此外，同为"科技股七巨头"成员的亚马逊上涨约1%，此前监管文件显示著名投资者比尔-阿克曼的潘兴 广场（Pershing Square）基金在第四季度将其在这家电商巨头的持股增加了65%。这使得亚马逊成为该 基金的第三大重仓股。 在此之前，亚马逊遭遇连续九天的下跌。从2月2日到上周五，该股市值下跌了约18%，创下自2006年以 来最严重的连跌纪录，市值蒸发超过4500亿美元，原因是投资者质疑其人工智能支出计划的价值。 来源：环球市场播报 北京时间2月18日晚，美股周三早盘继续上扬，纳指上涨0.8%，科技股领涨。交易员正等待美联储最新 政策会议纪要的公布。 道指涨253.04点，涨幅为0.51%，报49786.23点；纳指涨192.76点，涨幅为0.85%，报22771.15点；标普 500指数涨40.83点，涨幅为0.60%，报6884.05点。 英伟达股价走高。周二有报道称，Meta Platforms宣布将在其数据中心建设中使用数百万块英伟达芯 片。 Keith Lerner表示："当我们审视各行业的远期盈利预测时，科技行业仍然是迄今为止最强劲的，过去四 个月里，预期增长了约20%。……我们仍然认为它值得被 ...

以下文章来源于投中网 ，作者黎曼 投中网 . 投中网是领先的创新经济信息服务平台，拥有立体化传播矩阵，为创新经济人群提供深入、独到的智识 和洞见，在私募股权投资行业和创新商业领域拥有权威影响力。官网：www.chinaventure.com.cn 本文来自微信公众号： 投中网 ，作者：黎曼，编辑：王庆武，头图来自：AI生成 Lee收到了一条好消息，"年终奖到账了。" 他列举了两个例子。一个2025年初才敲定的AI应用项目，此刻已在紧锣密鼓筹备IPO，账面浮盈是当 初投入的五六倍。还有一家专注认知智能的企业，估值在一年内完成了从4亿元到80亿元的"撑杆 作为一家VC机构的投资总监，Lee带着一丝久违的轻松："数额……大概追平了两年前吧。"他顿了 顿，"你知道，前两年基本没有。" 2023年，Lee主导投出的三个明星项目两个濒临破产，机构全年颗粒无收，年终奖自然成了泡影； 2024年，情况略有缓和，但奖金也仅象征性地发了张千元购物卡，聊胜于无。 转折发生在刚过去的2025年，Lee早期押注的一家AI边缘计算公司，乘着智能硬件与行业数字化的东 风，业绩狂飙，不仅顺利完成新一轮融资，也进入了券商辅导期，上市曙光初现。 ...

如果美国衰落，还轮得到犹太资本陪葬？ 这群金融圈最精明的掘金者，早已用脚投票，把美元留在记忆里，把资产转进了两片新战场：以色列和中国。 我们看到的不过是冰山一角，真正的大动作，早就悄悄发生了。 美元的衰败，背后躺的是美国基本面的空心，而犹太资本，向来只看价值和走势，不讲情怀。 2026年1月9日，美国债务飙破38.4万亿美元，这已经不是"负债累累"，而是"生来为债"，靠发新债偿旧债，一睁眼就是"借明天的钱活今天"。 美国买得多、卖得少。美国的制造业跑了，自己干不出啥货，全球化收割也走到头。它越来越像个炒股失败的中产：账上空空，期望高高。 于是全球资本开始自问我手里这些美元资产，还靠得住吗？ 美债遭减持，美元作为全球结算货币的"金身"开始锈蚀。曾经支撑"石油美元"帝国的基石，如今也开始动摇。 这背后最先做出反应的，就是犹太资本，他们是华尔街引擎，是"美元体系"的最大动力源。资本逐利而不讲感情，只要美国不再是最安全的地方，他们会毫 不犹豫换地方。 所以，今天我们看到犹太资本在两条战线上布局：一条回归血脉，投向"精神祖国"以色列；另一条直奔东亚，将战略目光深锁中国。 以色列，从地理上看，它盘踞在中东关键节点；从资源 ...

本文源自：市场资讯 作者：观察君 在增持AI相关标的的同时，段永平对原有持仓进行了结构性调整。苹果仍为其第一大重仓股，持仓市 值达87.97亿美元，占比50.3%，但四季度减持了247.06万股，幅度为7.09%。伯克希尔·哈撒韦则获大幅 增持198.5万股，增幅38.24%，稳居第二大重仓股，占比20.63%。此外，段永平增持了谷歌和拼多多， 同时大幅减持了阿斯麦，减持幅度达87.63%。 今年1月初，段永平曾表示："新的一年里，需要认真学习一下怎么使用AI，希望能让自己能理解AI到 敢下重注的地步。这玩意儿真是越用越觉得有意思，感觉世界有点不一样了。" 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 根据美股机构投资者13F持仓披露文件，截至2025年12月31日，知名投资人段永平管理的H&H International Investment持仓总市值约174.89亿美元，折合人民币超1200亿元。这份四季度持仓报告显 示，段永平在延续其价值投资框架的同时，正加速向人工智能领域倾斜。 英伟达是本季度段永平加仓力度最大的标的。13F文件显示，四季度段永平增持663 ...

Appaloosa Management的David Tepper在去年第四季度大举押注人工智能相关投资，大幅增持美光科技并新建韩国股票头寸，这两项投资今年均表 现强劲。 这位亿万富翁对冲基金经理将美光科技的持仓提升至4.28亿美元，增幅达200%，使这家AI系统关键内存芯片制造商成为该基金第四大持仓，据 InsiderScore数据显示。全球内存短缺推动美光股价今年已上涨近30%。 与此同时，Tepper新建了价值1.823亿美元的iShares MSCI韩国ETF（EWY）头寸。该ETF主要持有三星电子和SK海力士等芯片巨头，今年已飙升 34%，上周刚创下新高，吸引了寻求海外AI受益标的的投资者。 这些芯片相关投资的强劲表现与市场其他板块形成鲜明对比。软件股今年已大幅下挫，投资者担忧最新AI模型将冲击该行业依赖高收费的商业模 式。 | Filter | LL Columns Export C | | | | | | --- | --- | --- | --- | --- | --- | | Stock = | Company Name = | % of Portfolio ▼ | Shares Owned ...

2022 年 2 月，双方宣布终止收购协议。由软银集团（SFTBY）控股的安谋随后推进了公开上市计划。 作为全球市值最高的企业，英伟达已成为科技全行业的重要投资方。该公司持有英特尔（INTC）、诺 基亚（NOK）、CoreWeave（CRWV）和新思科技（SNPS）等多家公司股份，并承诺利用自身资金加 速人工智能计算的普及。 责任编辑：郭明煜 英伟达公司（NVDA）出售了所持安谋控股（Arm） 的最后一批股份。五年前，英伟达曾试图收购这 家芯片技术公司，但最终未能成功。 一份监管文件显示，英伟达抛售了110 万股安谋股票，按安谋周二收盘价计算价值约1.4 亿美元。此次 减持发生在去年第四季度某个时间，完成后英伟达持股比例降至零。 英伟达拒绝置评，安谋方面也未立即回应媒体的置评请求。 此举为两家公司一段波折重重的往事画上句号。英伟达曾在2020 年同意以400 亿美元收购安谋，这笔交 易原本有望成为芯片行业史上规模最大的一笔收购。但该交易几乎刚一宣布就遭到监管机构与客户的反 对。安谋的技术支撑着全球大部分先进半导体，其中立独立地位被视为关键。 责任编辑：郭明煜 一份监管文件显示，英伟达抛售了110 万股安谋股票 ...

Appaloosa Management的David Tepper在去年第四季度大举押注人工智能相关投资，大幅增持美光科技并新建韩国股票头寸，这两项投资今年均表 现强劲。 这位亿万富翁对冲基金经理将美光科技的持仓提升至4.28亿美元，增幅达200%，使这家AI系统关键内存芯片制造商成为该基金第四大持仓，据 InsiderScore数据显示。全球内存短缺推动美光股价今年已上涨近30%。 与此同时，Tepper新建了价值1.823亿美元的iShares MSCI韩国ETF（EWY）头寸。该ETF主要持有三星电子和SK海力士等芯片巨头，今年已飙升 34%，上周刚创下新高，吸引了寻求海外AI受益标的的投资者。 这些芯片相关投资的强劲表现与市场其他板块形成鲜明对比。软件股今年已大幅下挫，投资者担忧最新AI模型将冲击该行业依赖高收费的商业模 式。 其他主要持仓调整 阿里巴巴仍是Appaloosa的头号重仓股，尽管Tepper在第四季度减持了20%。这家中国互联网巨头今年上涨6%。 Alphabet是该基金第二大持仓，Tepper将持股比例提高了约29%。但Alphabet今年表现落后，受到科技板块整体压力的拖累。 | F ...

Group 1 - Nvidia has sold all of its shares in Arm, totaling 1.1 million shares valued at approximately $140 million based on Arm's closing price [1] - Nvidia's attempt to acquire Arm for $40 billion in 2020 was thwarted by regulatory and customer opposition, leading to the termination of the agreement in February 2022 [1] - Arm, which is crucial for advanced semiconductor technology, is now pursuing its IPO plans under the ownership of SoftBank [1] Group 2 - Nvidia has made strategic investments in Intel, Synopsys, and Nokia, enhancing its presence in key areas such as chip manufacturing, EDA tools, and communication infrastructure [2] - Nvidia's investment in Intel amounts to approximately $5 billion, representing a 4.91% stake, aimed at strengthening AI computing capabilities [2] - The investment in Synopsys is around $2 billion, focusing on securing the chip design tool ecosystem [2] - Nvidia holds about 2.9% of Nokia, targeting the integration of AI with next-generation 5G/6G networks [2]

Core Insights - Meta has entered a large-scale agreement to utilize millions of NVIDIA chips, including the new standalone CPU and the next-generation Vera Rubin system, in its AI data centers [1][2] - The financial terms of the agreement have not been disclosed, but it is expected to be in the hundreds of billions range, with a significant portion of Meta's capital expenditure directed towards this collaboration [1][2] - This partnership marks a significant expansion of the existing collaboration between Meta and NVIDIA, which has been ongoing for at least a decade [1] Group 1 - The standalone CPU is a major highlight of this collaboration, making Meta the first company to deploy NVIDIA's Grace CPU as a standalone chip in data centers [1][2] - The next-generation Vera CPU is planned for deployment by Meta in 2027, as part of a broader commitment to invest $600 billion in data centers and supporting infrastructure in the U.S. by 2028 [2] - Meta plans to build 30 data centers, with 26 located in the United States [2] Group 2 - Two major AI data centers are currently under construction: the 1 GW Prometheus project in New Albany, Ohio, and the 5 GW Hyperion project in Richland Parish, Louisiana [3] - The agreement includes NVIDIA's Spectrum-X Ethernet switches for high-speed GPU interconnectivity within large AI data centers [3] - Meta will also leverage NVIDIA's security capabilities to support AI functionalities in WhatsApp [3] Group 3 - Meta is not solely reliant on NVIDIA, as it is also considering using Google's Tensor Processing Units (TPUs) in its data centers by 2027, which previously caused NVIDIA's stock to drop [3] - The company is developing its own chips and utilizing AMD products, especially as AI companies seek alternative supply channels amid NVIDIA's supply constraints [3] - NVIDIA's current Blackwell GPUs have been in short supply for several months, while the next-generation Rubin GPUs have recently entered production [3] Group 4 - Through this agreement, Meta has secured a sufficient supply of chips and will engage in deep joint design with NVIDIA's engineering team to optimize and accelerate cutting-edge AI model training and inference [4] - Meta is developing a new cutting-edge model, codenamed Avocado, as a successor to its Llama series AI technology [5] - Recent fluctuations in Meta's stock price have raised concerns on Wall Street regarding its AI strategy, with significant price movements following the announcement of ambitious AI investment plans [5]

Core Viewpoint - Meta and Nvidia have established a long-term partnership focusing on local deployment, cloud, and AI infrastructure, marking a significant expansion of their technological collaboration [1][5]. Group 1: Partnership Details - Meta will build ultra-large-scale data centers optimized for training and inference to support its long-term AI infrastructure roadmap [3]. - The collaboration will involve the deployment of millions of Blackwell and Rubin GPUs, as well as Nvidia's Grace CPUs, with Nvidia's Spectrum-X Ethernet switches integrated into Facebook's open switching system [3]. - This partnership represents the first large-scale deployment of Nvidia's Grace and aims to enhance the energy efficiency of AI computing [3][6]. Group 2: Strategic Implications - Meta is expected to allocate a significant portion of its projected capital expenditure of up to $135 billion this year towards expanding Nvidia's data centers [7]. - The large-scale adoption of Nvidia's chips validates Nvidia's "full-stack" infrastructure strategy, which includes both CPU and GPU [7]. - Despite the partnership, Meta is also exploring alternatives, including the potential use of Google's Tensor Processing Units (TPUs) in its data centers by 2027 [7][8]. Group 3: Market Reactions - Following the announcement, both Meta and Nvidia's stock prices rose in after-hours trading, while AMD's stock fell over 4% [3].