| 代码 | 名称 | | 涨幅%↑ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 600105 | 永鼎股份 | | -8.63 | 359亿 | -2.19 | | 600498 | 烽火通信 | | -4.80 | 512亿 | 17.52 | | 002579 | 中京电子 | | -4.63 | 69.35 Z | -7.06 | | 688102 | 斯瑞新材 | 1 | -3.91 | 305亿 | 1.55 | | 300964 | 本川智能 | - | -3.79 | 42.63 乙 | -0.81 | | 300548 | 长芯博创 | 1 | -3.49 | 434亿 | 4.72 | | 300303 | 聚长堆 | | -3.37 | 97.48亿 | 0.58 | | 002156 | 通富微电 | 1 | -3.26 | 756亿 | 32.07 | | 000938 | 紫光股份 | | -2.94 | 708亿 | 0.69 | | 603306 | 华懋科技 | | -2.55 | 234亿 | 12.9 ...

常见电子封装材料分为陶瓷材料、塑料材料、金属材料及复合材料四类，金刚石热沉材料天然热导率高 达2000-2500W/(m.K)，达到铜的4倍、铝的8倍以上，同时其热膨胀系数与半导体芯片核心材料硅与碳化 硅高度匹配，热学性能的高度相似确保金刚石热沉在经历上万次温度循环后仍能保持界面稳定，有效避 免因热膨胀失配导致的界面脱层问题。 MPCVD法是制备半导体金刚石材料的较优方案 金刚石材料按照结构可分为单晶及多晶金刚石，两类材料在性能表现及应用等层面呈现区别。多晶金刚 石多用于需要高导热性、红外透过性及耐磨性领域;单晶金刚石在电子器件可承受大功率、高效率、超 高频工作方面展现出独有优势。金刚石合成工艺分为高温高压法和化学气相沉积法，高温高压法适合大 规模合成金刚石，化学气相沉积法适合更精细可控的金刚石生长，面向半导体领域的晶圆级金刚石通过 化学气相沉积(CVD)制备。在热丝法、MPCVD法及直流等离子体喷射法三类CVD方法中，MPCVD因 没有电极污染而被认为是较优方案。 智通财经APP获悉，华安证券发布研报称，航天航空、电子技术等领域飞速发展，推动芯片级和模块级 电子设备向着微型化、多功能化、高功率密度方向发展。 ...

资金流入方面，半导体设备ETF易方达(159558)最新资金净流入1.62亿元。拉长时间看，近5个交易日内 有4日资金净流入，合计"吸金"3.77亿元。 财通证券指出，随着摩尔定律趋近极限，芯粒集成成为提升AI芯片性能的核心路径，英伟达 Hopper/Blackwell系列GPU及博通主力AI芯片均已采用2.5D/3DIC方案；当前全球80%以上2.5D产能集中 于台积电、英特尔与三星，而国内长电科技XDFOI工艺已进入量产，通富微电南通基地推进2D+先进封 装升级，华天科技完成2.5D/3D产线通线，甬矽电子HCOS平台进入客户验证阶段，盛合晶微拟募资建 设覆盖2.5D/3D Package的规模化产能，2026年有望成为国产先进封装从小批量向大规模扩张的起点。 截至1月29日，半导体设备ETF易方达(159558)近1月规模增长31.86亿元，实现显著增长。半导体设备 ETF易方达(159558)最新份额达21.80亿份，创成立以来新高。 截至2026年1月30日 10:22，半导体设备ETF易方达(159558)盘中换手2.39%，成交1.12亿元。 相关标的：半导体设备ETF易方达（159558，A/ ...

Core Viewpoint - Taiwan Semiconductor Manufacturing is experiencing strong demand and robust financial performance, making it a key player in the AI and semiconductor markets [1][2]. Financial Performance - The company reported a 35% increase in net income last quarter, marking the eighth consecutive year-over-year profit growth [2]. - Revenue growth was recorded at 21% for the most recent quarter ending December 31, 2025 [2]. Market Position - Taiwan Semiconductor is a leading manufacturer in the semiconductor industry, benefiting from the growing demand for AI-related technologies [1][4]. - The company's market capitalization is approximately $1.8 trillion, positioning it among the most valuable companies globally [7]. Valuation Metrics - The forward price-to-earnings (P/E) ratio is around 26, which is higher than the S&P 500 average of 22, but is considered reasonable given the company's growth potential in AI [6]. - Despite the stock reaching an all-time high, it is suggested that there may still be significant upside potential for future investments [7]. Investment Considerations - The strong profit margins and consistent earnings growth make Taiwan Semiconductor an attractive long-term investment option [4]. - The stock has appreciated by 50% over the past 12 months, indicating strong market interest [2].

阿里在内部提出一个新概念：通云哥——通义实验室、阿里云和平头哥，即大模型、云计算和芯片三位 一体发展，这三个板块被称为阿里AI黄金三角。阿里巴巴集团CEO吴泳铭也参与了这场交流，他 说："云+Al+芯片"是未来实施阿里科技战略当中最重要的三角支撑。未来十年云计算最大的增量和变 量都是以AI为核心驱动力带来的变革。软硬件高度一体协调的AI模型，将会是下一代云计算公司的必 备武器。据了解，平头哥真武PPU累计出货量已达数十万片，超过寒武纪，在国产GPU厂商中属于第一 梯队。一周前，阿里决定支持旗下芯片公司平头哥未来独立上市。阿里正在试图构建自己的AI叙事， 它将千问大模型推向开源，押注大生态，为云业务打开增量空间，阿里已经从中得益，云业务营收预期 单季度能有30%-40%的增长，每次股价上涨几乎都和AI有关。（晚点LatePost） ...

"传统半导体器件想要在太空中正常使用，要么'加人'，要么'穿衣服'。"复旦大学集成电路与微纳 电子创新学院副院长周鹏教授形象地解释，"'加人'就是增加半导体的部件，例如把原先的1个部件增加 到10个，即使1个坏了，还有9个可以继续工作。'穿衣服'就是给半导体加一个金属材质的保护壳，将宇 宙射线粒子尽可能挡在外面。"但无论"加人"还是"穿衣服"，都未能提升器件本身的抗辐射性能，不 仅"治标不治本"，还会大幅增加重量、体积，为航天卫星"寸土寸金"且极其有限的载荷空间带来极大负 担。 "青鸟"系统采用的原子层半导体巧妙地解决了这个问题。所谓原子层半导体，指的是将半导体原子 在二维平面上进行排布，形成只有一个或几个原子厚度的单层膜。与硅这种传统的三维体相半导体不 同，当宇宙射线粒子射向这层膜时，就像光穿过一层超薄玻璃，几乎不会伤害这层膜本身。这层只有 0.68纳米厚度的膜不仅本身重量超轻，也无需增加备份部件或是厚重的防护壳，还具有高度节能特性， 为常常依赖太阳能或有限星载电池的太空任务提供更多能源保障。 无论在地面上做多少理论验证，都无法完全模拟真实太空中的复杂辐射场。复旦大学集成电路与微 纳电子创新学院副教授马顺利 ...

GSI (NasdaqGS:GSIT) Q3 2026 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsDidier Lasserre - VP of SalesDouglas Schirle - CFOLee-Lean Shu - Chairman, President, and CEOConference Call ParticipantsRobert Aguanno - Research AnalystOperatorWelcome to GSI Technology's Q3 Fiscal 2026 Results Conference Call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. At that time, we will provide instructions for those interested in entering the q ...

GSI (NasdaqGS:GSIT) Q3 2026 Earnings call January 29, 2026 04:30 PM ET Company ParticipantsDidier Lasserre - VP of SalesDouglas Schirle - CFOLee-Lean Shu - Chairman, President, and CEOConference Call ParticipantsRobert Aguanno - Research AnalystOperatorWelcome to GSI Technology's third quarter fiscal 2026 results conference call. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. At that time, we will provide instructions for those interested in ent ...

Group 1: Software Sector Performance - Software stocks are experiencing a significant selloff, with the IGV tech software sector ETF dropping about 5%, marking its worst day since last April, and down almost 14% month-to-date, on track for its worst month since October 2008 [1] - Investor skepticism is overshadowing strong earnings, as Service Now's stock fell nearly 10% despite better-than-expected quarterly results, and Microsoft also dropped 10% due to slowed cloud growth and softer operating margin guidance [2] Group 2: AI Investment Developments - Major tech companies Nvidia, Microsoft, and Amazon are reportedly in discussions to invest between $60 billion to $100 billion in OpenAI, potentially one of the largest private funding rounds in tech history, with Nvidia possibly contributing up to $30 billion [3][4] - If these investments materialize, OpenAI's valuation could exceed $830 billion, reflecting the surging demand for AI technologies [5] Group 3: Trade Balance and Economic Indicators - The trade balance nearly doubled in November, with the deficit growing 95% to $56.8 billion, following the lowest level since 2009, driven by a 5% increase in imports and a 3.6% decrease in exports [6][7] - The Atlanta Fed's GDP estimate dropped from 5.4% to 4.2%, influenced by the extreme trade numbers that have skewed economic fundamentals [7][8] Group 4: Earnings and Market Reactions - There is a notable trend where both earnings misses and beats are leading to stock declines, indicating a shift in market sentiment compared to previous quarters [10] - Exxon Mobil is anticipated to report flat EPS growth of $1.65 per share on declining revenue of approximately $82 billion, with a historical track record of beating EPS estimates 88% of the time [11][12] - Apple shares have shown a retail uptick ahead of its earnings report, with a focus on margins and memory stories, while suppliers in Asia are also being monitored for their performance [14][16]

Financial Data and Key Metrics Changes - Revenue in Q3 fiscal 2026 increased by 12% year-over-year and 28.5% on a fiscal year-to-date basis, reaching $6.1 million compared to $5.4 million in Q3 fiscal 2025 [3][12] - Gross margin decreased to 52.7% in Q3 fiscal 2026 from 54% in Q3 fiscal 2025, primarily due to product mix [12] - Operating loss for Q3 fiscal 2026 was $6.9 million, compared to an operating loss of $4.1 million in the prior year [13] - Net loss in Q3 fiscal 2026 was $3 million, or $0.09 per diluted share, compared to a net loss of $3.2 million, or $0.11 per diluted share in the previous quarter [14][15] - Cash and cash equivalents increased to $70.7 million as of December 31, 2025, primarily due to $46.9 million in net proceeds from a registered direct offering [17] Business Line Data and Key Metrics Changes - Sales to KYEC were $1.1 million, or 17.9% of net revenues, down from $1.2 million, or 22.7% in the same period a year ago [10] - Sales to Nokia increased to $675,000, or 11.1% of net revenues, compared to $239,000, or 4.4% in the same period a year ago [11] - Military defense sales accounted for 28.5% of third-quarter shipments, slightly down from 30% in the comparable quarter a year ago [11] Market Data and Key Metrics Changes - The company is focusing on defense applications, which have shown early success, particularly with the U.S. Department of Defense [21] - The partnership with G2 Tech aims to leverage the company's technology for real-world applications, including drones and smart cities [24] Company Strategy and Development Direction - The company is advancing its APU roadmap and hardware development, with plans to tape out Plato in early 2027 [3] - The partnership with G2 Tech for the Sentinel program is expected to enhance the company's capabilities in autonomous perimeter security [4] - The focus is on non-dilutive R&D funding through government defense programs and strategic partnerships to support development [5] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about strong demand from major customers in the first half of calendar 2026 [3] - The company anticipates receiving over $1 million in government funding for the Sentinel project, which will offset R&D expenses [6] - The outlook for Q4 fiscal 2026 is net revenues in the range of $5.7 million to $6.5 million, with a gross margin of approximately 54% to 56% [18] Other Important Information - The company is expanding cash disclosures in its quarterly earnings to provide better insights into cash consumption and generation [16] - Total operating expenses in Q3 fiscal 2026 were $10.1 million, up from $7 million in the prior year [12] Q&A Session Summary Question: Importance of defense applications for Gemini 2 - Management highlighted that military and defense sectors have been the quickest to adopt their technology, with successful partnerships and applications already established [21][24] Question: Timelines for government funding - Management indicated a continuous pipeline of submissions for SBIRs and other funding opportunities, emphasizing the non-dilutive nature of this funding [26]