格隆汇2月5日｜花旗：将Arm(ARM.US)目标价从200美元下调至190美元。 ...

花旗集团将Arm目标价从200美元下调至190美元。 来源：滚动播报 ...

Core Viewpoint - Morgan Stanley has lowered the target price for ARM from $180 to $145 [1] Group 1 - The adjustment in target price reflects a reassessment of ARM's market position and future growth potential [1]

其他公司也已对存储芯片紧张局势发出警告。总部位于中国台湾的芯片制造商联发科在本周的一次电话 会议中提及这一问题，并称其为一个"仍在演变中的"局面。与此同时，英特尔(INTC.US)首席执行官陈 立武周二表示，存储芯片短缺的状况可能会持续数年。他表示："就我所知，目前看不到任何缓解迹 象。"他援引供应商的说法称，相关情况要到2028年才可能改善。 值得一提的是，在AI快速发展下对存储芯片需求持续攀升的情况下，有存储芯片厂商已经开启了密集 扩产和合作动作，加大2026年资本开支是普遍现象。 其中，仅在今年1月，美光科技就连续宣布多个动作，旨在加码供应。1月16日，美光科技宣布其位于美 国纽约州的尖端存储芯片制造园区破土动工，计划总耗资1000亿美元，最多将建设四座晶圆厂，届时将 成为美国最大的半导体工厂。这也是美光科技持续扩大在美投资的一部分，其整体愿景是在美国投资 2000亿美元，建设多座晶圆厂，目标是最终40%的DRAM在美国生产。 高通(QCOM.US)与Arm(ARM.US)的股价在周四公布业绩后均大幅下跌，原因是市场担忧存储芯片短缺 将抑制电子产业的增长前景。全球最大智能手机处理器制造商高通的管理层释放 ...

日经225指数小幅下跌0.73%至53898.35点，但涵盖范围更广的Topix指数上涨0.23%，创下历史新高，成为亚太地区唯一收涨的主要指数。 软银集团盘中大跌下挫6.39%，因旗下芯片设计公司Arm第三财季授权销售未达预期。 比特币在科技股抛售潮中同步走弱，下跌超过3%，盘中一度跌破73000美元关口后进一步下跌。 周四，亚太市场普遍下跌，延续华尔街科技股抛售势头，芯片股成为重灾区。韩国Kospi指数领跌主要市场，三星电子和SK海力士均跌超 4%。贵金属跳水，现货白银日内跌超15%。 隔夜，美国芯片制造商AMD第一季度业绩预测未达部分分析师预期，股价暴跌17%，引发亚洲科技股连锁反应。Broadcom和Micron Technology分别下跌3.8%和9.5%。 AT Global Markets首席市场分析师Nick Twidale分析表示，亚洲市场正受到华尔街隔夜抛售的冲击，不确定是否可以说科技股已经见顶，但市 场还有进一步回调的空间，这是传统的"抛售科技股、转向防御性板块"的操作。 韩国市场承压最重，Kospi指数跌3.68%。三星电子和SK海力士分别下跌4.14%和4%。 持续更新中 国内市场 ...

Market Overview - Following the overnight decline in US stocks, Japanese and South Korean markets opened lower, with technology and electronics stocks experiencing significant drops [1] - As of around 8:20 AM Beijing time, the Nikkei 225 index fell approximately 0.4%, with declines in tech and electronics stocks offsetting gains in automotive and pharmaceutical sectors [1] Company Performance - SoftBank Group saw a decline of over 4%, following a drop in its subsidiary Arm Holdings' stock price overnight [1] - NEC Corporation experienced a nearly 5% drop, while Advantest Corporation fell by 4% [1] - In South Korea, the KOSPI index dropped nearly 2%, with major chipmaker SK Hynix down by 4.89% and Samsung Electronics falling over 3.6%, contributing significantly to the index's decline [1] Broader Impact - The global sell-off in software stocks also affected Chinese concept stocks, with the Nasdaq Golden Dragon China Index closing down by 1.95% on Wednesday [1]

该公司在声明中表示，第四财季营收预计约为14.7亿美元。尽管这高于分析师平均预期的14亿 美元，但部分预测曾高达15亿美元以上。剔除特定项目后，预计每股收益为58美分，高于此前 56美分的预估。 在截至12月31日的第三财季，Arm营收同比增长26%至12.4亿美元，每股收益为43美分，两项 数据均略高于市场平均预期。 芯片设计巨头Arm Holdings Plc(ARM.US)周三发布业绩展望后股价大幅下挫，其营收预测未能满足 近期对人工智能相关企业愈发持怀疑态度的投资者的期望。 Arm主要通过两种方式获得收入：一是向客户授权使用其芯片设计和标准，二是按搭载其技术的 芯片出货量收取专利费。 一个可能的担忧来自授权收入，这被视为客户未来使用Arm产品意愿的风向标。该季度授权收入 为5.05亿美元，低于分析师平均预估的5.2亿美元。 同期专利费收入达7.37亿美元，超出平均预期。Arm表示，与数据中心相关产品的授权收入较去 年同期增长了一倍。 Arm首席执行官Rene Haas在接受采访时表示，市场需求，尤其是数据中心市场的需求已超出预 期。但他对提供公司预期增长幅度的"模糊"长期目标持谨慎态度，更倾向于保持保 ...

日本日经指数早盘下跌0.3%，报54,147.77点，科技股和电子股的下跌抵消了汽车股和制药股的涨幅。 软银集团下跌4.3%，此前其子公司Arm Holdings股价隔夜下跌。日本电气下跌4.8%，爱德万测试下跌 4.0%。与此同时，马自达汽车上涨2.2%，中外制药上涨4.6%。东证指数上涨0.2%，报3,662.31点。美元 兑日元报156.92日元，周三东京股市收盘报156.27日元。投资者正密切关注企业财报，索尼集团和NTT Inc.定于周四晚些时候发布业绩。 ...

Market Overview - The S&P 500 experienced a bounce back after being down more than 1%, closing down by 0.2% [1] - Small caps underperformed, with the Russell 2000 down by about 0.6% [2] - The dollar index increased by approximately 0.3%, while Bitcoin continued to decline [2] Technology Sector - The technology sector, particularly software companies like Salesforce, has seen significant declines, erasing gains from record highs in September and nearing bear market territory [3] - There is a belief that the market is overvaluing technology and AI companies, indicating a rotation out of high-growth tech stocks into more value-oriented names [4][5] - Alphabet, a major tech player, is set to report earnings, with expectations that it may influence the market's direction [6][72] Eli Lilly and Novo Nordisk - Eli Lilly's shares surged after issuing an optimistic sales forecast for the next fiscal year, with U.S. revenue increasing by 43%, driven by a 50% increase in volume despite a 7% decrease in realized prices [24][35] - The company anticipates significant growth opportunities in the obesity and type 2 diabetes markets, with over 100 million potential patients in the U.S. alone [36] - In contrast, Novo Nordisk faced challenges, including pricing pressures, leading to a significant drop in its stock [42][53] Energy Sector - Phillips 66 reported strong earnings, with a focus on refining and marketing, and plans for continued growth in the midstream business [56][58] - The company is optimistic about processing Venezuelan crude oil, with the ability to handle up to 250,000 barrels a day [66] - The energy sector is experiencing a transformation, with expectations of increased investment in energy and power, projected to reach $4-5 trillion annually [14][18] Investment Strategies - There is a trend towards value-oriented investments, with a shift from last year's winners to companies with stronger value propositions [5][89] - Active management is recommended for investors looking to navigate the current market uncertainties, particularly in sectors like AI and energy [12][20]

>> IS THAT A TEXT SELLOFF OR A TECH ROTATION. THE DISTINCTION DOES MATTER. LIVE IN NEW YORK, I AM ROMAINE BOSTICK.>> AND I'M KATIE GREIFELD. KICKING YOU OFF TO THE CLOSE ON ON AN IMPORTANT DAY. THE S&P 500, WHAT A BOUNCE.WE COULD GO GREEN BY THE TIME WE GET TO THOSE CLOSING BELLS, DOWN BY 0.2%. THE S&P 500 WAS LOWER BY MORE THAN 1% EARLIER. A LOT OF THAT PAIN COMING FROM TECH, COMING FROM SOFTWARE.LET'S TALK ABOUT THE SMALL CAPS. YOU ARE SEEING SMALL CAPS UNDER PERFORM ON THIS DAY. THE RUSSELL TWO THOUSAND ...