今日（12.30），算力板块再度走高，云计算ETF汇添富（159273）涨近1%，盘中成交额超1300万元！ 消息面上，12月30日，科技巨头Meta已完成对人工智能初创公司蝴蝶效应的收购，后者开发了AI智能体Manus。据真格基金合伙人透露，这是Meta自成立以 来的第三大并购，收购金额仅次于WhatsApp和Scale AI。合并完成后，蝴蝶效应将在公司、团队和产品层面继续保持独立运营，同时与Meta旗下核心全球消 费级产品进行深度整合。 据了解，这项收购花费数十亿美元，创始人将出任Meta副总裁。在被Meta收购前，Manus正以20亿美元估值进行新一轮融资。此次收购谈判进展迅速，前后 仅耗时十余天。Manus官方博客显示，自Manus发布以来，其主要构建通用型AI Agent，帮用户高效完成研究、自动化和复杂任务。据12月初统计的数据， 上线至今，Manus已处理超过147万亿个token，并创建了超过8000万台虚拟计算机。今年8月，Manus核心人物季逸超在新加坡的一场活动上宣布，Manus收 入运行率（Revenue Run Rate，RRR）达到9000万美元。 云计算ETF汇添富（15927 ...

12月30日，港股指数集体高开，其中恒生指数上涨1.17点报25636.4点；恒生科技指数上涨20.6点，涨幅 0.38%报5503.61点；国企指数上涨10.74点，涨幅0.12%报8902.45点；红筹指数上涨6.41点，涨幅0.16% 报4026.9点。 盘面上，大型科技股走势分化，腾讯控股涨0.34%，京东集团涨0.8%，网易跌0.56%，美团跌0.19%，快 手跌0.55%；芯片股高开，英诺赛科涨超4%；汽车股普遍上涨，蔚来涨超5%；黄金股普跌，紫金黄金 国际跌超2%；今日6股上市，英矽智能、美联股份、五一视界、林清轩、迅策高开，卧安机器人平开。 此外，港股6只新股今日齐挂牌：英矽智能大涨45.5%，美联股份涨15.63%，五一视界涨14.75%，林清 轩涨9.3%，迅策、卧安机器人基本平开。 亨鑫科技(01085.HK)：附属拟投资的350MW光热电站已具备开工条件。 企业新闻 中国能源建设(03996.HK)：附属联合体中标陕西省安康市恒口示范区恒河、月河流域生态综合治理项 目。公告称，中标总金额68.64亿元人民币。项目建设内容包括流域治理、交通基建、城市更新、水利 设施与环保工程等，总工期为 ...

Core Insights - The "14th Five-Year Plan" emphasizes extraordinary measures to achieve decisive breakthroughs in key core technologies across various sectors, including integrated circuits and artificial intelligence [1] - The launch of the Huabao Science and Technology Chip ETF aims to provide investors with a tool to capitalize on the growth of China's domestic chip industry [1][2] Industry Overview - The chip industry is a core battleground for major countries, with the Huabao Science and Technology Chip ETF tracking the Shanghai Stock Exchange's chip index, which includes 50 companies involved in semiconductor materials, design, manufacturing, and testing [2] - As of November 2025, the index's components focus heavily on upstream and midstream sectors, with chip design and semiconductor materials and equipment accounting for 80.48% of the index [2][4] Performance Metrics - The Huabao Science and Technology Chip Index has shown strong performance, with an annualized return of 17.43% from December 31, 2019, to November 30, 2025, outperforming similar indices [6][9] - The index's components reported a 94.22% increase in net profit for the first three quarters of 2025, leading peers in the semiconductor sector [9] Key Companies - The top three companies in the Huabao Science and Technology Chip Index include Haiguang Information (10.86% weight), Cambricon (9.84% weight), and SMIC (8.87% weight) [4][5] - The index is designed to limit individual stock weights to a maximum of 10%, with quarterly adjustments to its components [4] Investment Opportunities - The launch of the Huabao Science and Technology Chip ETF is seen as a significant addition to Huabao Fund's portfolio, which already includes various ETFs focused on high-tech and AI sectors [10]

来源：智通财经 根据招股书，2022年至2024年，天数智芯服务客户数已从22家增长至181家。截至2025年6月30日，累计 出货量达5.2万片，产品已在超过290家客户中完成超900次实际部署。（智通财经记者 徐美慧） 12月30日，智通财经记者获悉，天数智芯正式启动招股，至2026年1月5日结束，并计划于1月8日正式 以"9903"为股票代码在港交所挂牌上市。据了解，天数智芯拟全球发售2543万股，以每股144.60港元的 发行价计算，天数智芯此次募资额约为37亿港元，IPO市值将达354.42亿港元。 智通财经记者了解到，目前，天数智芯已与18家基石投资者签署协议，拟认购15.83亿港元的发售股 份。基石投资者包括有中兴通讯（香港）、UBS AM Singapore、华胜天成（香港）、第四范式、安擎 国际、汇添富（香港）、华夏基金（香港）、芯鑫控股、明山资本等。 ...

12月29日，北京君正跌0.36%，成交额31.79亿元。两融数据显示，当日北京君正获融资买入额3.77亿 元，融资偿还3.90亿元，融资净买入-1265.40万元。截至12月29日，北京君正融资融券余额合计26.42亿 元。 融资方面，北京君正当日融资买入3.77亿元。当前融资余额26.18亿元，占流通市值的4.89%，融资余额 超过近一年50%分位水平，处于较高位。 融券方面，北京君正12月29日融券偿还1.05万股，融券卖出1300.00股，按当日收盘价计算，卖出金额 14.43万元；融券余量21.58万股，融券余额2395.28万元，超过近一年90%分位水平，处于高位。 资料显示，北京君正集成电路股份有限公司位于北京市海淀区西北旺东路10号院东区14号楼A座一至三 层,香港铜锣湾勿地臣街1号时代广场2座31楼，成立日期2005年7月15日，上市日期2011年5月31日，公 司主营业务涉及微处理器芯片、智能视频芯片等ASIC芯片产品及整体解决方案的研发与销售;存储芯片 和模拟芯片的研发和销售。主营业务收入构成为：存储芯片61.56%，计算芯片26.87%，模拟与互联芯 片10.84%，其他0.53%，其 ...

Core Viewpoint - The "14th Five-Year Plan" emphasizes extraordinary measures to drive breakthroughs in key technologies across various sectors, including integrated circuits and artificial intelligence, positioning China's chip industry for significant growth opportunities [1][14]. Industry Overview - The semiconductor industry is a core battleground for major powers, with the newly launched Huabao Science and Technology Chip ETF tracking the Shanghai Stock Exchange's Chip Index, which includes 50 companies involved in semiconductor materials, design, manufacturing, packaging, and testing [2][14]. - As of November 2025, the Shanghai Stock Exchange Chip Index has a significant focus on upstream and midstream sectors, with chip design and semiconductor materials and equipment accounting for 80.48% of the index [15][16]. Performance Metrics - The Shanghai Stock Exchange Chip Index has shown strong performance, with an annualized return of 17.43% from December 31, 2019, to November 30, 2025, outperforming similar indices [5][18]. - The index's maximum drawdown during the same period was -56.81%, which is better than other comparable indices [5][18]. Financial Highlights - The net profit of the index's constituent companies surged by 94.22% in the first three quarters of 2025, leading among similar indices [20]. - Research and development investment for these companies reached 119.7 billion yuan, with a research intensity of 11.22%, significantly higher than the overall A-share market level of 2.16% [20]. Key Holdings - The top three companies in the index by weight are Haiguang Information (10.86%), Cambricon (9.84%), and SMIC (8.87%), with the index capping individual stock weights at 10% [17][16].

大型科技股多数下跌，特斯拉跌超3%，消息面上，"木头姐"Cathie Wood出售价值3000万美元的特斯拉股票。 英伟达跌超1%，微软、奈飞、亚马逊、Meta小幅下跌；英特尔涨超1%，苹果、谷歌小幅上涨。全球存储芯片巨头美光科技涨超3%， 股价创历史新高。 贵金属板块跌幅居前，哈莫尼黄金跌超8%，泛美白银、金罗斯黄金超跌5%。 美东时间周一，美股三大指数均小幅收跌，截至收盘，道指跌0.51%，纳指跌0.5%，标普500指数跌0.35%。 纳斯达克中国金龙指数收跌0.67%。蔚来涨近5%，爱奇艺、百度涨超1%；阿里巴巴跌超2%，名创优品跌近2%，哔哩哔哩跌超1%。 富时A50期指连续夜盘收跌0.16%，报15341点。 周一（12月29日）纽约尾盘（周二北京时间05:59），离岸人民币（CNH）兑美元报6.9971元，较上周五纽约尾盘涨74点，日内整体交 投于7.0152~6.9936元区间。 周一（12月29日）纽约尾盘，CME比特币期货BTC主力合约较上周五纽约尾盘跌0.30%，报87695美元，北京时间12:38曾涨至90990美 元。 CME以太币期货DCR主力合约涨0.36%，报2947.50美元， ...

Groq CEO罗斯与黄仁勋 凤凰网科技讯北京时间12月30日，英伟达已经收购了AI芯片创业公司Groq的主要资产，只不过以"授权 协议"的名义来规避反垄断审查。《华尔街日报》周一披露了这笔交易的更多细节。 据知情人士透露，英伟达将支付200亿美元与Groq达成一项非排他性授权协议，其中约130亿美元已汇 至该创业公司，其余款项将于未来几个月内支付。有知情人士表示，交易总金额包含跳槽英伟达的 Groq员工股权激励方案。 知情人士称，此前曾在谷歌工作并协助开发TPU芯片的Groq创始人罗斯，已获得价值至少数亿美元的英 伟达股权激励。罗斯持有Groq约10%的股份，按照英伟达交易的名义价值计算，这部分股权价值20亿美 元。 作为协议的一部分，罗斯、Groq总裁桑尼.马德拉(Sunny Madra)和其他高管将加入英伟达，协助推进并 发展该授权技术。 其他有望获得可观回报的投资者还包括Groq最大外部投资者、风投机构Disruptive(该公司在最近一轮融 资中以69亿美元估值领投了Groq)，以及查马斯.帕里哈皮蒂亚(Chamath Palihapitiya)的Social Capital、贝 莱德集团和小唐纳德 ...

Core Viewpoint - Tongyi Technology (300960.SZ) is extending its business into the power IoT chip sector through a high-premium acquisition of 91.69% equity in Beijing Silingke Semiconductor Technology Co., Ltd. for 561 million yuan, which will significantly enhance its core competitiveness in the market [1][2]. Group 1: Acquisition Details - The acquisition involves a total valuation premium of 387.41% for Silingke, with the company expected to generate a net profit of no less than 175 million yuan over the next three years [1][3]. - The transaction price of 561 million yuan represents 57.6% and 90.52% of Tongyi Technology's total assets and net assets, respectively, constituting a major asset restructuring [2][3]. - Following the acquisition, Tongyi Technology will see an increase in goodwill amounting to 359 million yuan [3][4]. Group 2: Financial Implications - Post-acquisition, Tongyi Technology's asset-liability ratio is projected to rise from 37.53% to 66.95%, indicating a significant increase in financial risk [1][7]. - As of July 2025, Tongyi Technology's cash and cash equivalents stand at 200 million yuan, which presents a funding gap against the total payment of 561 million yuan for the acquisition [7]. - The financial performance of Silingke shows a decline, with a net profit of -3.25 million yuan in the first seven months of 2025, raising concerns about future profitability [6][7]. Group 3: Market and Product Strategy - The acquisition allows Tongyi Technology to apply high-speed power line carrier chips in rail transit systems, thereby expanding its market application range [3][6]. - Silingke's main products include high-speed power line carrier communication chips and modules, which are crucial for the power IoT sector [2][3]. - The sales to the top five customers account for 75.14% of Silingke's revenue, with the largest customer being the State Grid, indicating a concentrated customer base [6][7].

智通财经APP获悉，英伟达(NVDA.US)周一完成了一笔备受关注的交易，以约50亿美元的总价收购英特 尔股票，每股作价23.28美元，较英特尔(INTC.US)上周五收盘价折让约36%。该交易已于本月早些时候 获得美国联邦贸易委员会(FTC)批准。 消息公布以来，英特尔股价累计上涨约45%。截至周一收盘，英特尔上涨1.33%，英伟达跌1.21%。 此次入股也被视为对英特尔的一次关键"输血"。近年来，英特尔在数据中心和先进制程领域持续落后， 眼看着英伟达以及台积电(TSM.US)等竞争对手迅速拉开差距。数据显示，英特尔在数据中心设备市场 的份额已从2021年的约70%，骤降至最近一个季度的7%。 分析人士指出，这笔投资不仅为英特尔提供了急需的资金支持，也在战略层面为其争取了与AI生态核 心厂商更深度合作的机会。 不过，双方并未就一个关键问题作出说明：英伟达是否会使用英特尔仍在承压的晶圆代工业务来生产其 芯片。目前，英伟达芯片主要由台积电代工。英伟达方面拒绝就相关项目进展发表评论，英特尔也尚未 回应媒体的置评请求。 投资者普遍将此举解读为英伟达向英特尔投下的一张"信任票"。今年以来，英特尔已获得多方资金支 持， ...