Group 1 - Major U.S. stock index futures are showing slight increases, with Dow futures up 0.14%, S&P 500 futures up 0.13%, and Nasdaq futures up 0.16% [1] - Chinese concept stocks are mixed in pre-market trading, with Alibaba down 2.31%, Pinduoduo down 1.34%, JD.com down 0.32%, Ctrip up 2.80%, Baidu down 2.57%, and Li Auto up 0.47% [1] - Stellantis shares rose 3.4% after reporting a 13% year-on-year increase in global deliveries to 1.3 million units in Q3, with North American deliveries up 35% to 403,000 units [1] Group 2 - Spot silver prices have risen nearly 4% to over $51 per ounce [2] - Google is tightening its remote work policy, which may impact employee work-from-anywhere allowances, leading to a 0.2% increase in its stock price [2] - Intel shares increased by 2.1% following the announcement of its first 1.8nm process chip, which boasts a 50% performance improvement at the same power level compared to its predecessor [2] Group 3 - Qualcomm is under investigation for allegedly violating antitrust laws related to its acquisition of Autotalks, resulting in a drop of over 3% in its stock price [2] - The U.S. is investigating 2.88 million Tesla vehicles equipped with "full self-driving" systems due to safety violation reports, causing Tesla's stock to decline by 0.3% [3] Group 4 - Bernstein has lowered its target price for Ferrari from $554 to $475 [4]

Core Viewpoint - Qualcomm's acquisition of Autotalks is under investigation by China's market regulatory authority for failing to legally declare the concentration of operators, potentially violating the Anti-Monopoly Law of the People's Republic of China [2][3]. Group 1: Acquisition Details - Qualcomm announced the acquisition of Autotalks on May 8, 2023, but did not disclose the transaction price at that time [2]. - The acquisition raised concerns among multiple countries' antitrust regulatory bodies, leading to a temporary halt due to regulatory delays [2]. - The UK's Competition and Markets Authority (CMA) is investigating whether the acquisition would harm competition in the UK market [2]. Group 2: Regulatory Framework - According to the State Council's regulations on the declaration standards for operator concentration, companies must declare if their combined global revenue exceeds 12 billion RMB, with at least two companies having revenue over 800 million RMB in China [4]. - If the combined revenue in China exceeds 4 billion RMB, with at least two companies having revenue over 800 million RMB, a declaration is also required [4]. Group 3: Potential Implications - The State Council's antitrust enforcement agency can require a declaration even if the concentration does not meet the specified standards if there is evidence of potential anti-competitive effects [5]. - If the concentration is found to have anti-competitive effects, penalties may include a fine of up to 10% of the previous year's sales or less than 5 million RMB if no such effects are found [5]. - Experts suggest that if Qualcomm exclusively acquires Autotalks' V2X technology, it could negatively impact the related technology market and the smart automotive chip market [5].

Core Points - Qualcomm's acquisition of Autotalks has not been reported in accordance with the law, leading to a violation of the Anti-Monopoly Law of the People's Republic of China [2] - The State Administration for Market Regulation has initiated an investigation into Qualcomm for this alleged violation [2]

（文章来源：上海证券报） 高通公司涉嫌违反反垄断法市场监管总局依法决定立案调查 因高通公司收购Autotalks公司未依法申报经营者集中，涉嫌违反《中华人民共和国反垄断法》，市场监管总局依法对高通公司开展立案调查。 来源：市场监管总局官网 ...

Core Viewpoint - Qualcomm is under investigation by China's market regulatory authority for failing to legally declare its acquisition of Autotalks, potentially violating the Anti-Monopoly Law of the People's Republic of China [3]. Group 1: Company Actions - Qualcomm's stock price dropped approximately 3% in pre-market trading following the news of the investigation [4]. - In June, Qualcomm announced the completion of its acquisition of the Israeli startup Autotalks, marking the second attempt at this transaction after the first was halted due to U.S. regulatory issues [5]. - The acquisition price for Autotalks was reported to be between $80 million and $90 million, significantly lower than the previously reported $350 million [5]. Group 2: Investment and Technology - Over the past 17 years, Qualcomm has invested a total of $110 million in Autotalks, which is a leader in direct V2X communication solutions [6]. - V2X technology is becoming increasingly critical for enhancing road safety and traffic efficiency by enabling communication between vehicles and their surrounding environment [6]. - Qualcomm describes the acquisition as a strategic move to advance its V2X roadmap and global deployment efforts, providing a comprehensive, mass-producible, and vehicle-certified global V2X solution for automotive manufacturers and the broader ecosystem [6].

市场监管总局依法对高通公司开展立案调查 10月10日，据国家市场监督管理总局官网消息，因高通公司收购Autotalks公司未依法申报经营者集中，涉嫌违反《中华人民共和国反垄断法》，市场监管总 局依法对高通公司开展立案调查。 尽管双方达成了初步收购协议，但交易推进过程并不顺利。这笔交易由于涉及汽车通信安全、无线频谱使用及产业标准竞争等敏感领域，在过去几年先后受 到欧盟、英国、美国等多个监管机构的重点关注。 高通曾在2024年宣布终止收购计划，但经过约一年的谈判与方案调整，又在今年6月宣布重新完成交易，Autotalks团队正式并入高通汽车业务部门。有消息 称，高通最终以8000万至9000万美元完成了收购，远低于最初传闻的3.5亿至4亿美元。 高通并未上述调查做出回应。但受消息影响，高通美股盘前走低，截至发稿前跌近3% Autotalks是一家成立于2008年的无晶圆厂半导体公司，主营业务方向为V2X通信产品，曾率先推出全球首款专用V2X芯片组，产品支持所有主要的全球通信 标准，包括DSRC和C-V2X（涵盖LTE-V2X和5G-V2X）。 2023年5月，高通对外宣布拟收购Autotalks，计划将V2X技术 ...

编辑丨赵方婷 欢迎分享给你的朋友！ 出品 | 中国能源报（c n e n e rg y） 因高通公司收购Au t o t a l k s公司未依法申报经营者集中，涉嫌违反《中华人民共和国反垄 断法》，市场监管总局依法对高通公司开展立案调查。 来源：人民日报客户端 End ...

Group 1 - Qualcomm is under investigation by the State Administration for Market Regulation for allegedly violating the Anti-Monopoly Law of the People's Republic of China due to its acquisition of Autotalks without proper notification [1][4] - Following the news, Qualcomm's stock price experienced a significant drop, falling over 3% in pre-market trading [2][4] - The stock opened at 167.610 and closed the previous day at 167.770, reflecting a decrease of 1.26% [4] Group 2 - The total market capitalization of Qualcomm is reported to be 1787.47 billion [4] - The stock's price reached a low of 160.250 in pre-market trading, indicating a decline of 3.27% [4] - The trading volume was recorded at 4.69 thousand shares [4]

Core Viewpoint - Qualcomm is under investigation by the State Administration for Market Regulation for allegedly failing to legally declare its acquisition of Autotalks, which may violate the Anti-Monopoly Law of the People's Republic of China [1]. Group 1 - Qualcomm's stock price dropped over 3% in pre-market trading following the news of the investigation [4].

是说芯语原创，欢迎关注分享 据报道，高通于2025年6月完成对Autotalks公司的收购，Autotalks是一家专注车联网V2X通信技术的企业。这并非高通首次触及反垄断红线，2015年 其曾因滥用市场支配地位被处罚60.88亿元。 加入"中国IC独角兽联盟"，请点击进入 2025年10月10日，市场监管总局发布消息称，因高通公司收购Autotalks公司未依法申报经营者集中，涉嫌违反《中华人民共和国反垄断法》，依法 对高通公司开展立案调查。 ...