编辑 | 夏木 美股齐涨 周三美股小幅收高，投资者等待英伟达收盘后发布的季度财报；与此同时，美联储10月会议纪要公布 后，美国国债收益率上升。截至收盘，道指涨47.03点，涨幅0.10%，报46138.77点，纳指涨0.59%，报 22564.23点，标普500指数涨0.38%，报6642.16点。道指、标普500指数结束日线四连阴。 明星科技股普涨，谷歌涨2.8%并创下历史新高。这得益于市场对其新一代人工智能模型 Gemini 3 的乐 观预期，该模型已于周二推出。 芯片巨头英伟达涨2.8%。公司于盘后发布的财报显示，营收和盈利均超出华尔街预期，并给出强劲的 四季度营收指引。盘后大涨超5%。 近期，由于市场担忧估值过高，科技股（尤其是人工智能相关个股）备受压力。"这份财报可能成为 （人工智能）相关交易的成败关键，"D.A.戴维森在给客户的报告中表示。 "鉴于英伟达对全球股市情绪的巨大影响 ——尤其是在人工智能、芯片及更广泛的科技板块领涨方面 ——其财报结果要么能缓解市场焦虑，要么会增添新的不确定性。"盛宝银行在报告中称，"强劲的数据 可能通过恢复市场对增长及人工智能相关主题的信心来降低波动性，而任何不及预期 ...

港股晨报 港股回顾 点，跌幅随即扩大至 247 点，低见 23730 点，其后跌幅 一度收窄至仅 20 点，午后大盘走势偏软，尾盘沽压再 度扩大。截至收盘，恒指收报 23831 点，下跌 145 点或 0.61%；国指收报 9656 点，下跌 47 点或 0.49%，大市 成交进一步减至 827.99 亿。港股通录得净流入资金 4.84 亿，其中港股通(沪)净流入 2.83 亿，港股通(深)净 流入 2.01 亿。板块方面，本地地产、软件、5G 概念板 块跌幅靠前；黄金股逆市走强。 周三港股股指震荡走低，恒生指数收跌 0.38%， 报 25830.65 点；恒生科技指数下跌 0.69%；恒生 中国企业指数下跌 0.26%。市场成交额 2114.26 亿港元，南向资金净买入 65.91 亿港元。恒生指 数成分股中 34 只上涨，53 只下跌。跌幅方面， 小米集团下跌 4.8%，市场对其智能手机和汽车业 务增长持续性存疑；创科实业下跌 2.8%；理想汽 车下跌 2.6%。 | 港股回顾 五震荡走低，险守二十天线。恒指随外围低开 132 | | | | | | | | | | | --- | --- | --- | ...

有报道称内置AI的玩具提供危险不当指导后，OpenAI切断该开发者访问权限；此举加剧了针对AI的审 查压力。目前OpenAI的合作伙伴美泰（MAT）正在探索AI玩具。（新浪财经） 【观网财经丨智能早报 11月17日】 大疆辟谣"投资者活动"传闻：Avata 360仅为内部体验会 从大疆处获悉，11月中旬，大疆举行了一场内部产品体验活动，核心内容为尚未发布的全景无人机新品 Avata 360，活动性质为内部体验，并非外界所称的投资者会议。大疆指出，近期有媒体援引第三方信 息称公司"就待发布全景无人机召开投资者活动"，并引用了"全球消费级无人机盈利企业只有一家""大 疆不需要跟任何公司联合把这件事做大""Avata 360上市后，在价格上将直接和影石创新无人机影翎 Antigravity贴身肉搏"等表述。大疆表示，上述内容均与事实严重不符，公司保留追责权利。（智通财 经） OpenAI暂停玩具制造商权限，因AI泰迪熊不安全 公司发布的2025财年第三季度财报显示，无论是营收、利润还是对下一季度的展望，均显著高于市场预 期。财报公布后，公司股价在盘后交易中一度上涨4%，反映出资本市场对其AI周期延续的强烈信心。 英 ...

Group 1 - The core viewpoint of the news highlights the strong performance of AI-related stocks in the Hong Kong market, with significant gains observed in companies like InnoCare, Kingsoft Cloud, and SMIC, indicating a bullish sentiment in the AI sector [1][3] - Nvidia reported impressive financial results, with a net profit of $31.91 billion, a year-on-year increase of 65%, which has boosted market confidence in the continuation of the AI cycle [3] - The launch of the first Hong Kong ETF focused on the semiconductor industry, which tracks the "Hong Kong Technology Comprehensive Index," is seen as a strategic move to capitalize on the growing AI and semiconductor market [3][5] Group 2 - The new ETF (159131) has a composition of 70% hardware and 30% software, heavily investing in semiconductor and electronic companies, with significant weights assigned to SMIC (20.27%), Xiaomi (9.11%), and Hua Hong Semiconductor (5.64%) [3] - The ETF excludes major internet companies like Alibaba, Tencent, and Meituan, allowing for a sharper focus on AI hard technology trends in the Hong Kong market [3] - The current timing is viewed as optimal for the development of domestic chips, with expectations for advancements in manufacturing processes and chip architecture to enhance overall domestic computing power [3]

Core Viewpoint - The chip ETF Tianhong (159310) opened with a gain of 1.82%, indicating positive market sentiment towards semiconductor stocks [1] Group 1: ETF Performance - The Tianhong chip ETF (159310) opened at 2.018 yuan, reflecting a 1.82% increase [1] - Since its establishment on April 18, 2024, the fund has achieved a return of 98.22% [1] - The fund's performance over the past month has seen a decline of 1.40% [1] Group 2: Major Holdings - Key stocks in the Tianhong chip ETF include: - SMIC (中芯国际) up 1.47% - Cambricon (寒武纪) up 2.18% - Haiguang Information (海光信息) up 2.47% - Northern Huachuang (北方华创) up 1.12% - Lattice Semiconductor (澜起科技) up 2.48% - Zhaoyi Innovation (兆易创新) up 2.46% - Zhongwei Company (中微公司) up 1.28% - OmniVision (豪威集团) up 0.83% - Chipone (芯原股份) up 2.68% - Changdian Technology (长电科技) up 1.09% [1]

公众号记得加星标⭐️，第一时间看推送不会错过。 骁龙 X2 Elite 最初将推出三种版本：18 核至尊版、18 核基础版骁龙 X2 Elite 以及配备缩减版 GPU 的 12 核 X2 Elite。该芯片采用台积电 N3 工艺制造，包含约 310 亿个晶体管。根据我的数显卡尺测 量，其芯片尺寸约为 13.3mm x 16.5mm（219.5mm²）。 骁龙 X2 Elite 系列处理器也将提供不同的内存配置。高端的骁龙 X2 Elite Extreme 将始终配备最高 128GB 的封装内存，采用 192 位内存接口，运行速度高达 9,533MT/s。高通表示，这将是性能最强 的配置。12 核和 18 核的标准版骁龙 X2 Elite 将采用封装内存或独立内存，并支持 LPCAMM 技 术，从而为合作伙伴提供更大的系统设计灵活性。 | Snapdragon | | 310 Gen Qualcomm Oryon CPU Prime Core | | 310 Gen Qualcomm Oryon CPU Performance Core | | | --- | --- | --- | --- | --- | ...

Core Viewpoint - The article emphasizes the importance of intellectual property (IP) as a core measure of regional innovation capability and a key support for cultivating new productive forces in Wuhan, which has been approved to build a national intellectual property protection highland in January 2024 [1]. Group 1: Intellectual Property Protection Initiatives - Wuhan's Intellectual Property Protection Center provides "one-on-one" precise services to support national laboratories and strategic technological forces, facilitating rapid examination and confirmation of invention patents [2]. - By October 2025, the center has processed 118 pre-examination cases, granting 94 patents, with 247 patents in cutting-edge fields entering a fast-track examination "green channel," significantly reducing the time from application to authorization [2]. - The center has established a regular contact mechanism with national and provincial laboratories, forming a specialized team of legal, practical, and data analysis experts to provide comprehensive services from application to rights protection [2]. Group 2: Batch Pre-examination and Efficiency - In February 2024, Wuhan's Intellectual Property Protection Center was approved as a national pilot unit for batch pre-examination of invention patent applications, completing 311 cases with an average pre-examination period of about 2 days, achieving a 70% reduction in overall examination time by October 2025 [3][4]. - The pilot focuses on key projects and major enterprises, including Huazhong University of Science and Technology and Changfei Fiber, covering critical technologies such as semiconductors and humanoid robots [3]. - The center has implemented a collaborative pre-examination mechanism involving R&D personnel, patent agents, and examiners, enhancing communication efficiency and examination quality [3]. Group 3: High-Value Patent Cultivation - By 2025, Wuhan has established 59 high-value patent cultivation centers at provincial and municipal levels, covering strategic emerging industries such as optoelectronic information and artificial intelligence [5]. - These centers serve as both sources of patent output and connectors for technology transfer, exemplified by a patent that generated over 100 million yuan in product value and was licensed to major companies globally [5]. - The city conducts regular seminars on patent analysis, layout, and transformation, promoting a closed-loop ecosystem of "technology R&D—patent protection—industry application" [5]. Group 4: Intellectual Property Navigation and Resource Activation - The city focuses on patent navigation in industries like Beidou and humanoid robots, aligning patent layout with industry needs [6]. - The National Optoelectronic Industry Intellectual Property Operation Center has evaluated over 25,000 patents, facilitating 1,158 cooperation intentions and effectively activating existing patent resources [6]. Group 5: High-Value Invention Patents Statistics - As of June 2025, Wuhan has an average of 44.15 high-value invention patents per 10,000 people, indicating rapid creation, strict protection, and efficient utilization of intellectual property as a core support for building a national science and technology innovation center [7].

全球市值最大的公司英伟达发布了强劲的当期营收展望，有助于平息对人工智能投资热可能崩盘的忧 虑。 这家芯片制造商周三在声明中表示，截至1月的第四财季，收入预计约为650亿美元。 分析师平均预估为620亿美元，其中有些预测高达750亿美元。 上述展望显示，市场对英伟达人工智能加速器的需求依然旺盛。 这类高价高性能芯片被用于开发AI模型。业界越来越担心对此类设备的投入失控。 美国已批准向阿联酋人工智能(AI)公司G42及地区竞争对手沙特阿拉伯的Humain出售数万块先进AI芯 片。此举将显著推动这两个海湾国家实现其成为科技领域重要参与者的雄心。美国商务部周三表示，已 批准向沙特阿拉伯和阿拉伯联合酋长国的两家公司出口先进的人工智能芯片， 相当于35,000颗英伟达的 Blackwell芯片。当天早些时候，沙特政府支持的人工智能公司HUMAIN表示，计划购买60万颗英伟达 人工智能芯片。 英伟达业绩展望发布后，英伟达股价盘后上涨5%。该股今年截至收盘累计上涨39%。 英伟达相关产业链港股： 英诺赛科(02577)：英诺赛科是氮化镓(GaN)功率半导体龙头企业，以收入计去年全球市佔达30%属最 大。美银证券看好英诺赛科长 ...

全球市值最大的公司英伟达发布了强劲的当期营收展望，有助于平息对人工智能投资热可能崩盘的忧 虑。 这家芯片制造商周三在声明中表示，截至1月的第四财季，收入预计约为650亿美元。 分析师平均预估为620亿美元，其中有些预测高达750亿美元。 上述展望显示，市场对英伟达人工智能加速器的需求依然旺盛。 这类高价高性能芯片被用于开发AI模型。业界越来越担心对此类设备的投入失控。 智通财经APP获悉，美国已批准向阿联酋人工智能(AI)公司G42及地区竞争对手沙特阿拉伯的Humain出 售数万块先进AI芯片。此举将显著推动这两个海湾国家实现其成为科技领域重要参与者的雄心。美国 商务部周三表示，已批准向沙特阿拉伯和阿拉伯联合酋长国的两家公司出口先进的人工智能芯片， 相 当于35,000颗英伟达的Blackwell芯片。当天早些时候，沙特政府支持的人工智能公司HUMAIN表示，计 划购买60万颗英伟达人工智能芯片。 比亚迪电子(00285)：根据英伟达博客所述，英伟达及其合作伙伴正推动下一代高效能吉瓦级AI工厂的 建设，以支持Vera Rubin计划的发展。英伟达推出了一款新型800VDCAI服务器架构，预计将于2027年 上 ...

牛市来了还没上车？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1 1 月 19 日 ，美国三大股指 集体收涨，标普500指数止住连续4日下跌态势。 昨夜今晨，全球金融市场迎来了最受关注的美联储会议纪要和英伟达季度财报。 美联储方面，会议纪要显示，美联储12月降息25个基点的概率已降至三成。 作为人工智能风向标，英伟达最新季度财报超预期，盘后美股芯片股普涨， 黄仁勋 直言 Blackwell的销量爆表，云GPU更是全部售罄。 美国三大股指齐涨 美国三大股指 集体收涨 。截至收盘，道指 涨0.1 %，标普500指数 涨0.38 %，纳指 涨 0.59 %。 板块方面， 大型科技股 涨跌互现， 万得美国科技七巨头指数 涨0.87 % 。其中，英伟达涨 2.85%，谷歌涨2.82%；微软跌1.36%，脸书跌1.23%。 | | 序号 代码 | 名称 | 现价 | 涨跌幅 ▼ | 年初至今 | 总市值1 | | --- | --- | --- | --- | --- | --- | --- | | 1 | NVDA | 英伟达(NVIDIA) | 186.520 ...