Core Viewpoint - The narrative that AMD is the next Nvidia is misleading, as current financial metrics suggest AMD is overvalued compared to Nvidia [1][4]. Valuation Comparison - Nvidia trades at 38 times consensus earnings with a revenue growth rate exceeding 65%, while AMD trades at 55 times consensus 2025 earnings with a revenue growth rate of 32% [4]. - AMD's pricing is compared to a "champagne price for a beer budget," indicating that investors are paying a premium for AMD without corresponding performance [4]. Demand and Supply Analysis - The argument that AMD suffers from supply constraints is debunked; AMD's lower pricing indicates a demand issue rather than a supply problem [7]. - AMD's profit margins are significantly lower than Nvidia's, with AMD retaining about 24 cents per dollar compared to Nvidia's 65 cents, reflecting their different market positions [8]. Strategic Positioning - AMD should be viewed as a cost-effective alternative in the AI market rather than a direct competitor to Nvidia [9]. - The shift from AI training to inference is highlighted, where cost efficiency becomes crucial, making AMD's offerings more attractive for companies looking to reduce expenses [11][16]. Memory Capacity Advantage - AMD's MI300X chip offers a significant memory advantage, allowing companies to run large AI models on a single chip, which can lower total costs [10][13]. - This memory capacity is particularly relevant as companies transition from high-cost training to more cost-effective inference operations [11]. Market Dynamics - Big Tech companies are incentivizing AMD's survival to maintain competitive pressure on Nvidia, ensuring that they have an alternative supplier to mitigate Nvidia's pricing power [15]. - The need for a duopoly in the market is emphasized, as companies are not just investing in AMD's technology but also in the necessity of having multiple suppliers [15]. Conclusion - The recommendation is to invest in AMD not for its potential to outperform Nvidia but for its role as a cost-effective solution in the evolving AI landscape [16].

证券之星消息，2025年11月28日思瑞浦（688536）发布公告称公司于2025年11月26日接受机构调研，嘉实 基金、富安达基金、鹏华基金、富国基金、景顺长城基金、财通资管、摩根士丹利基金、汇添富基金、常 春藤私募基金、中泰资管、瑞银集团、华泰资管、施罗德基金、信达澳亚基金、广发基金、常青藤资管、 博时基金、泓德基金、新华基金、Point72参与。 问：市场方面 答：奥拉半导体与思瑞浦均拥有广泛的市场应用与客户基础。通过双方的产品协同,公司将构建针对泛通 讯市场的更完整的产品组合,夯实在无线通讯领域的领先优势,并完善针对服务器及I相关市场的产品方案, 显著提升竞争力,深化市场拓展。此外,在汽车及工业等领域,思瑞浦拥有的丰富客户资源也将为奥拉半导体 未来的业务拓展提供支撑。 问：团队与技术方面 具体内容如下： 问：产品层面 答：奥拉半导体的时钟芯片将给思瑞浦信号链产品线带来关键补充,与公司的运放、比较器及接口产品共 同形成完整的产品组合,进一步夯实公司在信号链领域的领先优势。同时,奥拉半导体相关电源产品的融入 也将帮助思瑞浦扩充多相电源、ET 芯片等关键品类,并通过更加完整的产品方案在I等重要应用领域构建差 ...

BREAKING: Futures Halted, But DIA, SPY, QQQ Point Higher The Dow Jones Industrial Average and other major indexes indicated a move higher early on Black Friday before an outage halted most CME futures and options trading. Google-parent Alphabet (GOOGL) continued to lead the market, while Nvidia (NVDA), Tesla (TSLA), Robinhood Markets (HOOD) and GE Vernova (GEV) worked to reclaim key support on the stock market today. CME halted futures… Related news Get market updates, educational videos, webinars, and stoc ...

Group 1: Federal Reserve and Interest Rate Policy - The Federal Reserve is expected to ease monetary policy, with the main debate focusing on the timing and pace of this easing [1][2][4] - Concerns about inflation persist, as it remains above the 2% target, but there is a consensus that the neutral rate is below current levels [2][12] - The economic backdrop is characterized by a potential need for rate cuts to support valuations, especially given the current high rates relative to economic growth [11][14] Group 2: AI Trade and Market Sentiment - There has been a significant reset in market sentiment over the past month, influenced by large deals and the AI infrastructure buildout projected to reach $3 to $4 trillion by 2030 [5][6] - Companies like Nvidia and Applied Materials are seen as attractive investment opportunities due to their roles in the AI infrastructure [7][9] - The economic profit within the technology sector is shifting from software to infrastructure, indicating a broader investment opportunity beyond the major tech companies [8][9] Group 3: Employment and Economic Growth - The labor market is showing signs of slowdown, with many individuals living paycheck to paycheck, which raises concerns about sustaining economic growth [12][13] - Employment growth is primarily observed in low-wage service sectors, which does not provide a strong foundation for broader economic expansion [14] - The top 10% of the population holds a significant portion of stock market wealth, highlighting income inequality and its potential impact on consumer spending [12]

Intel Corp. (NASDAQ:INTC) is witnessing a notable strengthening in market sentiment, with its Benzinga Edge’s Stock Rankings‘ momentum score climbing from 88.53 to 90.51 week-over-week.Check out INTC's stock price here.Intel Jumps In Top Decline Of Momentum GainsThis shift pushes the chipmaker into the top tier of relative strength, signaling that investors are prioritizing macroeconomic tailwinds over a brewing corporate espionage issue involving its foundry rival, Taiwan Semiconductor Manufacturing Co. Lt ...

IT之家 11 月 28 日消息，据台湾地区《经济日报》报道，英伟达 CEO 黄仁勋今日在接受采访时，首度被媒体问到台积电前资深副总罗唯 仁事件。他低调表示，自己"不清楚细节"，但话锋一转，力挺台积电，强调台积电并非靠一个人，而是建立在深厚企业文化与庞大技术体 系之上。 黄仁勋表示，他对罗唯仁案"不了解太多细节"，但可以肯定的是，"台积电不是只有一个人（TSMC is not just one person）"。他指出，台 积电的技术非常复杂，除了芯片本身、晶体管与制程技术之外，还包含运营管理、商业规划等各种层面，身为一个为全世界大量制造芯片 的公司，台积电的每一个环节其实都是技术。 他强调，台积电在技术与运营上的基础相当扎实，台积电有非常多面向的技术，"我对他们会持续蓬勃发展充满信心"，外界不应把台积电 简化为单一人物或单一事件。 至于外界关心英伟达与台积电如何保护技术与敏感信息，黄仁勋说："台积电在保护我们的敏感信息方面做得非常好，我们从来没有过任 何一次担心"。 黄仁勋进一步表示，英伟达本身的技术也高度复杂，牵涉芯片、系统与软件等多个层面，"我们公司的技术其实非常复杂，包含芯片、系 统、软件，而且有非常 ...

格隆汇11月28日｜据36氪，知情人士透露，受全球AI算力需求激增影响，全球DRAM市场出现供不应 求态势，存储芯片价格正在飞速提升。其中512GB存储较上月上涨近500元。目前，手机终端市场面临 的涨价风险最大，部分厂商已暂停采购存储芯片。业内预计，接下来手机产品将迎来一波涨价潮。 ...

The AI race is going strong into 2026.The market is full of great deals for investors to take advantage of before 2026 arrives. Several companies are benefiting from the AI race, and these are the ones investors should be focused on scooping up right now.At the top of my buy list are Nvidia (NVDA +1.42%), Taiwan Semiconductor Manufacturing (TSM +1.85%), Broadcom (AVGO +3.26%), and Alphabet (GOOG 1.04%) (GOOGL 1.08%). All four of these businesses have roles to play in the AI race, and each is slated to have ...

| | WIT == | | | | --- | --- | --- | --- | | 159995.SZ | 芯片ETF | 1.10% | 夜直事等 | | 516640.SH | 芯片龙头ETF | 1.10% | 富国套金 | | 159325.SZ | 半导体ETF南方 | 1.07% | 南方基金 | | 159599.SZ | 芯片ETF基金 | 1.03% | 东财基金 | | 588780.SH | 科创芯片设计ETF | 1.02% | 国联安基金 | | 516920.SH | 芯片50ETF | 1.02% | 汇添富基金 | | 159801.SZ | 芯片ETF龙头 | 0.98% | 广发基金 | | 159665.SZ | 半导体龙头ETF | 0.95% | 工银瑞信基金 | | 159310.SZ | 芯片ETF天弘 | 0.87% | 天弘基金 | | 513310.SH | 中韩半导体ETF | 0.65% | 华泰柏瑞基金 | A股三大指数今日集体上涨，截至收盘，沪指涨0.34%报3888点，深证成指涨0.85%，创业板指涨0.7%。 全市场成交额1.6万亿元，较前 ...

Each company looks to be headed into another year of unprecedented growth.Few stocks have been as successful as Palantir (PLTR +1.36%) and Nvidia (NVDA +1.37%) have been during the artificial intelligence (AI) arms race. Since 2023, Nvidia's stock is up 1,100%, and Palantir's is up nearly 2,300% (at the time of this writing). That's an impressive run in just under three years' time, but what they've each done in 2025 is also impressive. Palantir is up around 100% in 2025, while Nvidia is up over 30%. Both o ...