作为全球科技产业的年度风向标，一年一度的CES展始终是前沿技术的"首发秀场"与行业趋势的"晴雨表"，也正成为中国科技企业走向全球的跳板。 云深处科技的"绝影"系列机器狗已在全球能源巡检市场占据领先地位。CES 2026上，他们展示了最新一代绝影X30，其自主导航能力已能在无GPS的室内 环境实现厘米级定位。 在回答今年CES有哪些主题时，展会主办方美国消费者技术协会执行主席兼CEO夏皮罗（Gary Shapiro）直言："很明显是'以人为本'的AI应用。" 华泰证券分析师则指出，本届CES展会的核心主题或将从传统消费电子展示，转向以AI为中心的系统级技术变革。 另一个值得关注的趋势是，中国企业正逐步走向舞台中央。官方数据显示，本届CES参展商总数超过4000家，其中中国企业参展总数达到942家，占比约 22%，延续了全球第二大参展国的地位。而在部分细分领域，中国企业已经成为绝对主角，比如参展的38家人形机器人展商中，有21家来自中国，占比达 55%；参展的23家AI眼镜品牌中，16家来自中国，占比近七成…… 多家外媒也对中国企业在CES上的表现给予关注，《日经亚洲评论》将中国企业的展示列为值得一看的内容。韩国 ...

智通财经APP获悉，黑芝麻智能(02533)逆市涨超4%，截至发稿，涨3.66%，报22.12港元，成交额 9027.66万港元。 据介绍，华山系列自面市以来，其性能得到产业链的广泛认可，黑芝麻智能已与东风、吉利、红旗、江 淮等国内外知名车企深度协同，将辅助驾驶技术成功落地于量产车型。华山A2000采用大核架构、算法 协同设计，经过系统级调优，得益于黑芝麻智能最新九韶NPU，其实测性能媲美全球最高性能智驾芯 片。未来，该芯片将会赋能智能辅助驾驶VLM/VLA等应用，以及座舱AI Box应用。 消息面上，据黑芝麻智能官微消息，1月6日，CES 2026在拉斯维加斯拉开帷幕，公司于展会上集中展 示在辅助驾驶、具身智能与消费电子三大领域的最新成果，全方面展示以AI芯动力赋能智能产业的实 力。展会现场，华山A2000全场景通识辅助驾驶的深度功能演示台架首次亮相。 ...

行情速递 / Part 01 ①大盘指数，科创50 (+4.41%)/创业板指(+2.85%)/深证成指(+2.24%)/北证50 (+1.80%)/上证指数(+1.38%)/ ②TMT领涨板块，SW营销代理(+8.97%)/SW半导体设备(+6.40%)/SW游戏Ⅲ (+5.62%)/ 国内新闻 / Part 02 ①艾邦ARAI眼镜资讯，雷鸟创新预告将于CES 2026期间展示首款搭载eSIM的AR智能眼镜"雷鸟X3 Pro Project eSIM"/ 产品采用双目全彩MicroLED显示方案、集成了 eSIM 通信模块与4G 协议支持/ ②半导体行业观察，中国台湾省公告2026年/驱动岛内IC设计业者先进发展补助计划/今年将优先支持IC设计业者投入 开发无人机、机器人、卫星通讯等三大领域的优势芯片及核心芯片及模组/以持续稳固中国台湾省半导体在全球关键 地位/ ③半导纵横，晶合集成四期项目在合肥新站高新区正式启动建设/四期项目将建设一条月产能为5.5万片的12英寸晶圆 代工生产线/布局40及28纳米CIS、OLED、逻辑等工艺/产品可广泛应用于OLED显示面板、AI手机、AI电脑、智能汽 车及人工智能等 ...

港股三大指数今早冲高回落，盘中均一度录得下跌，恒指及恒科指数尾盘翻红。截止收盘，恒生指数涨 0.03%或8.77点，报26347.24点，全日成交额为2834.62亿港元；恒生国企指数跌0.22%，报9148.47点； 恒生科技指数涨0.09%，报5741.63点。 华泰证券指出，上周港股在科技催化驱动下收涨，2026年首个交易日实现"开门红"。当前市场情绪、资 金面环境比11月更优，布局港股胜率提升。该行建议一方面继续配置有业绩兑现预期的科技链，在流动 性环境催化下一季度或有高斜率空间，同时考虑到驱动因素和资金属性变化，做现金流资产的均衡配 置。 蓝筹股表现 快手-W(01024)领跑蓝筹。截至收盘，涨11.09%，报73.6港元，成交额98.98亿港元，贡献恒指35.65点。 光大证券表示，快手旗下视频模型"可灵"凭借"音画同出"功能在海外爆火，日流水激增2.5倍，2025年 收入预估超1.4亿美元。叠加AI赋能广告业务提效，双轮驱动下公司估值逻辑正在重塑。 其他蓝筹股方面，信达生物(01801)涨6.09%，报83.6港元，贡献恒指12.51点；周大福(01929)涨5.13%， 报13.11港元，贡献 ...

一年一度的科技大秀——美国拉斯维加斯消费电子展（CES）即将于当地时间1月6日揭开帷幕。近几年 来，CES已经成为前沿AI硬件概念的主要秀场——科技巨头们向外界展示最新的AI进展，并试图勾勒出 AI技术重塑各行各业的蓝图。 其中，作为本轮AI热潮"风向标"级人物的英伟达CEO黄仁勋无疑是此次CES最忙的人物之一，而外界期 望他能够回应科技界和华尔街的核心关切：AI芯片的需求热潮究竟还能持续多久？ 综合彭博社、日本经济新闻等媒体消息，黄仁勋将在CES的开幕式上发表讲话。据消息人士透露，黄仁 勋将在讲话中阐述英伟达的全栈技术将如何推动下一场"工业革命"，从而加速生成式AI和物理AI的共同 发展。 据透露，黄仁勋此次演讲将重点推介"物理AI（Physical AI）"，突出其应用范围远超机器人领域，涵盖 从无人机到冰箱的所有事物。一位消息人士表示："把它想象成不同的产业，如医疗、汽车、制造业 ——黄仁勋将展示 AI如何真正改变这些行业的运作方式。" 另一方面，黄仁勋可能还会谈及投资者们密切关注的Blackwell芯片的供应问题。去年10月，黄仁勋曾 宣称，Blackwell芯片的需求处于"疯狂"状态，但该系列芯片仍 ...

Core Insights - The SesameX platform represents a significant advancement in the robotics industry, marking the transition from demo to commercial deployment, akin to the evolution of the smart automotive sector in 2018, but with a faster growth trajectory [2][9][30] - SesameX is the first comprehensive computing platform designed for the commercial deployment of robots, integrating perception, understanding, reasoning, motion control, and safety into a unified architecture [1][10][12] Industry Transition - The robotics industry is at a pivotal point, with the potential for rapid growth surpassing that of smart vehicles, as indicated by the industry's current position on the S-curve [2][8] - The global service robotics market is projected to exceed $40 billion by 2025, with a compound annual growth rate of over 20%, particularly in China, which is becoming the largest application market for robots [8][30] Technological Advancements - SesameX is not merely a chip or an operating system; it is a comprehensive system that enables robots to grow and evolve, characterized by five core capabilities: expertise, excellence, expression, experience, and expedition [12][23] - The platform consists of five layers, including a computing platform, network communication, operating system, middleware, and atomic application layers, each designed to enhance the capabilities and safety of robots [13][16][17][18][19][20] Safety and Reliability - The X-Safety system is a groundbreaking feature of SesameX, embedding safety into every layer of the platform, ensuring that robots operate with a proactive safety mindset [21][30] - The platform adheres to ASIL-D automotive safety standards, indicating a high level of reliability and safety in robotic operations [21][30] Ecosystem and Commercialization - SesameX has already established partnerships with various robotics companies, indicating its readiness for commercial deployment and integration into real-world applications [24][25][29] - Collaborations with industry leaders, such as Junsheng Electronics and Huazhong Electric Power Technology, highlight the platform's engineering maturity and commercial viability [25][29] Future Outlook - The emergence of SesameX is expected to catalyze a shift from fragmented technological innovations to a collaborative platform-based competition in the robotics industry, accelerating overall industry growth [31][32] - The establishment of a foundational platform like SesameX is seen as a critical step in the evolution of the robotics sector, similar to the pivotal platforms in previous technological eras [33][34]

Group 1 - The humanoid robot market is on the verge of explosive growth, with a projected market size of approximately 9 billion in 2025, expected to soar to 150 billion by 2029, reflecting a compound annual growth rate (CAGR) exceeding 75% [2] - The core drivers of this market growth will be industrial handling and medical applications, highlighting the importance of advanced processing capabilities in humanoid robots [2][5] - The performance of processors is critical as it directly influences the intelligence level and application potential of humanoid robots, making them the foundational element of the robotics industry [1][5] Group 2 - The current processor supply for humanoid robots is dominated by NVIDIA and Intel, while domestic chip manufacturers are still in the catch-up phase [6] - Tesla is noted for its capability to develop its own chips, such as the Dojo chip for AI model training and the FSD chip for real-time operations in robots, while other manufacturers primarily rely on Intel and NVIDIA chips [6][8] - The Jetson Orin series from NVIDIA is widely used, providing up to 275 TOPS of computing power, significantly enhancing the capabilities of humanoid robots [9][10] Group 3 - Domestic manufacturers are accelerating the development of their own humanoid robot chips to compete with foreign dominance, focusing on integrating general intelligence with practical application needs [10][11] - The RK3588 and RK3588S chips from Rockchip have been adopted by several humanoid robot manufacturers, showcasing their potential in the robotics field [11] - The RDK S100 development kit from Horizon Robotics integrates both "brain" and "cerebellum" functions into a single SoC, simplifying hardware architecture and reducing development costs [12][14] Group 4 - The trend towards "brain-cerebellum fusion" architecture aims to enhance the synchronization and efficiency of humanoid robots by integrating cognitive decision-making and motion control into a unified system [15][17] - Current challenges in the humanoid robot market include insufficient data accumulation, hardware architecture optimization, high costs, and safety concerns, which need to be addressed for large-scale commercialization [18][19][20]

Core Viewpoint - The article highlights the journey and vision of the company Black Sesame Intelligence, focusing on its development of advanced intelligent driving chips and the broader implications for the automotive and AI industries. The founder, Dan Jizhang, emphasizes the importance of safety in driving and the potential of intelligent driving technology to significantly reduce accident rates. Group 1: Company Overview - Black Sesame Intelligence was founded in 2016 and launched its first mass-produced intelligent driving chip, the "Hua Shan A1000," in 2020, which has been adopted by several major automotive brands [1][2]. - The company has since developed the "Wudang" series of chips, such as the C1236 and C1296, which integrate cockpit management and intelligent driving tasks, thereby reducing costs for automakers [1][2]. Group 2: Technological Advancements - The latest chip, the Hua Shan A2000, utilizes a 7nm process and offers performance comparable to 4nm flagship chips, supporting L3-L4 level autonomous driving [2]. - The company aims to break traditional chip application boundaries by expanding into various forms of robotics, promoting a "one chip, multiple functions" approach [2]. Group 3: Market Trends and Opportunities - The global intelligent automotive market is projected to exceed $500 billion by 2030, with an annual growth rate of over 20%, and China is expected to reach a 40% market share in smart vehicles by 2025 [6]. - The company recognizes the challenges of high R&D costs and the need for substantial investment in software and tools for mass production [6]. Group 4: Strategic Partnerships and Ecosystem - Black Sesame Intelligence positions itself as a full-process technology partner, providing not only chips but also algorithms and development support, which enhances collaboration with automotive manufacturers [7]. - The company emphasizes the importance of an open ecosystem to achieve scale, as the development cost of automotive-grade chips can exceed $100 million [8]. Group 5: Future Outlook - Black Sesame Intelligence plans to go public in Hong Kong, becoming the first listed company focused on automotive-grade chips, which reflects its strategic foresight [9]. - The company is also exploring the integration of vehicle and road technologies, aiming to reduce costs and improve efficiency in traffic management systems [12]. Group 6: Industry Challenges - The intelligent driving chip industry is expected to face a brutal elimination process, with only a few companies likely to survive due to intense competition [12]. - The company is aware of the geopolitical challenges affecting the chip industry but sees opportunities in the growing demand for AI-driven solutions and embodied intelligence [11].

Core Insights - The local supply chain is reshaping the global automotive industry landscape through technological breakthroughs, rapid response, and cost advantages, with future competition in the smart vehicle sector focusing on ecosystem collaboration and supply chain integration efficiency [1][2] Industry Developments - The 2025 Shanghai Auto Show featured a dedicated "China Chip Exhibition Area," showcasing over 1,200 domestic automotive chips from more than 150 member units of the China Automotive Chip Industry Innovation Strategic Alliance, marking the largest participation in history [1] - Intel debuted its second-generation SDV (AI-enhanced Software Defined) SoC at the auto show, collaborating with Black Sesame Intelligence to develop an integrated cockpit and driving assistance platform, which is set to support scenarios from L2+ to L4 and aims for a reference design release in Q2 2025 [2] Competitive Landscape - The global smart driving assistance chip market is experiencing a shift as domestic chip companies like Horizon Robotics and Black Sesame Intelligence gain traction, challenging the dominance of Nvidia and Tesla [3][4] - A report from Founder Securities indicates that in 2024, the global installation volume of smart driving domain control chips is projected to reach 5.28 million units, with Nvidia's Drive Orin-X series holding nearly 40% market share and Tesla's FSD at 25.1% [3] Strategic Collaborations - Black Sesame Intelligence has initiated mass production of its first domestic single-chip central computing platform based on the Wudang C1296 chip, in collaboration with Dongfeng Motor and Junlian Zhixing [3] - Local chip companies are forming partnerships with multiple OEMs, which is crucial for driving large-scale production and ensuring supply chain security amid geopolitical factors [4] Market Positioning - Domestic chip companies are focusing on entry-level smart driving assistance systems, primarily used in vehicles priced below 200,000 yuan, while high-end products remain dominated by Nvidia [4] - The competition in high-end smart driving chips is expected to intensify in the next two to four years as urban NOA technology matures and becomes widely adopted [5]