Group 1: Market Overview - Northbound trading recorded a net buy of 11.694 billion HKD on April 11, with 6.977 billion HKD from Shanghai Stock Connect and 4.717 billion HKD from Shenzhen Stock Connect [1] - The most bought stocks included Alibaba-W (09988), Tencent (00700), and China Construction Bank (00939), while the most sold stock was SMIC (00981) [1] Group 2: Stock Performance - Xiaomi Group-W (01810) saw a net inflow of 3.735 billion HKD, while its sell amount was 3.683 billion HKD, resulting in a total trading volume of 7.418 billion HKD [2] - Tencent Holdings (00700) had a net buy of 4.168 billion HKD against a sell of 2.943 billion HKD, totaling 7.110 billion HKD [2] - Alibaba-W (09988) recorded a net buy of 3.907 billion HKD with a sell of 1.586 billion HKD, leading to a total of 5.494 billion HKD [2] Group 3: Sector Insights - The technology sector continues to attract investment, with significant net buys for Alibaba-W (25.77 billion HKD), Tencent (19.59 billion HKD), and Meituan-W (3.27 billion HKD) [4] - China Construction Bank (00939) received a net buy of 6.07 billion HKD, supported by positive outlooks on bank stocks due to potential policy easing and increased retail credit demand [5] - China National Offshore Oil Corporation (00883) had a net buy of 2.92 billion HKD, with plans for significant share buybacks indicating confidence in long-term growth [5] Group 4: Company-Specific Developments - Pop Mart (09992) reported a projected revenue of 13.038 billion RMB for 2024, a year-on-year increase of 106.92%, with a net buy of 2.34 billion HKD [6] - Semiconductor stocks showed mixed results, with Hua Hong Semiconductor (01347) gaining a net buy of 1.81 billion HKD, while SMIC (00981) faced a net sell of 3.88 billion HKD [6] - Kangfang Bio (09926) received a net buy of 1.61 billion HKD, with strong revenue growth expected due to new product inclusions in national insurance [7]

国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 4月11日消息，意法半导体宣布 "重塑制造布局和调整全球成本基础" 计划，根据该 计划，包括先前披 露的成本基础调整和制造布局重塑，意法半导体预计将在三年内导致全球范围内最多 2800 名员工自愿 离职。 据悉，意法半导体计划在 2025、2026 和 2027 财年重点投资于 300mm 硅片和 200mm 碳化硅的先进制 造基础设施与技术研发。该公司还计划继续投资升级运营中使用的技术，部署更多人工智能和自动化技 术。 意法半导体总裁兼首席执行官 Jean-Marc Chery 表示："今天宣布的制造布局重塑计划，将利用我们在欧 洲的战略资产，为我们集成设备制造商 (IDM) 模式的未来发展提供保障，并提升我们更快的创新能 力，使所有利益相关者受益。 我们专注于先进的制造基础设施和主流技术，将继续充分利用所有现有工厂，并为其中一些工厂重新定 义使命，以支持它们的长期成功。我们致力于以负责任的方式管理该计划，秉承我们长期以来秉持的价 值观，并完全通过自愿措施进行。意大利和法国的技术研发、设计和量产活 ...

Group 1 - The core viewpoint of the article highlights the positive outlook for the DRAM market, driven by the easing of trade tensions and the demand from China's stimulus measures [1][2] - Nanya Technology's General Manager, Li Pei-ying, indicated that the company is undergoing a process conversion, with expectations of improved operational performance as DRAM prices are set to rise this season [1][2] - The transition to the 1B process is expected to reach a sweet spot by the end of Q2 this year, potentially leading to a positive gross margin for Nanya Technology, although initial yields may be low [2] Group 2 - Nanya Technology plans to produce 16Gb 5600 DDR5 memory chips, which are in high demand for cloud servers and edge AI computing, thus enhancing profitability and alleviating inventory pressure [1][2] - The company has already notified clients of DRAM price increases, indicating a strong market response despite limited exposure to U.S. tariffs [2] - Future developments in the DRAM industry will depend on the outcomes of trade negotiations between the U.S. and China, as well as overall economic conditions [2]

Core Viewpoint - SK Hynix has achieved the top position in the global DRAM market for the first time, surpassing Samsung Electronics, which had dominated the market for over 30 years [1][4]. Market Share and Performance - In Q1 of this year, SK Hynix held a 36% share of the global DRAM market, slightly ahead of Samsung's 34% and Micron's 25% [2][4]. - The strong growth of SK Hynix is primarily driven by its leading position in the High Bandwidth Memory (HBM) sector, where it commands a 70% market share [2][4]. HBM Technology and Demand - The surge in demand for HBM chips, fueled by the growth of artificial intelligence, has been a key factor in SK Hynix's rise [4][6]. - SK Hynix's latest 12-layer HBM3E chips have captured over 70% of global HBM sales in Q1, primarily supplying to leading AI companies like Nvidia [7]. Financial Performance - In 2022, SK Hynix's U.S. subsidiary reported sales of 33.49 trillion KRW (approximately $23 billion) and a net profit of 1.049 trillion KRW (approximately $7.19 million), marking a 2.6-fold increase from the previous year [7]. - The total sales for SK Hynix reached 66.19 trillion KRW, with operating profit at 23.47 trillion KRW, driven significantly by HBM products [7]. Future Outlook - SK Hynix anticipates that the demand for HBM memory chips will grow at an annual rate of 82% by 2027, supported by the ongoing AI boom [7][8]. - The company plans to complete the development and mass production of its 12-layer HBM4 chips by the end of this year, with expectations to start supplying them in 2025 [8]. Competitive Landscape - Samsung's reliance on traditional DRAM, which constitutes 80-90% of its sales, contrasts with SK Hynix's focus on HBM, positioning SK Hynix advantageously as demand for traditional memory declines [8][9]. - Analysts believe that SK Hynix is likely to maintain its lead in the second quarter, despite concerns over potential U.S. tariffs [9]. Technological Advancements - SK Hynix has achieved an 80% yield rate for its new 1c DRAM process, a significant improvement as it prepares to launch the world's first 16GB DDR5 DRAM based on this technology [10][11]. - The company is set to be the first to mass-produce HBM4, further widening the gap with competitors like Samsung, which has struggled with yield rates for its 1c DRAM modules [11][12]. Industry Dynamics - The semiconductor market is witnessing intense competition, with emerging players from China and Taiwan also making strides in technology and product development [16]. - The ongoing technological transformation in the DRAM sector presents both challenges and opportunities for existing and new players in the market [16].

然而，营收的增长并未带来利润的同步提升。公司净利润亏损扩大至4.03亿元，扣非净利润更是达 到-4.57亿元。这一现象反映出公司在市场竞争中的价格压力以及成本控制的不足。尽管公司在研发、 市场开拓和供应链体系建设等方面投入了大量资源，但这些投入在短期内并未转化为利润，反而加剧了 亏损。 2025年4月9日，纳芯微发布2024年年报。报告显示，公司全年实现营业总收入19.60亿元，同比增长 49.53%；然而，归属于上市公司股东的净利润为-4.03亿元，同比亏损扩大31.95%。尽管营收表现亮 眼，但净利润的持续下滑暴露出公司在成本控制和市场竞争中的严峻挑战。 营收增长背后的隐忧 纳芯微2024年营收达到19.60亿元，同比增长49.53%，主要得益于汽车电子领域的强劲需求。新能源汽 车渗透率的提升，带动了公司相关产品的放量。此外，麦歌恩磁传感器产品的出色表现也为营收增长贡 献了力量，其在2024年11月至12月期间实现营业收入7318.72万元。 2024年，纳芯微完成了对麦歌恩的战略收购，并通过深度整合实现了产品品类和技术矩阵的横向拓展。 麦歌恩的加入为公司带来了工业编码器、开关与锁存器、线性位置传感器等多 ...

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容编译自 cnyes ，谢谢。 知名投资机构KeyBanc Capital Markets 分析师John Vinh 发布报告指出，英特尔在最新的尖端制 程工艺Intel 18A 技术取得了积极的进展，并有望获得任天堂（Nintendo）的GPU 订单。 John Vinh 表示，Intel 18A 预计在2025 年下半年由Panther Lake 率先采用，其包括良率和缺陷 密度在内的KPI 正朝着正确的方向发展，并且处于可接受的水平。 今年2 月下旬，英特尔透过官网正式上线了对于其最尖端的Intel 18A 制程工艺的介绍，并称其已 经「准备就绪」。 参考链接 https://news.cnyes.com/news/id/5930537 点这里加关注，锁定更多原创内容 *免责声明：文章内容系作者个人观点，半导体芯闻转载仅为了传达一种不同的观点，不代表半导体芯闻对该 观点赞同或支持，如果有任何异议，欢迎联系我们。 根据官网的介绍，Intel 18A 采用了RibbonFET 环栅(GAA) 晶体管技术，可实现电流的精确控 制，同时还率先采用了业界首创的Po ...

智通财经APP获悉，港股今日低开高走，三大指数午后强势拉红，恒科指数一度涨超3%。南向资金持 续加码托举大市，全日净买额超355亿港元，创历史最高单日净买入纪录。截止收盘，恒生指数涨 0.68%或136.81点，报20264.49点，全日成交额4123.85亿港元；恒生国企指数涨1.41%，报7535.68点； 恒生科技指数涨2.64%，报4689.19点。 银河证券指出，中长期来看，港股市场配置价值较高的三大主线分别是：第一，在国内扩内需、稳消费 等政策刺激下，消费行业业绩有望继续改善，从而促进当前估值水平处于历史中低水平的消费股上涨。 第二，科技政策支持与产业趋势将迎来共振，相关公司业绩改善预期较强，科技板块有望持续上涨。第 三，港股高股息策略仍具备吸引力，尤其是积极进行市值管理的央企高股息标的。 蓝筹股表现 小米集团-W(01810)表现亮眼。截至收盘，涨7.71%，报41.9港元，成交额274.28亿港元，贡献恒指87.55 点。汇丰研究报告指出，小米受美国关税政策的影响小于苹果的供应商，因为其对美国市场的依赖极 低，而且其产品定位对于不确定的经济前景更具防御性。大和认为，近期小米集团的股价在车祸和配 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 2025年3月7日，公司召开第二届董事会第二十六次会议和第二届监事会第十四次会议，审议通过了《关 于公司发行股份及支付现金购买资产并募集配套资金暨关联交易方案的议案》《关于〈上海硅产业集团 股份有限公司发行股份及支付现金购买资产并募集配套资金暨关联交易预案〉及其摘要的议案》等与本 次交易相关的议案，具体内容详见公司于2025年3月8日披露在上海证券交易所网站的相关公告。 根据相关规定，经向上海证券交易所申请，公司股票（证券简称：沪硅产业，证券代码：688126）于 2025年3月10日开市起复牌，具体内容详见公司于2025年3月8日披露的《上海硅产业集团股份有限公司 关于披露发行股份及支付现金购买资产并募集配套资金暨关联交易预案的一般风险提示暨公司股票复牌 的公告》（公告编号：2025-013）。 自预案披露以来，公司及其他相关方正在积极推进本次交易的相关工作。截至本公告披露日，本次交易 所涉及的尽职调查、审计、评估等工作正在 ...

国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 4月7日消息，受特朗普抛出的"对等关税"政策影响，中国台湾地区股票交易市场出现 "跳水式暴 跌"， 台积电 开盘近下跌10%， 触发台股熔断机制！ 今日是台湾地区清明连假结束后的首个台股交易日，据台媒报道，开盘后台股便出现"跳水式暴 跌"。大盘一开盘便狂泻2000点，不仅失守具有象征意义的2万点重要关卡，还创下了台股史上"最 大开盘跌点纪录"。 台积电开盘跳空跌停价848元，为去年8月初以来低位，也是 16 年 4 个月以来首次开盘即跳空跌 停。台积电上一次盘中触及跌停是2024年8月 5 日，因美股收黑走低。上一次开盘即跳空跌停是 16 年 4 个月前的 2008 年 12 月 2 日，当时次级房贷危机引发全球金融海啸。 据报道，岛内"三大权值股"台积电、鸿海、联发科同步亮灯跌停，电子、AI、金融等板块全面溃 散，盘面血流成河。 岛内有机构表示，美国政府4月2日公布关税政策不仅冲击全球股市、引发多个经济体表态反制，全 球贸易战升温，市场担忧美国经济未来发展打击美股与台股投资人信心，不利台股近期表现 ...

Group 1 - SK Hynix plans to maintain its overwhelming technological leadership in the High Bandwidth Memory (HBM) market by launching next-generation products, including HBM4E [1][2] - The company will begin mass production of the sixth generation HBM, HBM4 12-layer products, this year, followed by timely supply of the seventh generation HBM4E [1] - HBM's share in SK Hynix's overall DRAM sales is rapidly increasing, expected to exceed 50% this year, up from over 40% in the fourth quarter of last year [2] Group 2 - SK Hynix has already sold out its HBM shipments for this year and anticipates potential early sell-out in the first half of next year, which will include both HBM3E and HBM4 12-layer products [2] - The company emphasizes the importance of customized HBM solutions to meet diverse market demands, reflecting a commitment to customer-specific needs [1]