继5月稍早陪同美国总统特朗普前往中东宣布大单之后，后续还将宣布许多决定。 英伟达CEO黄仁勋：我下周将前往欧洲。 所有国家都需要主权AI，我保证将让供应链保持繁忙状态。 ...

Key Insights - The report highlights a significant increase in China's inverter exports in April 2025, with an export value of 5.82 billion, representing a month-on-month growth of 28.0% and a quantity of 4.5292 million units, up 21.4% from the previous month [3] - The average export price of inverters rose to 1,284 yuan per unit, marking a month-on-month increase of 5.5% [3] - The demand growth is attributed to the onset of the summer peak season for household storage and accelerated overseas large-scale storage construction [3] - The report emphasizes the long-term drivers of demand, including power outages, rising electricity prices, and significant growth in wind and solar installations, indicating a shift in inverter demand towards emerging markets [3] - The report recommends companies such as Deye Technology, Sungrow Power Supply, and Sunshine Power for their potential in the inverter market [3] Industry Overview - The macroeconomic context suggests that the Chinese yuan may have upward momentum against the US dollar, driven by structural rebalancing in global asset allocation and diminishing depreciation expectations for the yuan [2] - The report notes that the US has adjusted tariffs on imports, which has implications for global trade dynamics and may affect the competitiveness of Chinese exports [2] - The report also discusses the ongoing trends in the logistics and e-commerce sectors, highlighting a continued focus on price competition and volume growth in the express delivery market, with a year-on-year increase in express delivery volume of 19.1% in April [7] - In the consumer electronics sector, the report indicates strong sales growth for robotic vacuum cleaners and floor washers, driven by promotional activities and consumer demand, with sales volume for robotic vacuum cleaners increasing by 74.49% year-on-year in April [8]

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容来自 digitimes ，谢谢 。 半导体已成「国安战略物资」，主权AI日益重要，各国激烈竞逐。遭美国等大国锁定的台积电， 近期已确立在台湾、美国、日本和德国的未来扩产蓝图。然据供应链透露，至今欲与台积合作的国 家仍多，包括印度、新加坡与中东的卡达，然而，台积电已经婉拒这三个国家的设厂邀约。 对台积电而言，台湾是最完美的生产据点，海外建厂是逼不得已的决定，最终选择美、日、德，主 要还是大国压力巨大，以及考量这三个国家在设备、材料与IC设计等半导体产业链中拥有领先实 力，且在分身乏术与全球产能调配必须控制，避免供过于求下，因此婉拒其他国家邀约。 据供应链业者透露，中东多国可说是诚意满满，只要台积愿意前往设厂，「钱不是问题」。 但对台积来说，除了国安与复杂政治问题外，中东在半导体领域部署几乎是零，台积电为了美国、 日本与德国扩产，台湾团队与供应链已全员出动，目前人力缺口仍相当大，已无法再筹建一支团 队，助力他国建置半导体聚落与长期营运。 关键更在于，中东国家期望的是先进制程产能，而非成熟制程技术。 不过近期随着中东国家对于AI、半导体产业发展企图心强劲，台积电 ...

这些海湾国家计划构建庞大的人工智能基础设施，成为英伟达芯片的重要买家。 这类"主权AI"交易构成了英伟达多元化客户战略的关键部分。公司高管表示，已有多个国家政府接触英伟达，希望为类似的主权AI项目采购其芯片。 CEO黄仁勋本周访问海湾地区，展示了公司希望在全球范围内复制的战略模式。 英伟达正大力推进多元化发展战略，寻求摆脱对微软、亚马逊和谷歌等科技巨头的依赖。 通过与沙特、阿联酋等国家建立"主权AI"合作关系，以及扶持CoreWeave等"新云"平台，这家芯片巨头试图在科技巨头之外建立新的收入来源。 全球拓展：英伟达的"主权AI"战略 英伟达本周与沙特阿拉伯的Humain达成了数十亿美元的芯片交易，同时阿联酋宣布与美国政府协调在阿布扎比建设全球最大数据中心之一。 英伟达近期还与思科、戴尔和惠普等供应商建立了联盟，以帮助向企业客户销售产品。这些企业管理自己的IT基础设施，而不是外包给云服务商。 黄仁勋在今年3月表示："比起一年前，我现在更加确信（大型云服务提供商之外的业务机会）。" 在今年的GTC大会上，英伟达推出Rubin芯片时，CoreWeave和思科等合作伙伴比传统的科技巨头更加突出。黄仁勋预测"每个行业 ...

Investment Rating - The industry investment rating is "Positive" [2] Core Viewpoints - The report highlights that the semiconductor sector has shown a year-to-date increase of 1.47%, while other electronic segments have experienced declines, with consumer electronics down by 8.20% [2][8] - A significant agreement has been reached between the US and Saudi Arabia, where Saudi Arabia will invest $600 billion in AI chip technology, with companies like NVIDIA, AMD, and Qualcomm collaborating to enhance AI infrastructure in the region [2][26] - The report predicts that by 2030, the operational digital center capacity in the Middle East could exceed 6GW, indicating substantial growth potential in AI infrastructure investments [2][27] Summary by Relevant Sections Market Performance - The report notes mixed performance in the electronic sector, with specific year-to-date changes: Semiconductors (+1.47%), Other Electronics II (-4.06%), Components (-1.69%), Optical Electronics (-5.49%), Consumer Electronics (-8.20%), and Electronic Chemicals II (+3.50%) [2][8] - In the past week, notable stock performances included Apple (+6.41%), Tesla (+17.34%), and NVIDIA (+16.07%) [2][11] AI Chip Agreements - The US has signed a major deal with Saudi Arabia for AI chip supply, with NVIDIA providing 18,000 Blackwell chips for a data center with a total capacity of 500 megawatts [2][30] - AMD has committed to a $10 billion investment over five years to deploy 500 megawatts of AI computing power in collaboration with HUMAIN [2][30] - Qualcomm is re-entering the data center CPU market, planning to develop advanced AI data centers in Saudi Arabia [2][30] Investment Opportunities - The report suggests focusing on companies involved in computing power chains such as Industrial Fulian, Shenzhen South Circuit, and others, as well as domestic computing firms like Cambricon and Haiguang Information [2][27]

Core Strategy - Nvidia is actively pursuing a diversification strategy to reduce its reliance on major tech giants like Microsoft, Amazon, and Google [1][5] - The company is establishing "sovereign AI" partnerships with countries such as Saudi Arabia and the UAE, aiming to create new revenue streams outside of traditional tech clients [1][2] Sovereign AI Initiatives - Nvidia has secured a multi-billion dollar chip deal with Saudi Arabia's Humain and is collaborating with the UAE to build one of the largest data centers globally [2] - These sovereign AI projects are a crucial part of Nvidia's strategy to diversify its customer base, with multiple governments expressing interest in procuring chips for similar initiatives [2] Support for New Cloud Platforms - Nvidia is supporting emerging cloud platforms like CoreWeave, Nebius, Crusoe, and Lambda, positioning them as competitors to established giants like AWS, Azure, and Google Cloud [3] - These new cloud partners gain priority access to Nvidia's internal resources, including consulting teams for data center optimization [3] Market Outlook - Nvidia's CEO Jensen Huang expressed increased confidence in business opportunities beyond major cloud service providers, predicting that every industry will have its own "AI factory" [4] - This shift represents potential sales opportunities worth hundreds of billions of dollars [4] Competitive Landscape - Despite its diversification efforts, Nvidia's recent regulatory filings indicate continued reliance on a limited number of clients, primarily large tech companies [5] - These tech giants are developing their own AI chips, posing a challenge to Nvidia's market dominance, particularly with Amazon entering the AI training space [5]

金十数据5月18日讯，英伟达(NVDA.O)正寻求减少对大型科技公司的依赖，方法是达成新的合作伙伴 关系，将其人工智能芯片出售给民族国家、企业集团以及微软、亚马逊和谷歌等集团的挑战者。本周， 这家美国芯片巨头宣布与沙特的Humain达成数十亿美元的美国芯片协议，而阿联酋宣布计划与美国政 府协调建设世界上最大的数据中心之一。这些"主权AI"交易是英伟达吸引硅谷以外客户战略的重要组成 部分。英伟达高管、业内人士和分析师表示，这家市值3.2万亿美元的芯片制造商打算在超级规模企业 之外拓展业务。英伟达表示，大型云计算集团占其数据中心收入的一半以上。这家美国公司正在努力支 持亚马逊网络服务、微软Azure和谷歌云的潜在竞争对手。这包括使"云计算新势力"（neoclouds），如 CoreWeave，Nebius，Crusoe和Lambda，成为其不断增长的"英伟达云合作伙伴"网络的一部分。 英伟达寻求拓展大型科技公司之外的业务 ...

图片来源： a16z Z Highlights ： Jensen Huang 是全球 AI 算力龙头 NVIDIA 的创始人兼 CEO ， Arthur Mensch 是生成式 AI 独角兽公 司 Mistral 的联合创始人兼 CEO ，两位 AI 领域的专家共同讨论主权 AI ，国家 AI 战略、开源协作等 话题，本文为此次访谈实录。 主权 AI 的战略价值与国家主导权：文化承载与数字主权之争 Host: 今天我们要讨论的是主权 AI 、国家基础设施以及开源的话题。让我们先从各国领导人最常问 的问题开始， AI 是否真的是一种通用技术？在人类历史上，我们可能只经历过少数几种被经济学家 称为 " 通用技术 " 的领域，这些技术能广泛加速整个社会的经济进步，例如电力和印刷术。现在所有 人都在问的问题是， AI 是否应该以同样的方式看待？或者说，为什么 AI 不能仅仅是另一种重要但 本质上局限的技术？ AI 是一种通用技术，它允许构建代表你行事的 Agents ，它可以应用于任何垂直行业。它可以用于 服务业、公共服务、改变公民的生活，也可以用于农业、用于国防用途。 因此，它涵盖了国家需 要关注的所有领域。 但这 ...

作者：MD 出品：明亮公司 近日，知名VC A16Z的合伙人Anjney Midha与英伟达创始人兼CEO黄仁勋、Mistral联合创始人兼 CEO Arthur Mensch在其播客节目中讨论了主权人工智能、国家人工智能战略，以及为什么每个国家 都必须掌自己的数字智能等话题，其中着重 讨论了当AI日渐成为新一代国家基础设施的之际，国家 如何部署AI、应对AI竞争。 Mistral是一家法国的AI公司，创立于2023年，专注于开发开源大模 型， Arthur Mensch此前曾就职于DeepMind。A16Z和英伟达均是 Mistral的投资方， Mistral上一轮 融资后估值约为62亿美元。 在访谈中，两位创始人也探讨了关于开源和闭源模型与安全之间的关系，二人均认为 ，国家限制输 出模型，并不能意味着就会变得更"安全" ，反而开源模型的飞轮效应能够加速AI进程，从而使"闭关 锁国"背景下的模型面临很高的被淘汰风险。 此外，二人还对AI通用性与专用性之间关系进行了讨论，他们均认同AI是一种通用技术，但同时也 是一种专用型技术，在国家层面，需要更好地适应国情、文化和社会习惯等因素，因此，对于国家而 言， "亲 ...

Core Viewpoint - Lu Xi Technology aims to challenge the dominance of the Transformer architecture in AI by developing a brain-like computing ecosystem, introducing the NLM model that significantly reduces energy consumption while enhancing inference efficiency [2][3][4]. Group 1: Company Overview - Lu Xi Technology was founded in 2023 by two women born in the 1990s, marking it as the first domestic company focused on brain-like computing [2]. - The NLM model, launched in 2024, is the first domestically developed large model using a non-Transformer architecture based on brain-like technology [2][12]. - The company has received approval from the National Internet Information Office for its generative AI services and deep synthesis algorithm services [2][12]. Group 2: Technology and Innovation - The NLM model boasts a reduction in energy consumption by over 80% while improving inference efficiency several times compared to traditional models [12][13]. - Lu Xi Technology's brain-like architecture mimics the human brain's neural structure, allowing for efficient computation and storage by activating only relevant neurons [4][12]. - The company is developing a range of products based on the NEURARK brain-like architecture, including foundational models and industry-specific models, to meet diverse market needs [12][15]. Group 3: Market Position and Strategy - Lu Xi Technology aims to break the dependency on NVIDIA chips by developing its own FPGA and ASIC chips tailored for large models [10][12]. - The company collaborates with various state-owned enterprises and industry leaders to deploy its models across multiple sectors, including healthcare and disaster management [15]. - The company is targeting a significant increase in model parameter scale, aiming to reach 600 billion parameters by 2025, which would bring it closer to the complexity of the human brain [16].