Market Performance - On January 7, the stock market showed strong resilience, with the Shanghai Composite Index closing up, marking a record of fourteen consecutive gains[1] - The total trading volume of the A-share market reached 2.88 trillion yuan, an increase of 493 billion yuan compared to January 6[1] - The Hang Seng Index fell by 1.02%, while the Hang Seng Tech Index dropped by 1.56%[1] Capital Flow - Net inflow of southbound funds amounted to 9.178 billion HKD, with Tencent and Xiaomi seeing net inflows of 1.955 billion HKD and 1.633 billion HKD respectively[1] - Conversely, China Mobile and SMIC experienced net outflows of 1.126 billion HKD and 1.070 billion HKD respectively[1] Debt Market - Long-term interest rates showed a "V-shaped" reversal, with 10-year and 30-year government bond yields rising to 1.90% and 2.34% respectively, up by 1.6bp and 2.5bp[5] - The 10-year government bond yield is facing a critical level at 1.90%, while some 30-year bonds have exceeded 2.40%[5] Commodity Market - The commodity market saw a net inflow of nearly 12 billion yuan, with the black series (steel and coal) receiving over 4.5 billion yuan in capital[9] - Precious metals faced selling pressure, with silver down 2.07% and gold slightly down 0.17%[9] Sector Performance - Semiconductor materials and equipment led the gains, with significant increases in prices for DDR5 and NAND Flash, up 573% and 63% year-on-year respectively[3] - The rare earth index rose by 4.23%, driven by the upward trend in industrial non-ferrous metals[3]

智通财经APP获悉，周三，美股存储概念股未能延续本周涨势，截至发稿，西部数据(WDC.US)跌超 10%，希捷科技(STX.US)跌超8%，SanDisk Corp(SNDK.US)跌超4.6%，美光科技(MU.US)跌超1.4%。 ...

美国12月ADP就业人数增加4.1万人，低于市场预期，市场静待周五非农定调。美股三大指数小幅高 开，纳指涨0.02%，标普500指数涨0.06%，道指涨0.23%。 存储概念股集体回调，西部数据跌超5%，闪迪跌超3%，美光科技跌近1%。 联电涨9.7%，创逾一年新高，2025年营收增长2.26%再度刷新历史次高位。 自动驾驶技术公司Mobileye涨16.4%，官宣9亿美元收购机器人公司Mentee。 游戏驿站涨4.2 %，公司宣布授予CEO科恩长期绩效奖励，旨在推动公司市值达1000亿美元。 (格隆汇) ...

周二美股市场存储概念股集体飙升，闪迪暴涨27.56%，创下自2月以来的最佳单日表现。西部数据和希捷科技紧随其后，分别大涨16.77%和14.00%。 这一轮行情的直接催化剂来自英伟达CEO黄仁勋在CES上的讲话。他直言： "就存储而言，这目前是一个完全未被开发的市场。这是一个从未存在过的市场， 而且很可能成为全球最大的存储市场，基本上承载全球AI的工作记忆（working memory）。" 与此同时，英伟达在CES上展示了针对代理AI推理优化的新存 储平台，承诺比传统平台提高五倍的能效。 这一轮暴涨并非偶然，而是市场对AI发展阶段认知的深刻修正。美银美林分析师Wamsi Mohan在最新的报告中指出，2026年将是企业级和边缘AI的拐点。随 着多模态AI（包含文本、图像、视频）的普及，数据生成量将呈指数级增长，这将推动硬件支出周期的延续。 随着AI浪潮从训练阶段向推理应用大规模迁移，被视为"AI工作记忆"的存储板块正迎来前所未有的价值重估。 美银认为，AI投资的主题正在从资本支出驱动的模型训练，转向以投资回报率（ROI）为核心的AI推理阶段， 这一转变将使存储、边缘设备和网络连接厂商成 为继GPU之后的新一 ...

Core Viewpoint - Nvidia CEO Jensen Huang's remarks at CES 2026 have significantly impacted the stock market, leading to a surge in storage-related stocks while causing declines in data center cooling stocks [1][2]. Group 1: Storage Stocks Surge - SanDisk's stock price soared nearly 28% to $349.63 per share, reaching a market cap of $51.24 billion, marking a tenfold increase since February of the previous year [2][4]. - Huang emphasized the untapped potential of the storage market, predicting it could become the largest global storage market to support AI workloads, with current demand exceeding existing infrastructure capabilities [4]. - Other storage companies like Western Digital, Seagate, and Micron also saw significant stock price increases, with Western Digital up 16.77% to $219.38, Seagate up 14% to $330.42, and Micron up 10% to $343.43, all achieving double-digit percentage gains [6][7]. Group 2: AI-Driven Hardware Spending - The growth in AI training and inference demand is leading to tight memory supply and rising prices, boosting digital storage stocks [12]. - Analysts predict that companies will retain more data for training, analysis, and compliance, driving a surge in storage demand, particularly in sectors like drones, surveillance, and automotive technology [14]. - The focus on AI investment has shifted towards hardware spending, with expectations that AI inference will dominate beyond 2026 [14]. Group 3: Cooling Stocks Decline - Huang's comments raised concerns about the demand for data center cooling products, leading to declines in cooling-related stocks [15]. - Johnson Controls' stock fell 6.24%, Modine Manufacturing dropped 7.46%, and Trane Technologies decreased by 2.52%, with significant intraday losses [15][19]. - Analysts noted that the shift towards liquid cooling technology could impact traditional cooling systems, although some believe the recent sell-off may be excessive [21].

其中，存储芯片与数据存储相关股票成为当日市场焦点，多只个股录得显著涨幅，推动相关板块表现远 超大盘平均水平。 存储概念股飙升是周二美股交易的显著特征。以闪迪(SNDK.O)为代表的存储股领涨，股价大幅上涨超 过27%，创下盘中历史新高，且最近五个交易日累计涨幅近43%。 美东时间周二（1月6日）美国股市延续年初上涨态势，标普500指数与道琼斯工业平均指数双双收于历 史新高，纳斯达克指数也实现稳步上涨。 与此同时，市场整体资金流向也表现出较为明显的板块轮动趋势。尽管科技七巨头中部分权重股涨跌互 现，但存储与半导体细分领域的上涨动力强劲，带动费城半导体指数等相关指数录得较好表现。此外， 贵金属品种如黄金、白银也延续开年以来的上涨态势，进一步反映出投资者在风险资产与避险资产之间 的分化布局。 周二市场的上涨背景还与技术大会与企业业绩预期密切相关。全球最大科技展之一的拉斯维加斯消费电 子展（CES）上，多家龙头企业发布了新一代产品与技术路线，市场对AI与数据中心基础设施的长期增 长前景持较乐观态度。 这种预期延伸至存储板块，使得投资者对相关公司未来盈利能力给予更高估值。虽然市场仍在等待本周 即将公布的关键经济数据，如 ...

Group 1 - Kangfang Biotech (09926) shares rose over 6% after the approval of an important update to the product label for its PD-1/VEGF bispecific antibody, Ivosidenib, which showed significant clinical benefits in treating advanced non-squamous non-small cell lung cancer [1] - Sunac China (01918) shares fell over 6% as the company reported a contract sales amount of 2.95 billion RMB in December, a year-on-year increase of 68.6%, but with a decrease in average sales price per square meter by 14.4% [1] - Nanshan Aluminum International (02610) saw a nearly 14% increase in shares, attributed to a tight global electrolytic aluminum market, with Indonesia being a key marginal supplier [1] Group 2 - Optical communication stocks rebounded, with Longi Fiber Optic (06869) up 7.46% and Cambridge Technology (06166) up 3.86%, following a significant rise in U.S. optical communication stocks [2] - Hengrui Medicine (01276) shares increased over 2.8% after announcing the approval of two innovative drugs for clinical trials targeting prostate cancer [2] - Cao Cao Travel (02643) shares rose over 7% following the announcement of acquisitions of Yao Travel and Geely Business Travel [2] Group 3 - Hutchison China MediTech (00013) shares increased over 5.3% after announcing positive results from a Phase III trial for a new treatment for autoimmune hemolytic anemia [3] - Geekplus Technology (02590) shares rose slightly by 0.51%, with a report highlighting its stable business model and growth potential due to AI applications [3] Group 4 - Xuan Bamboo Biotech (02575) shares surged over 11.6% after its drug, Pyrotinib, was included in the national medical insurance directory, providing new benefits for advanced breast cancer patients [4] Group 5 - Semiconductor equipment and materials stocks continued to rise, with significant gains for companies like Amkor Technology (AMKR.US) and Lam Research (LRCX.US) [5] - Chinese concept stocks mostly rose, with notable increases for Hesai (HSAI.US) and Pinduoduo (PDD.US), amid a bullish market sentiment [5] - Uber (UBER.US) and Lyft (LYFT.US) saw stock price increases following Nvidia's announcement of advancements in autonomous driving technology [5] Group 6 - Data center cooling stocks experienced a decline, with companies like Modine Manufacturing (MOD.US) and Johnson Controls (JCI.US) facing significant drops [6] - Copper stocks strengthened, with Freeport-McMoRan (FCX.US) and Southern Copper (SCCO.US) showing notable gains as copper futures reached a historic high [6] - The storage sector continued its upward trend, with SanDisk (SNDK.US) achieving a 27.56% increase after launching a new SSD product line [6] Group 7 - Alumis (ALMS.US) shares skyrocketed by 95.31% following positive results from clinical trials for its TYK2 inhibitor targeting psoriasis patients [7] - Tesla (TSLA.US) shares fell over 4.14% as BYD surpassed Tesla in electric vehicle sales in key European markets [7] - Zeta Global (ZETA.US) shares rose 9.83% after announcing a strategic partnership with OpenAI to enhance its product capabilities [7]

【#1盒内存条价格堪比上海1套房#！#内存暴涨#，闪迪股价一夜飙升27%，李斌喊话"大家买车要早一 点"】如果说黄金是传统意义上的避险资产，那么在2025年下半年到2026年初的全球市场上，大幅跑赢 金价的，却是一根根不起眼的内存条。行业人士吴深(化名)告诉记者，"内存几乎一天一个价"。以256G 的DDR5服务器内存为例，单条价格已超过4万元。"如果一次采购100根，装在一个盒子里，就是400万 元，"他形容，"价值已经超过上海不少房产。当地时间1月6日，美股存储板块狂飙，截至发稿，闪迪 （SanDisk）大涨27%，为十个月以来的最大日内涨幅，美光科技涨近7%，再创历史新高。希捷科技、 西部数据涨近10%。消息面上，据韩国经济日报，三星与海力士已向服务器、PC及智能手机用DRAM 客户提出涨价，今年一季度报价将较去年第四季度上涨60%-70%。1月6日，蔚来创始人李斌喊话，内存 涨价对汽车行业是巨大的压力，是与AI、算力中心、手机行业去抢。目前内存涨价的成本压力还没有 传导到终端的售价，还在蔚来的承受范围内，他喊话"大家买车要早一点"。 来源：@华夏时报微博 ...

Core Insights - The storage sector, viewed as the "AI working memory," is undergoing a significant revaluation as AI transitions from training to inference applications [1][2] - Major storage stocks surged, with SanDisk rising 27.56%, Western Digital increasing by 16.77%, and Seagate up by 14.00% following NVIDIA CEO Jensen Huang's remarks at CES [1] - Huang emphasized that the storage market is largely untapped and could become the largest global storage market, essential for AI's working memory [1] Market Dynamics - The shift in AI investment focus from capital expenditure-driven model training to ROI-centric AI inference will benefit storage, edge devices, and network connectivity vendors [2] - IDC forecasts global annual data generation will soar from 173 ZB in 2024 to 527 ZB by 2029, reflecting a compound annual growth rate of approximately 25% [4] - The rise of multimodal AI, which processes various data types, is driving unprecedented demands for storage capacity and speed [4][7] Storage Demand and Technology - The demand for storage is expected to surge as enterprises retain more data for training, analysis, and compliance, particularly with the rise of multimodal generative AI [7] - Mechanical hard drives (HDDs) will continue to play a crucial role in mass data storage due to their cost advantages and capacity density, benefiting companies like Seagate and Western Digital [8][10] - The need for high-performance SSDs is increasing due to modern AI systems requiring extensive random I/O and write operations [10] Edge AI and Market Opportunities - Edge AI is emerging as a significant growth area, with AI applications rapidly penetrating devices like smartphones, PCs, and drones [9] - SanDisk is positioned to benefit from the demand for high-performance storage solutions in edge AI applications, driven by the need for low latency and high reliability [10] Price Trends and Market Outlook - The supply constraints in the storage market are contributing to rising prices, with reports indicating that Samsung and SK Hynix are planning to increase server DRAM prices by 60% to 70% in Q1 [12] - The hardware spending share in the IT industry has been increasing since 2022, indicating a "hardware renaissance" where storage vendors will be key beneficiaries alongside companies providing computational power and connectivity [12]

记者丨曾静娇 编辑丨刘雪莹 美东时间周二，美股三大指数集体收涨 ，道指、标普500指数双双 创下历史收盘新高。存储 芯片股集体大涨，热门中概股涨跌不 一。黄金白银继续狂飙， 现货黄金站上4500美元，现货白银开年以来累计上涨15%。 | 道琼斯 | 纳斯达克 | 标普500 | | --- | --- | --- | | 49462.08 | 23547.17 | 6944.82 | | +484.90 +0.99% +151.35 +0.65% | | +42.77 +0.62% | | 中国金龙指数 | 纳指100期货 | 标普500期货 | | 7836.43 | 25831.25 | 6988.50 | | -61.81 -0.78% | +253.50 +0.99% +44.75 +0.64% | | 具体来看，科技七巨头跌多涨少，亚马逊强势领跑，涨超3%， 特斯拉则大跌超4% 。消息面上，1月6日，特斯拉官微发布Model 3/Y/Y L推出7年超低息购车方案。这被认为是变相降价，此前特斯拉出炉的2025年全年交付数据，表现惨淡。 （详情） 消息面上，据新华社报道， 美国白宫新闻秘书莱维特6日说， ...