格隆汇2月26日丨优迅股份(688807.SH)在互动平台表示，公司专注于高速电芯片领域，具备50G/100G速 率EML相关电芯片的自研能力，相关产品目前处于送样测试阶段，尚未实现量产。 ...

振华风光公告称，2025年公司实现营业总收入71,116.46万元，同比下降33.11%；归属于母公司所有者 的净利润13,514.69万元，同比下降58.10%；扣非净利润11,043.94万元，同比下降61.96%。期末总资产 为560,642.41万元，较期初增长2.27%；归母所有者权益为503,041.51万元，较期初增长2.13%。主要因 产品验收周期长、持续降价及新产品未量产，未能对冲经营压力。 ...

格隆汇2月26日｜群益证券(香港)研报指出，Meta与AMD宣布合作，将部署总计六千兆瓦AMD的晶片 （MI450）。预计未来数年内将为AMD带来超千亿美元规模的收入。通富微电作为AMD的核心封测厂 商，有望深度受益于大客户业务规模的提升，上调2027年盈利预测5%。就金额来看，预计订单总金额 将超千亿美金。此次合作利好通富微电，通富微电是AMD的核心封装厂（通富微电收购AMD的海外封 测业务），通富微电槟城及苏州厂AMD均参股15%，因此公司收入端有录得较多增量，长期影响正 面。另外，通过定增，公司将抓住AI、国产替代的战略机遇期，将进一步扩大公司在封测领域的影响 力，长期影响正面。目前股价对应2026-2027年PE分别为40倍和26倍，予以"买进"评级。 ...

Core Insights - The report from Barclays titled "AI: East vs. West" analyzes the competitive landscape of AI between the US and China, highlighting that the US currently leads due to its financial resources and early advantages, while China is rapidly catching up with its cost-effective and highly applicable AI solutions [1][4]. Market Status - The AI market is experiencing a dichotomy where the US is "on fire" with soaring valuations and performance, while China is "recovering" from previous downturns, particularly in the tech sector [3][11]. - The S&P 500's forward P/E ratio has expanded from 15.3x at the end of 2022 to 21.7x, driven largely by AI advancements [13][56]. Competitive Dynamics - The report categorizes the AI industry into three layers: Application, Model, and Compute, with distinct strategies from both countries in each layer [1][12]. - In the application layer, US AI applications have a broader global reach, while Chinese applications are predominantly domestic, with DeepSeek and Doubao leading in user numbers but lacking significant overseas penetration [10][40]. - The model layer shows that Chinese companies are adopting an open-source approach, significantly reducing costs, with DeepSeek's latest model priced at approximately 3% of GPT-5.2's cost, while US companies maintain a more closed, proprietary model strategy [3][10][49]. - In the compute layer, US tech giants are expected to spend over $500 billion in capital expenditures, significantly outpacing Chinese firms, which are constrained by access to high-end chips [3][29][38]. Investment Implications - The competition between the US and China in AI is expected to lead to more affordable and accessible AI applications for consumers, benefiting the overall market [2][4]. - Chinese AI is no longer viewed merely as a "follower" but is demonstrating unique strengths in application deployment and cost management, indicating a shift in the competitive narrative [2][4]. Future Outlook - The report suggests that while the US may maintain a short-term lead in AI capabilities, China's long-term outlook remains strong due to its innovative approaches and large domestic market [4][5]. - The ongoing competition is likely to evolve from a focus on technological superiority to one centered on practical applications that can transform everyday life and work [2][4].

Group 1 - Nvidia reported $68 billion in sales for its fiscal fourth quarter, a 20% increase that surpassed analyst expectations, indicating strong demand in the computing sector [1][3] - The company's net income reached $43 billion, reflecting a 35% year-over-year growth [2][7] - Nvidia's data center business, which includes chips and networking gear for AI and cloud services, accounted for 91.4% of total sales, amounting to $62.3 billion [3] Group 2 - Nvidia is currently valued at nearly $5 trillion, making it the most valuable publicly traded company and a key indicator for the AI sector [4] - The company's research and development budget of $20 billion has significantly contributed to its revenue growth [4] - Nvidia's stock price has fluctuated due to concerns over potential overinvestment in AI technology, but it has shown resilience, closing at $195.56 before earnings were announced [5]

IT之家 2 月 26 日消息，AMD 与超融合企业 Nutanix 当地时间 25 日共同宣布，双方将建立战略合作伙伴关系。与此同时，AMD 将向 Nutanix 进行 1.5 亿美 元的战略投资（IT之家注：现汇率约合 10.33 亿元人民币）并提供 1 亿美元资金用于双方合作。 AMD 同 Nutanix 将携手开发一个开放的全栈式 AI 基础设施平台，旨在为各种环境下的智能体 AI 应用提供支持。 此次合作将结合芯片、开放运行时软件、企业级云编排技术，在 AMD EPYC 霄龙 CPU 和 AMD Instinct GPU 上优化 Nutanix 云平台和 Nutanix Kubernetes 平 台，并将 AMD ROCm 软件生态系统和 AMD 企业级 AI 平台集成到 Nutanix 全栈 AI 解决方案中。 Nutanix 同日还公布了该企业的 FY2026Q2 财报，在截至 2026 日历年 1 月 31 日的三个月中，该企业实现 7.228 亿美元收入，同比增长 10%；ARR 年度经常 性收入升至 23.6 亿美元，同比增长 16%。 ...

我要对简总经理多年来的领导表达最深的感谢，协助联电度过许多重大机会与挑战。 王石：联席总经理 → 执行长（首席执行官、CEO）； 徐明志：执行副总经理 → 总经理兼营运长（首席运营官、COO），入选董事会； 简山杰：联席总经理 → 转投资企业欣兴电子董事长。 IT之家 2 月 26 日消息，台湾地区晶圆代工大厂联华电子（联电、UMC）昨日宣布高管人事变动，涉及总经理、首席执行官等头部岗位。 IT之家了解到，联电自 2017 年起由王石和简山杰担任联席总经理，两位高管带领公司进行战略转型，专注于高成长市场的特殊工艺技术，任 内市值成长约五倍。联电表示此次人事变动旨在落实公司高阶经理人接班规划，并确保公司持续具备竞争力。 联电董事长洪嘉聪表示： 为了因应快速变化的产业环境与市场机会，联电持续调整组织架构。这项调整旨在进一步强化执行力、提升决策效率，同时维持策 略的延续性。 ...

TORONTO, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Xanadu (Xanadu Quantum Technologies Inc.), a world leader in photonic quantum computing, in partnership with Mitsubishi Chemical, a major Japanese chemical manufacturer, has announced the release of a new paper detailing a novel quantum simulation technique for semiconductor chip research and development. The pre-print research paper provides a scalable technique for simulating quantum processes involved in extreme ultraviolet (EUV) lithography, a wafer patterning ...

Exclusive: DeepSeek withholds latest AI model from US chipmakers including Nvidia, sources say | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Nvidia and Deepseek logos are seen in this illustration taken, January 27, 2025. REUTERS/Dado Ruvic/Illustration//File Photo [Purchase Licensing Rights, opens new tab]- Companies- Summary- China strategy may be to place US hardware, models at disadvantage, research firm says- US official say ...

格隆汇2月25日丨赛微电子(300456.SZ)在投资者关系中表示，有被问到：近年来 MEMS 行业的整体增 速并不高，请问公司如何看待 MEMS 行业未来的市场规模？ 答：随着万物互联与智能传感时代的到来，物理世界与数字世界需要相互连接的桥梁，无论科技及应用 如何发展，均离不开对真实世界的感知，人、设备、自然世界之间及内部各自之间的感知、联系均需要 通过声、热、光、电、磁、运动等等各种基础器件来辅助实现，基础感知及执行器件的应用场景将越来 越丰富，通过半导体工艺批量标准化制造的MEMS芯片，具备小型化、低成本、低功耗、高集成度等突 出特点，正在对部分传统传感器件进行渗透及替代。我们认为，基于"软硬件一体配比"的逻辑，相较于 IC芯片产业的规模体量，MEMS芯片产业仍处于发展初期，体量仍小，未来发展前景广阔。 ...