Core Viewpoint - The quantum computing market is projected to reach $205 billion within the next 10 years, with recommendations for investors to buy stocks of IonQ, Rigetti, and D-Wave despite current unstable revenues [1][6]. Market Potential - The total revenue for IonQ, Rigetti, and D-Wave is expected to be only $140 million this year, while their market capitalizations are significantly higher, with D-Wave and Rigetti exceeding $8 billion and IonQ over $17 billion [2][8]. - The quantum computing market could reach $50 billion in revenue by 2030, representing 36% of the projected $150 billion market potential at that time [2][8]. - By 2040, quantum computing companies may capture 16% of the overall computing market opportunities [2][8]. Company Analysis - IonQ is considered a leader in the industry due to its lower error rates and longer coherence times, with a target price of $90, indicating a potential upside of 74% from its recent closing price [3][9]. - Rigetti has a target price of $50, suggesting a 91% upside from its recent closing price, with potential to achieve significant scalability through its quantum bit targets [4][10]. - D-Wave is recognized as the undisputed leader in quantum annealing technology, with a target price of $46, indicating a potential upside of approximately 71% [4][10]. Technological Impact - Quantum computing is expected to bring a significant transformation to high-performance computing, potentially achieving performance improvements over classical computing by more than 10,000 times [5][11]. - The technology is anticipated to address complex problems in fields such as cryptography and machine learning that current computers cannot solve [5][11].

Group 1 - The core point of the news is the enactment of the Digital Technology Industry Law in Vietnam, which will officially take effect on January 1, 2026, with some provisions effective from July 1, 2025, marking a strategic step towards establishing Vietnam as a global digital technology center [1] - The law introduces a series of breakthrough incentive policies and a talent development strategy for the high-quality digital technology industry, aiming to strengthen modern digital infrastructure and build a synchronized ecosystem [1] - It serves as an important institutional lever for promoting digital transformation and developing the digital economy, providing strong momentum for the implementation of the Central Committee's Resolution No. 57 on technology, innovation, and national digital transformation [1] Group 2 - Significant breakthroughs in land and corporate income tax are achieved, with 14 categories of key materials and 18 categories of core equipment required for the semiconductor industry receiving the highest level of policy support, including full exemption from land use fees and rents [1] - Companies engaged in electronic device production can benefit from a corporate income tax incentive of "four exemptions and nine reductions," allowing full exemption for the first four years and a 50% reduction for the following nine years [2] - The law allows for the import of second-hand equipment under specific conditions to minimize R&D costs and encourage innovation, including for special professional purposes and scientific research [2]

（文章来源：证券日报） 证券日报网12月11日讯陕西华达在12月9日至11日回答调研者提问时表示，公司持续关注连接器技术发 展的前沿方向，并在充分考虑产业协同效应和市场论证后，积极布局新兴领域，公司依托在连接器领域 的长期技术积累，已预研出适用于量子计算的射频传输系统及组件，目前正在积极跟进中。 ...

图片来源： Nu Quantum 英国初创公司 Nu Quantum 构建网络基础设施以连接和扩展量子计算机，该公司在英国最大的 A 轮融资之一中筹集了 6000 万美元，投资者押注这一前沿 技术的进展。 National Grid Plc 位于硅谷的风险投资部门 National Grid Partners 担任领投方，这家英国公用事业公司正探索将量子计算用于能源和电网优化。 Nu Quantum 在周三的声明中表示，风险投资公司 Morpheus Ventures 和 Gresham House Ventures 也加入了这轮超额认购的融资，该公司表示原目标融资额 为 4000 至 5000 万美元。 量子计算是一项新兴技术，有望大幅提升处理能力，尽管实际应用仍需数年时间，但正在吸引风险资本。投资者将其视为高性能计算的下一个前沿领域， 其基于根本不同的架构构建，可以比当今机器更快地处理数据。 创始人兼首席执行官 Carmen Palacios-Berraquero 在采访中表示，为处理单元和数据中心注入资金的人工智能热潮帮助 Nu Quantum 吸引了投资者。 " 他们 能够看到，计算硬件的进步确实可以 ...

近年来，一系列现象级创新产品的问世，让中国创新频频成为国际舆论场的焦点，悄然间改变着世人看 待中国的眼光。这一中国观的变化来之不易。近代中国积贫积弱，国家蒙辱、人民蒙难、文明蒙尘，以 至于世界对古老中华文明的认识也不免失真。其中，所谓中国"不懂创新"就是一种影响颇远的误读。 事实上，岁月长河始终闪耀着中华民族创新创造的熠熠光辉。5000多年文明发展进程中，中华民族为世 界贡献了大量科技创新成果，对人类文明进步影响深远。英国学者李约瑟在《中国科学技术史》中从A 到Z列举了中国古代传入欧洲等地的26项重要发明，表示"26个字母用完，但还有很多例子"，充分肯定 中国的创造精神。 循文化的根基才能辨识当今的中国。在国际社会普遍认为中国对世界未来影响将不断上升的今天，从文 明视角切入，形成一种更客观准确的中国观，尤具现实意义 近期，在一场关于《天工开物》的圆桌讨论会上，有学者将这部中国17世纪的工艺百科全书与人工智能 大模型DeepSeek联系起来，称其为"400年前的DeepSeek"。这一跨越时空的链接，为更好读懂今日中国 创新成势的文化土壤和历史滋养提供了启示。 "问渠那得清如许，为有源头活水来。"传承中华优秀传 ...

天眼查App显示，近日，上海旺链数能科技有限公司成立，法定代表人为郭玉仙，注册资本10万人民 币，经营范围为一般项目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；大数据 服务；数据处理服务；软件开发；人工智能行业应用系统集成服务；人工智能通用应用系统；集成电路 芯片设计及服务；数字技术服务；互联网数据服务；云计算装备技术服务；计算机系统服务；量子计算 技术服务；信息技术咨询服务；数据处理和存储支持服务；集成电路芯片及产品销售。（除依法须经批 准的项目外，凭营业执照依法自主开展经营活动）。 ...

【今日速览】 ①数字孪生+元宇宙+智慧社区+军工信息化！公司已在公安、气象、交通、健康与社区服务等垂直领 域，研发与具体业务场景深度结合的专用智能体；②人形机器人+eVTOL+大飞机+通用航空+商业航 天！公司获得人形机器人加工件定点采购协议；③燃料电池+氢能+航空航天+可控核聚变+量子计 算！公司为"华龙一号"核电站提供成套混凝土冷却系统。 【臻选回顾】 公告臻选12月1日提示《恒逸石化：控股股东及其一致行动人拟15亿元-25亿元增持公司股份》， 恒逸石化12月2日高开高走封死涨停直至收盘，12月3日再度上涨3%；公告臻选12月2日提示《稀 土永磁+钨钼+锂电+核聚变！公司光伏用细钨丝市场份额超80%》，厦门钨业12月3日逆市飘红， 12月5日、8日分别上涨1.77%、3.86%；公告臻选12月2日提示《主控芯片+高端封测+存储器 +AI，公司拟定增37亿元用于面向AI领域的高端存储器等项目》，江波龙12月8日大涨14.64%；12 月3日提示《多肽药+创新药+原料药+减肥药！公司产品通过药监局化妆品新原料备案》，圣诺生物 12月4日低开高走收涨3.55%；12月4日提示《显示驱动芯片+CMOS图像传感器+ ...

Core Insights - The latest National Security Strategy (NSS) report from the Trump administration notably omits any mention of cryptocurrencies and blockchain technology, contrasting sharply with previous pro-crypto statements from the President [1][4][11] - This silence has led to significant market reactions, including a drop in Bitcoin prices, indicating a negative sentiment in the crypto community regarding the lack of strategic endorsement from the highest levels of government [1][9] Policy Actions - The Trump administration had previously taken steps to create a favorable environment for cryptocurrencies, including signing executive orders to roll back strict regulations and promoting the first federal stablecoin regulation bill, the GENIUS Act [4] - A "Presidential Digital Asset Market Working Group" was established to coordinate regulatory efforts across departments, and an executive order was signed to prohibit the issuance of any form of Central Bank Digital Currency (CBDC) [4] - The administration announced the establishment of a "Bitcoin National Strategic Reserve," symbolizing a commitment to the cryptocurrency sector, although the assets were sourced from government seizures rather than new purchases [4] Strategic Focus - The NSS report emphasizes the importance of artificial intelligence (AI), biotechnology, and quantum computing as core national interests, while cryptocurrencies are relegated to a financial asset category rather than a strategic technology [5][6] - The report suggests that the administration views cryptocurrencies primarily as financial instruments rather than tools that could enhance national competitiveness [5][6] Market Reactions - Following the NSS release, Bitcoin's price fell below $90,000, driven by market fears regarding the implications of the report and its perceived negative signals about the future of cryptocurrency policy [9][10] - Analysts interpreted the NSS's call for NATO allies to increase defense spending from 2% to 5% of GDP as a potential driver of increased government borrowing, which could lead to higher inflation and prolonged high interest rates, further impacting the crypto market [9][10] Implications for the Crypto Industry - The omission of cryptocurrencies from the NSS may not be entirely negative; it could represent a form of "strategic ambiguity" that allows the crypto sector to evolve without stringent military-level scrutiny and regulation [10] - This "silence" may provide a buffer for the crypto industry, allowing it to continue its growth as a financial innovation rather than being entangled in geopolitical tensions [10][11] Conclusion - The NSS's lack of reference to cryptocurrencies highlights a disconnect between political rhetoric and actual strategic priorities, signaling that the crypto sector has not yet entered the core of U.S. national security considerations [11] - Investors are cautioned that reliance on political figures' promises may no longer suffice, as the fate of crypto assets increasingly aligns with broader macroeconomic trends and geopolitical developments [11]

任正非在座谈会上对人工智能的发展阶段进行了明确划分。他将二十年后到未来一千年归为"社会学家 和人类学家去研究的问题"。 在他看来，未来十到二十年属于"大预言家、大科学家心里构想未来的科技社会结构"。 近日，ICPC（国际大学生程序设计竞赛）官网公布了日前任正非与全球顶尖选手、教练的座谈会纪 要。在这场于华为技术有限公司（以下简称"华为"）上海练秋湖研发中心举行的对话中，任正非围绕AI 发展、算力趋势及青年成长等议题分享了自己的观点，明确了华为人工智能（AI）研究聚焦的时间范 围。他表示，没有网络的算力是信息孤岛，AI重在应用。 任正非认为，人工智能应聚焦未来三到五年的产业应用，推动工业、医疗等领域的实质性进步。同时， 他清晰阐述了华为在人工智能领域的务实定位："我们公司研究是着眼在未来三到五年，大模型、大数 据、大算力如何在工农业、科技产业上应用。" 首都企业改革与发展研究会理事肖旭对《证券日报》记者表示，练秋湖畔的讨论透露出一个明确信号， 华为的人工智能战略正从技术储备转向产业深水区，勾勒出AI赋能传统行业的现实图景。 战略聚焦 "网络+AI"双轮驱动 在任正非看来，夯实通信技术（CT）的基础性作用是当务之 ...

Group 1 - IBM is advancing one of its largest acquisition deals in history, aiming to accelerate its strategic transformation in the artificial intelligence (AI) sector, with negotiations to acquire data infrastructure company Confluent for approximately $11 billion [1][2] - The acquisition of Confluent, which has a market value of about $8 billion, would be nearly double the size of IBM's previous acquisition of HashiCorp for $6.4 billion, highlighting IBM's aggressive push into the rapidly growing cloud and AI markets [2] - Confluent's technology focuses on real-time data stream management, essential for operating large AI models, as demand for real-time data processing capabilities is exponentially increasing with the acceleration of AI application deployment by enterprises [2][3] Group 2 - IBM is undergoing a significant restructuring, including plans to lay off thousands of employees by the end of the year, in line with other tech companies, to reposition its business for the AI era [1][2] - The company's strategy reflects a typical transformation path in the tech industry during the AI era: optimizing internal operations through AI technology, reducing traditional roles, and rapidly acquiring key technological capabilities through external mergers and acquisitions [2] - The tech sector has become one of the most active industries for mergers and acquisitions this year, with notable deals including Alphabet's $32 billion acquisition of Wiz and Palo Alto Networks' $25 billion acquisition of CyberArk [3]