BlackJack3D/E+ via Getty Images The small cap growth market fared well in the third quarter, but the biggest gainers were speculative companies with weak fundamentals. We expect the rally will broaden out going forward. Please see below for a discussion of the Osterweis Opportunity Fund’s recent performance and our near-to-medium term market outlook. Performance data quoted represent past performance; past performance does not guarantee future results. The investment return and principal value of an ...

Core Viewpoint - C Yicai-U (688783) experienced a significant first-day increase of 198.72%, indicating strong market interest and investor confidence in the company’s potential within the semiconductor industry [1] Group 1: Company Performance - On its first trading day, C Yicai-U recorded a financing purchase amount of 297 million yuan, accounting for 9.15% of the total trading volume, with a financing balance of 251 million yuan, representing 5.91% of the circulating market value [1] - C Yicai-U's latest A-share market capitalization exceeds 100 billion yuan, ranking second in the Sci-Tech Innovation Growth sector, only behind Cambricon-U, and is among the top ten in the entire Sci-Tech Innovation Board [1] Group 2: Market Position and Demand - C Yicai-U is focused on the research, production, and sales of 12-inch silicon wafers, being the largest manufacturer in mainland China and the sixth globally, with a global market share of approximately 6% and 7% in terms of average monthly shipments and production capacity, respectively [1] - By 2026, global demand for 12-inch silicon wafers is expected to exceed 10 million pieces per month, with mainland China’s demand projected to surpass 3 million pieces per month [2] Group 3: Production Capacity and Innovation - C Yicai-U's first and second factories combined are expected to achieve a production capacity of 1.2 million pieces per month by 2026, which will meet 40% of the demand for 12-inch silicon wafers in mainland China [2] - The company has committed to R&D innovation, with cumulative R&D investment from 2022 to 2024 accounting for 12.39% of total revenue, and a compound annual growth rate of 33.15% in R&D investment [2] Group 4: Product Development and Supply Chain - C Yicai-U's products are already in mass production for advanced NAND Flash storage chips, advanced DRAM storage chips, and advanced process logic chips, with further advancements in next-generation high-end storage chips for AI applications being developed [3] - The company is fostering local suppliers for 12-inch silicon wafer equipment and materials, enhancing the competitiveness of the domestic electronic-grade silicon wafer industry [3]

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 | NEXPERIA | BZT52-C5V6J | 10000 | 对上待确 | | --- | --- | --- | --- | | | | | 认 | | NEXPERIA | PESD2CAN,215/PESD2CAN | 1972 | 对上待确 | | | | | 认 | | NEXPERIA | SN74LVC08APWRG4/74LVC08APW | 465 | 对上待确 | | | | | 认 | | NEXPERIA | PESD1LIN,115 | 1877 | 对上待确 | | | | | 认 | | NEXPERIA | PMEG045V100EPDZ | 156 | 对上待确 | | | | | 认 | | NEXPERIA | PDTA114ET,215/PDTA114ET,215/PDTA114ET,235 | 3550 | 对上待确 | | | | | 认 | | NEXPERIA | PTVS36VP1UTP,115 | 420 | 对上待确 | | | | | 认 | | NEXPERIA | PBSS5250 ...

Group 1: Stock Performance - Nvidia's stock has increased by 25,226% over the past decade, averaging annual gains of 74%, turning a $10,000 investment into over $2.5 million [1][2] - Over the last three years, the stock has averaged gains of 144% annually and is up more than 35% year to date [2] Group 2: Valuation Metrics - Nvidia's recent forward-looking price-to-earnings (P/E) ratio is 25.6, significantly below its five-year average of 38.6, indicating potential undervaluation [3] - The price-to-sales ratio stands at 27, which is above its five-year average [3] Group 3: Revenue and Market Position - Nvidia's data center revenue surged by 56% year over year to $41.1 billion, constituting over 88% of total revenue [5] - CEO Jensen Huang projects that spending on AI infrastructure will rise to between $3 trillion and $4 trillion by the end of the decade, up from around $600 billion in 2025 [7] Group 4: Competitive Landscape - Nvidia faces competition from companies like Advanced Micro Devices and Broadcom, and some tech firms are developing their own chips and software [8] - Despite potential threats from geopolitical factors and competition, Nvidia is expected to continue growing through its data center offerings and other products [9]

来源：参考消息 据新加坡《联合早报》网站10月29日援引法新社消息报道，美国芯片巨头英伟达首席执行 官黄仁勋10月28日警告，美国必须允许在中国销售美国制造的人工智能（AI）芯片，以确 保硅谷企业在AI领域继续保持全球领先地位。 另据台湾"中央社"28日报道，正在亚洲访问的美国总统特朗普将于29日抵达韩国，他表 示，当天将会晤黄仁勋。 les & FR 点击下载中国基金报客户端 ■ 中国基金报内容矩阵 ■ 巅峰对话 投资热点说 ETF风向标 IPO情报站 fe o 1 ■ a a - 444 and 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND 开盘速递 港股日报 全球早班车 数说人物 √ � [ 8 a 4 a g a d 4 4 4 CHINAFUND CHINAFUND CHINAFUND CHINAFUND ●微信搜一搜( 〔 〔 中国基金报 〕即刻获取财经资讯 报道称，黄仁勋在华盛顿的一场公司活动上向记者说："我们希望世界建立在美国的技术 栈之上。"他提到的技术栈，是开发人员用于计算机技术的术语。 他补充说："但我们也需要在中国布局，才能赢得那里的开发者。一 ...

Group 1 - Nvidia announced that its Blackwell/Rubin chip platform will exceed $500 billion in business by the end of 2026, indicating a revenue forecast of $350-400 billion for the data center business over the next five quarters, which is a 20%+ upward revision from market consensus of $318 billion [1] - The surge in chip shipments and rapid capacity expansion confirmed the performance certainty of optical modules by 2026, with optical modules leading the semiconductor sector in the current AI market [1] - If the results of the US-China talks on November 1 are favorable, the global market may experience a honeymoon period similar to May-August of this year, with semiconductors expected to catch up with optical modules [1] Group 2 - The domestic AI industry chain-focused ETF (589520) showed a slight increase of 0.16% today, with a peak intraday gain of 0.63%, indicating strong buying interest [2] - Key stocks in the ETF, such as Lanke Technology and Yingxi Network, saw gains of over 2%, while other stocks like Stone Technology and Weisheng Information rose by more than 1% [2] Group 3 - The three highlights of the domestic AI ETF (589520) include: 1. Policy support driving AI growth, with core trends in AI development focusing on end-cloud integration, benefiting companies with the largest revenue in their segments [4] 2. The urgency for domestic alternatives in the context of technology friction, emphasizing the importance of information and industrial security [4] 3. The ETF's high elasticity and strong offensive potential, with over 70% of the top ten holdings concentrated in the semiconductor sector [4] - The ETF has outperformed the broader market, with a cumulative increase of 65.84% since its low on April 8, surpassing other indices like the Sci-Tech Innovation Index and Sci-Tech 50 [4][5]

Malaysia’s improved bilateral relationship with the US has strengthened the Southeast Asian country’s position in its negotiation on potential semiconductor tariffs, according to a minister https://t.co/iLdwpu3iyW ...

Core Viewpoint - Intel and BOE are collaborating to develop AI-based energy-saving solutions for laptop display screens, aiming to balance energy efficiency and visual quality while extending battery life and ensuring excellent visual experience [1] Group 1 - The new technology is expected to be implemented in OEM products using Intel platforms by 2026 [1]

值班编辑 王丹妮 点击"在看"，分享热点 他补充说："但我们也需要在中国布局，才能赢得那里的开发者。一项导致美国失去全球一半AI开发者 的政策，从长远来看是不利的。它对我们自身的伤害更大。" 另据台湾"中央社"28日报道，正在亚洲访问的美国总统特朗普将于29日抵达韩国，他表示，当天将会晤 黄仁勋。 据参考消息10月29日报道，新加坡《联合早报》网站援引法新社消息报道，美国芯片巨头英伟达首席执 行官黄仁勋10月28日警告，美国必须允许在中国销售美国制造的人工智能（AI）芯片，以确保硅谷企 业在AI领域继续保持全球领先地位。 星标"新京报" 报道称，黄仁勋在华盛顿的一场公司活动上向记者说："我们希望世界建立在美国的技术栈之上。"他提 到的技术栈，是开发人员用于计算机技术的术语。 及时接收最新最热的推文 来源 参考消息 ...

"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 西安奕材是一家12英寸电子级硅片产品及服务提供商，主要从事12英寸硅单晶抛光片和外延片的研发、制造与销售。产品广泛应用于电 子通讯、新能源汽车等领域所需要的存储芯片、逻辑芯片、图像传感器、显示驱动芯片及功率器件等。 硅片是芯片制造的"地基"，是需求量最大的晶圆制造材料，与全球半导体市场同频共振。作为国内12英寸硅片领域的领军者，西安奕材的成功上 市，不仅是一家硬科技企业的里程碑，更是中国半导体材料国产化进程中的重要突破。 奕斯伟材料12英寸电子级硅片产品 西安奕材专注于芯片制造的核心基础材料——12英寸硅片的研发、生产和销售，已构建覆盖拉晶、成型、抛光、清洗和外延五大工艺环节的核心 技术体系。截至2024年末，西安奕材月均出货量约占 全球的6%、国内的30%，位居全球第六、中国第一 。 重要会议： 11 月 17-19 日，2025势银异质异构集成年会（浙江·宁波） 点此报名 添加文末微信，加 异质异构集成产业 群 近日，西安奕斯伟材料科技股份有限公司（股票简称"西安奕材"，代码688783）正式挂牌上市，成为科创板新设"成长 ...