21世纪经济报道记者雷晨 2月11日，有媒体援引知情人士消息称，字节跳动正研发AI芯片，计划3月底前收到芯片样品，今年至 少生产10万颗AI推理芯片，后续还拟将产量提升至35万颗。 针对自研芯片的消息，字节跳动对记者表示目前暂无回应。 字节跳动在AI领域布局全面，核心业务均深度依赖AI技术，近年来更发力大语言模型等前沿领域，推 出豆包等AI产品。 据媒体此前报道，在AI基础设施上，字节跳动已构建庞大计算集群，据悉自2022年起便启动云端训练 和推理芯片自研，旨在搭建完整AI技术栈。 随着行业对算力需求的不断增长，字节跳动无论是选择自研AI芯片还是继续外部采购，都旨在解决一 个核心问题：掌握发展的主动权。 （文章来源：21世纪经济报道） 当前全球科技竞争加剧，AI芯片已成科技巨头布局重点，谷歌TPU、亚马逊Inferentia、特斯拉Dojo等均 是其自研成果，核心目的是降低对外部供应商的依赖。 ...

Core Viewpoint - ByteDance is developing an AI inference chip codenamed SeedChip, with plans to receive samples by the end of March and produce at least 100,000 units this year, aiming to increase production to 350,000 units later [1] Group 1: Company Developments - ByteDance is reportedly working on AI chips to reduce reliance on external suppliers, similar to initiatives by tech giants like Google, Amazon, and Tesla [1] - The company has been actively investing in AI infrastructure, having built a large computing cluster and initiated the development of cloud-based training and inference chips since 2022 [1] Group 2: Industry Context - The global competition in technology is intensifying, with AI chips becoming a focal point for major tech companies [1] - ByteDance's core business heavily relies on AI technology, and the company has been advancing in cutting-edge areas such as large language models, launching AI products like Doubao [1] Group 3: Strategic Goals - The primary objective for ByteDance, whether through self-developed AI chips or external procurement, is to gain control over its development trajectory in response to the growing demand for computing power in the industry [1]

Core Viewpoint - ByteDance is developing an AI chip and is in talks with Samsung for manufacturing, aiming to produce at least 100,000 units this year [1][2]. Group 1: AI Chip Development - ByteDance is reportedly developing an artificial intelligence chip and plans to receive sample chips by the end of March [1]. - The company aims to manufacture at least 100,000 units of the AI inference chip in 2023, with plans to scale production to as many as 350,000 units gradually [2]. Group 2: Collaboration with Samsung - ByteDance is negotiating with Samsung not only for manufacturing the AI chips but also for securing memory chip supplies, which are in high demand due to global AI infrastructure expansion [2]. - The collaboration with Samsung marks a significant step in ByteDance's multi-year effort to build in-house chips for AI workloads, which began with hiring chip-related talent in 2022 [2].

11 February 2026 | 12:10AM HKT Equity Research SMIC (0981.HK): 4Q25 OP beat; UT rate and ASP sustained; 1Q26 Rev guidance in line 4Q25 Revenue of US$2.5bn (+13% YoY/ +4% QoQ) was 3%/ 3% higher than GSe/ Bloomberg consensus, and beyond mgmt. guidance of +0%~+2% QoQ. 4Q25 GM of 19% was in-line with management's guidance (18%~20%) and our / street's expectation of 19.3%/ 20.0%. The revenue growth were driven by wafer shipment increase of +1% QoQ and ASP increase of +1% QoQ, while the gross margin trended down ...

Initiating Coverage on Montage-H; Adjusting TP for Montage-A CITI'S TAKE We initiate coverage on Montage-H (6809.HK) with a Buy rating and a TP of HK$205 based on 54x 12-M fwd. P/E (10% discount to Montage-A, 688008.SS) after the stock's HKEx listing on 9-Feb, 2026. We also raise our Montage forecast on revenue/earnings upside and lift Montage-A TP to Rmb205 (from Rmb170) and maintain Buy. Montage-A shares have risen 35% YTD (vs. SSE Index +2%) on strong, secular AI infrastructure growth. Recent agentic AI ...

消息面上，2月10日晚间，上交所官网显示，盛合晶微半导体有限公司科创板IPO将于2月24日上会迎 考。 机构指出，重视盛合晶微上市带来的半导体设备催化。先进封装涉及光刻、刻蚀、薄膜沉积、电镀、键 合、测试等多个环节，与前道晶圆制造有诸多工艺重叠。随着盛合晶微募资扩产，将直接拉动相关设备 的需求，有望带动整个国产半导体设备及材料供应链的价值重估和订单释放，为相关供应商带来确定性 的发展机遇。 科创半导体设备ETF鹏华紧密跟踪上证科创板半导体材料设备主题指数，上证科创板半导体材料设备主 题指数选取科创板内业务涉及半导体材料和半导体设备等领域的上市公司证券作为指数样本，以反映科 创板半导体材料和设备上市公司证券的整体表现。 数据显示，截至2026年1月30日，上证科创板半导体材料设备主题指数(950125)前十大权重股分别为华 海清科、中微公司、拓荆科技、中科飞测、沪硅产业、芯源微、安集科技、华峰测控、天岳先进、盛美 上海，前十大权重股合计占比73.89%。 截至2026年2月11日 11:22，上证科创板半导体材料设备主题指数(950125)成分股方面涨跌互现，有研硅 领涨4.75%，华峰测控上涨2.15%，沪硅 ...

2月10日晚间，天水华天科技股份有限公司（以下简称"华天科技"，002185）正式披露重大资产重组公告，宣布 拟以发行股份及支付现金相结合的方式，收购华天电子集团等27名交易对方合计持有的华羿微电子股份有限公 司（以下简称"华羿微电"）100%股份，交易总价达29.96亿元，这家国内封测龙头企业正式启动对功率半导体领 域的全方位布局，全力打造综合性半导体封测集团。 | 项目 | 标的公司 (2024 年末 | 上市公司 (2024 年末 | 交易作价 | 计算指标 | 财务指标占比 | | --- | --- | --- | --- | --- | --- | | | /2024 年度) | /2024 年度) | | | | | 资产总额 | 221,977.40 | 3,823,594.86 | 299,600.00 | 299,600.00 | 7.84% | | 资产净额 | 107,130.93 | 2,031,437.24 | | 299,600.00 | 14.75% | | 营业收入 | 138,284.82 | 1,446,161.71 | | 138,284.82 | 9.56% | 作为 ...

Group 1 - The semiconductor industry is currently in an upward cycle, driven primarily by AI, with significant capital expenditure growth expected from major North American cloud providers in 2025 and 2026, which will boost demand for AI computing hardware infrastructure [1] - Global semiconductor sales increased by 37.1% year-on-year in January 2026, marking 26 consecutive months of positive growth, with DRAM and NAND Flash spot prices rising approximately 39% and 35% respectively [1] - The domestic computing power industry chain is experiencing a dual resonance from both supply and demand sides, with improved yield and capacity in wafer fabs and high AI capital expenditure driving demand [1] Group 2 - As of January 30, 2026, the top ten weighted stocks in the Sci-Tech Innovation Board chip index accounted for 59% of the index, with key companies including Lanqi Technology, Haiguang Information, and SMIC [2] - The Sci-Tech Chip ETF (588200) serves as a convenient tool for investors looking to gain exposure to the Sci-Tech Innovation Board chip sector [2] - Investors without stock accounts can consider the Sci-Tech Chip ETF linked fund (017470) to explore investment opportunities in domestic chips [3]

上证科创板芯片指数覆盖芯片设计、制造、封测、设备等产业链各环节，反映半导体产业整体发展趋 势，数字芯片设计和半导体设备行业合计占比约65%；上证科创板芯片设计主题指数则聚焦芯片设计领 域，数字芯片设计行业占比超75%，模拟芯片设计行业占比约20%。投资者可通过科创芯片ETF易方达 （589130）、科创芯片设计ETF易方达（589030）等产品一键布局国产AI芯片发展机遇。 （文章来源：每日经济新闻） 银河证券表示，模拟芯片设计板块呈现走出沉寂的态势，相关公司宣布提价，模拟芯片行业供需关系或 将迎来变化；数字芯片方面，以AI算力、国产CPU为代表的先进设计领域表现强势，国产数字芯片自主 可控仍将是长期方向。 2月11日，A股开盘30分钟，芯片产业链震荡调整，上证科创板芯片指数下跌1.6%，上证科创板芯片设 计主题指数下跌1.4%。相关ETF受资金关注，Wind数据显示，科创芯片ETF易方达（589130）近一 月"吸金"超20亿元。 消息面上，近日，AI芯片创新企业图灵进化（TuringEvo）与国家集成电路创新中心正式签署战略合作 协议。双方将聚焦AI算力芯片及关键核心芯片，开展从芯片设计、工艺、供应链协同 ...

【光大科技】国产算力全面超预期！重视字节和阿里产业链！ （4）交换芯片：盛科通信。 1、阿里资本开支2026年将超预期！ 它采用双分支扩散变换器架构，可同时生成视频和音频。 它采用双分支扩散变换器架构，可同时生成视频和音频。 只需编写详细的提示或上传一张图片，Seedance 2.0即可在60秒内生成带有原生音频的多镜头序列视频。 投资建议：AI国产算力核心重视字节和阿里产业链。 建议关注： 只需编写详细的提示或上传一张图片，Seedance 2.0即可在60秒内生 【光大科技】国产算力全面超预期！重视字节和阿里产业链！ 3、业界评价极高的Seedance 2.0由字节跳动推出，可根据文本或图像创建电影级视频。 2、字节资本开支2026-2030年也将超预期！ 3、业界评价极高的Seedance 2.0由字节跳动推出，可根据文本或图像创建电影级视频。 1、阿里资本开支2026年将超预期！ 2、字节资本开支2026-2030年也将超预期！ （1）AI芯片：寒武纪、芯原股份、灿芯股份； （2）AI芯片/华为昇腾产业链：华正新材、华丰科技、南亚新材等； （3）AIDC/算力租赁：东阳光、润泽科技、协创数据、大位科技 ...