资料图 日本政府的税制调查会通过专家会议讨论了调整小额进口货物的免税政策。日本目前对1万日元以下的 进口货物免除消费税和关税。这被认为支持了中国"Temu"和"SHEIN"等…… 半导体存储器之一的DRAM价格正在持续上涨。指标产品的5月大宗交易价格连续2个月比上 月上涨10%。主要原因是认为全球存储器厂商停止和缩减包括指标产品在内的品类生产的预 期加强，产品短缺持续。部分需求方出现了押注短期价格上涨、开始囤积库存的趋势。 DRAM嵌入个人电脑（PC）、智能手机和数据中心的服务器设备等，用于数据的临时存储。 大宗交易价格由作为卖方的存储器制造商、作为买方的设备制造商和模块制造商按月或按季 度决定。 从5月份的大宗交易价格来看，作为指标的8GB DDR4产品为每个2.06美元左右，创出自 2024年8月以来的高点。容量较小的4GB产品也达到1.57美元左右，提高10%，涨幅连续2 个月达到10%。 关于长鑫存储技术，相关人士表示"将加速节电产品LPDDR4和属于下一代产品的DDR5的生 产"，包括中国企业在内的竞争激化，有可能影响到DDR5以后的价格。 不过，DDR4价格上升趋势的前景仍存在不确定性。由于PC和 ...

我是芯片超人花姐，入行20年，有50W+芯片行业粉丝。 有很多不方便公开发公众号的， 关于芯片买卖、关于资 源链接等， 我会分享在朋友圈 。 宣传、直播、朋友圈广告等合作需求 扫码加我本人微信 日前，全球芯片分销商老大 （文 晔） 和老二 （ 大联大） 陆续发布5月份财报： 文晔 5月营收为 783亿元 （ 新台币，下同） ， 同比减少2.35% ，环比减少约33.67%； 大联大 5月份营收为 754.6亿元， 同比增长12.1% ， 环比下降17.78%。 本文将分析文晔 和 大联大 近期 营收 的 具体情况以及今年 以来 的 表 现 。 大联大2025年月营收汇总；来源：奇摩股市 从 上 图 可以 看到 ， 大联大月营收在2、3月都达到50%以上的同比涨幅，4、5月涨幅开始收 窄。这主要受惠于 生成式AI 迅速发展，推动相关传统及AI服务器、电源、PC、NB等电子零组件 需求增加等因素。 环比 来看 ，大联大在今年2、3月营收实现环比增长，尤其是在3月，达到了51.25%的巨大涨幅 ， 后面 两个月 则 出现了环比下降的情况。 此前，大联大预估2025年第2季，若以新台币31元兑1美元汇率假设，预估营业 ...

华尔街见闻此前提及，有媒体爆料OpenAI已与谷歌在上月敲定合作协议，谷歌云为OpenAI训练和运行 模型提供算力，之前因OpenAI与微软的锁定协议而无法达成合作。而今年1月之前，微软一直是OpenAI 的独家云服务供应商。 虽然这项潜在合作的条款和规模尚未公布，但分析师预计随着生成式AI推理阶段的持续发展，OpenAI 将需要越来越多的容量。作为参考，今年早些时候OpenAI与CoreWeave签署了119亿美元的协议（包括 3.5亿美元的股权投资），最近又将该协议额外延长了40亿美元。 报告指出，对于谷歌而言，这一合作可能谷歌云业务的一个重要转折点。 目前，谷歌云的年化收入已接近500亿美元，过去两年保持了20%至30%的增长率，但相较于亚马逊的 AWS和微软的Azure，其市场份额和增速并未展现出持续的压倒性优势——而OpenAI的加入，若规模 可观，可能成为谷歌云加速增长的催化剂。 报告认为，以谷歌当前股价对应的2026年市盈率约18倍来看，市场尚未充分给予谷歌云应有的估值溢 价。 报告补充称，随着谷歌芯片产能限制在下半年有所缓解，这可能成为推动谷歌云更快、更持久增长的驱 动力。这对投资者而言，是一 ...

截至2025年6月12日 11:02，中证人工智能产业指数(931071)强势上涨1.08%，成分股中际旭创(300308)上涨9.44%，新易盛(300502)上涨4.62%，同方股份 (600100)上涨3.52%，深桑达A(000032)，润泽科技(300442)等个股跟涨。人工智能ETF(515980)上涨1.02%。 截至6月11日，人工智能ETF近1年净值上涨27.98%。从收益能力看，截至2025年6月11日，人工智能ETF自成立以来，最高单月回报为30.38%，最长连涨月 数为3个月，最长连涨涨幅为43.97%，上涨月份平均收益率为6.71%。 消息面方面，英伟达CEO黄仁勋6月11日在法国巴黎宣布，计划在欧洲投资建设20家"AI工厂"，欧洲的AI算力将在两年内增长10倍，助力欧洲的工业领军企 业加速所有制造应用，涵盖从设计、工程和仿真到工厂数字孪生和机器人技术的各个环节，从而推动欧洲成为AI工业革命的领导者。黄仁勋称，量子计算 正迎来关键拐点，未来几年将强大到足以"解决一些有趣的全球性问题"。 东方证券指出，下半年科技板块中人工智能是核心主题之一，其产业前景广阔，2024年全球人工智能IT总 ...

本文第一作者顾泽琪是康奈尔大学计算机科学四年级博士生，导师为 Abe Davis 教授和 Noah Snavely 教授，研究方向专注于生成式 AI 与多模态大模型。本项目为 作者在英伟达实习期间完成的工作。 想象一下，你是一位游戏设计师，正在为一个奇幻 RPG 游戏搭建场景。你需要创建一个 "精灵族树屋村落"—— 参天古木和树屋、发光的蘑菇路灯、半透 明的纱幔帐篷... 传统工作流程中，这可能需要数周时间：先手工建模每个 3D 资产，再逐个调整位置和材质，最后反复测试光照效果…… 总之就是一个 字，难。 核心贡献：无需训练的智能 3D 场景工厂 ArtiScene 的核心创新在于构建了一个完全 无需额外训练 的自动化流水线，将文本生成图像的前沿能力与 3D 重建技术巧妙结合。它一共包含五步： 1. 2D 图像作为 "设计蓝图" 系统首先用扩散模型生成等轴测视角的场景图。这种视角常用于建筑设计示意图，因为它能同时呈现物体的长、宽、高信息，且不受场景位置影响。相比直 接生成 3D，这种方法能利用更成熟的 2D 生成技术确保布局合理性和视觉美感。 这种困境正是当前 3D 内容创作领域的缩影。传统 3D 设计软件如 ...

中国市场需求扩大容易惠及爱德万测试和迪思科等日本企业。原因是虽然中国也有开展半导 体制造设备业务的企业，但也很依赖日本和欧洲的主要企业。 博通（REUTERS） 吸引投资者买入半导体股票的利好因素接连不断。首先，中美举行贸易磋商，美国商务部长暗示放宽半 导体等出口管制。此外，生成式AI用先进半导体的销售坚挺。半导体巨头博通的总市值已超过特斯 拉…… 全球半导体相关股票呈现出强劲的上涨态势。在6月11日的东京股市，爱德万测试 （Advantest）的涨幅一度超过4%，与4月创出的年初以来低点相比，涨幅达到8成。日经平 均股指连续4天上涨。半导体相关股票带动整个股市行情的剧本备受期待。 当前，吸引投资者买入半导体股票的利好因素接连不断。首先，中美两国政府6月10日举行了 与贸易问题相关的部长级磋商。双方就切实履行5月在瑞士签订的协议内容达成一致。美国商 务部长卢特尼克表示，中国的稀土出口管制问题"可能会得到解决"，同时也暗示美国将放宽 半导体等产品的出口管制。 此外，全球大型半导体企业台积电（TSMC）10日公布的数据显示，2025年5月的销售额同 比增长4成，创出当月历史最高纪录。生成式AI用先进半导体的销售保 ...

生成式AI 一、 OpenAI发布推理新王o3-pro，网友实测：很强，也很慢 1. OpenAI发布推理新模型o3-pro，以推理能力最强、速度最慢为卖点，输入价格20美元/百 万tokens，输出80美元/百万tokens； 2. 在科学分析、写作、编程和数据分析领域，o3-pro比o3领先约14%，但在ARC-AGI-2测 试中几乎无提升，成本却大幅增加； 3. 用户测试显示o3-pro擅长复杂推理任务且环境感知能力强，但推理速度极慢，不适合简单 问题，主要面向专业用户。 https://mp.weixin.qq.com/s/xp_7KNVxYS7zLeBUOcWqNA 二、 Mistral首个开源强推理模型Magistral ，对比手快10倍 1. Mistral AI发布强推理模型Magistral，包括企业版Medium和开源版Small(24B参数)，在 AIME2024等多项测试中表现优异； 2. Magistral通过自主研发的可扩展强化学习流水线实现多语言保真推理，适用于英法西德意 阿俄中等语言； 3. 利用Flash Answers技术，Magistral Medium实现比竞品快10倍 ...

Group 1: Starbucks Developments - Starbucks CEO Brian Niccol announced the exploration of selling a partial stake in its China business to attract external investors and revive growth, with significant interest from various investors [1] - The company plans to increase its store count in China from 8,000 to 20,000, indicating strong potential for growth in the coffee market [1] - Starbucks China has reduced the average price of various iced and tea drinks by 5 yuan to enhance competitiveness in the rapidly growing non-coffee beverage market [1] Group 2: Technological Innovations - Starbucks introduced its first generative AI-driven assistant, Green Dot Assist, designed to help baristas resolve issues in real-time, enhancing operational efficiency [2] - The AI tool is currently being tested in 35 stores, with plans for further rollout [2] Group 3: Industry Challenges and Responses - Honey Snow Ice City was reported for exceeding bacterial limits in frozen dessert samples, highlighting food safety concerns [3] - The Hong Kong Food and Environmental Hygiene Department has taken action against the store involved, emphasizing the importance of food safety compliance [3] Group 4: Franchise and Market Strategy - Honey Snow Ice City announced a new policy to optimize the layout for new franchise stores, restricting existing franchisees from opening in blank towns [4][5] - New franchise applicants are encouraged to consider multi-scenario store locations, such as tourist spots and transportation hubs [5] Group 5: Product Innovations - Kenyue Coffee has introduced a range of popular bubble coffee products, indicating a trend towards innovative beverage offerings [6] - Heytea launched a new bottled tea product, targeting health-conscious consumers with a blend of kale and cucumber [7] Group 6: Promotions and Customer Engagement - Costa Coffee is offering student discounts on select beverages during a promotional period, aiming to attract a younger demographic [8] Group 7: Corporate Governance Issues - Tianye Innovation, a supplier for new tea beverage ingredients, is facing investigation due to internal control issues and financial discrepancies, posing risks to its market standing [9] Group 8: Financial Support and Stability - Jiahe Foods announced a guarantee of 20 million yuan for its wholly-owned subsidiary, Jinmao Coffee, to support its business development, reflecting a commitment to stable growth [10]

Core Viewpoint - Bank of America maintains a "neutral" rating on Booking Holdings (BKNG.US) while raising the target price from $5,580 to $5,820, citing favorable international positioning and industry multiple expansion [1] Group 1: Global Presence and Growth - Booking's global influence is highlighted, with 50% of room nights booked from Europe and 25% from Asia, indicating a diverse market reach [2] - Management expresses confidence in a long-term growth framework of 8% for bookings and revenue, alongside a 13%-17% growth in earnings per share, driven by above-average room night growth and new opportunities [2][4] - The company notes that U.S. room night bookings account for a low double-digit percentage of its global business, which helps mitigate pressures from specific travel corridors [2] Group 2: Investment and Profitability - Booking emphasizes opportunities for profit margin growth through productivity initiatives and marketing leverage while balancing growth investments of $170 million [3] - Key growth areas include advertising revenue, experience business, expansion in Asia through localized payments and brand marketing, and the development of generative AI capabilities [3] Group 3: Long-term Growth Outlook - Booking is optimistic about its long-term revenue growth, benefiting from normal growth in the accommodation market and a shift towards online bookings [4] - The company anticipates providing stable shareholder returns through stock buybacks and dividends, which may attract investors and reduce stock price volatility during economic downturns [4] Group 4: Focus on Generative AI - Generative AI is a key focus area for the company, aimed at modernizing technology infrastructure and enhancing internal efficiency, particularly in customer service [5] - Management is developing a travel-specific AI agent based on extensive customer data, with partnerships established with major tech providers like OpenAI and Microsoft [5] - The company is well-positioned with a stable international travel market and favorable foreign exchange trends, leading to an optimistic outlook for Q2 performance [5]

Group 1 - The London tech ecosystem has seen its value surge 8.8 times over the past decade, from $70 billion in 2014 to $621.5 billion in 2023, becoming a significant magnet for capital [1] - London Tech Week, initiated in 2014, has evolved into a key event for observing global tech capital flows and future industry landscapes, featuring over 650 sessions and attracting more than 30,000 attendees from 128 countries [1] - The event's agenda focuses on pressing topics such as generative AI, quantum computing, digital infrastructure, tech regulation, and green technology [1] Group 2 - A prominent feature of London Tech Week was a red, fully electric double-decker bus manufactured by Chinese company BYD, symbolizing London's commitment to sustainability and openness to non-Western technology solutions [2][4] - Laura Citron, CEO of London & Partners, highlighted the importance of storytelling for Chinese companies entering the European market, emphasizing the need for authentic narratives about founders and company culture [5][7] Group 3 - Citron noted that a clear founder story is crucial for brand establishment in Europe, as it connects consumers to the mission behind the company [8] - Employee culture stories are equally important, as they help attract talent in a competitive job market [9] - The emotional aspect of branding is vital, as consumers often seek products that resonate with their identity and aspirations [13] Group 4 - Citron emphasized the significance of transparent communication regarding sustainability efforts for companies entering the UK market, warning against "greenwashing" [14][15] - The red double-decker bus was chosen as a symbol of London's identity and a representation of the city's commitment to climate change and electrification [16] Group 5 - Chinese companies are recognized for their advanced capabilities in green technology, particularly in electric vehicles, batteries, and renewable energy [17] - Opportunities exist for collaboration between Chinese firms and London universities in various fields, including sustainable food development [19] Group 6 - Citron expressed that "Made in China" is increasingly associated with high technology and competitive pricing in the UK market [20] - The current global trade environment presents the UK as a stable and predictable option for Chinese tech companies looking to expand [21][22] Group 7 - The London Growth Plan, a ten-year economic strategy, prioritizes climate sustainability and innovation, with green technology as a key focus area [23] - Citron highlighted the potential for collaboration between leading London universities and Chinese tech companies, particularly in the realm of cutting-edge research and innovation [23] Group 8 - The highlight of this year's London Tech Week was the presence of top AI company founders and discussions on AI infrastructure, providing significant learning opportunities [24] - Frequent exchanges between London and China are ongoing, with plans for further visits and participation in international events [25]