Core Viewpoint - Tesla is accelerating its in-house chip development, focusing on the production of next-generation AI5 and AI6 chips, aiming to surpass the current global AI chip output [2][6]. Group 1: Recruitment Strategy - Tesla's recruitment for AI chip design engineers emphasizes practical experience over formal education, asking candidates to describe three challenging technical problems they have solved [3]. - The choice to recruit in South Korea is strategic, leveraging the advanced manufacturing capabilities of companies like Samsung and SK Hynix, which are key suppliers of High Bandwidth Memory (HBM) technology [3]. Group 2: Chip Specifications and Production Strategy - Tesla's chip production strategy involves a dual-foundry approach, utilizing different wafer foundry partners to enhance flexibility and reduce single-source risks [4][8]. - The specifications for AI4, AI5, and AI6 chips show significant improvements: AI6 is expected to integrate multiple functions into a single SoC, enhancing efficiency and reducing power consumption [6][10]. Group 3: Manufacturing Locations and Partnerships - AI4 is manufactured by Samsung in South Korea, while AI5 is being developed with TSMC in Taiwan and the U.S. Arizona, and AI6 will be produced at Samsung's facility in Taylor, Texas [7]. - The decision to produce AI6 at Samsung's Texas facility is influenced by supply chain risk management, policy incentives, and cost structures, particularly in light of the U.S. CHIPS Act [9]. Group 4: Implications for Autonomous Driving and Robotics - AI6 is positioned as a core component for Tesla's advancements in embodied AI, supporting both autonomous driving and humanoid robots, with a significant increase in demand expected as production scales up [10]. - Advanced packaging technologies are anticipated to be utilized for AI6 to meet high bandwidth and computational requirements, supporting large neural network models [10]. Group 5: Semiconductor Supply Chain Dynamics - TSMC currently holds major orders for AI5, but Tesla's expansion in South Korea and push for localized advanced manufacturing indicate a shift in global supply chain dynamics [11]. - The success of Taiwan's semiconductor supply chain will depend on maintaining technological advantages in advanced packaging and integration technologies [14].

德国研究人员推出了一种由极薄半导体层制成的超快光开关，其运行速度比当今的电子晶体管快约 10,000 倍。 由奥尔登堡大学物理学家团队设计的新型光学器件，可用作光开关或光晶体管。研究人员表示，超快光开关为光数据处理提供 了广阔的应用前景。 这种被描述为纳米结构"活性超材料"的原型由银和原子级薄的半导体层制成。它能够在飞秒（即千万亿分之一秒）的时间尺度 上控制光。 "如果我们想在纳米尺度上制造超快光开关，我们的发现就特别有意义，"奥尔登堡大学实验物理学教授、该研究的主要作者克 里斯托夫·利瑙博士表示。 纳米尺度光学 利瑙和他的研究团队着手寻找一种材料，利用聚焦激光束，可以在短短几个飞秒内操控或切换其反射特性。作为参考，一飞秒 等于十亿分之一秒的百万分之一。 在这个项目中，研究团队使用了一种超薄的银纳米狭缝阵列。然后，他们在其表面铣削出一个平行沟槽网格，每个沟槽的宽度 和深度约为 45 纳米（十亿分之一毫米）。 参与这项研究的英国剑桥大学的科学家们随后将一层仅有三个原子厚的半导体晶体二硫化钨单层涂覆到该结构的表面上。 莫里茨·吉廷格博士（左）和丹尼尔·蒂默博士（右）站在这项研究所依据的实验装置前。图片来源：奥尔登 ...

Core Viewpoint - A global storage crisis is emerging, driven by a significant shortage of memory chips, particularly DRAM, which is impacting profits across various sectors, including consumer electronics and automotive industries [2][3][4]. Group 1: Causes of the Crisis - The shortage of DRAM is primarily attributed to the increasing demand from artificial intelligence data centers, which require high bandwidth memory (HBM) for processing large datasets [3][6]. - Companies like Alphabet Inc. and OpenAI are purchasing millions of memory chips for AI applications, leading to a competitive squeeze on supply for consumer electronics manufacturers [4][5]. - The price of DRAM has surged dramatically, with some prices increasing by 75% from December to January, reminiscent of hyperinflation [4][23]. Group 2: Impact on Companies - Major semiconductor manufacturers, including SK Hynix, Samsung, and Micron, control over 90% of global memory chip production and are experiencing record valuations due to the demand surge [4][5]. - The shift in production focus from traditional DRAM to HBM has resulted in reduced availability of standard memory chips for consumer electronics, affecting companies like Apple and Tesla [2][5]. - The memory crisis is causing significant disruptions in product release schedules, with companies like Sony considering delays for their next-generation gaming consoles [19][23]. Group 3: Market Predictions - TrendForce predicts that DRAM and NAND flash prices will rise by 90% to 95% and 55% to 60%, respectively, in the first quarter alone [4][6]. - The demand for HBM is expected to grow by 70% year-on-year by 2026, indicating a long-term shift in the memory market dynamics [6][22]. - The supply-demand imbalance is projected to persist throughout the year, with potential declines in smartphone shipments and increased prices for low-end devices [23][19].

Key Points - Tencent Holdings (00700), Yingfu Fund (02800), and Shandong Gold (01787) ranked the top three in net inflow of southbound funds, with net inflows of 736 million, 423 million, and 393 million respectively [1] - Alibaba-W (09988), SMIC (00981), and Hua Hong Semiconductor (01347) ranked the top three in net outflow of southbound funds, with net outflows of -524 million, -391 million, and -199 million respectively [1] - In terms of net inflow ratio, China Overseas Macro Holdings (00081), Xinhua Wencuan (00811), and China Oriental Education (00667) led the market with ratios of 55.30%, 50.59%, and 49.55% respectively [1] - Conversely, Zhengzhou Bank (06196), China Energy Construction (03996), and Hongye Futures (03678) had the highest net outflow ratios at -50.51%, -49.70%, and -48.03% respectively [1] Top 10 Net Inflow Stocks - Tencent Holdings (00700) had a net inflow of 736 million, representing a 5.67% increase, with a closing price of 548.000 [2] - Yingfu Fund (02800) saw a net inflow of 423 million, with a 5.13% increase, closing at 27.480 [2] - Shandong Gold (01787) experienced a net inflow of 393 million, with a significant 31.27% increase, closing at 40.180 [2] - Bilibili-W (09626) had a net inflow of 335 million, with a 27.53% increase, closing at 252.800 [2] - China National Offshore Oil (00883) had a net inflow of 301 million, with a 22.88% increase, closing at 24.800 [2] Top 10 Net Outflow Stocks - Alibaba-W (09988) faced a net outflow of -524 million, with a -6.30% decrease, closing at 160.100 [2] - SMIC (00981) had a net outflow of -391 million, with a -6.39% decrease, closing at 70.000 [2] - Hua Hong Semiconductor (01347) saw a net outflow of -199 million, with a -15.56% decrease, closing at 99.600 [2] - Changfei Optical Fiber (06869) experienced a net outflow of -172 million, with a -5.33% decrease, closing at 107.500 [2] - Minmetals Resources (01208) had a net outflow of -168 million, with a -32.19% decrease, closing at 10.160 [2] Top 10 Net Inflow Ratios - China Overseas Macro Holdings (00081) led with a net inflow ratio of 55.30%, with a net inflow of 8.1564 million, closing at 2.650 [3] - Xinhua Wencuan (00811) followed with a net inflow ratio of 50.59%, with a net inflow of 5.2208 million, closing at 11.080 [3] - China Oriental Education (00667) had a net inflow ratio of 49.55%, with a net inflow of 15.9379 million, closing at 6.100 [4] Top 10 Net Outflow Ratios - Zhengzhou Bank (06196) had the highest net outflow ratio at -50.51%, with a net outflow of -3.1282 million, closing at 1.150 [4] - China Energy Construction (03996) followed with a net outflow ratio of -49.70%, with a net outflow of -16.9578 million, closing at 1.180 [4] - Hongye Futures (03678) had a net outflow ratio of -48.03%, with a net outflow of -5.2165 million, closing at 3.220 [4]

周三(2月18日)：美联储1月FOMC会议纪要公布。 周五(2月20日)：美国12月PCE数据及第四季度GDP初值；美国最高法院定于2月20日宣判，就特朗普关 税案作出裁决。 中国宏观 本周，春节迎来史上最长假期，2月15日至23日放假调休，A股休市。 来源：智通财经 智通财经2月16日讯（编辑 冯轶）智通财经为您带来本周港股要闻： 海外宏观 周一(2月16日)：欧元区财长将于2月16日将讨论发行欧元计价稳定币及增加欧盟联合债券等方案，以提 升欧元的国际货币地位。 周二(2月17日)：乌克兰准备于2月17日或18日在美国举行会晤。 行业动态 周一(2月16日)：首届印度人工智能峰会将在新德里举行，英伟达CEO黄仁勋、谷歌CEO皮查伊等全球 科技领袖确认参会。 周三(2月18日)：谷歌发布Pixel 10a手机。 港股要闻 周一(2月16日)：港股除夕半日市，周二至周四休市。 周五(2月20日)：港股开盘。 此外，AI成为春节假期绝对主角，国内方面，DeepSeek V4预计春节面世，字节、阿里等巨头齐聚"春 节档"发布新模型或应用， ...

尽管微软、谷歌、亚马逊和Meta等科技巨头计划在2026年投入超过6000亿美元用于AI基础设施，但这 一资本支出热潮并未显著推高英伟达股价。2026年2月以来，英伟达股价出现回调，截至2月13日收盘价 为182.81美元，较2月初下跌约1.98%，区间振幅达12.58%。市场从过去"无脑追捧"算力规模转向关注资 本开支回报率，投资者担忧AI应用端收入能否匹配巨额投入，压制了股价上行动力。 公司估值 来源：经济观察网 经济观察网 英伟达股价近期持续震荡，主要受市场对AI行业前景、公司估值逻辑切换以及短期事件等 多重因素影响。 股票近期走势 英伟达的估值正经历压缩。截至2026年2月13日，其预期市盈率约为24倍，接近纳斯达克100指数水平， 远低于过去五年38倍的平均值。同时，营收增长预期从2026年的58%放缓至2027年的28%，市场开始将 其视为兼具周期性的半导体公司，而非纯粹高成长股，导致估值溢价收缩。Advisors Capital Management的JoAnne Feeney指出，市场担心AI收入无法追赶资本支出步伐，加剧了估值压力。 行业与风险分析 截至2026年2月13日，英伟达总市值约4 ...

男生普通话版 下载mp3 女声普通话版 下载mp3 粤语版 下载mp3 西南方言版 下载mp3 东北话版 下载mp3 上海话版 下载mp3 今日优选 英媒：若美解除制裁，伊朗已准备考虑做出妥协以达成核协议 美军被曝正为潜在的"持续数周"的对伊军事行动作准备 美国1月核心CPI创近5年新低 美政府或削减钢铝关税？纳瓦罗：毫无事实依据 美财长：参院同意推进沃什美联储主席任命听证 据悉欧佩克+正倾向于从4月起恢复石油增产 国投瑞银白银LOF赔偿方案出炉 豆包大模型宣布正式进入2.0阶段 深圳出手规范黄金市场 中国宣布对加拿大、英国实施阶段性免签政策 市场盘点 上周一，美元指数维持横盘，日内基本持平，最终收报96.85。由于科技股抛售潮延续支撑了美债的避险吸引力，美债收益率延续跌势，基准的10年期美债 收益率收报4.05%，对美联储政策利率敏感的2年期美债收益率收报3.41%。 温和的1月美国CPI报告提升了美联储年中前降息的可能性，现货黄金盘中拉升，重回5000美元大关，日内涨超120美元，最终收涨2.5%，报5043.11美元/盎 司；现货白银两度触及79美元关口后回落，最终收涨2.97%，报77.43美元/盎司 ...

中美刚聊完电话三天，咱们这边就公布了一个重量级的黄金储备数据，立马就让全世界的市场都紧张起来了，还把美国的态度给翻了个过来，变得完全不一 样了。 国家外汇管理局透露，到2026年1月末，中国黄金储备达到7419万盎司，连续15个月都在增加。 同时，外汇储备也稳稳地在3.3万亿美元以上。消息一出，没多久，美国财长贝森特就紧急表态，明确说"不希望中美脱钩"，这一下子就打破了之前对中国 的强硬立场，反差真是挺大的，让人瞠目结舌。 我国产生了一个明显的变化，一边持续抛售美国国债，一边却在不断增加黄金储备，这背后到底藏着什么玄机呢？ 这个动作透露出什么样的信号？再看贝森特说"不希望和中国脱钩"，这话到底意味着啥？是不是暗示双方关系会继续向好？这可真让人琢磨不透，看来未来 的国际局势又添了几分变数。 2月7号是个普通的星期六，大家大多还在休息。当天中国央行公布了最新的资产负债表，到2026年1月末，中国官方的黄金储备已经积攒到7419万盎司了。 这次的增加不是突然之间的，而是经过好几个月稳扎稳打逐步攒起来的，单月又多了4万盎司。 就算现在国际金价一直挺高，中国增持黄金的脚步也一点不减，每一笔都在稳扎稳打地积累实打实的硬通 ...

美国关税层层加码 2025年刚开头，美国就对所有中国来的货加了10%的关税，说是为了管芬太尼。没过多久，三月又提到 20%。四月那会儿，关税一路往上冲，最高时候叠加到一百多点。 中国这边也跟进，加到八十多。双方这么你来我往，搞得全球供应链都跟着晃。说白了，美国觉得中国 发展太快，就想用关税这根棍子把人摁住。 中国这些年一直老老实实做生意，从没主动找事儿，八十年代以后没打过仗，联合国会费按时交，还派 最多维和人员出去帮忙。跟一百四十多个国家是最大贸易伙伴，大家平等来往，互利互惠。可美国看不 惯，就一步步加压，想把中国日子往回拉。 中国反制稳步推进 压力来了，中国也没躲。五月开始，直接停了美国大豆进口。以前美国大豆占中国进口不少份额，结果 那几个月中国港口几乎看不到美国船，货全转到巴西和阿根廷那边。东北和华北农民趁机多种大豆，国 内供应慢慢补上。 军工企业那边，好几百家被列入黑名单。武器出口适当放宽，海外基地建设也在稳步走。这些动作连成 一串，不是一时冲动，而是步步回应。 格局转变美国受损 这么一来，美国国内感受最明显。关税层层加，物价跟着涨，普通家庭一年多掏一千多美元。农民大豆 卖不出去，仓库堆满，价格往下掉。 ...

岁序更替，骏马迎春。 中共中央、国务院2月14日在人民大会堂举行2026年春节团拜会，习近平总书记发表讲话，代表党 中央和国务院，向全国各族人民，向香港特别行政区同胞、澳门特别行政区同胞、台湾同胞和海 外侨胞拜年。 温暖有力的讲话，鼓舞人心、催人奋进，凝聚起全党全国各族人民阔步新征程的磅礴力量，激荡 起同心协力书写美好未来的豪情信心。 砥砺前行结硕果 春节假期第一天，对于广西北部湾港来说仍是吞吐万汇、争分夺秒的一天。 "习近平总书记再次强调'坚定不移推进全面从严治党'，我们对如何发挥好新时代博物馆的教育功 能有了更深的思考。"博物馆讲解员黄俊峰表示，"我们要持续把廉洁文化故事、从严治党故事等 融入博物馆的讲解中，为红色文化赋予新的时代内涵，使革命传统教育更富感染力。" 三江源碧空如洗。春节前后正值森林草原防火关键期，青海省玉树藏族自治州曲麻莱县约改镇29 岁护林员求多杰奔波在巡护一线，不放松一丝一毫。 "总书记高度重视生态文明建设。"学习习近平总书记的讲话，求多杰深感重任在肩，"这些年草更 绿了、水更清了，野生动物越来越多，'中华水塔'功能持续稳固提升。我们一定要把巡护工作做 好，让家乡更美。" 中国年，世界 ...