证券日报网讯赛微电子（300456）11月18日在互动平台回答投资者提问时表示，公司是一家业界领先、 自主可控、采用"Pure-Foundry"模式、国际化运营的MEMS芯片专业制造厂商，一直致力于为通信计 算、生物医疗、工业汽车、消费电子等各领域客户(包括知名巨头厂商及新兴中小厂商)提供一流的 MEMS工艺开发及晶圆制造服务。 ...

Market Overview - Major U.S. index futures are experiencing declines, with Dow futures down 0.26%, S&P 500 futures down 0.29%, and Nasdaq futures down 0.38% [1] Chinese Stocks Performance - Chinese stocks are mixed in pre-market trading, with Alibaba up 0.71% following the public testing of its Qianwen App, and Baidu rising 3% after reporting Q3 revenue of 31.2 billion yuan, with AI business revenue showing over 50% growth [1] - Xiaopeng Motors fell 1.92% after reporting a narrower Q3 loss of 381 million yuan, with adjusted losses of 150 million yuan, and projected Q4 revenue of 21.5 to 23 billion yuan, which is below market expectations [1] Gold Price Movement - Gold prices have fallen for four consecutive days, dipping below $4,000 per ounce, with a decline of 1.14% on November 18 [1] Company Earnings and Forecasts - Amer Sports, the parent company of Arc'teryx, is expected to report Q3 earnings with an anticipated EPS of $0.25, up from $0.14 year-on-year, and revenue projected at $1.73 billion, reflecting over 28% growth [2] AI Industry Insights - OpenAI has been ranked as the second most likely startup to fail at the Cerebral Valley Summit, indicating concerns within the AI sector [2] Aerospace Industry Developments - Dubai Airlines has placed an order for 150 Airbus A321neo aircraft, challenging Boeing's dominance in the Middle Eastern aviation market, leading to a 0.3% drop in Boeing's stock [2] Employment Data - The U.S. initial jobless claims for the week ending October 18 totaled 232,000, with continuing claims at 1.957 million, reflecting a slight increase from the previous week [3] Semiconductor Industry News - GlobalFoundries has announced the acquisition of Singapore-based Advanced Micro Foundry (AMF), positioning itself as the largest silicon photonics foundry by revenue [3] Cryptocurrency Market Update - Bitcoin has fallen below the $90,000 mark for the first time in seven months, reaching a low of $89,673.47, marking a nearly 30% decline since its peak in early October [3]

Core Insights - Gold continues its downward trend, seeking to retest the $4000 mark amid a strong dollar and hawkish comments from the Federal Reserve [1][2][3] Market Sentiment - Gold closed below the 21-day moving average on Monday, with the daily RSI turning bearish, indicating weakness as it extends a four-day decline [2] - Risk aversion in the market has supported the dollar, which has suppressed gold prices [4] Federal Reserve Influence - The Federal Reserve's recent hawkish comments have impacted gold prices, with expectations for a 25 basis point rate cut in December dropping to 42% [5] - Fed Vice Chair Philip Jefferson emphasized the need for a "slow progression" towards further rate cuts, influencing market sentiment [5] Economic Data and Future Outlook - The upcoming U.S. non-farm payroll report is a key event, with the market eager for insights into the labor market, especially following a series of weak private sector employment data [6] - Despite a slight rebound in gold prices due to a drop in the 10-year U.S. Treasury yield, the outlook remains bearish as the dollar is expected to remain strong ahead of the economic data release [6] Technical Analysis - Gold is trading at $4022.86, with the 21-day simple moving average at $4048.65 indicating short-term momentum weakness [9] - Key resistance levels are identified at $4075.05 and $4133.50, while the 50-day moving average at $3954.55 serves as a support level [9]

Core Insights - The article highlights the significant growth in the renewable energy sector, driven by increased investments and technological advancements [1][2][3] Industry Overview - The global renewable energy market is projected to reach $2.15 trillion by 2025, growing at a CAGR of 8.4% from 2020 [4][5] - Solar and wind energy are leading the growth, accounting for over 70% of new capacity additions in 2021 [6][7] - Government policies and incentives are playing a crucial role in accelerating the adoption of renewable technologies [8][9] Company Developments - Major companies in the renewable sector, such as Company A and Company B, reported a combined revenue increase of 15% year-over-year in Q3 2023 [10][11] - Company A announced plans to expand its solar panel production capacity by 50% to meet rising demand [12][13] - Company B secured a $500 million investment to develop offshore wind projects, aiming to increase its market share [14][15] Market Trends - There is a growing trend towards energy storage solutions, with the market expected to grow from $9.5 billion in 2020 to $23 billion by 2026 [16][17] - Electric vehicle (EV) adoption is also driving demand for renewable energy, with projections indicating that EV sales will reach 30 million units by 2030 [18][19] Challenges and Opportunities - The industry faces challenges such as supply chain disruptions and regulatory hurdles, which could impact growth [20][21] - However, the increasing focus on sustainability presents opportunities for innovation and investment in clean technologies [22][23]

Core Viewpoint - GlobalFoundries has acquired Advanced Micro Foundry (AMF), a Singapore-based chip manufacturer specializing in silicon photonics, a rapidly growing field relevant to AI data centers and quantum computers [1][3]. Group 1: Acquisition Details - The financial details of the acquisition have not been disclosed by GlobalFoundries [1]. - The acquisition is expected to position GlobalFoundries as the largest manufacturer of silicon photonic devices globally [3]. Group 2: Technology and Market Implications - Silicon photonics technology integrates traditional computing chip technology with optical network technology that uses light pulses for data transmission [3]. - Companies like NVIDIA are collaborating with TSMC to package network chips with optical connections, indicating a trend towards advanced data transmission technologies [3]. - Several well-funded Silicon Valley startups, including Ayar Labs, Celestial AI, and Lightmatter, are focusing on optical interconnect technology, with some choosing GlobalFoundries as their chip manufacturer [3]. Group 3: Future Developments - GlobalFoundries plans to establish a new R&D center in Singapore following the acquisition of AMF [3]. - The CEO of GlobalFoundries, Tim Breen, emphasized the importance of high-speed, precise, and energy-efficient data transmission for AI data centers and advanced telecom networks [3].

美联储在2025年的首场议息会议上"按兵不动"，将联邦基金利率目标区间维持在4.25%至4.5%之间。这标志着自2024年9月连续降息以来，美联储首次按下 暂停键。 美联储主席鲍威尔在记者会上表示，"美国通胀水平在过去两年明显缓解，但相对于美联储设定的2%通胀目标'仍然有些高'"。尽管通胀仍保持一定程度的高 企，但市场普遍认为美联储此轮加息周期已告终结。 美联储货币政策正站在十字路口。2025年美联储首次议息会议结果出炉，维持利率不变符合市场普遍预期。 随着美联储货币政策转向的预期升温，全球资金正悄然重新布局，亚洲市场迎来新一轮投资机遇。 与以往不同的是，美联储在声明中删除了"通胀向2%目标回落并取得进展"的表述，取而代之的是对"再通胀"风险增加的评估。 鲍威尔强调，美联储不需要急于调整政策立场，特别是在经济保持强劲的情况下。他明确指出，需要看到 "通胀真正取得进展或劳动力市场出现一些疲 软"，美联储才会考虑做出调整。 美联储内部对于降息路径的分歧日益明显。高盛的基准预测是，美联储将于今年6月和12月进行两次25个基点的降息，然后在2026年降息一次，最终利率为 3.5%至3.75%。 在美联储货币政策转向的 ...

继软银清仓、桥水大幅减持英伟达后，亿万富翁、硅谷最具影响力的投资人之一Peter Thiel（彼得·蒂 尔）也已清仓离场。 多位投资巨头的接连减持，无疑向狂热的AI市场发出了一个明确的谨慎信号。 根据向美国证券交易委员会（SEC）提交的最新13F持仓报告，Thiel Macro LLC在第三季度完全退出 了对英伟达的投资。 这一举动尤为引人注目，因为它发生在英伟达市值突破5万亿美元、华尔街分析师普遍将其视为"不可动 摇"的领头羊之际。并且，11月19日英伟达即将发布最新财报。 与清仓同步进行的，是一次彻底的投资组合重塑。该基金大幅削减了其美股总持仓，从第二季度的约 2.12亿美元降至仅7440万美元。与此同时，基金建立了在微软和苹果的大额新头寸。 投资组合大换血：清仓AI龙头，总持仓缩水三分之二 Thiel Macro LLC在第三季度的操作堪称激进。文件显示，该基金不仅清仓了占其上一季度投资组合权 重高达40%的英伟达、卖出了全部53.77万股，还抛售了另一笔占权重19%的重要持仓Vistra Energy。 此举与英伟达自身强劲的基本面形成了鲜明对比。据报道，英伟达的季度销售额从393亿美元飙升至467 ...

Core Viewpoint - The recent export regulations from the Netherlands regarding deep ultraviolet (DUV) lithography equipment have significant implications for the global semiconductor industry, particularly affecting China's access to advanced chip-making technology [1][2][4]. Group 1: Export Regulations and Impact - The Netherlands will raise the export threshold for DUV equipment from 7nm to 14nm by October 31, 2025, requiring licenses for mid-range models like 1970i and 1980i, with approval times extended to 90 days or more [1][2]. - The new regulations not only restrict equipment but also cover associated tools and software upgrades, effectively locking down the entire advanced manufacturing process [2][4]. - ASML, the leading lithography equipment manufacturer, is expected to see its revenue from the Chinese market drop from over 40% to below 25% by 2025 due to these restrictions [2][4]. Group 2: China's Response and Adaptation - In response to the restrictions, China's semiconductor industry is accelerating its self-sufficiency efforts, with a projected 20% increase in semiconductor equipment investment in 2025 [6][10]. - Domestic companies like Shanghai Micro Electronics are advancing DUV technology to cover 65nm and 28nm processes, with the introduction of the electron beam lithography machine "Xizhi" marking progress in quantum and early semiconductor tools [6][8]. - SMIC is adjusting its procurement strategy to reduce reliance on foreign DUV equipment, with domestic equipment now accounting for over 35% of its orders [8][10]. Group 3: Industry Dynamics and Future Outlook - The tightening of export controls reflects a broader geopolitical struggle, with the U.S. and its allies attempting to maintain technological dominance while China seeks to establish itself as a rule-maker in the semiconductor space [4][13]. - The semiconductor ecosystem is expected to undergo significant restructuring, with companies like ASML facing challenges as they navigate the new regulatory landscape [2][14]. - Despite the immediate impact of the Dutch regulations, the long-term outlook for China's semiconductor industry remains optimistic, with plans to triple production capacity by 2026 and significant investments in domestic EUV technology [10][14].

Group 1 - The article highlights that former President Trump purchased at least $82 million in corporate and municipal bonds between late August and early October, with a total potential investment exceeding $337 million based on upper limit estimates [2][3]. - The bonds acquired by Trump span multiple industries, including those benefiting from his administration's policy adjustments, such as financial deregulation [3]. - Specific companies whose bonds were purchased include semiconductor manufacturers like Broadcom and Qualcomm, tech companies like Meta, retail firms such as Home Depot and CVS Health, and Wall Street banks like Goldman Sachs and Morgan Stanley [3]. Group 2 - Following the U.S. government's investment in Intel, Trump also bought bonds issued by Intel, indicating a direct connection between his investment activities and government actions [4]. - Trump has reported over $100 million in bond purchases since returning to the presidency, with significant income generated from various business ventures, including cryptocurrency and golf course properties, totaling over $600 million [5]. - Unlike his predecessor, Trump has not divested assets or placed them into a blind trust, with his business empire currently managed by his two sons, which raises potential conflict of interest concerns [5].

继日本首富、软银孙正义后，又一亿万富翁出手，清仓了AI领域的核心龙头股——英伟达。 周末披露的文件显示，亿万富翁彼得·蒂尔（Peter Thiel）已经出售了其对英伟达（Nvidia）的全部持 股。 蒂尔是金融科技巨头 Paypal和国防AI公司Palantir的联合创始人，在投资领域也成绩斐然，不仅创立了 Founders Fund 等知名投资基金，还精准押注众多明星企业，比如早期投资 Facebook并获得巨额回报， 有着 "硅谷风投教父" 的称号。 蒂尔创立的蒂尔宏观基金（Thiel Macro Fund）提交的13F文件显示，蒂尔在7月至9月期间出售了约 537742股英伟达股票（占其投资组合的近40%），截至9月30日，他已不再持有英伟达任何股份。 相关测算显示，基于英伟达7月至9月期间的平均股价，此次出售股份的价值接近1亿美元。 目前尚不清楚蒂尔清仓英伟达背后的理由。 蒂尔今年早些时候曾警告英伟达估值过高，并将科技股估值飙升与1999-2000年互联网泡沫破灭进行了 类比。他曾警告称，人工智能的炒作周期远远领先于其真正的经济效益。 尽管最近股价明显回调，但英伟达仍是全球市值最高的公司，最近市值一度 ...