Core Viewpoint - The article discusses the transformation of AI infrastructure, emphasizing the need for a heterogeneous computing architecture that integrates both CPU and GPU resources to meet the demands of large AI models and their applications [2][4][7]. Group 1: AI Infrastructure Transformation - AI large models are reshaping the computing landscape, requiring organizations to rethink their AI infrastructure beyond just adding more GPUs [2]. - The value of CPUs, long underestimated, is returning as they play a crucial role alongside GPUs in AI workloads [3][4]. - A complete AI business architecture necessitates the simultaneous upgrade of both CPU and GPU resources to fulfill end-to-end AI business needs [5][7]. Group 2: Challenges and Solutions - The rapid iteration of large language models presents four main challenges for processors: low GPU computing efficiency, low CPU utilization, increased data movement bandwidth requirements, and GPU memory capacity limitations [5]. - Intel has developed various heterogeneous solutions to address these challenges, including: - Utilizing CPUs in the training and inference pipeline to reduce GPU dependency, improving overall training cost-effectiveness by approximately 10% [6]. - Optimizing lightweight models with the Xeon 6 processor to enhance responsiveness and free up GPU resources for primary models [6]. - Implementing QAT hardware acceleration for KV Cache compression, significantly reducing loading delays and improving user response times [6]. - Employing a sparse-aware MoE CPU offloading strategy to alleviate memory bottlenecks, resulting in a 2.45 times increase in overall throughput [7]. Group 3: Intel's Xeon 6 Processor - Intel's Xeon 6 processor, launched in 2024, represents a comprehensive solution to the evolving demands of data centers, featuring a modular design that decouples I/O and compute modules [9][10]. - The Xeon 6 processor achieves significant performance improvements, with up to 288 physical cores and a 2.3 times increase in overall memory bandwidth compared to the previous generation [12]. - It supports advanced I/O capabilities, including a 1.2 times increase in PCIe bandwidth and the first support for CXL 2.0 protocol, enhancing memory expansion and sharing [13]. Group 4: Cloud and Local Deployment Strategies - The trend of enterprises seeking "local controllable, performance usable, and cost acceptable" AI platforms is emerging, particularly in sectors like finance and healthcare [24]. - Intel's high-cost performance integrated machine aims to bridge the gap for local deployment of large models, offering flexible architectures for businesses [25][26]. - The integrated machine solution includes monitoring systems and software frameworks that facilitate seamless migration of existing models to Intel's platform, ensuring cost-effectiveness and maintainability [28][29]. Group 5: Collaborative AI Ecosystem - The collaboration between Intel and ecosystem partners is crucial for redefining the production, scheduling, and utilization of computing power, promoting a "chip-cloud collaboration" model [17][30]. - The introduction of the fourth-generation ECS instances by Volcano Engine, powered by Intel's Xeon 6 processors, showcases the enhanced performance capabilities in various computing scenarios [18][20].

Market Overview - The U.S. stock market has seen a third consecutive day of gains, with the S&P 500 index reaching a new high not seen in at least three months. The Dow Jones increased by 0.25%, the S&P 500 rose by 0.55%, and the Nasdaq gained 0.63% [4] - Technology stocks were the main drivers of the market's rise, with notable increases in companies such as Tesla (over 5%) and Intel (nearly 8%), marking its largest single-day gain since April 9 [4] - The Nasdaq Golden Dragon China Index rose by 0.3%, with NIO increasing by over 5% and iQIYI and New Oriental both rising by over 2% [4] Corporate Actions - Tencent Music Entertainment Group announced plans to acquire 100% of the online audio platform Himalaya for a total consideration of $1.26 billion in cash and stock [8] - Vanke A sold 22 million shares of its A-share treasury stock for a total of 146 million yuan, which is 0.18% of its total share capital, to enhance liquidity [9] - Redick plans to acquire 51% of the equity in Precision Technology for a total consideration of 104 million yuan, aiming to enter the embodied intelligence sector [10] Regulatory Developments - The State Energy Administration of China has initiated hydrogen energy pilot projects to explore diversified development paths for the hydrogen industry [6] - The State Council has revised the "Regulations on Payment of Funds to Small and Medium-sized Enterprises," mandating a unified payment term of 60 days for several automotive companies [7] Economic Insights - The current market is characterized by a dense trading area, with a continuation of a volatile market expected. Investment strategies should focus on economic data to identify opportunities [11] - Despite some market momentum, the overall trading volume remains at 1.2 trillion yuan, indicating limited opportunities for significant upward movement without major policy changes [11]

*世行调降2025年全球增速预期 投资者押注国际经贸谈判将取得进展，风险偏好回升。 *三大指数创阶段性新高 中概股涨跌互现，纳斯达克中国金龙指数上涨0.3%。蔚来涨超5%，爱奇艺、新东方涨逾2%；腾讯音乐 跌近1%。 稳定币公司Circle大跌逾8%，回吐部分近期涨幅，其股价此前三个交易日累涨逾270%。 麦当劳连续第七个交易日下跌，创下2013年以来最长连跌纪录。 标普500指数的11个行业板块中，10个收涨，能源板块表现最佳，涨幅1.77%；非必需消费品板块上涨 1.19%，紧随其后。 市场静待周三美国5月CPI数据，以判断美联储后续政策路径。 *OpenAI拟扩大谷歌云服务以应对算力需求 美股周二连续第三日上涨，标普500指数创下至少三个月来新高。特斯拉领涨推动科技股普遍走强，市 场聚焦国际经贸谈判最新进展，并期待相关不确定性逐步缓解。 截至收盘，道琼斯工业平均指数上涨105.11点，涨幅0.25%，报42866.87点；标普500指数上涨32.93点， 涨幅0.55%，报6038.81点；纳斯达克综合指数上涨123.75点，涨幅0.63%，报19714.99点。 投资者押注美方将就贸易争端寻求妥协方案 ...

上市进行时 福瑞泰克（浙江）智能科技股份有限公司 36氪获悉，据港交所文件，福瑞泰克（浙江）智能科技股份有限公司向港交所提交上市申请书，联席保 荐人为中信证券、中金公司、华泰国际、汇丰。 韦尔股份 36氪获悉，韦尔股份公告，公司拟发行境外上市股份（H股）并在香港联合交易所有限公司主板上市， 以加快公司国际化战略及海外业务发展，增强境外融资能力，提高综合竞争力。该事项尚需提交股东大 会审议，并需取得相关政府机构、监管机构备案、批准和/或核准。目前相关细节尚未最终确定，发行 存在重大不确定性。 TOP3大新闻 哈佛大学回应特朗普政府的行为：非法且有害 5月22日，美国政府宣布取消哈佛大学招收国际学生资质。根据这一决定，除了不能再招收国际学生入 学外，哈佛大学现有外国学生需转学，否则将失去合法身份。对此，哈佛大学发表声明指出，特朗普政 府的行为"非法且有害"，学校正在迅速行动，为社区成员提供指导和支持。声明还称，"这一报复性行 动可能对哈佛社区和国家造成严重损害，并损害哈佛的学术和研究使命。" 不过，据美国媒体报道，美国加利福尼亚州的联邦法官杰弗里·怀特当天发布禁令，阻止特朗普政府在 案件审理期间终止各大学（包括哈 ...

3、 苹果中国推出"Trade In换购计划"， 即日起至6月18日，用iPhone 12或后续机型换购新iPhone，预计可享550元到5700元的折抵优惠。此外，Apple Watch、iPad、Mac以及Android设备也都可以在换购时享受折抵优惠。 4、 哈佛大学赢得一项临时法院禁令，美国法官暂时叫停特朗普政府禁止哈佛大学招收国际学生。 该裁决是在哈佛大学于波士顿联邦法院提起诉讼数小时 后作出的。 1、国家主席习近平应约同德国总理默茨通电话。习近平指出，事实充分证明， 中德、中欧关系的正确定位是伙伴。 今年是中国同欧盟建交50周年，双方 要共同总结中欧关系发展成功经验， 发出维护多边主义和自由贸易、深化开放互利合作的积极信号。 2、国务院总理李强主持召开国务院常务会议， 审议通过《制造业绿色低碳发展行动方案（2025-2027年）》，研究进一步健全横向生态保护补偿机制有 关举措， 讨论《中华人民共和国食品安全法（修正草案）》。 1、 央行、外汇局拟完善境内企业境外直接上市资金管理，明确境外上市募集资金、减持或转让股份所得资金原则上应汇回境内 ，股东因增持汇出资金如 有剩余或交易未达成时，应及时汇回境 ...

哈佛大学回应美国 政府宣布取消哈佛大学招收国际学生资质的行为：非法且有害。 整理 ｜郭子赫 福瑞泰克（浙江）智能科技股份有限公司 36氪获悉，据港交所文件，福瑞泰克（浙江）智能科技股份有限公司向港交所提交上市申请书，联席保荐人为中信证券、中金 公司、华泰国际、汇丰。 韦尔股份 36氪获悉，韦尔股份公告，公司拟发行境外上市股份（H股）并在香港联合交易所有限公司主板上市，以加快公司国际化战略 及海外业务发展，增强境外融资能力，提高综合竞争力。该事项尚需提交股东大会审议，并需取得相关政府机构、监管机构备 案、批准和/或核准。目前相关细节尚未最终确定，发行存在重大不确定性。 哈佛大学回应 特朗普政府的行为：非法且有害 5月22日，美国政府宣布取消哈佛大学招收国际学生资质。根据这一决定，除了不能再招收国际学生入学外，哈佛大学现有外 国学生需转学，否则将失去合法身份。对此，哈佛大学发表声明指出，特朗普政府的行为"非法且有害"，学校正在迅速行动， 为社区成员提供指导和支持。声明还称，"这一报复性行动可能对哈佛社区和国家造成严重损害，并损害哈佛的学术和研究使 命。" 不过，据美国媒体报道，美国加利福尼亚州的联邦法官杰弗里·怀 ...