美联储施密德：关税对经济增长和就业的拖累程度尚不明确。关税推动的价格上涨幅度在一段时间内才 会完全显现。 ...

Core Insights - The Federal Reserve Governor, Christopher Waller, indicates that a surge in imports expected in the coming months will reverse, signaling a potential for larger price increases [1] - Core services inflation remains above pre-pandemic levels, suggesting persistent inflationary pressures in this sector [1] - Improvement in core goods inflation has shown signs of reversal, indicating challenges in controlling inflation in this category [1]

国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 6月5日消息，据报道， 台积电1.6nm制程价格可能高达4.5万美元，又涨了多达50％！ 后边是全新的台积电A14 1.4nm级，升级第二代GAAFET全环绕纳米片晶体管，以及新的标准单元架构 NanoFlex Pro，对比N2性能提升10-15％、功耗降低25-30％、晶体管密度提升23％，计划2028年上半年 量产，成本必然再次大幅上扬。 除了成本贵，芯片首次流片定案的成功率也越来越低，目前只有14％，比两年前跌了10个百分点。 据悉，代工厂的晶圆报价取决于多重因素，尤其是前期研发投入、产能规模等，不同客户的待遇也不一 样。 比如苹果，一直是台积电的座上宾，据信能拿到更低的价格，AMD、NVIDIA、Intel、高通等客户则要 看相应的产能(越大越低)，因此这里说的只是一个粗略数字。 从历史来看，晶圆越来越贵的趋势是显然的。2004年的90nm，那时候一块晶圆只需2000美元，随后一 路水涨船高，N7 7nm已经突破1万美元，N5 5nm高达1.6万美元，N3 3nm则接近或达到了2万美元。 台 ...

Core Viewpoint - New York gold futures have risen to $3,420 per ounce, marking a daily increase of 0.61% [1] Group 1 - The price of gold has reached a significant level, indicating strong market interest and potential investment opportunities [1] - The daily increase of 0.61% suggests a positive trend in the gold market, which may attract more investors [1]

纽约期银向上触及36美元/盎司，日内涨3.90%。 ...

金十数据6月5日讯，现货白银站上35美元/盎司关口，为2012年10月以来首次，今年迄今涨逾21%。 现货白银站上35美元关口 ...

Group 1 - The core point of the article is that spot palladium has increased by 2% in a single day, currently priced at $1012.05 per ounce [1]

Core Insights - TrendForce's latest survey indicates that the prices of Server and PC DDR4 modules are expected to rise in Q2 due to major DRAM suppliers reducing production and buyers stockpiling in advance, with price increases projected to exceed previous expectations [1][4]. Price Forecast - For Q2 2025, PC DDR4 prices are expected to increase by 13-18%, while Server DDR4 prices are projected to rise by 18-23%. In Q3 2025, PC DDR4 prices are forecasted to increase by 18-23%, and Server DDR4 prices are expected to rise by 8-13% [2]. Market Dynamics - The lifecycle of DDR4 has surpassed 10 years, with demand gradually shifting towards DDR5. Major suppliers plan to cease DDR4 production by early 2026, focusing on higher-margin products like HBM and DDR5. However, DDR4 will continue to be supplied for consumer DRAM due to ongoing demand [4]. Demand Drivers - The demand for General Server construction from cloud service providers (CSPs) remains robust, with increased storage server demand driven by AI applications. CSPs are also stockpiling in response to suppliers' end-of-life strategies, leading to an upward revision of Server DDR4 price increases from an initial estimate of 5-10% to 18-23% [4][5]. Supply Chain Adjustments - Recent international developments have prompted PC OEMs to request ODMs to increase production and expedite shipments to the U.S. market to mitigate uncertainties. The tightening supply-demand balance for Server DDR4 has led to a price increase for PC DDR4 due to supply constraints [5]. Future Outlook - The pricing trend for DDR4 contracts in Q3 will be influenced by supplier production strategies and tariff policies. There is potential for price increases to exceed expectations due to anticipated stockpiling demands as suppliers reduce output [5].

Core Viewpoint - The demand for Server and PC DDR4 modules is increasing, leading to a significant rise in contract prices for the second quarter of 2025, with expectations of higher growth than previously anticipated [1] Group 1: Price Increase - The price increase for Server DDR4 modules is projected to be between 18% to 23% quarter-over-quarter [1] - The price increase for PC DDR4 modules is expected to be between 13% to 18% quarter-over-quarter [1] Group 2: Market Factors - Major DRAM suppliers are gradually reducing the output of Server and PC DDR4 modules [1] - Buyers are actively stockpiling in anticipation of rising prices, contributing to the demand surge [1]

FICC日报 | 2025-06-05 马士基下半月报价相对较高，7月份仍存涨价预期 市场分析 线上报价方面。 Gemini Cooperation：马士基上海-鹿特丹24周价格开出1260/2100，目前已经涨至1424/2397，上海-伦敦门户港25 周价格开出为1680/2800；HPL 6月份上半月船期报价1635/2535，6月下半月船期报价2235/3535，7月上半月船期报 价2635/4335。 MSC+Premier Alliance：MSC 上海-鹿特丹6月上半月船期报价1580/2640；ONE上海-鹿特丹 6月份上半月船期报 价2381/2437，6月下半月船期报价2831/2937；HMM上海-鹿特丹6月上半月船期报价1467/2504。 Ocean Alliance：COSCO上海-鹿特丹 6月上半月船期报价2125/3225，6月下半月船期报价2625/4225；CMA上海- 鹿特丹 6月上半月船期报价1510/2595，6月下半月船期报价2335/4245，CMA上海-安特卫普7月份报价挂出 2785/5145；EMC 6月上半月船期报价2305/3260，6月下半月船期报价2 ...