Group 1 - China has initiated anti-dumping investigations against American-made analog chips and anti-discrimination investigations related to integrated circuits on the same day, marking a significant counteraction in the ongoing chip war with the U.S. [1][2] - The U.S. Department of Commerce recently added 32 entities to its export control "entity list," with 23 of them located in China and many involved in the chip business, which may have triggered China's response [2][3] - The ongoing trade talks between China and the U.S. in Spain may be influenced by these actions, suggesting a strategy of "fighting while negotiating" [3][4] Group 2 - Nvidia has been found in violation of antitrust laws by China's State Administration for Market Regulation (SAMR), which has decided to conduct further investigations [8][10] - The investigation relates to Nvidia's acquisition of Mellanox Technologies in 2019, which was approved under certain conditions to prevent anti-competitive practices [12][15] - Nvidia's current supply of H20 chips to China is significantly limited in performance compared to its H200 chips, raising concerns about compliance with fair trade practices [18][17] Group 3 - The anti-dumping investigation targets analog chips produced by U.S. companies, with the investigation period set from January 1, 2024, to December 31, 2024 [31][32] - The application for the investigation cites that U.S. companies have significantly increased their product imports to China while simultaneously lowering prices, adversely affecting domestic producers [36][39] - If the anti-dumping investigation is upheld, it could lead to substantial penalties for major U.S. chip companies, potentially impacting their revenues in China, which exceed $10 billion collectively [41] Group 4 - The Chinese government is also conducting an anti-discrimination investigation against U.S. measures that restrict high-end chips while allowing low-end chips to flood the market, which are seen as discriminatory trade practices [44][45] - The outcome of these investigations could lead to increased tariffs or restrictions on U.S. products if found to be unfair [45][46] - The ongoing investigations and trade tensions highlight the complex dynamics of the U.S.-China trade relationship, particularly in the semiconductor sector [46][47]

多年来， 国产AI与英伟达深度绑定，后者的GPU几乎成了大模型训练的标配 。但随着国际形势变化，美国对先进AI芯片出口限制不断收紧，中国科技企 业被 "卡脖子" 的风险与日俱增。在这样的大背景下，阿里、百度、腾讯纷纷加快自主研发与适配国产芯片的脚步，力求构建自主可控的算力体系。 阿里 ，早在2018年收购中天微成立 "平头哥"，布局芯片领域。含光800、玄铁处理器、倚天710等产品相继推出，并逐步在云计算与推理加速场景落地。 最近，阿里更是被曝出正在测试一款本土代工的新型AI推理芯片，且年初已将自研芯片应用于轻量级模型训练，性能媲美英伟达H20。这一系列动作，彰 显了阿里构建芯片 - 模型 - 应用完整闭环的决心。 阿里与百度已悄然在人工智能模型训练中引入自研芯片，部分替代英伟达的产品。 与此同时，腾讯也没闲着，在今日举行的2025腾讯全球数字生态大会主峰会上，腾讯集团副总裁、腾讯云总裁邱跃鹏宣布， 腾讯云已全面适配主流国产 芯片，并通过异构计算平台的软件能力整合不同芯片，提供高性价比 AI 算力。 一时间，科技巨头们在国产算力领域的角逐愈发激烈，而字节跳动，似乎成了这场竞赛中尚未官宣关键进展的 "神秘选手" ...

9月16日，盛科通信涨5.06%，截至发稿，报131.98元/股，成交5.66亿元，换手率2.17%，总市值541.12 亿元。 截至发稿，刘扬累计任职时间3年342天，现任基金资产总规模10.25亿元，任职期间最佳基金回报 61.4%， 任职期间最差基金回报3.54%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 数据显示，创金合信基金旗下1只基金重仓盛科通信。创金合信芯片产业股票发起A（013339）二季度 增持19.8万股，持有股数51.15万股，占基金净值比例为4.62%，位居第九大重仓股。根据测算，今日浮 盈赚取约325.3万元。 创金合信芯片产业股票发起A（013339）成立日期2021年9月28日，最新规模2.91亿。今年以来收益 23.48%，同类排名2151/4222；近一年收益91.89%，同类排名664/3804；成立以来收益21.43%。 创金合信芯片产业股票发起A（013339）基金经理为刘扬。 资料显示，苏州盛科通信股份 ...

截至2025年9月16日 10:23，上证科创板100指数下跌0.10%。成分股方面涨跌互现，铂力特领涨5.68%， 华曙高科上涨5.48%，生益电子上涨4.00%；杭可科技领跌8.60%，思瑞浦下跌4.17%，艾为电子下跌 3.90%。科创100指数ETF(588030)下跌0.23%，最新报价1.32元。拉长时间看，截至2025年9月15日，科 创100指数ETF近1周累计上涨2.47%。 流动性方面，科创100指数ETF盘中换手1.69%，成交1.01亿元。拉长时间看，截至9月15日，科创100指 数ETF近1年日均成交4.39亿元，居可比基金第一。 科创板规模指数系列，反映科创板市场不同市值规模上市公司证券的整体表现。 数据显示，截至2025年8月29日，上证科创板100指数前十大权重股分别为东芯股份、华虹公司、百济神 州、博瑞医药、睿创微纳、翱捷科技、云天励飞、中科飞测、安集科技、复旦微电，前十大权重股合计 占比23.82%。 消息面上，从年初阿里宣布未来三年投入3800亿元建设云和AI硬件基础设施，到百度昆仑芯签下中国 移动大额订单，市场对AI芯片的强劲需求，推动国内芯片厂商和互联网大厂利用英伟达 ...

为彰显中国上市公司的核心竞争力和影响力，助力内地与香港股市健康发展，由凤凰卫视、凤凰网发起的"2025凤凰之星上市公司评选"活动已于8月2日正式 开启企业报名通道与案例征集工作；8月28日举行首轮评审会，对已完整提交材料且数据齐全的企业进行打分，形成标杆候选池；8月31日报名结束后，启动 复核程序，择新报名企业指标优秀者增补进入标杆候选池，进入公众投票环节。最终结果将于9月23日对外发布。 "凤凰之星"评委、北京师范大学教授、"一带一路"研究员 万喆 此次评选共设置最佳创新上市公司、最佳股东回报上市公司等九大奖项，覆盖企业发展的多个关键领域。为保证评选结果的公正与专业，组委会依托大数据 模型和五大评选维度，并邀请国内外知名专家组成评审委员会。 作为"一带一路"研究专家，北京师范大学教授万喆首次出任"凤凰之星评选"的评委。在评审会后，她接受了凤凰的专访，从评选体系的独特价值、中国企业 出海的进阶逻辑，到"内卷"争议的破局路径，深度剖析了中国企业在全球竞争中的转型机遇与长期价值构建之道。 万喆表示，"凤凰之星评选"的"全景性"与"全球视野"，不仅为观察中国企业高质量发展提供了多维视角，更对企业突破增长瓶颈、实现全 ...

消息：联发科采用台积电工艺完成2纳米芯片流片，预计2026年底推向市场。外汇交易员 (@myfxtrader):联发科首席执行官蔡力行在COMPUTEX上表示，计划今年9月在台积电流片2纳米芯片。 https://t.co/xJUJM1CJa0 ...

Group 1 - China has initiated two significant investigations against the US chip industry, focusing on anti-dumping and discrimination practices, marking a shift to a more proactive legal approach [1][3] - The anti-discrimination investigation is based on China's Foreign Trade Law, aiming to systematically review US practices that are deemed discriminatory, indicating a move towards legal accountability rather than emotional responses [3][10] - The anti-dumping investigation targets specific segments of the chip industry, particularly analog and interface chips, which are crucial for various sectors including automotive and consumer electronics, potentially disrupting US supply chains [3][6] Group 2 - China holds a dominant position in the rare earth market, supplying over 70% of US imports, and controls critical processing stages, which could significantly impact US military and technological capabilities [6][10] - The US is attempting to develop its own rare earth projects, but faces challenges in terms of technology, capital, and time, making immediate replacement unlikely [6][10] - China's advancements in its own chip supply chain, such as Yangtze Memory Technologies achieving mass production of 232-layer NAND flash memory, indicate a growing self-sufficiency in mature chip technology [6][10] Group 3 - The pressure from China's actions is expected to first impact US chip companies, leading to increased compliance costs and potential shifts in supply chain strategies [8][10] - US allies, including Japan and Europe, may also face dilemmas due to their reliance on the Chinese market, complicating their positions in the geopolitical landscape [8][10] - The current situation emphasizes the need for global companies to engage in geographical hedging and localize their operations to mitigate risks associated with US-China tensions [8][10]

【算力芯片股拉升 龙芯中科涨超15%】智通财经9月16日电，早盘算力芯片概念拉升，龙芯中科涨超 15%，中科曙光、海光信息涨超8%，双双创历史新高，东芯股份、景嘉微、寒武纪等跟涨。消息面 上，9月15日，龙芯中科在互动平台表示，龙芯首款GPGPU芯片9A1000的研发基本完成，三季度内会交 付流片。成功与否需待流片回来后的测试结果。 转自：智通财经 ...

近日，中国证监会就《公开募集证券投资基金销售费用管理规定（征求意见稿）》公开征求意见，此举 可能会对占据基金代销市场重要地位的商业银行产生何种影响？业内人士表示，银行对基金销售费率改 革已有预期，由于征求意见稿聚焦个人客户服务、权益基金，鼓励长期投资，未来银行或更加偏好业绩 稳定、管理规范的大型基金管理人和权益基金。长期来看，征求意见稿有助于引导银行代销回归本源、 提升专业服务能力，推动公募基金行业健康发展。（中国证券报） 基金销售费率改革下的银行代销：或向权益基金与服务升级聚焦 近日，老牌科技公司甲骨文（Oracle）以单日大涨40%的行情表现震撼全球资本市场。原因在于该公司 公布的2026财年第一财季（2025年6月1日—8月31日）业绩数据显示，公司云基础设施（OCI）业务中 的剩余履约义务（RPO）同比增长359%，达到4550亿美元，其中近60%来自与OpenAI签署的5年3000亿 美元推理算力订单。国内头部云计算厂商业务负责人告诉记者，虽然这笔规模庞大的订单从签署到真正 交付仍存在不确定性因素，但也向整个产业链传递了算力尤其是推理算力供不应求的明确信号，增强产 业链坚定向AI和云领域投入的信心。 ...

Core Viewpoint - The National Market Supervision Administration of China has initiated further investigations into NVIDIA for alleged violations of the Anti-Monopoly Law and conditions related to its acquisition of Mellanox Technologies, confirming initial findings of misconduct [2][4]. Group 1: Investigation Details - NVIDIA was previously under investigation since December 2024 for suspected violations of the Anti-Monopoly Law and conditions set during the approval of its acquisition of Mellanox Technologies [4]. - The latest announcement indicates that NVIDIA has been preliminarily confirmed to have violated Chinese anti-monopoly laws and the conditions of the acquisition approval [4][5]. Group 2: Market Position and Practices - NVIDIA currently holds approximately 90% of the global AI chip market for data centers, driven by the surge in demand for AI chips [5]. - Allegations suggest that NVIDIA has been engaging in bundling sales practices to suppress competition, offering better pricing and faster delivery only to customers using its products [5][6]. Group 3: Global Investigations - Other countries, including France and the EU, have also begun investigations into NVIDIA's practices, with reports indicating potential abuse of market dominance in the AI chip sector [6]. - The French competition authority has confirmed an investigation into NVIDIA's alleged anti-competitive behavior, highlighting the risks associated with its market position [6]. Group 4: Financial Implications - If found in violation, NVIDIA could face fines ranging from 1 billion to 10 billion USD based on its 2023 revenue in China, which was 10.4 billion USD [15]. - The maximum penalty could reach up to 50 billion USD if the violations are deemed particularly severe, although the historical maximum fine in China was 6.088 billion RMB [16][19].