周五美股成交额第1名特斯拉收高2.11%，成交296.3亿美元。据媒体日前报道，特斯拉丢掉2025年纯电 动车全球年销量冠军，并且在其重要的海外市场欧洲也正面临着严峻挑战。 根据美国汽车网站Electrek报道，基于欧洲主要市场的汇总注册数据，特斯拉2025年在欧洲的全年销量 从2024年约32.6万辆降至23.5万余辆，同比下跌27.8%。这种下滑在其核心市场德国和英国尤为明显。 作为欧洲最大的电动车市场，德国联邦机动车管理局在1月6日公布的数据显示，2025年特斯拉的销量下 降近半，约为1.9万辆。与此同时，在欧洲第二大电动车市场英国，特斯拉2025年的销量为5.03万辆，同 比下滑10%。 第2名英伟达收跌0.10%，成交241.97亿美元。英伟达即将任命谷歌云高管Alison Wagonfeld为其首席营 销官（CMO），反映这家硅谷芯片制造商正寻求进一步提升自身品牌影响力。 当地时间周四（1月8日），Wagonfeld在领英动态中宣布了这一消息。她写道，"我将于1月下旬离开谷 歌，加入英伟达担任CMO。"帖文还提到，"我很高兴能加入詹森（黄仁勋）的领导团队，在英伟达开 启下一个增长阶段之际，负责市场 ...

【导读】存储芯片涨疯了 大家好，今晚继续关注海外市场的表现。 美股上涨 1月6日晚间，美股三大指数继续上涨。 | AC N 49110.46 | 00 V 23441.38 | 6917.22 | | --- | --- | --- | | 道琼斯指数 +0.27% | 纳斯达克综合指数 +0.19% | 标普500指数 +0.22% | 到目前为止，股市投资者对委内瑞拉局势紧张基本不为所动，三年牛市仍在延续，而这轮行情主要由对AI相关股票的需求推动。周二公布的美国服务业 PMI低于预期，进一步抬升了市场对降息的押注；本周稍晚还将发布商业活动与就业市场数据。 周一拉斯维加斯CES展会上，多家芯片巨头集中发布最新动态后，AI主线仍将是市场焦点。英伟达CEO黄仁勋表示，备受期待的Rubin数据中心处理器已 进入量产，客户很快就能试用相关技术。英伟达股价一度上涨近2%，带动三大股指整体走强。其他与AI相关的股票也推升大盘。 Innovator ETFs研究与投资策略主管Tom O'Shea表示："从历史经验看，登上头条的地缘政治事件可能带来短期波动并压低股价。但这一次，标普500指数 在行动后的首个交易日反而上涨， ...

【导读】存储芯片涨疯了 中国基金报记者 泰勒 大家好，今晚继续关注海外市场的表现。 1月6日晚间，美股三大指数继续上涨。 美股上涨 到目前为止，股市投资者对委内瑞拉局势紧张基本不为所动，三年牛市仍在延续，而这轮行情主要由对AI相关股票的需求推动。周二公布的 美国服务业PMI低于预期，进一步抬升了市场对降息的押注；本周稍晚还将发布商业活动与就业市场数据。 周一拉斯维加斯CES展会上，多家芯片巨头集中发布最新动态后，AI主线仍将是市场焦点。英伟达CEO黄仁勋表示，备受期待的Rubin数据 中心处理器已进入量产，客户很快就能试用相关技术。英伟达 股价 一度上涨近2%， 带动三大股指整体走强。其他与AI相关的股票也推升 大盘。 Innovator ETFs研究与投资策略主管Tom O'Shea表示："从历史经验看，登上头条的地缘政治事件可能带来短期波动并压低股价。但这一 次，标普500指数在行动后的首个交易日反而上涨，能源股领涨，市场预期美国企业可能从委内瑞拉潜在的基础设施重建中受益。与此同 时，国防股、贵金属和比特币也上涨，显示投资者反应偏'分化'。" 此外，今晚美股最大的亮点，是存储芯片概念股集体大涨，其中，Sa ...

受人工智能基础设施需求激增引发的全球供应短缺影响，投资者押注存储芯片价格将进一步上涨，全球 头部存储芯片供应商股价于周一集体走高。 三星联席首席执行官卢泰文在接受路透社采访时称，此次供应短缺的程度 "前所未有"。其他存储芯片 厂商也发出类似预警，称随着人工智能基础设施建设竞赛持续消耗芯片产能，供应紧张的局面即便不会 持续数年，也可能维持数月之久。 在这一需求推动下，存储芯片制造商纷纷将产能转向人工智能服务器专用的高带宽内存芯片，这使得 U 盘、智能手机等设备所使用的闪存芯片在内的几乎所有其他领域的供应都变得紧张。 存储芯片行业具有极强的周期性特征，其价格波动剧烈，行业发展通常会经历大幅衰退与强劲增长的交 替循环。 晨星与摩根大通的分析师预计，当前这场被业内称为 "超级周期" 的上行行情，很可能会持续至 2027 年。 责任编辑：郭明煜 受人工智能基础设施需求激增引发的全球供应短缺影响，投资者押注存储芯片价格将进一步上涨，全球 头部存储芯片供应商股价于周一集体走高。 三星联席首席执行官卢泰文在接受路透社采访时称，此次供应短缺的程度 "前所未有"。其他存储芯片 厂商也发出类似预警，称随着人工智能基础设施建设竞赛持 ...

人工智能技术发展带来的数据存储需求激增，已成为驱动存储芯片行业景气的核心因素。日本存储芯片制造商铠侠（Kioxia Holdings Corp）在2025年录得全 球领先的股价涨幅，其表现被视为该行业需求旺盛的显著信号。 铠侠生产的闪存芯片是AI训练和数据中心的关键组件。随着全球科技企业加速构建AI基础设施，对存储芯片的需求呈现爆发式增长。多家科技公司已预警 存储芯片供应短缺，市场预期产品价格将随之大幅上涨。 Asymmetric Advisors Pte的日本股票策略师Amir Anvarzadeh表示，展望2026年的科技板块，其重心将主要放在存储芯片领域。他指出，存储芯片的需求目前 远超供给，市场已处于严重的供不应求状态，这种供需失衡的格局预计将继续为相关企业的业绩提供支撑。 与此同时，中国存储芯片产业的自主化进程也取得进展。国内DRAM龙头企业长鑫科技集团股份有限公司的科创板IPO申请已于2025年12月30日获得受理， 拟募集资金295亿元。根据招股书，该公司在2025年前九个月营收达320.84亿元。 市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场 ...

年末欢聚，共启新程！ 设计 | 甄 尤美 撰文 | 张 霖郁 编辑 | 黄大 路 据当地时间2025年12月19日路透社报道，丰田将把在美国生产的三款车型——凯美瑞、汉兰达和坦途（Tundra）反向出口到日本。 丰田的目的是为了改善日美贸易关系，并顺应特朗普（Donald Trump）对缩减逆差的要求。 这一决定具有象征意义：日本逆向进口曾是美国多年的关注点，通过将美国制造的车型引回本土销售，意味着日本汽车产业的主动示好。 丰田公司高层也表示，虽然并未明确承诺额外10亿美元投资，但将继续扩大在美生产和用工。 日本政府在特朗普第二任期初期宣布了对美新增制造业投资的系列举措。 2025年，日本公布了一份约550亿美元规模的对美潜在投资项目清单，涵盖能源、半导体、材料、汽车、机器人等行业。此外，多家日本大企业 纷纷表态要加码美国产能。 软银、西屋电气、东芝等日本企业也列入名单，计划在美国开展包括核电和半导体在内的重磅项目。 汽车业回流 特朗普政府新一轮产业政策推动下，美国汽车制造业出现多方扩产、投资和调整的现象。 外资车企方面，丰田此前宣布将在北卡罗来纳州启动13亿美元电池工厂，并确认未来5年将继续在美投资100亿 ...

Core Viewpoint - Xi'an Yichai (688783.SH) has signed an investment cooperation agreement with Wuhan Optics Valley Semiconductor Industry Investment Co., Ltd. to establish a silicon material base project in Wuhan, focusing on the production of 12-inch silicon single crystal polished wafers and epitaxial wafers for advanced integrated circuit processes [1] Investment and Financials - The total investment for the project is approximately 12.5 billion yuan, with 8.5 billion yuan as capital and the remaining 4 billion yuan to be financed through bank loans [1] - The planned production capacity for the project is 500,000 wafers per month, contributing to a total capacity of over 1.7 million wafers per month for the company after completion [1] Strategic Importance - This collaboration is a significant step in expanding the company's existing capacity and aligns with its strategic planning [1] - The project aims to enhance the company's position as a leading player in the domestic market, providing services to clients in Central China and extending reach to the Yangtze River Delta and Pearl River Delta regions [1] - The initiative is expected to improve the company's scale effects and enhance returns for investors [1]

Group 1 - The core viewpoint emphasizes the significant progress in major infrastructure projects in Shaanxi, which are crucial for driving economic and social development [3][4][5] - Key projects include the completion of the Xi'an to Shiyan high-speed railway and the ongoing construction of the Hanzhou-Mei Expressway, which is expected to enhance regional transportation [6][7] - The Shaanxi government has established a task force to ensure the timely progress of these projects, resulting in a stable increase in fixed asset investment, with a 2.9% growth in the first three quarters, surpassing the national average [7][13] Group 2 - The Shaanxi Coal Group's Yulin Chemical project is advancing, utilizing local coal resources to produce high-value materials, with an expected annual revenue of 134 billion yuan and profits exceeding 30 billion yuan [4][5] - The establishment of the PepsiCo production base in Shaanxi, with an investment of approximately 1.3 billion yuan, showcases the region's commitment to attracting high-quality projects and enhancing production capabilities [8][9][10] - The province has implemented reforms to streamline project approvals, significantly reducing the time required for necessary permits, thus fostering a more conducive environment for investment [12][13] Group 3 - Shaanxi's focus on attracting investment and developing key industrial chains has led to the establishment of numerous high-quality projects, contributing to the province's economic growth [14][16] - The province has seen a 7% increase in social capital investment, with private investment growing by 9.8%, indicating a robust investment climate [15] - The government has secured substantial funding for project construction, including 23.52 billion yuan from central budget investments, which is a record high, ensuring financial support for ongoing and future projects [17]

Core Viewpoint - The press conference highlighted the achievements of Shaanxi Province in building a modern industrial system during the "14th Five-Year Plan" period, focusing on industrial, agricultural, service, and infrastructure transformations. Group 1: Industrial Development - New industrialization has made solid progress, with traditional industries undergoing accelerated transformation. The province has implemented a plan for industrial structure adjustment in the Guanzhong area, promoting the upgrade of high-energy-consuming and high-polluting enterprises. Major modern coal chemical projects have been planned, resulting in an increase of over 8 million tons/year in coal-based chemical product capacity and nearly 50 billion yuan in output value [6][44]. - The energy security capacity has improved, with natural gas and crude oil production ranking 3rd and 4th nationally, respectively. Natural gas production increased by 10 billion cubic meters compared to the end of the "13th Five-Year Plan." Coal production is expected to reach 780 million tons in 2024, an increase of 10 million tons from 2020 [6][44]. - Strategic emerging industries have rapidly risen, with the added value of new strategic industries and high-tech manufacturing growing at an average annual rate of 8.7% and 10.3%, respectively. The production of new energy vehicles has increased by an average of 112% annually, ranking among the top three in the country [6][44]. Group 2: Agricultural Development - The foundation of modern agriculture has been continuously strengthened, with the implementation of a three-year action plan for rural industrial integration development. By 2025, the province aims to secure 3.356 billion yuan in central investment for high-standard farmland and other projects. The total grain output in 2024 is projected to reach 13.5229 million tons, with a yield of 297.35 kg/mu, both hitting historical highs [7]. Group 3: Service Sector Growth - The service sector has expanded significantly, with the added value expected to reach 18.4 trillion yuan in 2024, a year-on-year growth of 5%, accounting for over 50% of the province's GDP. The province has recognized 30 provincial-level service industry agglomeration areas, promoting the scale development of the service sector [8]. Group 4: Infrastructure Enhancement - The international logistics channels have been efficiently established, with the construction of the China-Europe Railway Express Xi'an assembly center and the regular operation of 18 international routes. The annual operating volume has increased from 3,720 trains in 2020 to 4,985 trains in 2024, averaging a growth of 34% [9]. - The comprehensive transportation network is improving, with the railway operating mileage reaching 6,030 kilometers and the total road mileage reaching 190,000 kilometers. The renewable energy installed capacity has reached 63.45 million kilowatts, with all counties and highway service areas having charging stations [9].

Group 1: Modern Industrial System Development - Shaanxi has focused on building a modern industrial system as a strategic initiative during the 14th Five-Year Plan, leading to revitalization of traditional industries and rapid growth of emerging industries [1] - The province has implemented a plan for industrial structure adjustment in the Guanzhong area, promoting the transformation and upgrading of high-energy-consuming and high-polluting enterprises [1] - Strategic emerging industries and high-tech manufacturing have seen annual value-added growth rates of 8.7% and 10.3% respectively during the 14th Five-Year Plan, with new energy vehicle production growing at an annual rate of 112% [1] Group 2: Agricultural Modernization - The implementation of the rural industrial integration development demonstration park three-year action plan has resulted in the establishment of 9 national and 65 provincial demonstration parks, with a target of 3.356 billion yuan in central investment for 2025 [2] - In 2024, the total grain production is expected to reach 13.5229 million tons, with a historical high yield of 297.35 kg per mu [2] Group 3: Service Industry Development - By 2024, the service sector's value added is projected to reach 1.84 trillion yuan, accounting for 51.8% of the province's GDP, achieving the 14th Five-Year Plan target ahead of schedule [2] - The combined revenue of scientific research, technical services, and information technology services accounted for 51.3% of the profitable service industry in the first three quarters of this year [2] Group 4: Infrastructure Enhancement - The construction of the China-Europe Railway Express (Xi'an) has seen an increase in annual operations from 3,720 trains in 2020 to 4,985 in 2024, with an average annual growth of 34% [2] - The railway operating mileage has reached 6,030 kilometers, while the total road mileage has reached 190,000 kilometers, and urban rail transit operating mileage has reached 403 kilometers [2]