Market Overview - The Asia-Pacific stock markets experienced widespread declines, with the South Korean Composite Index dropping over 5%, triggering a trading halt for 5 minutes [1][5] - The A-share market saw all three major indices fall by more than 2%, with the Shanghai Composite Index down 2.48%, the Shenzhen Component down 2.69%, and the ChiNext Index down 2.46% [1][6] - The Hang Seng Index and the Hang Seng China Enterprises Index also fell by over 2%, while the Hang Seng Technology Index dropped by 3.36% [1][6] Sector Performance - The A-share non-ferrous metals sector underwent significant corrections, with precious metals and industrial metals leading the declines; stocks like Sichuan Gold and Chifeng Jilong Gold hit the daily limit down [2] - The storage chip concept saw expanded declines in the afternoon, with stocks such as Kaipu Cloud and Wanrun Technology also hitting the daily limit down [2] - Other sectors like oil and gas, chemicals, coal, and semiconductors also faced notable declines [2] Key Factors Influencing Market Movement - A sudden shift in expectations regarding the Federal Reserve's policy, particularly with the nomination of Kevin Walsh as the next Fed Chair, raised concerns about potential delays in interest rate cuts, impacting global risk asset valuations [7] - Profit concerns in the AI industry led to a sell-off in technology stocks, with major players like Samsung Electronics and SK Hynix experiencing declines of over 6% and 8%, respectively [7] - Pre-holiday risk aversion and reduced market liquidity contributed to a lack of buying support, as investors opted to secure profits ahead of the upcoming Spring Festival [7] - Technical adjustments were also noted, as some sectors had reached high valuation levels after significant prior gains [7] Food Sector Insights - The food sector saw some stocks, such as Youyou Food, experience sharp increases, with several others following suit [8] - Analysts suggest that the rise of healthy snacks and the penetration of online channels are key growth drivers in the market [11] - The food and beverage industry is currently at a historical low in valuation, presenting potential investment opportunities as market dynamics shift [11]

IT之家 2 月 2 日消息，据韩媒 ZDNet Korea 报道，三星电子和 SK 海力士的"最尖端" NAND 投资终于要 全面启动了。 IT之家 2 月 2 日消息，据韩媒 ZDNet Korea 报道，三星电子和 SK 海力士的"最尖端" NAND 投资终于要 全面启动了。 过去长期把资源优先投向 DRAM 导致计划一再推迟，随着 AI 产业推动存储需求快速上升，两家公司 最近已经开始敲定具体的扩产方案。 过去长期把资源优先投向 DRAM 导致计划一再推迟，随着 AI 产业推动存储需求快速上升，两家公司 最近已经开始敲定具体的扩产方案。 业内消息称，三星与 SK 海力士都计划在今年第 2 季度推进最尖端 NAND 的"转换投资"。 三星在 2024 年 9 月就已启动 280 层 V9 NAND 量产，但目前产能仍然很小，月产大约只有 15000 片晶 圆左右。当时，三星考虑到市场需求不足，只在平泽园区部署了初期量产线。 三星接下来准备从今年第 2 季度开始扩大 V9 产能，重 点放在中国西安的 X2 产线。目前西安 X2 仍主要生产 6 至 7 代旧款 NAND，而邻近的 X1 产线向第 8 代 N ...

如果您希望可以时常见面，欢迎标星收藏哦~ 参参考考链链接接 h tt ps://www. c h o s u n . c om/ e n g lis h /i ndustr y- e n/ 2026/ 02/ 01/ 4VLSUEZEBJEALKFTCXIBB7 5 IZE/ （来源 ： 编译自chosun ） 点这里加关注，锁定更多原创内容 *免责声明：文章内容系作者个人观点，半导体芯闻转载仅为了传达一种不同的观点，不代表半导体芯闻对该 观点赞同或支持，如果有任何异议，欢迎联系我们。 推荐阅读 10万亿，投向半导体 芯片巨头，市值大跌 黄仁勋：HBM是个技术奇迹 Jim Keller：RISC-V一定会胜出 喜欢我们的内容就点 "在看 " 分享给小伙伴哦~ 全球市值最高的10家芯片公司 与已固化为三星电子、SK海力士和美光三大巨头的DRAM市场不同，NAND市场竞争激烈且变化 较 大 。 尽 管 排 名 前 两 位 的 三 星 电 子 （ 32% ） 和 SK 海 力 士 （ 20% ） 正 在 减 产 NAND 并 专 注 于 DRAM，但像日本铠侠（排名第三，14%）和美国闪迪（排名第五，12%）这样的 ...

金价继续跳水：部分银行实物金条库存悄然松动 投资情绪降温 黄金、白银价格继续剧烈波动，随着黄金、白银价格持续大幅下挫，人们投资实物黄金的热情有所松 动，部分投资者选择观望，此前日日被抢断货的银行金条也出现了库存，部分银行的实物金条甚至显示 为"库存充足"状态。业内普遍认为，本次黄金"巨震"，直接原因或是美国总统特朗普提名凯文·沃什为 新任美联储主席，导致"独立性危机"担忧降温，美元反弹。（一财） 黄金一度暴跌1000美元 业内提示警惕抄底风险 黄金大幅下跌，伦敦现货金距离1月29日高点跌幅一度超过1000美元/盎司。业内人士认为，黄金短期内 将会大幅震荡，建议投资者先不要急于抄底，等市场波动幅度降低后，黄金ETF等产品将会比金矿股更 加稳健，目前看黄金中长期的投资逻辑依然维持，但也要关注美联储主席换人之后，如何配合总统特朗 普的政策变化。光大证券国际策略师伍礼贤表示，黄金本质上属于避险资产，然而任何资产价格出现大 幅波动时，其风险属性将随之显现，在经历近期急剧下跌行情后，预计短期价格波动或将延续。此次回 落的重要支撑位置大致位于4300美元/盎司至4500美元/盎司区间，投资者当前不宜急于抄底。（一财） 招商 ...

根据规定，韩国交易所会在KOSPI或KOSDAQ指数期货价格较前一交易日结算价上涨或下跌5%以上的状态持续1分钟时，触发该熔断机 制。韩国主板市场上一次因市场抛售触发该机制是在去年11月大跌时。 与此同时， 自去年以来引领韩国股市创下全球最佳表现的芯片巨头三星电子和SK海力士，日内跌幅分别达到了逾6%和8%。 过去一年间，韩国股市始终扮演着全球市场领头羊的角色，即便全球人工智能热潮在其他市场暂歇时，其股价仍持续攀升。然而，本周一 (同时也是2月首个交易日)的暴跌，却正考验着投资者的信心。 这场始于温和回调的下探行情，在当地时间午盘前后迅速演变为了猛烈抛售，韩国股市几乎与黄金白银一同被卷入市场对"最拥挤"交易的平 仓浪潮之中。美联储利率政策的不确定性及对人工智能驱动型支出可持续性的质疑，也令韩国科技股承压沉重。 行情数据显示，韩国综合股价指数日内一度暴跌5.6%，收盘最终下跌274.67点，跌幅5.26%，创下去年四月以来的最大单日跌幅。由于盘 中跌幅超过5%，韩国交易所于当地时间中午12点31分启动旨在遏制股市过度波动的 "临时停牌"（Sidecar）机制，暂停卖出委托指令五分 钟。 AI热潮遭重击？ 分析人 ...

1月底，韩国交易所首席执行官郑恩博表示，随着韩国持续推进提升股东回报、吸引全球资本的改革举 措，韩国股市涨势有望延续，韩国综合指数未来或攀升至6000点。同时，韩国交易所正通过"组合拳"优 化资本市场整体环境。 开年首次触发熔断机制 2日一早开盘，KOSPI指数便从5122.62点下跌，跌破5000点之后跌幅虽有所收窄，但上午10时起急剧下 跌。 午盘前后，KOSPI指数单日暴跌5.26%（下跌274.67点），创2025年4月以来最大跌幅。 涨势凶猛的韩国股市突然遭遇"急刹车"。 当地时间2月2日，韩国股市遭遇"黑色星期一"，韩国综合股价指数（KOSPI）跌超5%，失守5000点关 口。 去年，韩国股市以全年76%的涨幅成为全球表现最佳的市场之一，KOSPI也创下自1999年以来的最佳表 现。2026年开年以来，韩国股市延续上涨势头，不断走高，于1月22日首次突破5000点大关。 哪些因素是诱因 对于韩国股市2日暴跌，市场分析认为，美联储政策不确定性，尤其释放出的鹰派信号，比如美国总统 特朗普提名凯文·沃什为美联储主席，被视为导致全球流动性收紧预期的罪魁祸首，引发外资抛售。 数据显示，全球投资者在2日当天净 ...

韩国股市的快速上涨已经使部分板块估值偏高，投资者应警惕短期技术性调整风险。 涨势凶猛的韩国股市突然遭遇"急刹车"。 当地时间2月2日，韩国股市遭遇"黑色星期一"，韩国综合股价指数（KOSPI）跌超5%，失守5000点关 口。 去年，韩国股市以全年76%的涨幅成为全球表现最佳的市场之一，KOSPI也创下自1999年以来的最佳表 现。2026年开年以来，韩国股市延续上涨势头，不断走高，于1月22日首次突破5000点大关。 1月底，韩国交易所首席执行官郑恩博表示，随着韩国持续推进提升股东回报、吸引全球资本的改革举 措，韩国股市涨势有望延续，韩国综合指数未来或攀升至6000点。同时，韩国交易所正通过"组合拳"优 化资本市场整体环境。 开年首次触发熔断机制 2日一早开盘，KOSPI指数便从5122.62点下跌，跌破5000点之后跌幅虽有所收窄，但上午10时起急剧下 跌。 午盘前后，KOSPI指数单日暴跌5.26%（下跌274.67点），创2025年4月以来最大跌幅。 对于韩国股市2日暴跌，市场分析认为，美联储政策不确定性，尤其释放出的鹰派信号，比如美国总统 特朗普提名凯文·沃什为美联储主席，被视为导致全球流动性收紧预期 ...

Market Overview - The Asia-Pacific stock markets experienced a widespread decline, with the South Korean Composite Index dropping over 5%, triggering a trading halt for 5 minutes [1][4] - The A-share market saw all three major indices fall by more than 2%, with the Shanghai Composite Index down 2.48%, the Shenzhen Component down 2.69%, and the ChiNext Index down 2.46% [1][4] - The Hang Seng Index and the Hang Seng China Enterprises Index both fell by over 2%, while the Hang Seng Technology Index dropped by 3.36% [1] Sector Performance - The A-share non-ferrous metals sector experienced a significant pullback, with precious and industrial metals leading the declines; stocks like Sichuan Gold and Chifeng Jilong Gold hit the daily limit down [4] - The storage chip sector also saw expanded losses, with stocks such as Capcloud and Wanrun Technology hitting the daily limit down [4] - Other sectors like oil and gas, chemicals, coal, and semiconductors also faced notable declines [4] Commodity Market - Domestic commodity futures closed lower across the board, with major contracts for silver, palladium, platinum, nickel, tin, copper, aluminum, international copper, crude oil, fuel oil, aluminum alloy, and lithium carbonate all hitting the daily limit down [4] Factors Influencing Market Movement - A sudden shift in expectations regarding the Federal Reserve's policy, particularly with the potential nomination of Kevin Walsh as the next Fed Chair, has raised concerns about delayed interest rate cuts and tightening liquidity, impacting global risk asset valuations [6] - Profit concerns in the AI sector have led to a sell-off in technology stocks, with major players like Samsung Electronics and SK Hynix experiencing significant declines of over 6% and 8%, respectively [6] - Pre-holiday risk aversion and reduced trading volume have contributed to market weakness, as investors are inclined to secure profits ahead of the upcoming Spring Festival [6] - Technical adjustments are also at play, as some sectors in the Asia-Pacific region have reached high valuation levels after substantial prior gains [6] Consumer Sector Insights - The rise of healthy snacks and the penetration of online channels are identified as key growth drivers in the market, with projections indicating that the Chinese leisure food industry will reach 1.18 trillion yuan by 2025 and 1.24 trillion yuan by 2027 [10] - Current valuations in the food and beverage sector are at historical lows, suggesting potential investment opportunities as market dynamics shift [10] - Three main investment themes are suggested: focusing on industry leaders with stable demand and strong risk resilience, companies innovating in new products and channels, and segments within the mass consumer goods industry that have reasonable valuations post-adjustment [10]

Core Viewpoint - The recent volatility in the South Korean stock market has significant implications for the global entertainment industry, particularly due to its ties with the technology sector [1] Group 1: Impact on the Technology Sector - The technology sector, including major companies like Samsung Electronics and SK Hynix, has been severely affected, leading to a substantial decline in their stock prices [3] - The financial instability of these tech giants directly impacts the capital stability of entertainment companies that rely on their investments [3] Group 2: Regional Market Reactions - The fluctuations in the South Korean market have caused noticeable declines in other Asian markets, including China's A-shares, Hong Kong stocks, and Indonesia's stock market, creating regional panic [6] - This market sentiment has affected cross-border collaborations in the entertainment industry, with ongoing projects facing uncertainty due to investor caution [6] Group 3: Monetary Policy Influences - The anticipated shift towards stricter monetary policy by the Federal Reserve has been identified as a key trigger for the market turmoil, leading to a decrease in risk appetite among international investors [8] - The rising cost of financing and increased difficulty in securing funds pose significant challenges for the South Korean entertainment industry, especially for projects involving advanced technologies like virtual idols and metaverse concerts [8] Group 4: AI Sector Adjustments - Recent comments from Nvidia's CEO regarding the uncertainty of a $100 billion investment have dampened market confidence in the long-term growth of AI-related industries, leading to a sell-off in global tech stocks [9] - The cooling expectations for AI may prompt entertainment companies to reassess their investment strategies in technology, shifting from aggressive expansion to more pragmatic pilot applications [11] Group 5: Foreign Investment Concerns - Entertainment companies heavily invested by international funds are experiencing greater pressure on their stock prices, raising concerns about potential instability in their ownership structures [11] - To bolster market confidence, some entertainment firms are considering share buyback plans to demonstrate management's recognition of their intrinsic value [11] Group 6: Industry Structural Adjustments - The stock market turmoil has revealed the South Korean entertainment industry's vulnerability due to its high dependence on foreign capital [13] - Following this upheaval, capital is expected to favor companies with stable cash flows and clear business models, while projects with uncertain profitability may struggle to attract funding [13]

[Table_Main] 行业研究|信息技术|半导体与半导体生产设备 证券研究报告 半导体与半导体生产设 2026 年 02 月 02 日 备行业周报、月报 [Table_Title] 台积电持续扩充 CoWoS 产能，英伟达联手 奔驰打造无人出租车 ——行业周报 [Table_Summary] 报告要点： 本周（2026.1.26-2026.2.1）市场回顾 1）海外 AI 芯片指数本周上涨 0.95%，MPS 和博通上涨 5.7%和 3.5%， AMD 下跌 8.8%，Marvell 和台积电小幅下滑。2）国内 AI 芯片指数本 周下跌 2.1%。澜起科技和兆易创新分别上涨 13.6%和 5.9%，恒玄科 技和通富微电分别下跌 10.4%和 7.6%，翱捷科技和寒武纪下滑幅度 在 5%-6%。3）英伟达映射指数本周下跌 1.8%，长芯博创和太辰光涨 幅均在 22%以上，英维克和麦格米特涨幅在 9.9%和 5.4%。沃尔核材 和神宇股份跌幅分别在 14.2%和 8%，兆龙互连、工业富联、景旺电 子、沪电股份和江海股份跌幅在 2%-6%。4）服务器 ODM 指数本周 下跌 0.7%，超微电脑跌幅超 8%，Wi ...