在解析"垂直整合垄断尝试"这一内卷行为时，尹志尧详细解释道，历史上有过不少大型芯片制造公司， 既搞芯片制造又搞设备，还搞关键零部件，试图通过产业链过分的垂直整合，达到垄断目的。 过分垂直整合带来不公平竞争 目前，国际上的芯片制造商与芯片设备商高度分工。芯片制造以台积电、三星、格罗方德公司等为代 表，而芯片设备商以阿斯麦（ASML）、应用材料公司、泛林集团等为代表。 国内厂商中，芯片制造商与芯片设备商同样高度分工。芯片制造商以中芯国际（688981.SH）、华虹公 司（688347.SH）、晶合集成（688249.SH）等为代表，芯片设备商以中微公司、北方华创 （002371.SZ）、盛美上海（688082.SH）等为代表。 尹志尧之所以认为垂直整合带来不公平竞争，就是基于上述行业特色。 芯片制造厂商处于产品良率爬坡阶段或新工艺开发阶段时，需与芯片设备厂商保持密切合作。但在合作 过程中，芯片制造厂商需要非常关注对"Know How"（懂得如何做）的保护。 尹志尧在此次发言中也表示，其他芯片制造公司很忌讳购买垂直整合公司的设备。因为垂直整合类公司 参与芯片制造或其设备进场，可能会让这些芯片制造公司的技术和商业机密 ...

人民财讯9月4日电，9月4日，在第十三届半导体设备与核心部件及材料展(CSEAC2025)上，中微公司宣 布推出六款半导体设备新产品。这些设备覆盖等离子体刻蚀(Etch)、原子层沉积(ALD)及外延(EPI)等关 键工艺。在此次新品发布中，中微公司推出的12英寸原子层沉积产品Preforma Uniflash金属栅系列，成 为薄膜沉积领域的一大亮点。该系列涵盖三大产品，能够满足先进逻辑与先进存储器件在金属栅方面的 应用需求。 ...

Core Viewpoint - Maiwei Co., Ltd. (300751) reported a decline in revenue and net profit for the first half of 2025, while showing a significant recovery in gross margin, indicating a mixed performance amidst strategic advancements in the semiconductor and photovoltaic sectors [1][2]. Group 1: Company Performance - For the first half of 2025, Maiwei Co., Ltd. achieved operating revenue of 4.213 billion yuan, a year-on-year decrease of 13.48% [1] - The net profit attributable to shareholders was 394 million yuan, down 14.59% year-on-year [1] - The gross margin improved from 26.92% in the same period last year to 33.74% [1] Group 2: Strategic Focus - The company has established a strategic layout focusing on three key technology platforms: vacuum, laser, and precision equipment, targeting the solar photovoltaic, display, and semiconductor industries [1] - In the semiconductor front-end sector, the company is pursuing a differentiated development path, focusing on selective etching and atomic layer deposition, which are less competitive areas [2] - In photovoltaic technology, the company is advancing new technologies for HJT cells, aiming for an average power of 780W and a maximum power close to 800W by the end of the year [2] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders in Maiwei Co., Ltd. increased to 31,686, with an average holding value of 753,400 yuan and an average holding of 8,800 shares [2] - The top ten shareholders include the Ruiyuan Growth Value Mixed Fund, which has a significant stake in the company [3]

Group 1 - The European Union has proposed a historic budget of nearly €2 trillion (approximately $2.3 trillion) for the next seven years to address various challenges, including increased global economic competition and rising defense needs [1][2] - The proposed budget represents a significant increase from the previous budget cycle of €1.2 trillion (equivalent to 1% of the EU's economic output) [1] - A substantial portion of the budget, approximately €589.6 billion, is allocated to a "Competitiveness, Prosperity, and Security Fund," with €450.5 billion designated for the EU's competitiveness development fund [1][2] Group 2 - The budget proposal will initiate a lengthy fiscal process requiring consensus from the European Parliament and the European Council, with a final agreement needed by the end of 2027 [2] - The budget aims to address the repayment of debts incurred during the COVID-19 pandemic, which could reach up to €25 billion annually starting in 2028 [2] - The proposal will determine spending priorities for the EU from 2028 to 2034, focusing on enhancing defense capabilities and competitiveness in response to economic threats from the U.S. and Asia [2] Group 3 - NATO projects that military spending in Europe will increase from 2% to 5% of GDP by 2035, indicating a significant rise in defense expenditures [3] - The long-term budget currently supports around 50 EU fund projects across various sectors, primarily funded by member state contributions [3] Group 4 - The proposed budget is expected to act as a liquidity booster for European and global stock markets, with significant public investment planned [4] - Key sectors likely to benefit from this budget include defense, semiconductor equipment, digital applications, renewable energy, and agricultural inputs [4] Group 5 - The ongoing conflict between Russia and Ukraine has highlighted the need for European countries to strengthen their defense systems, particularly in drone technology and automated warfare systems [5] - European semiconductor equipment companies like ASML, ASM International, and BE Semiconductor are positioned to benefit from increased funding aimed at boosting chip manufacturing in Europe [5] Group 6 - The surge in global demand for AI chips is prompting major manufacturers like TSMC and Samsung to accelerate the construction of chip factories in Europe, leading to increased procurement of advanced semiconductor equipment [6]