"中际旭创跌到580元了，是不是可以入手了。"2月3日，股民"春天的美丽"微信询问笔者，当时她觉得 机会来了，甚至有点抑制不住兴奋之情。 当日，市场明星"寒王"（寒武纪，688256）股价突然跳水，盘中一度跌至1063元，跌幅超过13%。"小 心它成为另一个寒武纪。"在听笔者之言后，"春天的美丽"最后没有买入中际旭创。 "哇，中际旭创跌到550元了。"2月4日，"春天的美丽"说，好在昨天没买，"逃过一劫"。当日，中际旭 创以570元低开，盘中一度跌至525元，以560元收盘，跌幅5.04%。 为何会这样？这些明星股基本面发生改变了吗？还是有其他原因？它们是否还有涨回来的机会？ 笔者以为，从基本面来看，这些明星股目前并没有变坏，而是没有超预期。比如寒武纪，其实2025年它 的业绩很亮眼，取得突破性发展：预计2025年营收为60亿-70亿元，归母净利润18.5亿-21.5亿元，首次 实现年度盈利。胜宏科技业绩也相当不错：2025年预计归属于上市公司股东的净利润41.6亿-45.6亿元， 同比增长260.35%-295%，而在2024年它的利润只有11.54亿元，可谓基本面优秀。 然而，无论寒武纪还是胜宏科技，虽然 ...

星标 ★ IPO日报 精彩文章第一时间推送 "中际旭创跌到580元了，是不是可以入手了。"2月3日，股民"春天的美丽"微信询问笔者，当时她觉得机会来了，甚至有点抑制不住兴奋之情。 当日，市场明星"寒王"（寒武纪，688256）股价突然跳水，盘中一度跌至1063元，跌幅超过13%。"小心它成为另一个寒武纪。"在听笔者之言 后，"春天的美丽"最后没有买入中际旭创。 和"春天的美丽"一样喜欢"易中天"（新易盛、中际旭创、天孚通信）这些光模块龙头的股民"小点"，最近也有点烦。她是胜宏科技的坚定持有 者，然而，自从买入胜宏后，"它不但抢走了我的钞票，还抢走了我的时间"。"小点"告诉笔者，她持有胜宏科技一个多月，每天睡眠时间都少 了，要早起看股票，可却没有取得预期的投资回报，现在又步入下跌通道，看不到止跌的样子。 "前两天网传英伟达CEO黄仁勋在中国台湾的饭局图片，胜宏科技董事长陈涛是唯一参加的A股上市公司董事长，还以为有点机会反弹一波。"结 果"小点"的期待再次落空。 最近以来，除了天孚通信股价表现稍好，无论是寒武纪，还是新易盛或者是中际旭创，这些前期大涨的市场明星，近期纷纷进入回调。2月5日， 截止笔者落笔之时，寒武 ...

Core Viewpoint - The technology sector is expected to rebound strongly after recent market fluctuations, particularly companies collaborating closely with Oracle, Nvidia, and Huawei [1] Group 1: Oracle - OpenAI has signed an agreement with Oracle to purchase $300 billion worth of computing power over approximately five years, leading to a 36% surge in Oracle's stock price, nearing a market cap of $1 trillion [3] - Oracle is collaborating with Shenzhou Information to launch the "登云数据库一体机," which integrates Oracle databases with Huawei's TaiShan servers [3] - Oracle is also working with Nanjing Information to develop a cross-border payment blockchain platform, achieving transaction processing speeds of 5,000 transactions per second [4] Group 2: Nvidia - Nvidia plans to launch a new product named Rubin CPX by the end of 2026, aimed at handling complex tasks such as video generation and software development, which is expected to further stimulate interest in technology stocks [3] - Nvidia's H20 GPU has been utilized to develop a financial risk control model, achieving a fraud detection accuracy of 99.7% and reducing inference latency to below 50ms [3] - The company is also collaborating with Nanjing Information to enhance customer satisfaction in intelligent customer service systems to 92% while reducing labor costs by 40% [4] Group 3: Huawei - Huawei is hosting the "Leap to Industry Intelligence" conference in Shanghai on September 18, focusing on advancements in industry intelligence [3] - The company has developed an "intelligent banking solution" that integrates with Huawei's Ascend 910B computing power, increasing transaction processing speed by four times compared to traditional solutions [3] - Huawei's partnership with Runhe Software involves the development of AI edge computing platforms, which have been deployed in smart grid and smart terminal applications [8] Group 4: Other Companies - Shenzhou Information is replacing IBM mainframes in projects for banks like China Postal Savings Bank and CITIC Bank as part of Huawei's distributed core banking system [4] - Ronglian Technology provides migration services from Oracle databases to Huawei's Gauss database for clients such as China Mobile and State Grid [6] - Guangdian Yuntong, a subsidiary of Nvidia, distributes Nvidia's DGX systems and GPUs, while also launching AI servers based on Kunpeng and Ascend processors for key industries [7]

8月A股市场呈现出科技板块及相关指数大涨，而多数股票表现平平的特征。当月上证综指上涨 7.97%，科创50指数大涨28%，深证成指上涨15.32%，创业板指大涨24.13%。 目前，A股增量资金入市较为平缓，市场仍主要由存量资金驱动。有限的资金难以推动所有板块同 时上涨，而科技板块既有广阔的想象空间，又是政策支持的方向，因此一些聪明资金就选择科技股作为 主攻方向。 但物极必反，当科技沦为炒作题材、毫无边际地吹起泡沫时，我们需要冷静思考：世界一流科技成 果是否真正涌现？尖端芯片、基础软件、核心算法等技术是否取得实质性突破？当前市场对科技股的过 度激励和错位激励，是否反而会削弱科研人员和技术攻关者长期投入的决心与专注？ 市场应是检验上市公司科技创新成果真实性、含金量的试金石。一家上市公司即便身处人工智能风 口，但盈利,寥寥无几，这或许说明其产品尚未得到市场的充分认可，谁又能确认其科技创新成果的先 进性呢？科技股过度炒作可能会带来诸多不良后果。一些没有内在价值支撑的科技股，泡沫破裂是必然 结局，最终一些投资者或将损失惨重，这有损市场公平。科技概念炒作让大量资金流入一些内在价值有 限的科技股，使得真正有潜力、亟待资金 ...