格隆汇2月5日｜瑞银财富管理投资总监办公室(CIO)在最新市场观点中表示，预计今年年底全球股市将 上涨约10%，美国市场依然是投资者股票配置的核心组成部分，且后续仍有上行潜力。但全球最大经济 体之外，其他地区同样具备吸引力，比如战略自主的推进、区域财政扩张和结构性改革有望在各地催生 受益者，尤为看好中国、日本和欧洲市场。其中，中国政府对本土人工智能（AI）模型和芯片制造的 明确支持，将为中国科技股进一步上涨奠定基础。同时，低利率环境下国内投资者追逐收益，医疗保健 企业"走出去"、新消费模式兴起及电网现代化等结构性利好，有望惠及金融、医疗保健、消费、材料和 电力设备等行业。 ...

Core Viewpoint - The successful implementation of a domestic departure system at Urumqi Tianshan International Airport marks a significant advancement in China's civil aviation sector, transitioning from reliance on foreign technology to leading in key technological areas [1][2][9]. Group 1: System Implementation and Performance - The new departure system, developed by China Aviation Information Technology Co., Ltd. in collaboration with China Electronics Corporation and its subsidiaries, was launched at a major international hub airport, indicating a shift in China's aviation technology capabilities [1][2]. - The system has been tested successfully at Huizhou Airport, which has an annual passenger throughput of 3 million, and is now operational at Urumqi Airport, which handles over 30 million passengers annually, showcasing a significant scale-up in operational capacity [2][5]. - The system's performance metrics are impressive, with average response times for manual check-in under 3 seconds and boarding based on facial recognition achieving a response time of 350 milliseconds, improving efficiency by approximately 10% [8][9]. Group 2: Technical Challenges and Solutions - The transition to a fully domestic system faced challenges including safety, flow management, and compatibility, requiring extensive testing and optimization of the system to handle the increased volume of passengers [5][9]. - A dual-track, smooth transition plan was implemented to ensure zero disruption during the migration from the old system to the new one, addressing customer concerns and maintaining operational continuity [5][9]. - The system incorporates a full-stack security architecture, ensuring robust protection of core aviation data and compliance with international standards, which is critical for maintaining operational integrity [4][9]. Group 3: Strategic Importance and Future Prospects - The successful deployment of the system at Urumqi Airport is seen as a foundational step for enhancing digital infrastructure in China's civil aviation, with implications for broader international market engagement [10]. - The collaboration between China Electronics and China Aviation Information Technology exemplifies the potential for state-owned enterprises to innovate and lead in the digital transformation of the aviation sector [9][10]. - The initiative aligns with China's broader goals for high-quality development in civil aviation, emphasizing the importance of self-sufficiency and technological advancement in the industry [10].

Alphabet（谷歌母公司）在周三的财报电话会上释放了明确信号：AI军备竞赛远未结束，甚至刚刚进入"深水区"。虽然Q4业绩全线超预期，但市 场被公司给出的2026年1750亿至1850亿美元的资本支出指引所震慑。巨额资本支出带来的折旧压力以及对利润率的潜在侵蚀，也成为投资者心头 的阴云。公司股价盘后小幅下跌。 面对投资者的疑虑，CEO桑达尔·皮查伊（Sundar Pichai）和CFO阿纳特·阿什克纳兹（Anat Ashkenazi）详细阐述了高额支出的必要性，AI代理的商 业化前景以及与苹果的重磅合作。同时，还正面回击了近期"AI将杀死软件公司"的市场论调。 回应天量资本支出是为了"着眼于未来" 电话会上最引人注目的焦点无疑是Alphabet对2026年的资本支出预测。首席财务官阿纳特透露，预计2026年资本支出将在1750亿至1850亿美元之 间，且投资将随季度逐级增加。 面对分析师关于投资回报和效率的质疑，皮查伊解释称，这一支出规模是为了支持Google DeepMind的前沿模型开发，以及满足云客户激增的需 求。他指出，目前的算力供应依然紧张。 对此，CEO皮查伊给出了截然相反的判断，他试图将谷歌定 ...

"这是轮动，而不是断裂，"Nationwide首席市场策略师Mark Hackett表示。"科技股回调的同时，周期性 和防御性股票正在接棒。尽管周二的波动引人关注，但数据表明这是一轮技术性调整，而非基本面破 裂"。 在人工智能引发的软件股抛售再次蔓延至更广泛市场之际，科技股连续第二个交易日大幅下挫。 纳斯达克100指数收跌1.8%，连续第二日走低，创下去年10月以来最大两日跌幅。 资金从软件股撤出的趋势几乎没有缓解迹象，投资者担忧更强大的AI工具将带来商业冲击。 iShares扩展科技软件行业ETF下跌1.8%，AppLovin和Intapp跌幅居前。 AMD股价创下逾七年来最大跌幅，该芯片制造商的销售额预期令投资者失望。 标普500指数下跌0.5%，衡量市场波动的VIX指数徘徊在19附近。 英伟达首席执行官黄仁勋表示，本周市场因担心人工智能带来的颠覆性影响而抛售软件股，这毫无道 理。 在美国政府部分停摆导致官方数据发布受限的情况下，市场更多转向替代数据。 ADP公布的数据显示，美国企业1月新增就业人数远低于预期，表明劳动力市场在年初持续放缓。 由于业务活动有所回升，美国服务提供商上个月录得2024年以来最强 ...

来源：环球市场播报 全球财经媒体昨夜今晨共同关注的头条新闻主要有： 一位美国官员表示："他们要求我们继续举行会议，听听伊朗方面的说法。我们已经告诉阿拉伯国家， 如果他们坚持，我们会举行会议。但我们对此非常怀疑。"另一位美国官员表示，特朗普政府同意举行 会议是为了"尊重"美国在该地区的盟友，"并为了继续寻求外交途径"。 谷歌2025年营收破4000亿美元，云业务成核心增长引擎 中东多国紧急游说 美国恢复原定于6日举行的美伊谈判 当地时间2月4日，在多位中东领导人当日下午紧急游说特朗普政府放弃退出谈判的威胁后，原定于6日 举行的美伊核谈判计划得以恢复，谈判将在阿曼举行。美国稍早前曾拒绝伊朗将原定会议地点由土耳其 伊斯坦布尔改到阿曼的提议。 1、中东多国紧急游说 美国恢复原定于6日举行的美伊谈判 2、谷歌2025年营收破4000亿美元，云业务成核心增长引擎 3 、 英伟达卷入软件股抛售潮 股价四连跌 但一位分析师称这毫无道理 4 、马斯克旗下SpaceX接洽非美国银行 扩充IPO承销阵容 5、 耐克因涉嫌歧视白人工人而面临美国调查 6、 AMD股价大跌，财报令投资者失望 据悉，此次僵局引发了整个中东地区的担忧，担心 ...

Core Viewpoint - Advanced Micro Devices (AMD) stock plummeted 17%, marking its largest percentage drop since 2017, after the company's earnings report failed to meet Wall Street's high expectations [2][4]. Financial Performance - AMD reported a revenue of $10.27 billion for Q4, exceeding analyst expectations of $9.69 billion according to a FactSet survey [5]. - The revenue boost was largely attributed to unexpected chip sales in the Chinese market, raising concerns among analysts about rising expenditures [5]. Analyst Sentiment - Some analysts expressed disappointment regarding AMD's sales outlook for Q1, suggesting that investor expectations may have become overly optimistic [5]. - TD Cowen analysts noted that under normal circumstances, the earnings report would be considered "very solid" [5]. Market Context - Investors have recently adopted a stringent attitude towards stocks involved in the AI arms race, particularly due to increasing concerns about the sustainability of this trading wave [5]. - Competitors like Nvidia also experienced stock declines following their earnings reports, which, while decent, were still deemed insufficient [5].

华尔街交易员继续将资金从科技股向外轮动，投入能从经济前景改善中获益的更广泛类别的企业。黄金 价格重返5000美元关口。截至发稿，标普500指数基本持平，尽管其大部分成分股走强。纳斯达克100指 数下跌0.5%，道指走高0.4%。软件板块遭遇新一轮抛售，投资者担忧更先进的人工智能工具对它们带 来的商业风险。芯片制造商则因AMD前景未达预期而再度承压。与此同时，一项小盘股指数实现上 涨。 来源：滚动播报 ...

Core Viewpoint - The company, Electric Science Chip (600877), has over a decade of experience in mass production of consumer electronics chips, focusing on RF, power supply, and power driver products, and has established a stable quality and large-scale delivery capability for consumer electronics chips [1] Group 1: Company Experience and Product Focus - The company has more than ten years of experience in mass production of consumer electronics chips [1] - The product focus includes RF, power supply, and power driver chips commonly used in consumer electronics [1] - The company has been supplying to leading clients in the white goods and small appliances sectors [1] Group 2: Manufacturing and Quality - The company primarily uses 6/8/12-inch wafer processes for manufacturing [1] - Packaging methods include mature forms such as SOP, SSOP, and DFN, aligning with current mainstream packaging demands in consumer electronics [1] - The company has demonstrated stable quality and is capable of large-scale delivery of consumer electronics chips [1]

格隆汇2月4日｜Jefferies分析师在一份研究报告中写道，英飞凌科技的第二财季业绩预测符合预期。这 家德国芯片制造商表示，截至3月份的该财季收入料将约为38亿欧元，与Jefferies的预估一致。英飞凌的 部门业绩利润率（一项关键的盈利能力指标）预计将在百分之十几的中高段，也与Jefferies 17.5%的预 测一致。英飞凌股价下跌3%，报39.84欧元。 ...

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！ 优势物料，特价出售 品牌 型号 年份 数量 华邦 W25Q40CLWI 22+ 30K 华邦 W25Q16JVBYIQ 无 98210 金士顿 EMMC16G-MW28-GA01 两年内 3040 | 金士顿 | EMMC32G-TS0A-GA01 | 两年内 | 4560 | | --- | --- | --- | --- | | 金士顿 | EMMC64G-TY29-GA5B | 两年内 | 6080 | | Fitipower/天钰 | FP6381AS5CTR | 21+ | 10000 | | Cypress/赛普拉斯 | S29GL032N90TFI040 | 2046 | 960 | | SGMICRO/圣邦微 | SGM2588CYN5G/TR | 20+ | 3000 | | POWLICON/宝砾微 | PL56001IQN20A | 23+ | 4000 | | T ...