose nearly 5% over the week, the S&P 500 increased by over 3.7%, and the Dow Jones Industrial Average climbed more than 3%, nearing historical highs [1] Federal Reserve Influence - The market sentiment shifted positively following dovish signals from Federal Reserve officials, particularly from Governor Christopher Waller, who indicated a lack of strong evidence for sustained inflation and supported pausing interest rate hikes in December [1] - The probability of a pause in rate hikes in December surged to over 80% according to the FedWatch tool [1] Technology Sector Performance - The technology sector saw a significant surge, with various tech concepts experiencing substantial gains; digital currency stocks rose over 5%, while mixed reality and co-packaged optics (CPO) concepts increased by over 4% [4] - Robotics stocks emerged as standout performers, with RBOT and LAZR soaring nearly 12% and 11%, respectively, driven by developments in Tesla's humanoid robot and IPOs from leading domestic robotics firms [4] Intel's Strategic Developments - Intel is positioned to potentially produce entry-level M-series processors for Apple starting in 2027, utilizing its advanced 18A process technology, which could lead to shipments of 15 to 20 million units [7][8] - The collaboration with Apple signifies a potential turnaround for Intel's foundry services, marking a significant milestone in regaining its competitive edge in the semiconductor industry [8] Broader Market Trends - Chinese concept stocks also saw a broad increase, with notable performances from companies like WoKe Medical and Xpeng Motors, reflecting a positive sentiment in the market [9] - European markets showed strength, with major indices like the FTSE 100 and DAX rising significantly over the past week, supported by expectations of stable interest rates from the European Central Bank [9] Conclusion - The year-end rally in the U.S. stock market was fueled by the Federal Reserve's interest rate outlook and Intel's potential recovery in its foundry business, alongside strong performances in robotics and CPO sectors [11]