Qualcomm(US:QCOM) 21世纪经济报道·2025-10-27 15:21Market Performance - The U.S. stock market opened with all three major indices rising, reaching new historical highs, with the Nasdaq index up nearly 1.5% and both the Dow Jones and S&P 500 indices up over 0.5% [1][2] - The Nasdaq Golden Dragon Index and the Wind China Concept Stock Index both increased by approximately 2%, with notable gains in Chinese stocks such as Baidu (up over 5%), JD.com (up nearly 3%), and Alibaba (up nearly 2%) [3][4] Technology Sector - Qualcomm led the tech sector with a significant increase, rising over 20%, marking its largest intraday gain since 2019, driven by the launch of AI chips to compete with Nvidia [3] - Other tech giants like Intel, Nvidia, Google, Amazon, and Microsoft also saw substantial gains, with Intel's market cap exceeding $190 billion [3] Currency and Commodities - The offshore RMB appreciated against the USD, rising over 200 basis points, while the A50 index increased by about 1.2% [4] - Gold prices fell below $4000 per ounce for the first time since October 10, with a daily decline exceeding 3%, and silver prices also dropped significantly [4][5] Cryptocurrency Market - The cryptocurrency market experienced a significant increase in trading volume, with Bitcoin's trading volume rising by 78.21% and Ethereum's by over 50%, despite over 125,000 traders facing liquidation, amounting to over $400 million [6][7] - The People's Bank of China emphasized the need to combat virtual currency trading and speculation, highlighting the risks associated with stablecoins and their regulatory challenges [8]