来源：格隆汇APP (格隆汇) 格隆汇2月4日｜美国1月"小非农"ADP就业人数不及预期，显示劳动力市场继续放缓。美股开盘，三大 指数涨跌不一，纳指跌0.16%，标普500指数涨0.08%，道指涨0.4%。 AMD大跌近12%，预期首季营收环比下滑5%至98亿美元，业绩释放待下半年MI450系列放量。 芯科实验室暴涨超51%，德州仪器跌超2%，德州仪器将以75亿美元的价格收购芯科实验室。 诺和诺德跌4.5%，预计今年销售额和营业利润下降5%-13%，公司面临前所未有的定价压力。 超微电脑涨近9%，Q2业绩及指引均超预期，AI数据中心设备需求强劲。 ...

超微电脑(SMCI.US)盘前涨超11%，报33.05美元。消息面上，超微电脑公布截至12月31日的第二财季业 绩，销售额同比暴增超123%至126.8亿美元，超过分析师预期的102.2亿美元；调整后每股收益为69美 分，亦超过分析师预期的49美分。展望第三财季，超微电脑预计营收将至少达到123亿美元，调整后每 股收益将至少为60美分，均超过预期，显示市场对其用于运行AI数据中心的设备需求强劲。此外，公 司将本财年销售额指引从至少360亿美元上调到至少400亿美元。(格隆汇) ...

Core Viewpoint - Lens Technology is a global leader in precision manufacturing, embarking on a new chapter of multi-polar growth through a strategy focused on "new materials, new technologies, new equipment, and new fields" [1] Group 1: Company Strategy and Capabilities - The company leverages its deep technical expertise in various materials such as glass, metal, and ceramics to achieve vertical integration from raw material production to module assembly and complete machine assembly [1] - Future growth is expected through sustained high-intensity R&D investment and a global capacity network, creating dual engines for technological innovation and rapid market response [1] Group 2: Market Opportunities and Growth Drivers - The company aims to transform into a "smart hardware manufacturer in the AI era," promoting the synergy between assembly business and high-value-added components to optimize profit structure [1] - Expansion into the automotive electronics sector is seen as a second growth engine, while proactive positioning in emerging markets is intended to cultivate future growth momentum [1] Group 3: Business Segments and Valuation - The company's business spans consumer electronics, smart automotive, humanoid robots, AI glasses/XR headsets, smart retail devices, and AI data centers, forming a collaborative development layout across multiple scenarios [1] - The current price corresponds to a PE ratio of 38.69/28.46/22.92 times, maintaining a "buy" rating [1]

作者丨彭新 编辑丨包芳鸣 11月21日，OpenAI正式宣布与电子制造巨头富士康（Foxconn）达成战略合作，双方将围绕新一代人工 智能（AI）基础设施硬件的设计与制造展开协作。 从协议内容来看，这并非一份代工合同，而是一份联合研发框架协议。OpenAI将分享其对人工智能行 业新兴硬件需求相关洞察，为富士康在美国工厂制造的硬件设计与开发提供参考依据。富士康将依据 OpenAI的设计参考，在美国工厂制造关键硬件。 OpenAI首席执行官萨姆·阿尔特曼（Sam Altman）在声明中称："先进人工智能背后的基础设施为美国重 振工业化提供了千载难逢的机遇，并有助于确保AI的好处得到广泛分享。" 值得注意的是，目前双方达成的仅为初步协议，不包含具体采购承诺，这意味着双方的协议存在不确定 性。 密集布局AI产业链上下游 富士康的加入，是OpenAI试图掌控算力基础设施自主权的一环。近期多种迹象表明，OpenAI正从单纯 依赖云服务商的轻资产模式，向自建数据中心的重资产模式转型。 这一战略转变在人事层面已有体现。就在宣布与富士康合作的前夕，11月10日，英特尔前首席技术官 Sachin Katti在社交媒体上确认加入O ...

Group 1 - Foxconn has reached an agreement with SoftBank to produce AI data center equipment in the U.S., which may play a significant role in advancing the "Gateway to the Stars" initiative [1] - SoftBank has acquired Foxconn's electric vehicle factory in Lordstown, Ohio, and Foxconn will continue to operate the factory through a joint venture with SoftBank [1] - The project was initiated over six months ago, with Ohio being chosen as a suitable location due to considerations of power, space, and timing [1] Group 2 - The "Gateway to the Stars" project, announced in January, involves a $500 billion investment in large-scale AI infrastructure by SoftBank, OpenAI, and Oracle [2] - SoftBank's founder Masayoshi Son pledged $100 billion for data centers, power plants, and other infrastructure to support AI during the announcement of the project [2] - Previous reports indicated that economic risks from U.S. tariffs and the emergence of more cost-effective AI models have complicated financing for the project, although SoftBank denies that financing is an issue [2]