行情速递 ① 主 板 领 涨 ， 达 华 智 能 (+10.12%)/ 方 正 科 技 (+10.05%)/ 环 旭 电 子 (+10.02%)/ 格 尔 软 件 (+10.02%)/广合科技 (+10.00%)/ ②创业板领涨，科翔股份(+20.00%)/香农芯创(+20.00%)/航天智装(+19.98%)/ ③科创板领涨，普冉股份(+20.00%)/生益电子(+19.99%)/恒烁股份(+18.08%)/ ②翰博高新，发布2025年第三季度报告/2025年第三季度公司实现营业收入 8.70亿元/同比增长33.34%/归母净利润达1,766万元/同比大增153.33%/ ③可立克，发布2025年第三季度报告/2025前三季度公司实现营收41.05亿 元/同比增长24.86%/归母净利润达2.32亿元/同比增长52.51%/ ④杰创智能，发布2025年第三季度报告/2025前三季度公司营收5.99亿元/ 同比增长30.73%/归母净利润达2277万元/同比由亏转盈/ ④活跃子行业，SW通信网络设备及器件 (+7.49%)/ SW印制电路板 (+7.06%)/ 国内新闻 ① 艾邦ARAI眼镜资讯，理湃光晶完成 ...

Group 1: Samsung's AI Modem Development - Samsung Electronics is developing an AI modem chip for satellite communication aimed at SpaceX's Starlink network as part of its next-generation non-terrestrial 6G strategy [1][2] - The new Exynos modem, which integrates an AI accelerator (neural processing unit), is designed to improve tracking of fast-moving satellites and optimize signal links in real-time, with beam recognition and channel prediction capabilities enhanced by 55 times and 42 times, respectively [1] - The anticipated market for this technology could reach 740 trillion Korean won (approximately 530 billion USD) by 2040 [1] Group 2: Collaboration with SpaceX - Samsung is negotiating to join SpaceX's non-terrestrial 6G network supply chain, which aims to connect the globe through Starlink satellites [2] - The collaboration highlights Samsung's ambition to expand beyond smartphones and memory chips, with recent partnerships extending to Tesla's internal AI semiconductor projects [2] Group 3: SpaceX's Strategic Moves - SpaceX has invested approximately 17 billion USD to acquire 50 MHz of wireless spectrum and global mobile satellite service (MSS) frequencies to support its non-terrestrial network [2][5] - The company is working with chip manufacturers to embed devices in mobile phones for its emerging Starlink satellite-to-phone service, which aims to provide direct mobile services from space [4][5] - SpaceX plans to launch new satellites in the next two years to support its direct-to-device business and conduct mobile phone testing by late next year [5] Group 4: Elon Musk's Vision for AI Chips - Elon Musk emphasized Samsung's significant role in the development of Tesla's AI chips, particularly the AI5 chip, which will be manufactured in collaboration with both Samsung and TSMC [7][8] - The AI5 chip is designed differently from traditional GPUs, omitting image signal processing to maximize efficiency [7] - Tesla has signed a 16.5 billion USD agreement with Samsung for the production of the next-generation AI6 chip, marking a significant win for Samsung's foundry division [7][8]

Group 1 - Tesla's CEO Elon Musk announced that Samsung Electronics will participate in the production of Tesla's self-developed AI chip "AI5," alongside TSMC, correcting previous reports that suggested TSMC would be the sole producer [1][2] - The AI5 chip is expected to enter mass production by the end of 2026, targeting a performance of 25 trillion operations per second (TOPS), while the AI6 chip is planned for release between 2027 and 2028, aiming for a performance of 50 to 60 trillion operations per second [2] - Musk emphasized the goal of ensuring an oversupply of AI5 chips, stating that any excess could be utilized in data centers, and clarified that Tesla's needs differ from Nvidia's broader customer base [3]

Core Viewpoint - Tesla's CEO Elon Musk announced that Samsung Electronics is increasingly involved in manufacturing Tesla's chips, indicating Samsung's gradual entry into a market traditionally dominated by TSMC [1] Group 1: AI Chip Manufacturing - During Tesla's Q3 investor call, Musk revealed that Samsung will share the manufacturing responsibilities of Tesla's current generation AI chip, AI5, with TSMC, contradicting his earlier statement that TSMC would be the sole producer [3] - Tesla relies on these AI chips to power its autonomous driving features and its early-stage humanoid robot product line, combining in-house chips with leading AI processors from Nvidia [3] Group 2: Production Strategy - Musk stated that Tesla is striving for "overproduction," allowing any unused chips for cars or robots to be utilized in the company's data centers [4] - In July, Musk mentioned that Tesla would commission Samsung to produce the next-generation AI6 chip, with a significant agreement valued at $16.5 billion (approximately 117.07 billion RMB) signed between the two companies [4] Group 3: Samsung's Position in Semiconductor Industry - Despite being significantly behind TSMC in the semiconductor foundry industry, Samsung is increasing investments in a production facility near Austin, where Tesla's headquarters is located [5]

特斯拉正在深化与三星电子的合作关系。 10月22日，在公司第三季度的财报电话会议上，首席执行官埃隆·马斯克向投资者披露，三星将与长期 合作伙伴台积电共同承担特斯拉当前一代AI芯片——AI5的生产任务。这与马斯克此前公开表示AI5将 由台积电生产的说法有所不同。 马斯克解释称，这一调整的目标是实现"超额生产"。他明确表示："我们的明确目标是让AI5芯片供过于 求。"他补充说，任何未用于汽车或机器人的过剩芯片，都可以被灵活地部署到公司的数据中心。 对于三星而言，获得AI5芯片的部分订单是一次重大胜利，标志着其在由台积电主导的芯片代工市场取 得了进一步突破。据报道，三星在代工行业虽仍位居第二，但正在其位于德克萨斯州奥斯汀附近的生产 中心加大投资，而特斯拉的总部也设在奥斯汀。 将AI5芯片的订单分给三星，是两家公司合作关系不断深化的最新例证。据媒体此前报道，今年7月， 三星宣布与一位未具名客户签订了一份价值165亿美元的芯片合同，马斯克随后证实该客户就是特斯 拉。 当时，马斯克表示三星已经在生产上一代的AI4芯片，而下一代的AI6芯片也将由三星制造。如今，三 星的职责范围已扩展至当前的AI5芯片，这表明其在特斯拉未来 ...

Group 1 - Tesla announced an important message will be revealed on October 7, as shared through a teaser video on its official X account [2] - The teaser video features a metal turbine-like component with the Tesla logo, and a subsequent clip shows a new headlight design for a vehicle, indicating a shift from the current Model Y's headlight structure [4] - Speculation suggests the announcement may pertain to the long-awaited next-generation Roadster, which is expected to incorporate SpaceX technology for enhanced performance [6] Group 2 - Tesla reported production of over 447,000 electric vehicles and deliveries exceeding 497,000 in Q3 2025, with energy storage installations reaching a record 12.5 GWh [7] - The "Master Plan" fourth chapter emphasizes integrating AI, automation, and large-scale manufacturing to promote sustainable development and human prosperity [7] - Elon Musk highlighted advancements in Tesla's AI chip development, with the AI5 chip expected to be a significant product and the upcoming AI6 chip anticipated to be the best AI chip to date [7]

特斯拉官方X账号10月5日发布推文，分享了一段9秒的预热视频，宣布将于10月7日揭晓一项重要消 息。 视频内容极为简洁，官方未提供任何文字说明或线索，仅展示了一个中心印有特斯拉标志的金属涡轮状 部件在高速旋转，最后画面定格于日期"10/7"。 此后，特斯拉又发布了一条新车大灯的预告片段，从公布的头灯来看，新车取消了普通版Model Y上的 横贯式灯组，单个大灯改为了两段式设计，外侧为照明光源，内侧为日间行车灯。 目前，最主流的猜测指向已延宕多年的下一代Roadster跑车。特斯拉首席执行官埃隆・马斯克此前曾多 次承诺，新款Roadster将集成 SpaceX 的技术，以实现前所未有的极致性能。 特斯拉在今年早些时候申请的一项专利也为这一猜测提供了技术支撑，该专利描述了一套自适应空气动 力学系统，能够利用内置风扇主动提升车辆抓地力与操控性，从而确保车辆在闪电般的加速过程中保持 车身稳定。 9月8日，马斯克在社交媒体上发帖称，"刚和特斯拉AI5芯片设计团队完成了一场非常出色的设计评审！ 这款芯片必将成为'史诗级'产品。而紧随其后的AI6芯片，有望成为迄今为止最出色的AI芯片。" 不过，也有大量分析认为，此次发布的 ...

Core Viewpoint - Tesla's Q3 2025 report highlights record electric vehicle deliveries and energy storage installations, showcasing strong performance amid increasing market competition [4][5][6]. Production and Deliveries - In Q3 2025, Tesla produced over 447,450 electric vehicles and delivered over 497,099, with a year-on-year delivery growth of 7.3%, surpassing market expectations [6][7]. - The Model Y and Model 3 combined deliveries reached 481,166 units, reflecting a 9.4% year-on-year increase, with the Shanghai Gigafactory contributing significantly to this growth [7][8]. Energy Storage Business - Tesla's energy storage business achieved a record installation of 12.5 GWh in Q3 2025, driven by the capacity release from the Shanghai energy storage factory [8][9]. Product Innovations - Tesla introduced significant upgrades to its core products, including the Model Y and Model 3, enhancing their battery technology and extending their range capabilities [11][12]. - The launch of the Robotaxi service in Austin, Texas, marks a significant expansion of Tesla's autonomous driving initiatives [12][13]. Market Position and Competition - Despite fierce competition in the automotive market, particularly in China, Tesla continues to leverage its strong product capabilities to maintain a competitive edge [16][17]. - In September 2025, Tesla achieved a weekly sales record of 19,300 units in China, with the Model Y and the newly launched Model Y L leading the sales [17][18]. Future Outlook - Tesla is expected to expand its product lineup further in Q4 2025, with the anticipated launch of the Model Y Youth version, aimed at capturing more market share in the affordable segment [19][20]. - With Elon Musk's full return, Tesla is poised for significant advancements in electric vehicle deliveries and energy business, alongside a strong market performance reflected in its stock price reaching $450 and a market capitalization of $1.5 trillion [20].

Core Viewpoint - Samsung is challenging TSMC by reducing its 2nm wafer price to $20,000, which is nearly one-third lower than TSMC's price of $30,000, amidst high demand for advanced chips [5][6]. Group 1: Market Dynamics - The global advanced chip production is operating at full capacity, with companies like Nvidia struggling to secure enough supply to meet their needs [5]. - Despite being a seller's market, there is still competition among chip foundries, as evidenced by Samsung's price reduction strategy [5]. Group 2: Samsung's Strategy - Samsung's decision to lower its 2nm wafer price is seen as a necessary move to avoid idle capacity in its new wafer fabrication plant and ensure a return on investment [5]. - The company previously faced significant challenges with its 2nm plans, including a reported 50% cut in wafer fab investments earlier this year [5]. Group 3: Partnerships and Opportunities - Samsung recently secured a $16.5 billion deal with Tesla to produce AI6 chips, which will be manufactured at its Texas facility, providing a boost to its chip manufacturing efforts [5]. - The collaboration with Tesla is expected to help Samsung improve its yield rates, which are targeted to reach 60% to 70% [5]. Group 4: Competitive Landscape - TSMC currently holds the largest market share in the 2nm segment, with 15 major clients including Intel, AMD, MediaTek, and Nvidia [6]. - Samsung's $20,000 wafer price presents an attractive option for customers unable or unwilling to pay TSMC's premium prices [6].

Core Viewpoint - Tesla is actively recruiting semiconductor experts to enhance the development and mass production capabilities of its next-generation AI6 chip, indicating a strategic partnership with Samsung for manufacturing [2][4]. Group 1: Recruitment and Development - Tesla is seeking "Silicon Module Process Engineers" with experience in lithography, visual systems, deposition, measurement, and inspection to support advanced system-on-chip development [4]. - The recruitment is primarily to meet the manpower needs related to the AI6 chip development contract with Samsung [4]. - Elon Musk has stated that the AI6 chip is expected to be the best AI chip to date, reflecting Tesla's high expectations for its semiconductor engineering team [4]. Group 2: AI6 Chip Specifications and Production - The AI6 chip is designed for applications in Tesla's next-generation Full Self-Driving (FSD), robotics, and data centers, with a manufacturing contract with Samsung valued at $16.5 billion, marking the largest single transaction in Samsung's foundry history [4]. - The AI6 chip is anticipated to utilize Samsung's 2nm Gate-All-Around (GAA) technology, which was first adopted by Samsung in 2022 for 3nm process chips [4]. - Mass production of the AI6 chip is targeted for 2028, with peak production expected between 2029 and 2032 [4]. Group 3: Collaboration with Samsung - Musk has indicated that Tesla will be deeply involved in the mass production of the AI6 chip, even personally overseeing operations to expedite manufacturing [5]. - Candidates for the recruitment must possess expertise in yield improvement and collaboration with foundries, highlighting the joint development of processes between Tesla and Samsung [5]. - Samsung's foundry division has recently secured multiple advanced process orders, leading to optimistic market sentiment regarding its semiconductor business performance [5].