算笔账 一批十万的呆料压在库存 每月仓储费➕资金成本至少5k 放半年就亏3万 有料单不知道怎么推广？ 芯片超人已经 累计服务2.2万用户 ，打折清库存，最快半天完成交易！ 找不到，卖不掉，价格还想再好 点 ，都可以来找我们！ 优势呆料，特价出售 | 品牌 | 型号 | 年份 | 数量 | | --- | --- | --- | --- | | NEXPERIA | BUK9K17-60EX | 22+ | 100-200k | | NEXPERIA | 74AHC1G32GV-Q100 | 22+ | 100K | | NEXPERIA | BUK765R0-100E | 21+ | 120K | | NEXPERIA | BZT52H-C6V8 | 18+, 22+ | 240K | | NEXPERIA | BUK9226-75A | 21+ | 30K | | NANYA | NT6DM64M16BD-T1 | 1408 | 11000 | | muRata(村田) | DMT3N4R2U224M3DTA0 | 19+ | 14000 | | TI | ADS1248IPWR | 25+ | 2000 ...

Core Insights - Robinhood has become a significant platform for retail investors, influencing stock movements more than in the past [1][2] Group 1: Tesla - Tesla remains a favorite among retail investors, known for its controversial CEO Elon Musk and its potential in full self-driving technology and robotaxi fleets [4][6] - Current market cap is not specified, but the stock price is $437.94, with a 52-week range of $214.25 to $498.83 [5][6] - Gross margin stands at 17.01%, and the stock has faced challenges in its core EV business but continues to attract retail interest [6][7] Group 2: Nvidia - Nvidia has gained popularity among retail investors due to its position in the AI chip market, with a current price of $188.85 and a market cap of $4.6 trillion [8][9] - The company has a gross margin of 70.05%, but faces potential competition and concerns about its accounting practices [9][10] - Strong demand persists, and a recovery in the Chinese market could significantly boost revenues [10] Group 3: Apple - Apple, part of the "Magnificent Seven," has faced challenges due to tariffs and a perceived lack of an AI strategy, with a current price of $270.77 and a market cap of $4 trillion [11][12] - The stock has declined 12% over the past year but is viewed as a safer investment among its peers, with potential for a strong AI strategy in 2026 [13] Group 4: Amazon - Amazon has been impacted by tariffs but remains a strong player due to its logistics network and cloud services, with significant potential for growth in AI solutions [14][15][16] - The company is well-positioned to benefit from the increasing shift of businesses to the cloud [16] Group 5: Ford Motor Company - Ford has shifted its strategy to focus on hybrids and internal combustion vehicles, resulting in a $19.5 billion charge but is seen positively by investors [17][18] - The company has raised its 2025 guidance for adjusted earnings and has a trailing-12-month dividend yield of approximately 4.5% [19]

Core Viewpoint - Asian equities started the new year with significant gains, but concerns over an artificial intelligence bubble and differing interest rate paths across the region may pose challenges [1] Group 1: AI Sector Dynamics - Asia's strong connections to the global AI supply chain make it vulnerable to downturns on Wall Street, despite cheaper valuations for Chinese chipmakers and China's push for technological self-sufficiency providing some protection [2] - The investment enthusiasm surrounding AI has been a major factor in Asian stocks outperforming global peers, with a regional information technology index reaching a record high [3] - There are concerns about the concentration of a few major tech firms in markets like Taiwan and Korea, which may lead to increased volatility as the AI rally continues [4] - Some analysts suggest a shift from AI excitement to potential fatigue, indicating risks if there is a decline in AI capital expenditure or earnings [6] Group 2: China's Technological Self-Reliance - Optimism is growing for Chinese chipmakers as the government considers a support package of up to $70 billion for the semiconductor industry [7] - Recent successful trading debuts of companies like MetaX Integrated Circuits and Moore Threads Technology indicate strong investor interest, prompting other firms to seek funding [8] - Chinese tech stocks are appealing due to their lower valuations, with a key gauge trading at 19 times forward earnings compared to 25 times for the Nasdaq 100 Index [9] Group 3: Central Bank Policies - The Federal Reserve's anticipated rate cuts in 2026 will influence capital flows and risk sentiment across Asia, potentially allowing central banks in countries like India and Thailand to lower borrowing costs [11] - In contrast, the Bank of Japan faces pressure to raise rates to combat inflation, while New Zealand and Australia are expected to pivot towards tightening policies [12] Group 4: Market Rotation and Laggards - Investors are diversifying away from US assets and the crowded AI trade, looking to revive lagging markets [13] - India's NSE Nifty 50 Index underperformed in 2025, but expectations of lower consumption tax rates and interest rate cuts may drive a reversal in trends [14] - Southeast Asia, which lagged behind the broader region last year, may benefit from government stimulus efforts [14] - Korea's stock market, which saw a 76% rally last year, continues to attract attention, with the Kospi Index closing above 4,300 and targeting the 5,000 level [15][16] Group 5: Corporate Governance and Small-Cap Stocks - The future of the bull run in Korea will depend on government initiatives to enhance corporate governance and support small-cap stocks [17]

Core Viewpoint - Baidu's Kunlun Chip is set to go public, reflecting its growing importance in the AI chip market and aligning with the company's broader AI strategy [5][6][9]. Group 1: IPO and Market Position - Kunlun Chip has submitted a confidential application for listing on the Hong Kong Stock Exchange, with plans to potentially expedite its IPO timeline to early 2027 [5][6]. - The company has achieved a post-financing valuation of 21 billion yuan (approximately 3 billion USD) as of July 2025 [8]. - Following the IPO announcement, Baidu's stock surged by 15%, pushing its market capitalization above 50 billion USD [22]. Group 2: Strategic Importance of Kunlun Chip - The separation of Kunlun Chip is expected to enhance its image among clients and partners, facilitate direct access to capital markets, and improve management focus [19]. - The chip is positioned as a key player in the domestic AI landscape, especially as the demand for local chip solutions increases due to external supply chain disruptions [17][15]. - Kunlun Chip is projected to generate over 1 billion yuan (approximately 150 million USD) in revenue in 2024, with expectations to reach 5 billion yuan (approximately 750 million USD) in 2025 [18]. Group 3: Technological Advancements - Kunlun Chip has developed the P800 series, designed specifically for large model training, and is capable of supporting extensive AI workloads [40][38]. - The company aims to expand its cluster scale to one million cards by 2030, indicating a strong commitment to enhancing its technological capabilities [32]. - The P800 chip has been successfully utilized in various applications, including a significant project with China Mobile, showcasing its competitive edge in the market [41]. Group 4: Leadership and Management - The leadership of Kunlun Chip has been entrusted to Ouyang Jian, who has been pivotal in driving the company's growth and commercialization efforts since its independence [36][34]. - The company has undergone rapid iterations and product launches, with a focus on meeting market demands and enhancing its technological offerings [37].

深圳集聚了众多芯片类企业和新型研发机构。图为2025湾区半导体产业生态博览会场景。 深圳新闻网2026年1月4日讯（深圳商报首席记者 王海荣 文/图）与2026年大幕一道开启的，还有中国半导体 产业的新一轮资本化浪潮。作为我国半导体产业先锋城市，深圳一批深耕芯片设计与制造的硬科技企业正密 集筹划或推进赴港上市进程。 刚刚过去的12月，就有尚鼎芯、曦华科技、基本半导体、华大北斗、国民技术等5家深圳芯片类企业向港交 所递交招股书，拟进一步拓宽融资渠道、强化研发能力，加速实现核心技术自主可控。 这一趋势的背后，是国家"新质生产力"战略对高端芯片产业的强力支撑。作为国内集成电路产业重镇，深圳 正依托其完整的产业链生态、活跃的创投氛围和政策引导机制，成为国产芯片企业走向国际资本市场的桥头 堡。 登陆H股成深圳芯片企业集体新选择 2001年成立的中微半导体（深圳）股份有限公司是国内最早自主研发设计微控制器（MCU）的企业之一，专 注于芯片设计与销售，是国内领先的智能控制解决方案供应商。 2025年9月23日，中微半导体正式向港交所递交招股书。这并非它首次启动IPO。早在2022年8月，中微半导 体就已成功在A股科创板上市 ...

今年是"十五五"开局之年，全市锚定加快建设国家中心城市，全力打造"五个中心"，全面建设现代化大武汉目标，聚力冲刺开门红。 元旦假期，长江日报记者探访武汉科技创新、先进制造、民生保障等领域一批重大项目，火热的建设、投产现场，无一不展现出武汉高质 量发展生机勃勃的良好态势。 湖北江城实验室主任杨道虹介绍，先进封装是高性能算力芯片、硅光芯片、感存算一体芯片等高端芯片的核心技术，不仅能补强武汉 集成电路产业链短板，更将带动整体产业规模跃升。正在加快建设的二期项目，将打造国内高端芯片先进封装量产线，推动中试成果直接 导入产业化，构建"基础研究—概念验证—研发—小试—中试—产业化"全链条创新闭环。 未来，该项目将与人工智能芯片、光芯片等创新载体联动，预计10年内吸引超100家上下游团队落户光谷。此外，紧邻未来科技城生 态绿心九龙湖，江城实验室产业园正处于施工准备的最后冲刺阶段。这一系列布局将进一步增强武汉在集成电路先进封装领域的创新策源 与产业化能力，助力武汉在"十五五"期间向"世界存储之都"加速迈进。 编辑：代婧怡 先进封装综合实验平台上，江城实验室工程师正在分析实验数据 1月2日，位于武汉东湖高新区光谷一路的先进封装 ...

公众号记得加星标⭐️，第一时间看推送不会错过。 在IEDM 2025上，英特尔首次展示了一种基于300mm硅基氮化镓工艺的氮化镓Chiplet技术。该氮化 镓Chiplet技术具有以下特点： 英特尔认为，这项工作中展示的技术要素表明，300mm GaN-on-silicon 技术是一种有吸引力且功能 强大的Chiplet技术，适用于高性能、高密度、高效功率和高速/射频电子产品。 引言 随着计算解决方案向更高功率扩展以应用于图形和服务器平台，以及新兴的 5G/6G 通信不断提高数 据速率，氮化镓 (GaN) 和先进的 3D 封装等半导体技术在提供超越当前硅和 III-V 族技术的更高性 能、更高效率、更高集成度和更高密度方面，正发挥着越来越重要的作用。 在此前，就有专家提出了 300mm GaN-on-silicon 技术，由于其卓越的性能指标 (FoM) 以及将低电 压至 48V GaN 与硅 CMOS 集成的能力，正成为高密度、高性能功率和高速/射频电子器件领域极具 本文展示了实现基于 300mm 硅基 GaN 工艺的 GaN Chiplet技术所需的技术要素。图 2 展示了 GaN Chiplet集成的示 ...

来源：@21世纪商业评论微博 记者丨何己派 编辑丨鄢子为 李彦宏，终于打出芯片牌。 1月2日，他签发一则公告，昆仑芯已透过其联席保荐人，在新年第一天，以保密形式向联交所递表，申请在主板上市。 "建议分拆在商业方面对本公司及昆仑芯均有利，且符合股东整体利益。" 李彦宏在公告中解释，分拆可更全面地反映昆仑芯的价值，且昆仑芯自身规模"足以寻求上市地位"。 此前有消息称，其计划于2026年一季度提交上市申请，2027年初完成IPO。按现有节奏，IPO时间表有望提前。 李彦宏 昆仑芯专攻AI芯片，脱胎于百度智能芯片及架构部，于2021年完成独立融资，2025年7月，其获得最新一轮股权融资，投后估值已达210亿元。 离巢单干的昆仑芯，在李彦宏的AI叙事中，正扮演越来越重要的角色。 "昆仑芯一旦上市，更多的资源进来，把生态这块做好，能打开更大空间。"一位资深技术人士向《21CBR》记者表示。 预料之中 昆仑芯相对低调，不显山不露水。 李彦宏于2011年组建芯片团队，比谷歌启动TPU的研发要早，其本身完整经历从深度学习到大模型的迭代。 IDC数据显示，2024年，中国GPU市场中，英伟达以70%市场份额居首，华为升腾以23% ...

Core Insights - The AI market is experiencing rapid growth, with networking becoming a critical component due to constraints in bandwidth, latency, and reliability [2][4] - Hyperscalers are deploying large AI clusters requiring advanced optical modules, leading to significant opportunities in AI networking [4] Company Summaries Broadcom - Broadcom is witnessing strong demand for its AI networking components, with a fiscal 2025 AI switch backlog exceeding $10 billion, driven by record bookings for its Tomahawk 6 switch [7][8] - The company reported a total AI-related backlog of $73 billion to be delivered in the next 18 months, indicating that networking and optical components are becoming a significant revenue source [7][8] - Broadcom's AI semiconductor revenue increased by 74% year over year to $6.5 billion, with expectations to double to $8.2 billion in the current quarter [8] Coherent - Coherent designs and sells lasers and optical components that facilitate high-speed data transmission in AI data centers and cloud networks [9][11] - The company reported a 17% year-over-year revenue increase to $1.58 billion, with data center revenue up 23% due to strong demand for optical connectivity equipment [11] - Coherent is positioned to benefit from the AI networking upgrade cycle, with record bookings and expectations for broader adoption of its 1.6T optical transceivers in 2026 [12]

机构：华泰证券 研究员：夏路路/侯杰 据百度公司1 月2 日公告，其已根据上市规则PN15 向香港联交所提交有关建议分拆的方案，而香港联 交所已确认可进行建议分拆。我们认为昆仑芯作为国产AI 计算芯片龙头之一，未来其若顺利实现分拆 上市，则上市后更加清晰的信息披露有望助力市场充分认知该业务的内在价值，并推动该业务分部在百 度集团估值中实现进一步的价值重估。展望后续，我们看好在昆仑芯、自动驾驶等子业务线向好发展与 潜在资本市场计划的助推下，百度集团获得相应的价值重估机遇。与此同时，百度集团丰厚的净现金储 备为其估值提供了一定的支撑，后续若公司加大股东回报力度，则有望进一步加强其估值吸引力。建议 持续关注百度各AI 业务项的进展及资本市场计划的推进节奏。 我们认为在AI 时代下，百度集团丰富多元的业务线具备全新发展机遇，后续伴随业务的放量及基本面 的逐步改善，有望进一步推动百度集团的价值重估。1）自动驾驶：12 月22 日，萝卜快跑宣布将于2026 年率先在英国伦敦开启无人驾驶测试及出行服务，是中国无人驾驶首次驶入英国伦敦，进入中国香港以 外的右舵市场（据Wind 报道）。2）AI agent：12 月11 日， ...