当地时间1月9日，美股三大指数集体收涨，纳指涨近1%，道指、标普500指数均创历史收盘新高。科技股普涨，英特尔涨 超10%，阿斯麦涨逾6%，特斯拉涨超2%。 宏观经济数据方面，美国2025年12月非农就业人口温和增长5万，失业率降至4.4%。12月美国非农就业增长放缓程度超出 市场预期，但失业率下降至4.4%，表明劳动力市场并未出现快速恶化，进一步强化经济"软着陆"叙事。市场目前预计美联 储在2026年1月议息会议上降息的概率仅为5%。不过，市场整体仍然预计，美联储在2026年会降息两次。 道指、标普500指数均创历史新高 当地时间周五，美股三大股指全线收涨。道指涨0.48%报49504.07点，标普500指数涨0.65%报6966.28点，纳指涨0.81%报 23671.35点。其中，道指、标普500指数均创历史收盘新高。从全周来看，道指本周累涨2.32%，标普500指数涨1.57%，纳 指涨1.88%。 盘面上，大型科技股多数上涨，万得美国科技七巨头指数上涨0.48%。个股方面，特斯拉涨超2%，脸书涨逾1%，谷歌涨近 1%，亚马逊涨0.43%，微软涨0.24%，苹果涨0.13%，英伟达跌0.12%。 芯片 ...

Core Insights - The article discusses the significant impact of memory shortages on server and PC prices, with manufacturers facing rising component costs due to a shift in production focus towards AI servers [3][4]. Group 1: Price Increases - DRAM prices are projected to rise by 8% to 13%, with some forecasts suggesting even higher increases [3]. - Major OEMs, including Dell, Lenovo, HP, and HPE, plan to raise server prices by approximately 15%, while PC prices are expected to increase by about 5% [4][5]. - Samsung has reportedly raised memory prices by up to 60% as wafer production capacity shifts towards AI workloads [4]. Group 2: Industry Response - Manufacturers are reevaluating their product lines, with some brands halting consumer-oriented memory production to meet enterprise demands [4]. - The COO of Dell described the current memory shortage as "unprecedented," indicating that supply is struggling to keep pace with growing demand [4]. - Lenovo's COO highlighted the immense cost pressure from memory and solid-state drives, complicating mitigation efforts [5]. Group 3: Market Dynamics - The shift towards AI-centric production is affecting the supply and cost of general hardware components [4][6]. - IDC analysts noted that the current market volatility is unusually high compared to past fluctuations, driven by increasing demand for servers, CPUs, and GPUs [5].