Japan’s ruling party aims to secure roughly $6.5 billion per year to keep supporting the nation’s semiconductor and AI sectors, according to a lawmaker who leads such efforts https://t.co/7MZvw6JDT2 ...

Core Insights - The Mirae Asset NYSE FANG+ ETF FoF has shown significant performance since its launch, with a one-year return of 81.19% and a CAGR of 34.18% since inception [2][27] - The fund's performance is heavily influenced by the technology sector, which constitutes 51.52% of its portfolio, and has benefitted from strong earnings growth and investor optimism in AI and semiconductor segments [11][9] - The fund is currently closed for fresh lump-sum investments and new SIP registrations due to regulatory constraints, not reflecting its performance or market outlook [10][25] Performance Metrics - The fund delivered a negative return of approximately 33.16% in 2022, but positive returns of 19.47%, 92.47%, and 85.87% in 2021, 2023, and 2024 respectively [6][27] - Over the last three years, the fund has achieved a Treynor ratio of 9.61, an alpha of 3.97, and a Sortino ratio of 1.20, indicating strong risk-adjusted performance [19][28] - The underlying NYSE FANG+ Index has a trailing P/E of 38.5x, higher than the S&P 500 and Nasdaq 100, reflecting high growth expectations [15][28] Sector and Stock Analysis - The fund's concentrated portfolio includes 10 stocks, with major contributions from NVIDIA Corp, Broadcom Inc, Meta Platforms Inc, and Netflix Inc, driven by the AI boom [11][28] - The earnings per share (EPS) of the index constituents increased from USD 151.78 to USD 352.60, translating to a CAGR of 25.3% in USD terms [8][7] - The fund's exposure to the U.S. dollar has been beneficial for Indian investors due to INR depreciation, enhancing returns [7][9] Investment Strategy - The fund is suitable for experienced or risk-tolerant investors, with recommendations to allocate up to 5% of their overall portfolio to such concentrated international themes [21][22] - Systematic Investment Plans (SIPs) are suggested as a strategy to mitigate volatility and timing risks associated with lump-sum investments [20][21] - Investors are advised to maintain oversight and be prepared to adjust their exposure in response to market conditions, especially given the fund's high concentration and cyclicality [22][17] Market Context - Recent headwinds in the U.S. equity markets include elevated valuations, higher interest rates, and inflation, which could impact future performance [16][28] - The pause in fresh subscriptions for international funds is a regulatory measure, not a reflection of market conditions [25][29] - Alternatives such as domestic funds with international exposure are suggested for investors until direct global funds reopen for subscription [26][29]

great about this. >> Let's get the opening bell on this CNBC realtime exchange this morning at the big board. It's cut celebrating its listing and spin-off from Deont.We'll speak with CEO John Kemp in just a couple of minutes at the NASDAQ and his semiconductor company Micro Systems. As we move into November, Jim, where the average gain for the S&P is about 1%. >> But boy, there's >> 60 some odd percent of the time.There are some uh some stocks that are just crushing it. They continue to crush it. They tend ...

Core Insights - STMicroelectronics has seen significant increases in institutional ownership, with several asset management firms boosting their positions substantially in recent quarters [1][6] - The company's recent quarterly earnings report showed an EPS of $0.29, exceeding analyst expectations, and revenue of $3.19 billion, slightly above estimates [3] - Analysts have varied opinions on STMicroelectronics, with some upgrading their ratings while others have lowered price targets [4] Institutional Ownership - Smartleaf Asset Management LLC increased its stake by 63.1%, now holding 2,167 shares valued at $48,000 after acquiring 838 additional shares [1] - IFP Advisors Inc raised its position by 85.4%, owning 2,269 shares valued at $69,000 after acquiring 1,045 shares [1] - Caitong International Asset Management Co. Ltd saw a 396.4% increase, now holding 3,197 shares valued at $70,000 after acquiring 2,553 shares [1] - SBI Securities Co. Ltd increased its stake by 57.2%, now owning 3,322 shares valued at $73,000 after acquiring 1,209 shares [1] - CWM LLC grew its position by 27.5%, now holding 2,680 shares valued at $82,000 after acquiring 578 shares [1] - Hedge funds and institutional investors currently own 5.05% of the stock [1] Price Performance - STMicroelectronics shares opened at $24.48, with a market capitalization of $21.98 billion [2] - The company has a price-to-earnings ratio of 42.20 and a price-to-earnings-growth ratio of 4.59 [2] - The stock has a one-year low of $17.25 and a high of $33.47, with a 50-day moving average of $27.45 and a 200-day moving average of $27.11 [2] Earnings Results - The company reported an EPS of $0.29 for the last quarter, beating the consensus estimate of $0.22 by $0.07 [3] - Revenue for the quarter was $3.19 billion, slightly above the analyst estimate of $3.18 billion [3] - STMicroelectronics has set its FY 2025 guidance at an EPS of 0.85 for the current year [3] Analyst Ratings - TD Cowen lowered its price target from $27.00 to $25.00, maintaining a "hold" rating [4] - Baird R W upgraded STMicroelectronics from "hold" to "strong-buy" [4] - Goldman Sachs set a price target of $26.50 with a "neutral" rating [4] - Deutsche Bank restated a "buy" rating, while BNP Paribas upgraded from "hold" to "outperform" [4] - The average rating for the stock is "Hold" with an average target price of $31.19 [4] Company Overview - STMicroelectronics designs, develops, manufactures, and sells semiconductor products across various regions including Europe, the Middle East, Africa, the Americas, and Asia Pacific [5]

The US is set to announce that Nexperia BV, a Dutch semiconductor company with facilities in China, will resume shipping chips, according to a person familiar with the matter https://t.co/pp1n2FT4rd ...

This video is brought to you by Vulture. More on them later. We now have a humanoid robot built for home use available for pre-sale right now.This is 1X's robot, Neo, and it is really the first mass market pre-orderable humanoid robot that we've seen. And their launch video went absolutely viral. Almost 30 million views in less than 24 hours.And yes, I already pre-ordered it. It's going to be available in early 2026. That is right around the corner.Neo is offered at a $20,000 purchase price or $4.99% a mont ...

西安奕材专注于12英寸硅片的研发、生产和销售，基于2024年月均出货量和截至2024 年末产能规模统 计，公司是中国大陆第一、全球第六的12英寸硅片厂商，前述月均出货量和产能规模全球同期占比约为 6%和7%。 通过本次IPO募集资金保障第二工厂建设，公司预计2026年全球市场份额将超过10%，跻身全球12英寸 硅片头部厂商。 N奕材-U今日上市，开盘价39.78元，上涨361.48%，是首批新上市科创成长层新股中涨幅最大的，N禾 元-U开盘涨202.82%，N必贝特开盘涨175.03%。 这3只科创板新股均为未盈利企业上市，自上市之日起纳入科创成长层。 业绩方面，主要财务指标也逐步向好。报告期内，公司营业收入从2022年的10.55亿元增至2024年的 21.21亿元，复合增长率达到41.83%。同时，公司经营活动产生的现金流量净额2022年开始持续为正。 与同行业相比，在半导体周期波动下，可比公司营业收入及净利润均呈现一定幅度波动，公司净利润趋 势与可比公司一致，但营业收入实现了持续逆市增长。 公司管理层根据已有的产能建设及投放、技术研发、客户验证和销售计划，预计公司可于2027年实现合 并报表盈利。（数据 ...

Core Viewpoint - Lam Research Corporation is a significant player in the semiconductor industry, known for its innovative solutions in wafer fabrication, which are essential for semiconductor production [1] Company Performance - On October 23, 2025, Cantor Fitzgerald reiterated its "Overweight" rating for Lam Research, indicating a positive outlook on the stock priced at $144.71, suggesting expected performance above the average market return [2] - Following the Q1 2026 earnings call, LRCX's stock price increased by 2.63%, closing at $144.97, reflecting a positive market reaction to the company's performance and future outlook [4][6] - Lam Research's market capitalization is approximately $183.49 billion, highlighting its significant presence in the semiconductor industry [5][6] Market Activity - The stock experienced a trading volume of 2,989,884 shares, indicating active trading on the NASDAQ exchange [5] - Over the past year, LRCX has seen a high of $153.70 and a low of $56.32, showcasing the dynamic nature of the semiconductor market [5]

Core Viewpoint - The report highlights the performance of mixed public fund products in the third quarter of 2025, showcasing significant growth in the A-share market, particularly in technology and high-end manufacturing sectors, with several products achieving notable returns [5][6]. Market Performance - In Q3 2025, the A-share market exhibited a structural bull market, with the ChiNext Index rising over 50% and the STAR Market increasing by over 40%. The Shanghai Composite Index and Shenzhen Component Index reached new highs since April 2019, with increases of 12.73% and 29.25% respectively [5]. - Key sectors such as new energy, artificial intelligence, semiconductors, and non-ferrous metals showed the highest growth rates [5]. Mixed Public Fund Performance - The average net value growth rate for mixed public fund products was 2.15% in Q3 2025, with only 4 products exceeding a 20% growth rate. Approximately 40% of the 1196 sample products had returns below 1%, and 14 products reported negative returns [6]. - Seven asset management companies had products listed in the top rankings, with Ningyin Wealth Management, Huihua Wealth Management, and Xingyin Wealth Management each having two products featured [6]. Product Analysis - The top-performing product, "Ningyin Mixed Carbon Neutral Open-End Fund No. 1," achieved a net value growth rate of 26.07%, benefiting from significant gains in the new energy and non-ferrous metal sectors. The product's stock investments accounted for 54.84% of its portfolio, with top holdings including Ningde Times and Zijin Mining, which saw respective increases of 59.96% and 52.14% [7][8]. - The second-ranked product, "Huizhe Flexible Allocation Open-End Fund," had a net value growth rate of 21.86% and was diversified across equity assets (71%), government bonds (15.48%), and cash (13.53%). Key holdings included automotive and technology stocks, with notable gains from Changyuan Donggu and Zhongding Holdings [7][8].

Financial Data and Key Metrics Changes - The company reported record revenues of $5.3 billion for the September quarter, up 3% from the June quarter [5][18] - Gross margin reached 50.6%, a record in the post-Novellus period, improving from 50.3% in the June quarter [18][22] - Operating margin was 35%, also a record level for both dollars and percentage terms [18][22] - The deferred revenue balance at quarter end was $2.77 billion, slightly up from the June quarter [18] Business Line Data and Key Metrics Changes - Foundry accounted for 60% of systems revenue, up from 52% in the June quarter, marking the third consecutive record quarter [19] - Memory contributed 34% of systems revenue, down from 41% in the prior quarter, with non-volatile memory at 18%, down from 27% [19] - DRAM increased to 16% of systems revenue from 14%, driven by strong investments in high-bandwidth memory [19][20] - The Customer Support Business Group generated approximately $1.8 billion in revenue, slightly higher sequentially and year-over-year [22] Market Data and Key Metrics Changes - China represented 43% of total revenue, up from 35% in the prior quarter, with domestic Chinese customers growing significantly [21] - Taiwan accounted for 19% of revenue, flat sequentially, while Korea dropped to 15% from 22% [21] Company Strategy and Development Direction - The company anticipates a $200 million revenue impact from the new 50% affiliate rule affecting shipments to certain domestic China customers [6] - AI-related demand is expected to support sustained strength in leading-edge foundry logic and DRAM, with a robust setup for equipment spending in 2026 [7][8] - The company is investing in advanced packaging opportunities to meet future demands, with tools being engineered for panel-level packaging [15][16] Management's Comments on Operating Environment and Future Outlook - Management expects the China region to represent less than 30% of overall revenues in 2026 due to the impact of the new rule [7] - The company sees a strong demand for NAND upgrades, estimating over $40 billion in spending required over the next several years [9][20] - Management expressed confidence in outperforming WFE growth due to technology trends in semiconductor manufacturing [38] Other Important Information - The company allocated approximately $990 million to share buybacks in the September quarter, with a remaining $6.5 billion on the share repurchase plan [25][26] - Capital expenditures for the quarter were $185 million, focused on lab investments and manufacturing site expansions [27] Q&A Session Summary Question: Insights on customer conversations regarding AI infrastructure spending - Management noted that while recent announcements indicate future demand, current equipment needs are focused on enterprise SSDs and NAND upgrades [33][34] Question: Drivers for relative outperformance in 2026 - Management indicated that Lam's markets in etch and deposition are expected to outgrow WFE due to ongoing technology transitions [38] Question: Clarification on December revenue guidance - Management attributed the stronger December guidance to improved expectations in high-bandwidth memory and overall WFE strength [42] Question: Outlook for NAND market and potential for new tools - Management expects continued focus on upgrades in NAND due to a large install base, with potential for new tools if demand remains high [68] Question: Impact of clean room space on growth - Management acknowledged that physical infrastructure limitations could affect growth, but emphasized that demand is accelerating [60] Question: Dynamics of CSPG growth and margins - Management confirmed that CSPG is growing and remains accretive to operating margins, with strong demand in spares and upgrades [62]