公众号记得加星标⭐️，第一时间看推送不会错过。 来 源 ： 内容 编译自 techbuzz 。 人工智能的蓬勃发展遭遇了网络瓶颈，迫使芯片间的通信方式发生根本性转变。传统的电气连接无法 满足人工智能爆炸式增长的数据需求，这促使数十亿美元的风险投资涌入光子学初创公司，这些公司 使用光而非电来连接处理器。在人工智能扩展达到瓶颈之前，一场旨在取代沿用数十年的网络技术的 竞赛已经展开。 新硅谷的运作依赖于一种截然不同的网络——而且并非LinkedIn那种。随着英伟达及其竞争对手向人 工智能数据中心投入数十亿美元，一场悄然发生的变革正在支撑现代计算的线路和连接中悄然进行。 问题在于速度。人工智能工作负载增长如此之快，以至于传统网络技术已经不堪重负。"人工智能所 需的计算能力现在每三个月就会翻一番，" Lightmatter首席执行官 Nick Harris 最近指出。这远远超 过了摩尔定律的预测速度。 这一瓶颈为押注光子学的初创公司创造了巨大的机遇——这些公司利用光而非电在芯片间传输数据。 成果显而易见：Lightmatter 在从 GV 和 T. Rowe Price 等投资者那里筹集了超过 5 亿美元的资金 后，估 ...

【 导读】 立昂微 拟斥资 22.62亿元 建设 年产180万片12英寸重掺衬底片项目 中国基金报记者 牛思若 11月17日， 立昂微 公告称，公司控股子公司金瑞泓微电子与衢州智造新城管理委员会签署协议，计划在现有厂房内建设 "年产180万片 12英寸重掺衬底片项目" ，总投资约22.62亿元。项目建设周期约60个月，将分阶段进行，预计每年投入约3.5亿元。 公司表示， 金瑞泓微电子此次投资系在金瑞泓微电子现有厂房内实施的扩产项目。该项目可与现有"年产180万片12英寸半导体硅外延片项 目"形成上下游配套，制备出的12英寸重掺系列外延片，满足高端功率器件需求，应用于AI服务器不间断电源、储能变流器、充电桩、工业 电子、伺服驱动器 ，以及 消费类电子、汽车电子、家用电器、嵌入式系统和工业控制等。 公开资料显示， 立昂微 成立于2002年，2020年在上海证券交易所主板A股挂牌上市。公司 主营业务涵盖半导体硅片、半导体功率器件芯 片、化合物半导体射频和光电芯片三大板块 。 业绩方面， 立昂微 2025年前三季度营收约为26.4亿元，同比增长15.94%；净亏损1.08亿元，亏损额同比增加5361.85万元。 具体 ...

Core Insights - GlobalFoundries has acquired Advanced Micro Foundry (AMF), a Singapore-based chipmaker specializing in silicon photonics, which is a rapidly growing sector in the semiconductor industry [1] Company Summary - The acquisition of AMF by GlobalFoundries indicates a strategic move to enhance its capabilities in silicon photonics, a technology that is increasingly being utilized in various applications [1] Industry Summary - Silicon photonics is identified as a fast-growing field within the semiconductor industry, suggesting significant potential for growth and innovation in this area [1]

Summary of AMD Conference Call Company Overview - **Company**: AMD (Advanced Micro Devices) - **Industry**: Semiconductor and Data Center Solutions Key Points and Arguments Market Share and Growth Projections - AMD expects its data center business market share to reach double digits in the next 3 to 5 years, with an AI business CAGR of 80% and a data center business CAGR of 60% [2][3] - Overall revenue is projected to grow at a CAGR of 35%, exceeding Wall Street's expectations of 20% to 30% [3] - By 2030, AMD anticipates its addressable market for data centers to reach $1 trillion, up from a previous estimate of $500 billion [2][5] Revenue Expectations - AMD forecasts data center revenue to reach $100 billion by 2030, with the business currently accounting for about half of total revenue [2][6] - Expected revenue for 2025 is approximately $16 billion, indicating significant growth potential [2][6] Product Development and Innovations - AMD plans to launch cabinet-level products in 2026, similar to NVIDIA's NVL72, utilizing Infiniband Fabric to connect GPUs and CPUs [2][7][9] - The MI400 and MI500 series GPUs are set to be released in 2026 and 2027, respectively, showcasing AMD's commitment to advancing GPU architecture [2][5] AI and Data Center Collaborations - AMD has signed a 6 GW collaboration agreement with OpenAI, with deployment expected to begin in the second half of the year [2][10] - Oracle has started deploying systems based on AMD cards, with new customers anticipated to choose AMD products in 2026 [2][10] Financial Guidance - AMD's long-term financial guidance includes a total revenue growth target of 35%, with gross margins projected between 50% and 58% and operating margins expected to improve to 35% [4][22] - EPS is anticipated to exceed $20, compared to the current consensus of $16 to $18, indicating potential for significant upside [22] Data Center CPU Market Outlook - The global data center CPU market is projected to reach $60 billion by 2030, nearly doubling from $26 billion in 2025, with a CAGR of 18% [4][13] Emerging Markets - The AI PC market is expected to surpass 1 billion devices in the coming years, while the physical AI market could reach $200 billion by 2035 [17] - Client business is projected to maintain low single-digit growth over the next 3 to 5 years, highlighting the potential of emerging sectors [17] Challenges and Considerations - The successful delivery of new cabinet and product launches in 2026 is critical, as supply chain challenges may impact market performance [21] - AMD's reliance on third-party suppliers for switch devices may affect the deployment timeline of new technologies [9] Overall Outlook - AMD's optimistic outlook includes a $1 trillion market for computing cards, GPUs, CPUs, and network cards, with significant revenue elasticity expected if the supply chain operates smoothly [23][24]

U.S. stocks closed lower on Monday, with the Dow slipping 1.2% to 46,590.24, the S&P 500 easing 0.92% to 6,672.41, and the Nasdaq dipping 0.84% to 22,708.07.These are the top stocks that gained the attention of retail traders and investors through the day:Nvidia Corporation (NASDAQ:NVDA)Nvidia’s stock fell 1.88% to close at $186.60, with an intraday high of $189 and a low of $184.32. The stock’s 52-week high is $212.19, while the low is $86.63. Nvidia’s upcoming earnings report on Wednesday is a significant ...

平安证券认为，在AIGC和下游消费类需求向好的加持下，半导体行业将继续向好发展，同时我国半导 体产业国产化进程有望进一步提速。当前，国内半导体行业正掀起并购热潮，产业链多领域企业纷纷布 局收并购计划，推动行业加速迈向新阶段。 1. 消息面上，中芯国际在投资者关系活动记录表中称，公司的产线实际上非常满，三季度产能利用率都 到95.8%了，这说明订单很多，产线是供不应求的状态。在急单方面，中芯国际承接了大量模拟、存储 包括 NOR/NAND Flash、MCU 等急单。目前行业供应存在缺口，预计高价位态势将持续。 2. 当地时间11月17日，标普500指数跌0.92%，纳斯达克综合指数跌0.84%。大型科技股多数下跌，戴尔 科技跌超8%，超微电脑跌超6%，超威半导体、英特尔跌超2%，美光科技、安森美半导体、英伟达、苹 果、META跌超1%。AI风向标英伟达将于本周三盘后公布财报，英伟达和其他AI概念股近期成为市场 压力来源。 3. 摩根士丹利美国科技硬件股票研究主管在最新报告中表示，随着存储芯片价格大涨，以及2026年度继 续涨价的预期，大量OEM（原始设备制造商）和ODM（原始设计制造商）利润将持续承压。基于硬 ...

Core Insights - The upcoming job report is expected to show a rebound in the job market for September, with a forecast of 51,000 jobs added, significantly higher than August's 22,000, but still below the average of 147,000 jobs per month from the previous year [1][6]. Economic Implications - A disappointing job report could indicate a deterioration in the labor market, potentially shifting it from a low-hiring phase to a more concerning state [2]. - The unemployment rate is anticipated to remain stable at 4.3%, which is considered low historically [2]. Market Influences - The job report will reflect the job market's resilience against challenges such as increased tariffs and the rise of artificial intelligence [3]. - The Federal Reserve's policy decisions regarding interest rates may be influenced by the job report, with a weaker report potentially leading to discussions about rate cuts to stimulate the economy [3][6].

People pose for pictures at the Wall Street Bull in New York's Financial District on June 24, 2024 in New York City.The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each.Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had "half a trillion dollars" of business on the books for 2025 and 2026. When Nvidia reports its third-quarter earnings We ...

If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to end November, consider joining Out Fox The Street .Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potentia ...

Core Insights - The article discusses the potential for undervalued stocks that are mispriced by the market, suggesting that investors should consider joining the investment group Out Fox The Street for insights and stock picks [1][2]. Group 1: Company Overview - Stone Fox Capital is identified as a Registered Investment Advisor (RIA) based in Oklahoma, led by Mark Holder, who has extensive experience in investing and portfolio management [2]. - Mark Holder is a CPA with degrees in Accounting and Finance, and he has 30 years of investing experience, including 15 years as a portfolio manager [2]. Group 2: Investment Strategy - The investment group Out Fox The Street provides various features such as model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and community chat for direct interaction with Mark Holder [2]. - The focus is on uncovering potential multibaggers while managing portfolio risk through diversification [2].