内容概要：汽车无线传感SoC是车规级芯片中一个重要的功能类别，它集成了无线通信和传感器处理单 元，但核心是必须满足严酷的汽车电子环境要求。随着全球物联网、智能汽车等领域的蓬勃发展，无线 传感SoC行业展现出强劲的增长势头。中国不仅是全球最大的汽车生产国和消费国，还拥有庞大的内需 市场和完整的产业链基础，已经成为世界汽车工业的重要一环。近年来，国家大力推动智能汽车及芯片 相关产业的发展，成为中国汽车无线传感SoC市场扩张的主要推动力。中国汽车无线传感SoC市场规模 近年来增长迅速。2024年全球汽车无线传感SoC市场规模29亿元，中国汽车无线传感SoC市场规模11亿 元；预计2025年全球汽车无线传感SoC市场规模将达36亿元，中国汽车无线传感SoC市场规模将达14亿 元。目前，在汽车无线传感SoC中，无线智能轮胎传感SoC（TPMS SoC）是最成熟的应用场景。2024 年，全球汽车无线TPMS SoC市场规模达到27亿元，占整个无线汽车传感SoC市场的93.1%；电池压力传 感芯片（BPSSoC）市场规模0.40亿元，占整个无线汽车传感SoC市场的1.38%。 上市企业：豪威集团(603501)、赛微电子[ ...

Group 1 - The core viewpoint of the news is that Muxi Co., Ltd. experienced a significant drop in stock price by 5.16% on December 18, with a trading volume of 5.408 billion yuan [1] - On December 18, Muxi Co., Ltd. had a financing buy amount of 460 million yuan and a financing repayment of 397 million yuan, resulting in a net financing purchase of 63.3 million yuan [1] - As of December 18, the total margin balance for Muxi Co., Ltd. was 869 million yuan, which represents 6.08% of its circulating market value [1] Group 2 - Muxi Co., Ltd. was established on September 14, 2020, and is located in the Pudong New Area of Shanghai, focusing on the research, design, and sales of full-stack GPU products for artificial intelligence training and inference, general computing, and graphics rendering [1] - The main revenue composition of Muxi Co., Ltd. includes 97.55% from training and inference GPU boards, 1.25% from intelligent computing inference GPU boards, 0.80% from other sources, 0.32% from training and inference GPU servers, and 0.08% from IP licensing [1] - As of December 17, the number of shareholders of Muxi Co., Ltd. was 25,100, which is an increase of 20,138.71% compared to the previous period [2] - For the period from January to September 2025, Muxi Co., Ltd. achieved an operating income of 1.236 billion yuan, representing a year-on-year growth of 453.52%, while the net profit attributable to the parent company was -346 million yuan, reflecting a year-on-year increase of 55.79% [2]

Core Viewpoint - The chip ETF Tianhong (159310) opened with a gain of 1.56%, indicating positive market sentiment towards semiconductor stocks [1] Group 1: ETF Performance - The Tianhong chip ETF (159310) opened at 2.015 yuan, reflecting a 1.56% increase [1] - Since its establishment on April 18, 2024, the fund has achieved a return of 98.17%, although it has seen a decline of 1.02% over the past month [1] Group 2: Major Holdings - Key holdings in the Tianhong chip ETF include: - SMIC (中芯国际) with a gain of 0.35% - Cambricon (寒武纪) up by 1.01% - Haiguang Information (海光信息) increasing by 1.18% - Northern Huachuang (北方华创) rising by 0.65% - Lattice Semiconductor (澜起科技) up by 1.91% - Zhaoyi Innovation (兆易创新) with a notable increase of 2.59% - OmniVision (豪威集团) rising by 0.53% - Chipone (芯原股份) increasing by 0.37% - JCET (长电科技) up by 0.84% [1]

Group 1 - The core viewpoint is that the upcoming launch of Google's TPU v7 series is expected to enhance its market share in the AI chip sector, amidst increasing competition in the AI chip market [1][2] - The TPU v7, named "Ironwood," features a peak performance of 4614 TFLOPs (FP8 precision), with a memory capacity of 192GB HBM3e and a memory bandwidth of 7.4TB/s, representing a 4.7 times performance increase compared to its predecessor [1] - The TPU v7 is designed for AI inference scenarios, supporting low-latency applications such as chatbots and smart customer service, while also being scalable for large model training [2] Group 2 - The launch of TPU v7 is anticipated to drive a transformation across the entire AI industry chain, impacting upstream demand for ASIC chips, PCBs, packaging, HBM, optical modules, cooling, and manufacturing [2] - Google aims to make its cloud services more cost-effective, faster, and more flexible to compete with Amazon AWS and Microsoft Azure, leveraging its TPU v7 for training and service of models like Gemini [2] - The competitive landscape in the AI chip market is expected to intensify, with Google positioned to increase its market share through the TPU v7 series [2]

Core Viewpoint - The A-share market opened with all three major indices rising, indicating a positive market sentiment at the start of the trading session [1] Group 1: Market Performance - The Shanghai Composite Index increased by 0.05%, reaching 3878.23 points [1] - The Shenzhen Component Index rose by 0.48% [1] - The ChiNext Index saw a gain of 0.89% [1] Group 2: Sector Movements - Trump Media Technology Group's involvement in nuclear fusion led to a significant surge of nearly 42%, energizing the controllable nuclear fusion sector [1] - Other sectors such as copper cable high-speed connections, storage chips, and CPO also opened high [1] - Conversely, gold and coal stocks experienced adjustments [1]

Group 1 - Google's AI models are performing exceptionally well, accelerating the evolution of self-developed chips and cluster solutions, which is expected to increase demand for liquid cooling systems [1][2] - The compatibility of TPU with PyTorch is being enhanced, significantly reducing migration costs for enterprises and expanding the market [2][3] - The release of TPUv7 and Gemini 3 series models marks a significant breakthrough for Google in the AI application field, with improved technical performance and a richer application ecosystem [2][3] Group 2 - There is a growing demand for TPUs, with companies like Anthropic and Meta planning to rent TPUs from Google, which will further drive the demand for ASICs [3] - Anthropic has announced a partnership with Google to deploy up to 1 million TPU chips for training its AI model Claude, with a projected computational capacity reaching 1GW by 2026 [3] - Meta is in discussions with Google to rent chips from Google Cloud, with investments potentially worth billions of dollars [3] Group 3 - The demand for optical fibers and cables is being driven by the ongoing iteration of AI large model training and the acceleration of AI application deployment, which is expected to lead to a recovery in prices [4] - The growth in demand for optical fibers and cables is linked to the increasing requirements for internal network connectivity in clusters and external data center interconnections [4] Group 4 - The company maintains a positive outlook on three core themes: "optical, liquid cooling, and domestic computing power," while also emphasizing the importance of satellite and edge AI [5] - Recommended stocks include a range of companies involved in these core themes, indicating a broad investment interest in the sector [5]

受业绩提振，美光科技收盘大涨10.2%。美国11月CPI低于市场预期，亦让股指得到提振。 微软、谷歌等24家公司加入美国政府的人工智能"创世使命"计划。 上天天基金APP搜索777注册即可领500元券包，优选基金10元起投！限量发放！先到先得！ 美东时间12月18日（周四），道指与标普500指数结束此前四连跌，美国三大股指全线收 涨。 美股收涨 11月CPI超预期 截至收盘，道指涨65.88点，涨幅为0.14%；纳指涨313.04点，涨幅为1.38%；标普500指 数涨53.33点，涨幅为0.79%。 市场十分关注首份涵盖美国政府停摆期间的CPI报告。美国11月未季调CPI同比升2.7%，预 期升3.1%；未季调核心CPI同比升2.6%，放缓至2021年以来最低水平，预期升3%。美国潜 在通胀率在11月份同比上涨，但增速为2021年初以来最低。 Fundstrat在周四数据发布前的一份报告中表示："温和的CPI数据将进一步印证美联储正专注 于保护就业市场。这意味着美联储对经济的'看跌期权'（Fed put）现已到位。换句话说，如 果美联储担忧经济面临下行风险，'美联储看跌期权'就会推动股市上涨。" 大型科技股 ...

【导读】美股三大股指收涨，大型科技股集体上涨；特朗普重申2028年登月目标 中国基金报记者 赵刚 综合整理 截至收盘，道指涨65.88点，涨幅为0.14%；纳指涨313.04点，涨幅为1.38%；标普500指数涨53.33点，涨 幅为0.79%。 市场十分关注首份涵盖美国政府停摆期间的CPI报告。美国11月未季调CPI同比升2.7%，预期升3.1%； 未季调核心CPI同比升2.6%，放缓至2021年以来最低水平，预期升3%。美国潜在通胀率在11月份同比上 涨，但增速为2021年初以来最低。 Fundstrat在周四数据发布前的一份报告中表示："温和的CPI数据将进一步印证美联储正专注于保护就业 市场。这意味着美联储对经济的'看跌期权'（Fed put）现已到位。换句话说，如果美联储担忧经济面临 下行风险，'美联储看跌期权'就会推动股市上涨。" 大型科技股集体上涨 大型科技股集体上涨。特斯拉涨超3%，亚马逊、脸书涨超2%，谷歌、英伟达涨近2%，微软涨超1%， 苹果涨0.13%。 | 苹果(APPLE) | 272.190 | 0.13% | | --- | --- | --- | | US AAPL | 271 ...

Market Overview - The US stock market saw all three major indices close higher, with the Dow Jones Industrial Average rising by 65.88 points (0.14%), the Nasdaq increasing by 313.04 points (1.38%), and the S&P 500 gaining 53.33 points (0.79%) [4] - Micron Technology's stock surged by 10.2% following strong earnings, contributing to the overall market uplift [6][11] Economic Indicators - The US Consumer Price Index (CPI) for November showed a year-over-year increase of 2.7%, below the expected 3.1%, while the core CPI rose by 2.6%, marking the lowest growth rate since 2021 [6] - Fundstrat noted that the moderate CPI data reinforces the Federal Reserve's focus on protecting the job market, suggesting that a "Fed put" is in place to support the stock market in case of economic downturns [6] Technology Sector - Major technology stocks experienced collective gains, with Tesla rising over 3%, Amazon and Facebook increasing by over 2%, and Google and Nvidia close to 2% [7] - A total of 24 leading AI companies, including OpenAI, Microsoft, Nvidia, and Amazon Web Services, have agreed to join the US government's "Genesis Mission" initiative aimed at enhancing AI applications in scientific discovery and energy projects [9] Semiconductor Industry - Micron Technology reported strong demand for its memory chips, exceeding market expectations for the first fiscal quarter [11] - The company anticipates that the total addressable market for high-bandwidth memory chips will reach $100 billion by 2028, with a compound annual growth rate of 40% [13] - Other semiconductor stocks also saw gains, with TSMC rising nearly 3% and ASML increasing by over 2% [14] - Morgan Stanley predicts that semiconductor stocks will continue to be one of the best-performing sectors in the US market next year, highlighting Nvidia, Broadcom, and Astera Labs as top picks [14]

周四，美股主要股指集体收高。美国11月通胀数据明显低于市场预期，强化了投资者对美联储明年降息 的押注，芯片制造商美光科技给出的强劲财测进一步点燃科技板块情绪，推动三大股指自三周低位反 弹。 来源：第一财经 【#美光科技狂飙10%#，芯片股领涨美股反弹，#通胀数据降温提振美国降息预期#】*美国11月CPI同比 涨幅和核心CPI均低于市场预期 *美光科技股价大涨10.2% *特朗普媒体与科技集团股价暴涨41% 截至收盘，道琼斯工业平均指数上涨65.88点，涨幅0.14%，报47951.85点；标普500指数上涨53.33点， 涨幅0.79%，报6774.76点；纳斯达克综合指数上涨313.04点，涨幅1.38%，报23006.36点。小盘股同步走 强，罗素2000指数上涨0.62%。 科技股成为当日市场的主要推动力。美光科技股价大涨10.2%，公司给出的季度利润指引接近分析师预 期的两倍，显示人工智能相关需求依旧强劲，带动费城半导体指数上涨2.6%。 ...