海外科技周报：乱世对峙再起，买保护了吗？-20251014

Investment Rating - Investment rating: None [4] Core Insights - Recent developments in the overseas uranium industry have led to increased market activity, particularly with Sprott Physical Uranium Trust (SPUT) purchasing approximately 4 million pounds of U3O8, raising total inventory from about 50.7 million pounds to nearly 55 million pounds, tightening the supply and driving uranium prices up [4][16] - The U.S. Department of Energy plans to expand its strategic uranium reserves to reduce dependence on Russian uranium, which currently fuels about 25% of U.S. nuclear power plants, potentially affecting 5% of national electricity generation if supply is disrupted [4][16] - The importance of nuclear energy in the U.S. energy structure is increasing due to the acceleration of electrification and rising demand for clean energy, with the strategic reserve seen as crucial for energy security and stable supply [4][16] Market Performance Summary - The Hong Kong and U.S. tech stocks experienced volatility, with the Hang Seng Tech Index closing at 6259.8, down 5.5%, underperforming the Hang Seng Index by 2.4 percentage points [7][9] - The Philadelphia Semiconductor Index closed at 6407.6, down 2.7%, also underperforming compared to the Nasdaq 100 and S&P 500 indices [7][9] - The AI energy sector showed strong performance, with top gainers including AMD (+31%), ENERGY FUELS (+23%), and URANIUM ENERGY (+11%) [9][14] Web3 and Cryptocurrency Market - The total market capitalization of cryptocurrencies decreased to $4.14 trillion as of October 10, 2025, down from $4.15 trillion the previous week [18][22] - The total trading volume in the cryptocurrency market was $211.71 billion, accounting for 5.11% of the total market capitalization [18][22] - Core assets in the cryptocurrency market saw significant inflows, with a total net inflow of $2.715 billion recorded, despite a sharp price drop following the announcement of new tariffs by the U.S. government [29][30]