Intel Corp's (NASDAQ:INTC) long-promised comeback is finally taking silicon shape. The chipmaker just unveiled its Panther Lake architecture — the first AI PC platform built on its cutting-edge 18A node — and will begin high-volume production at its new Arizona fab later this year. CEO Pat Gelsinger is framing it as a turning point in U.S. chipmaking leadership, betting that "AI PCs" will ignite a fresh wave of demand and restore Intel's innovation edge.Track INTC stock here.A Made-In-America Bid To Regain ...

Group 1 - The partnership between Intel and Nvidia was developed quietly without collaboration with the White House, which had recently invested in Intel [1][2] - The collaboration focuses on products for data centers and PCs, not on Intel's foundry business, and TSMC remains a key partner for Intel [2][6] - Nvidia's relationship with ARM is still intact, despite a recent sell-off in ARM shares, and the partnership is expected to enhance Intel's capabilities in the personal computer market, particularly for AI applications [3][4] Group 2 - Intel's advanced manufacturing process, specifically 14A, is still under development, and while yields are improving, Nvidia products will continue to be manufactured by TSMC [5][6] - The packaging of these products may occur at Intel, but the actual manufacturing will remain with TSMC, indicating ongoing challenges in Intel's advanced manufacturing processes [6]

Market Overview - US stock market paused its upward trend ahead of CPI data release, with S&P 500 down 0.25%, Dow Jones down 0.45%, and Nasdaq down 0.30% [1] - Tesla rose nearly 3%, while Micron gained over 4% and Intel over 3%. C3.ai dropped more than 25% after preliminary earnings announcement [1] - Nasdaq Golden Dragon China Index fell 0.29%, with notable declines in companies like WeRide and Li Auto, while DAQO New Energy and XPeng saw gains [1] Economic Policies - Trump signed an executive order extending the tariff truce with China for an additional 90 days [2] - The Ministry of Commerce released a joint statement regarding the US-China Stockholm trade talks, announcing a suspension of 24% tariffs starting August 12, 2025 [6] Semiconductor Industry - Micron raised its Q4 earnings forecast due to improved DRAM prices [3] - TrendForce reported a tightening supply of consumer-grade DRAM, with July DDR4 contract prices soaring by 60-85%, leading to a significant upward revision of Q3 contract prices by 85-90% [11][15] AI and Technology - AMD received US approval to export certain AI chips to China [4] - Apple is reportedly preparing to launch a new ultra-low-cost MacBook, priced between $599 and $699, to disrupt the laptop market [5][16] Robotics and Innovation - A domestic robotics company is developing the world's first pregnancy robot, which simulates the human gestation process [17] - A new programmable chromosome-level DNA editing technology has been developed, enhancing the ability to manipulate large DNA segments in plants and animals [18] Corporate Announcements - Various companies announced significant acquisitions and partnerships, including: - Guangku Technology plans to acquire 100% of Suzhou Anjie Xun Optoelectronics [21] - Wanchen Group intends to pay 1.379 billion yuan for a 49% stake in Nanjing Wanyou [21] - Zhishang Technology is set to issue shares and cash to acquire 99.8555% of Hengyang Data for 1.148 billion yuan [21]

Investment Rating - The report maintains a "Buy" rating for Wiwynn Corporation with a target price of TWD3,400, implying approximately 32.8% upside from the current price of TWD2,560 [4][21][22]. Core Insights - The report highlights stronger growth in ASIC servers compared to GPU servers, with expectations for continued momentum into the second half of 2025 [2][7]. - Major PC ODMs experienced a significant pull-in in notebook shipments in June 2025, with a 22% month-over-month increase and an 11% quarter-over-quarter rise, exceeding previous guidance [1][3]. - The overall outlook for notebook shipments in the second half of 2025 remains cautious due to unclear consumer demand, with a forecasted year-over-year growth of only 3% [3][4]. Summary by Sections ASIC Server Outlook - The demand for ASIC servers is expected to strengthen in the second half of 2025, particularly driven by AWS's Trainium 2 servers, with a forecast of sequential double-digit growth in rack shipments [2][4]. - The yield rate for GB200 server rack assembly is anticipated to improve from below 50% in the second quarter of 2025 to 60-70% in the second half of 2025 [2]. Notebook Market Analysis - The early pull-in of notebook shipments is largely completed, with a muted growth outlook for the second half of 2025 due to ongoing consumer demand uncertainty [3][4]. - The report estimates a 1% quarter-over-quarter increase in notebook shipments for the third quarter of 2025, which is below seasonal norms [3]. Stock Recommendations - Wiwynn is favored due to its strong revenue outlook supported by accelerating ASIC server shipments, with Oracle expected to contribute 7% to Wiwynn's revenue in 2025 [4][7]. - The report emphasizes the potential for additional upside from Oracle beyond 2025, driven by market share shifts and an expanding addressable market [4].