9月17日消息，量子计算公司IonQ CEO Niccolòde Masi 近日在接受彭博社采访时表示，该公司计划在2027年推出 搭载10,000个qubit（量子比特）的量子计算芯片，届时将彻底"淘汰"英伟达（NVIDIA）的Blackwell 构架GPU。 他强调，即便传统GPU 拥有"整个宇宙的时间"来计算，仍无法触及量子计算机可解决的问题规模。 Niccolòde Masi 指出，IonQ通过收购英国Oxford Ionics已加速了其技术进程，预计2027年前就能把IonQ的量子处理 器扩展到上万qubit等级。他认为，随着量子逻辑栅极的成熟与误差修正机制的突破，传统架构的GPU在某些关键 应用（化学模拟、密码学、最佳化）将显得过时。 编辑：芯智讯-浪客剑 2020 年和 2021 年，IonQ 构建了更多代高性能量子硬件，将Google Cloud Marketplace添加到我们的云合作伙伴名 单中，并宣布与领先的学术和商业机构建立一系列合作和业务伙伴关系。 2021年10月1日，IonQ以IONQ股票代码在纽约证券交易所上市，成为全球首家上市的纯量子计算公司。 与目前的AI GPU相比，量子 ...

通过战略收购和合作推进量子网络发展，同时应对量子安全通信扩展中的技术挑战 智通财经APP获悉，摩根大通近日发布研报回顾了量子科技公司IonQ(IONQ.US)于9月12日举办的分析 师日，称管理层展示了该公司在量子计算领域日益增长的领导地位，并提出了一项扩大技术和全球影响 力的明确战略。 小摩指出，计算能力及相关电力需求的不断增长，是该行所覆盖的硬件和网络公司的重要增长驱动力， 但同时也意味着约束，这些约束很可能会推动数据中心逐步采用混合架构，在其中，量子处理单元 (QPU)、图形处理单元(GPU)和中央处理单元(CPU)将各自承担专门的应用场景。小摩认为，IonQ的分析 师日活动反映出这一更广泛的行业转变。该公司的团队专注于改进错误率和增加量子比特数量，从而使 性能相较于其他量子路径实现高达20倍的提升。管理层认为，这凸显了IonQ差异化的架构和长期潜 力。 为了构建端到端的量子计算和网络解决方案，IonQ已进行一系列战略收购，包括ID Quantique、 Lightsynq、Capella和Oxford Ionics，从而强化了在量子基础设施和网络方面的能力，同时通过与日本 AIST和G-QuAT、韩国 ...

在特朗普对英国进行国事访问之际，微软、英伟达、谷歌、Salesforce等科技巨头官宣加码英国投资。 9月16日，英国科学创新与技术部在一份声明中表示，英国与美国达成一项里程碑式的"科技繁荣协议"。未来美国科技巨头将在英国为人工智能 系统、量子计算计划和其他科技项目投入超过310亿英镑（423亿美元）。 微软将在英国投资300亿美元 微软周二表示，计划在2025年至2028年间在英国投资300亿美元，其中包括155亿美元的额外资本投入和151亿美元的本地运营投资。这是该公司 在英国最大的财务承诺。 微软称，这笔投资将推动其建设英国"最大规模的超级计算机"，该项目将配置超过2.3万块先进GPU芯片，并与英国云计算公司Nscale合作完成。 微软总裁布拉德·史密斯在周二的电话会议中表示，他对英国的态度近年来有所转变。他曾在2023年批评英国监管机构试图阻止微软以690亿美元 收购动视暴雪。该交易后来获得英国竞争监管机构的批准。 谷歌表示，未来两年将在英国投入约68亿美元用于AI、研发和相关工程。 史密斯说："我并不是每天都对英国的商业环境保持乐观。"但他补充道，"我对英国政府过去几年的举措感到非常鼓舞。" "就在 ...

Overnight Night Market Trends - International precious metal futures closed mixed, with COMEX gold futures rising 0.23% to $3727.5 per ounce and COMEX silver futures falling 0.19% to $42.88 per ounce. Factors such as a weaker dollar, rising expectations of a Fed rate cut, geopolitical risks, and industrial demand support precious metal prices, but some contracts declined due to policy uncertainty [3]. - International oil prices rose strongly. The U.S. crude oil main contract rose 1.97% to $64.55 per barrel, and the Brent crude oil main contract rose 1.59% to $68.51 per barrel. Ukraine's increased attacks on Russian oil infrastructure have raised supply concerns, and a larger - than - expected decrease in U.S. API crude oil inventories further supported oil prices [3]. - Most London base metals closed higher. LME nickel rose 0.06% to $15445 per ton, LME aluminum rose 0.43% to $2712 per ton, and LME tin rose 0.32% to $34750 per ton. LME copper fell 0.68% to $10117 per ton. LME nickel inventories reached a four - year high [3]. - Domestic futures main contracts were mixed. Low - sulfur fuel oil and fuel oil rose more than 1%, while iron ore, hot - rolled coils, rebar, and soybeans No. 2 declined slightly [4]. Important Information Macroeconomic News - A U.S. appeals court rejected President Trump's request to fire Fed Governor Lisa Cook. Cook can temporarily remain at the Fed during the upcoming FOMC meetings [7]. - The Chinese Foreign Ministry spokesman had no information on whether Chinese and U.S. leaders will talk this week [7]. - Nine Chinese government departments issued policies to expand service consumption, including measures to improve service quality and benefit the public [7]. - The U.S. Commerce Department will consider requests to impose tariffs on more imported auto parts in the coming weeks [8]. Energy and Chemical Futures - Since September, most deep - processing orders in major regions in China have not improved significantly, with most orders being scattered. Some medium - and large - sized enterprises can still arrange production for 20 - 60 days for engineering projects [10]. - OPEC+ representatives will meet in Vienna to discuss updating member production capacity estimates [12]. - Russian oil producers may have to cut production due to Ukrainian drone attacks on key Russian export ports and refineries [12]. Metal Futures - Chile expects copper production to increase this year despite setbacks at two major copper mines, and production is expected to reach a record high by 2027 [13]. - Inner Mongolia Huomei Hongjun Aluminum and Electricity Co., Ltd. plans to replace its existing electrolytic aluminum production capacity [13]. - LME nickel inventories reached a four - year high on September 16, with significant increases in recent periods [13]. - Glencore will meet with the South African government to discuss avoiding layoffs at a smelter [14]. - Spot gold reached a new high, supported by dollar weakness and expectations of a Fed rate cut [15]. Black - Series Futures - From September 8 - 14, 2025, iron ore inventories at seven major Australian and Brazilian ports increased slightly, while Chinese 47 - port imported iron ore inventories decreased [18]. - Jinyie Steel Group resumed production after maintenance, increasing daily hot - metal output [19]. - Tangshan's coke and steel enterprises started environmental - protection - related production restrictions on September 16 [19]. - A coal mine in Linfen, Hongtong stopped production on September 16, affecting about 140,000 tons of coal output [19]. - Thirteen coal - washing enterprises in Wuhai are required to complete rectifications by the end of the month [19]. - As of September 16, the operating rate and capacity utilization of 50 major electric - arc - furnace steel mills in China decreased [20]. Agricultural Futures - China's soybean crushing volume is expected to be around 2.4 million tons this week, with slow inventory accumulation of soybean meal [23]. - China's use of agricultural fertilizers and pesticides decreased in 2024 compared to 2020 [23]. - As of September 15, cotton inventories in Zhangjiagang Bonded Area decreased year - on - year [23]. - Edible oil prices, including palm oil, are expected to remain firm in 2025 and 2026 due to supply - demand imbalances [24]. - China's domestic oil - mill average operating rate increased in the 37th week [24]. - China will conduct a central reserve frozen pork auction on September 18 [25]. - As of September 16, China's soybean oil port inventories increased slightly [26]. - Brazil's 2024/25 soybean production and 2025 export volume forecasts remain unchanged, while the 2025 soybean crushing volume forecast is raised [28]. - As of September 14, EU 2025/26 soybean and corn imports decreased compared to last year [29]. - The U.S. EPA proposed re - allocating biofuel blending obligations [29]. - Brazil's September soybean, soybean meal, and corn export volume forecasts are raised [29]. Financial Market Financial - China's A - share market closed higher, with robot concept stocks leading the gains. The Shanghai Composite Index rose 0.04%, the Shenzhen Component Index rose 0.45%, and the ChiNext Index rose 0.68% [31]. - Hong Kong's Hang Seng Index fell 0.03%, while the Hang Seng Tech Index rose 0.56%. Southbound funds had a net sell - off, but Alibaba had a net buy - in [31]. - Chery Automobile will start its IPO book - building today, targeting a valuation of HK$140 billion [33]. - Benyuan Quantum filed for IPO guidance [33]. - Micro - Nano Star, a satellite manufacturing unicorn, started its IPO process [34]. Industry - A UHV DC transmission project from Southeast Tibet to the Guangdong - Hong Kong - Macao Greater Bay Area started construction, with a total investment of about 53.2 billion yuan and over 150 billion yuan for the supporting power base [34]. - Guangdong Province issued an action plan to empower the toy industry with AI, aiming for a scale - above - designated - size toy industry revenue of 100 billion yuan and an AI toy penetration rate of over 30% by 2027 [34]. - Suzhou released an "AI +" city action plan, aiming to gather over 3000 AI enterprises and achieve an average annual growth of over 20% in the intelligent economy core scale by the end of 2026 [35]. - China Real Estate Association's direct - sales platform for commercial housing was launched [36]. - The world's first AI Agent trading market, MuleRun, was launched [37]. Overseas - The U.S. Senate approved Milan's nomination as a Fed governor, and Trump signed the appointment [39]. - A U.S. appeals court allowed Fed Governor Cook to stay, and the Trump administration will appeal [39]. - U.S. Treasury Secretary said the Fed has been lagging, and the market is pricing in a 75 - basis - point rate cut by the end of the year [39]. - The U.S. will consider expanding tariffs on steel, aluminum, and auto parts [39]. - The U.S. government is discussing setting up a $5 - billion mining investment fund and expanding strategic uranium reserves [39]. - A U.S. House Republican temporary spending bill to avoid a government shutdown lacks Democratic - demanded healthcare policies [40]. - U.S. retail sales rose in August, which may affect the Fed's rate - cut decision [42]. - U.S. manufacturing output rose in August, better than expected [43]. - Canada's CPI and new - home starts data in August were lower than expected, and the market is pricing in a Bank of Canada rate cut [43]. International Stock Markets - U.S. major stock indices closed slightly lower, with the Dow down 0.27%, the S&P 500 down 0.13%, and the Nasdaq down 0.07%. Most Chinese concept stocks rose [44]. - European major stock indices closed lower due to multiple factors, including Fed policy uncertainty and France's credit - rating issues [44]. - The U.S. SEC is considering Trump's proposal to reduce the frequency of corporate earnings reports [44]. - Japanese and South Korean stock markets continued to rise, with the Nikkei 225 and South Korea's KOSPI reaching new highs [45]. Commodity - International precious metal futures closed mixed, with COMEX gold rising and COMEX silver falling [47]. - International oil prices rose strongly due to supply concerns and inventory data [47]. - Most London base metals closed higher, with LME nickel inventories reaching a four - year high [47]. - OPEC+ will discuss production capacity at this week's meeting [48]. Bond - Yields of major Chinese inter - bank interest - rate bonds fluctuated, and the central bank conducted reverse - repurchase operations [49]. - U.S. Treasury yields fell across the board [50][51]. Foreign Exchange - The on - shore RMB against the U.S. dollar rose, and the RMB central parity rate was adjusted up [52]. - The U.S. dollar index fell, and most non - U.S. currencies rose [52]. Upcoming Economic Data and Events Economic Data - Key economic data to be released include New Zealand's Q2 current account, Japan's August trade balance, UK's August CPI, etc. [54] Events - There are multiple central - bank meetings, including the Fed, Bank of Canada, and Indonesia's central bank. There are also various press conferences and industry events [56]

美国总统特朗普对英国进行国事访问之际，英国科学创新与技术部在一份声明中表示，英美达成"科技繁荣协议"，未来美国科技巨头将为AI、量子计算 计划和其他科技项目投入超过310亿英镑（423亿美元）。此次陪同特朗普访问的还包括英伟达公司黄仁勋和OpenAI的Altman，OpenAI也将其"星际 之门"项目引入英国。 微软主席兼CEO Satya Nadella表示，公司正"加倍押注"对英国的投资。 英国首相斯塔默对此表示欢迎，称其为对英国在AI领域领导地位的"有力信任票"，并认为该承诺将巩固英国的数字基础设施并支持数千个高技能工作岗 位。与此同时其他主要参与者也纷纷加码： 在美国总统特朗普本周到访英国之际，微软、OpenAI等美国科技巨头宣布了在英国进行数百亿美元的科技基础设施投资计划。 9月16日，英国科学创新与技术部在一份声明中表示，英国与美国达成一项里程碑式的"科技繁荣协议"。未来美国科技巨头将在英国为人工智能系统、 量子计算计划和其他科技项目投入超过310亿英镑（423亿美元）。 英国首相斯塔默称该协议标志着与美国关系迎来一代人一次的跨越式变革，同时他表示： 《科技繁荣协议》将塑造大西洋两岸数百万人的未来 ...

Core Viewpoint - Benyuan Quantum Computing Technology (Hefei) Co., Ltd. has completed its IPO counseling filing with the Anhui Securities Regulatory Bureau, marking it as the third quantum technology company in Hefei High-tech Zone to initiate the IPO process after Guodun Quantum and Guoyi Quantum [1] Company Overview - Benyuan Quantum was established on September 11, 2017, with a registered capital of 30 million yuan. The actual controller, Guo Guoping, holds 21.08% of the shares directly and controls over 30% of the voting rights through various investment partnerships [2] - The technology team originates from the Quantum Information Key Laboratory of the Chinese Academy of Sciences, focusing on building a self-controllable engineering quantum computer and a complete industrial chain ecosystem [2][3] Technological Development - The company has developed China's first quantum chip design software, quantum chip production line, quantum computer systems, and quantum operating systems, holding the second-largest number of quantum computing-related patents globally [2] - Benyuan Quantum is one of only two organizations globally that publicly provide quantum computing cloud services, with its "Benyuan Wukong" quantum computer set to launch in January 2024, marking China's first large-scale provision of autonomous quantum computing power [5] Market Deployment - As of now, "Benyuan Wukong" has achieved over 30 million global visits and completed 690,000 quantum computing tasks for users across 163 countries and regions [5] - The quantum computer has been deployed in various locations in China, including supercomputing centers and universities, supporting major national research projects and talent training [5] Industry Collaboration - Benyuan Quantum has engaged in over 100 quantum computing application collaborations with more than 500 domestic entities across sectors such as defense, finance, medicine, electricity, telecommunications, and aviation [5] - The company signed a strategic cooperation agreement with ChinaLink ESGt to enhance quantum technology collaboration between China and Spain, focusing on building a computing power center and developing quantum-resistant cryptography [6]

Core Viewpoint - Benyuan Quantum Computing has officially initiated its IPO process, indicating its readiness for the A-share market and highlighting its leadership in the domestic quantum computing sector [2][3]. Company Overview - Benyuan Quantum was established in 2017 and originated from the Quantum Information Key Laboratory of the Chinese Academy of Sciences, focusing on a full-stack technology layout in quantum computing [2]. - The company's core business includes quantum chips, quantum computing measurement and control integrated machines, quantum operating systems, quantum software, quantum computing cloud platforms, and quantum education [2]. Technological Advancements - The company has made significant breakthroughs, including the successful launch of its third-generation autonomous superconducting quantum computer, "Benyuan Wukong," positioning China among the global leaders in quantum computing [2]. - The technology is transitioning from theoretical frameworks to practical applications, with potential breakthroughs expected in finance, aerospace, and medicine [3]. Industry Challenges - Despite advancements, the industry faces common challenges such as qubit stability, error correction capabilities, and scalability, which are critical technical bottlenecks [3]. - Continuous focus on core areas like quantum chips, measurement and control systems, and ultra-low temperature environments is necessary to solidify the foundation for quantum computing industrialization [3]. Shareholding Structure - As of June 30, 2025, the chief scientist of Benyuan Quantum, Guo Guoping, directly holds 21.08% of the company's shares and controls over 30% of the voting rights through various employee stockholding platforms, making him the actual controller of the company [3]. Future Prospects - With the initiation of the IPO guidance, Benyuan Quantum is expected to leverage capital markets to enhance its technology research and industrial applications, accelerating the construction and commercialization of China's quantum computing ecosystem [3].

Core Insights - Benyuan Quantum Computing Technology (Hefei) Co., Ltd. has filed for listing guidance with the Anhui Securities Regulatory Bureau, with CITIC Securities as the advisory institution [1] - The company focuses on building a self-controlled engineering quantum computer and developing a full-stack quantum computing ecosystem, including quantum chips, measurement and control systems, operating systems, software, cloud platforms, and educational initiatives [1] - Benyuan's quantum computer "Wukong" has successfully completed over 500,000 quantum computing tasks for users in 143 countries and regions since its launch on January 6, 2024, marking a significant milestone in China's quantum computing capabilities [2] Company Overview - Founded in 2017 in Hefei, Benyuan Quantum is a leading player in the domestic quantum computing industry, with technology originating from the Chinese Academy of Sciences [1] - The company aims to explore applications of quantum computing across various sectors, including biotechnology, chemical materials, financial analysis, ship manufacturing, and big data [1] - The ownership structure indicates that Guo Guoping holds 21.08% of the shares directly and controls over 30% of the voting rights through various investment partnerships, making him the controlling shareholder [3] Product Development - "Wukong" is recognized as China's most advanced programmable superconducting quantum computer, with applications extending from basic research to fluid dynamics, biomedicine, and financial technology [2] - The quantum computing tasks completed by "Wukong" reflect its significant role in the global quantum ecosystem, particularly with high user engagement from countries like the United States and Canada [3] - Future developments include the integration of "Wukong" into a financial quantum cloud platform by early 2025 and the introduction of applications for drug development, enhancing efficiency in pharmaceutical research [2]

Core Insights - Quantum computing is expected to be a disruptive force in solving AI computing power bottlenecks, offering superior parallel computing capabilities and lower energy consumption compared to traditional computing [2][5] - Post-quantum cryptography aims to create new cryptographic systems that can withstand attacks from quantum computers, becoming a crucial technology for future information security [1][2][5] - The standardization process for post-quantum cryptography is accelerating, with increasing exploration of applications and intensified competition among leading domestic and international companies [1][5] Industry Overview - The global market for quantum computing reached $4.7 billion in 2023 and is projected to exceed $800 billion by 2035, indicating significant growth potential [2] - Domestic leading companies are rapidly advancing in the fields of quantum computing and post-quantum cryptography, focusing on algorithm development, hardware innovation, and industry application [3] Company Highlights - GuoDun Quantum (国盾量子) supports the commercialization of post-quantum cryptography with a complete industrial chain [4] - Sanwei Xinan (三未信安) has developed a full range of anti-quantum cryptography products, from chips to systems [4] - Jida Zhengyuan (吉大正元) is actively promoting research on anti-quantum cryptography migration, achieving full-stack innovation from algorithms to applications [4] - Tianrongxin (天融信) has made strategic investments in quantum computing, leading the upgrade of security products with chip-level post-quantum cryptography cards [4] - Electric Science Network Security (电科网安) has launched the "Quantum Armor" series of anti-quantum cryptography products, creating a comprehensive security ecosystem [4] - Geer Software (格尔软件) focuses on financial industry applications for anti-quantum migration solutions [4] - GuoXin Technology (国芯科技) is integrating quantum technology with trusted computing chips, establishing a full-chain layout from algorithms to products [4] Investment Recommendations - Companies to watch in the post-quantum cryptography space include GuoDun Quantum, Sanwei Xinan, Jida Zhengyuan, Tianrongxin, Electric Science Network Security, Geer Software, and GuoXin Technology [5] - Additional companies related to quantum computing include Qiming Star (启明星辰), Keda Guokuan (科大国创), Hexin Instruments (禾信仪器), Shenzhou Information (神州信息), Kehua Data (科华数据), China Great Wall (中国长城), Guangxun Technology (光迅科技), Unisoc (紫光国微), and Hengtong Optic-Electric (亨通光电) [5]

Well, we have closed out the session and uh we're going to have a conversation now with uh Tim Anderson who is the managing director of TJM Investments. Uh as we've seen the Monday close above 6,600 there for the S&P 500. Obviously, you know, a lot of positive catalysts.The market seems to be hanging on to this AI story right now. The expectations for rate cuts. I mean what did you make of the session today particularly as tech continued to rally and saw record highs for the sector.>> This this is very much ...