Core Insights - ASUS has launched a series of significant discounts for Amazon Prime Day, offering savings of up to $700 and discounts reaching 53% on various products from July 8 to July 11 [3][6]. Everyday Laptops - ASUS Zenbook A14: Originally priced at $1,399, now available for $1,229, saving $170. Features include a Snapdragon® X Processor, up to 32 hours of battery life, and a lightweight design [3]. - ASUS Vivobook S14 Flip: Priced down from $1,299 to $949, saving $250. This 2-in-1 laptop includes an Intel® Core™ i7-13620H processor, 1TB SSD, and 16GB RAM [4]. - ASUS Vivobook Go 15: Reduced from $799 to $549, saving $250. It features a 15.6-inch Full HD display and AMD Ryzen™ 5 7520U processor [5]. - ASUS Vivobook S15: Now $949.99, down from $1,499, saving $549. It is powered by the Snapdragon® X Elite processor and features a 15.6" 3K 120Hz OLED display [5]. Gaming Laptops - TUF Gaming A15: Priced at $1,299, down from $1,799, saving $500. It features an AMD Ryzen™ 9 8945HS processor and NVIDIA® GeForce RTX™ 4060 GPU [7]. - TUF Gaming F17: Now $1,599, reduced from $2,299, saving $700. It includes a 17.3" FHD display and Intel® Core™ i9 processor [7]. - ROG Strix G16 (2024): Available for $1,599, down from $1,999, saving $400. It features an Intel® Core™ i7-13650HX processor and NVIDIA® GeForce RTX™ 4060 GPU [8]. - ROG Strix G18 (2025): Priced at $3,499, down from $3,799, saving $300. It includes an Intel® Core™ Ultra 9 Processor and NVIDIA® GeForce RTX™ 5070Ti GPU [8]. Chromebooks - ASUS Chromebook CX14: Now $229, down from $369, saving $140. It features an Intel Processor N4500 and a Full HD NanoEdge display [9]. - ASUS Chromebook CX1: Reduced from $399 to $189, saving $210, which is a 53% discount. It features a 15.6-inch Full HD display and military-grade durability [9]. - ASUS Chromebook Plus CX15: Now $349, down from $499, saving $150. It features an Intel® Core™ i3 processor and enhanced productivity tools [9]. Desktops & All-in-Ones - ASUS V440 All-in-One: Priced at $599, down from $899, saving $300. It features an Intel® Core™ i3-1315U processor [11]. - ASUS ExpertCenter P500: Now $649, reduced from $899, saving $250. It features an Intel® Core™ i5-13420H processor and is designed for business use [12].

里昂预计瑞声科技将在 2025 年上半年业绩稳健，这得益于其光学业务实现盈利，以及 iPhone 16 的新 型侧边按钮模块，还有华为 Pura 80 和小米新款智能手机等机型所带来的业绩贡献，且重申了对其 "跑 赢大盘" 评级及 66.10 港元的目标价。 瑞声科技：2025 年上半年增长按计划推进 瑞声科技在 2025 年上半年的收益主要得益于其光学业务的好转。该公司在苹果和安卓领域的业务也实 现了稳健增长。据行业调查显示，该公司的混合镜头已应用于 Pura 80 的主摄像头，且作为主要供应 商，其混合镜头还有可能配备在即将推出的小米 16 的主摄像头上。里昂的渠道调查还表明，瑞声科技 将为 iPhone 17 Pro/Pro Max 供应均热板(VC 散热板)。 知名国际大行里昂发布研报，对中国科技行业进行展望，报告称尽管受地缘政治影响，但美国和中国市 场的PC需求均被拉动，推动了PC出货量的增长，并重点推荐了了瑞声科技、中芯国际、联想等这几只 科技股。 联想集团：PC 需求提升，服务器业务利润率提升 里昂预计，2025/2026财年第一财季(4-6月)净利润将较此前预期高出 7%，这主要得益于超大规模 ...

Tape-out指的是芯片设计最终完成、准备进入量产的阶段。 " 我 们 已 决 定 长 期 走 这 条 路 。 2 纳 米 、 A14 、 A16 ， 不 管 之 后 是 哪 个 节 点 ， 联 发 科 都 会 参 与 其 中，"蔡力行说。 其中，A14和A16分别指的是1.4纳米和1.6纳米的制程技术。这三种制程目前均未进入商业量产阶 段，台积电预计将在2025年下半年开始量产2纳米工艺，1.4纳米制程则预计2028年实现。 蔡力行还介绍了公司进军笔记本电脑市场的计划，表示将使用台积电的3纳米制程为谷歌的高端 ChromeBook专业系列制造芯片，并重申了联发科在数据中心领域打造定制化AI加速器的雄心。此 外，联发科还与英伟达合作开发Spark——一款面向个人桌面的AI计算机，预计今年夏天开始出 货。 如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容半导体行业观察综合 ，谢谢 。 据报道，联发科将从今年9月起开始采用台积电最新的2纳米芯片制造技术，并计划未来持续使用 台积电所有后续的先进制程技术，以在AI时代保持竞争力。 联发科CEO蔡力行周二在台北国际电脑展主题演讲中表示，这家全球领先的移动芯片开发 ...

Core Insights - Arm is aggressively entering the personal computer market, aiming for 40% of PCs and tablets to be based on its architecture this year, while already dominating the smartphone market with a 99% share [1][2] - The shift towards AI-powered personal computing presents new opportunities for Arm, especially as Intel reorganizes after falling behind in the AI race [2][6] Market Position and Strategy - Arm currently holds about 25% market share in Chromebooks, with plans to expand further into areas traditionally dominated by Intel, such as Windows laptops [3][8] - The company is leveraging its expertise in power-efficient designs to capitalize on the growing demand for AI applications, particularly in edge computing [3][4] Technological Advancements - Arm is focusing on AI inference at the edge, which enhances privacy, reduces costs, and improves performance by processing workloads on devices rather than in the cloud [4][5] - The integration of AI tools into Windows by Microsoft is seen as a catalyst for Arm to challenge the x86 architecture, which has been the standard for PCs for decades [6][7] Future Projections - Projections suggest that 70% of PCs will incorporate AI acceleration or be AI Copilot PCs, prompting Arm to prepare for this demand with new AI libraries [7][10] - As enterprises consider their next PC purchases, there is an increasing emphasis on AI-enabled devices to meet future workload requirements [10] Partnerships and Industry Dynamics - Arm is forming partnerships with PC manufacturers and chip designers, such as MediaTek, to enhance its presence in the market [8] - The company's historical ties with Apple and Nvidia highlight its significant role in the tech industry, despite challenges faced during Nvidia's attempted acquisition [9]

根据TrendForce集邦咨询最新MLCC研究报告，因企业及终端市场的避险与观望心态与日俱增，2025年 上半年MLCC供需节奏被打乱，下半年"旺季不旺"的风险也随之上升。据该机构调查，OEM、ODM接 连将北美Chromebook与部分消费性笔电订单提前至第一季出货，导致四月开始的传统教育笔电旺季备 货动能意外平淡。以MLCC供应商取得第二季Dell和HP教育笔电预报订单量来看，平均季减20%至 25%。而OEM是否计划将部分第三季北美订单提前至第二季出货，进而影响下半年出货强度，将是观 察重点。 ...

Core Viewpoint - CDW Corporation is expected to report first-quarter 2025 results on May 7, with revenue estimates of $4.89 billion, indicating a 0.4% growth year-over-year, and earnings per share estimated at $1.96, reflecting a 2.08% increase from the previous year [1][2]. Group 1: Upcoming Results Expectations - The Zacks Consensus Estimate for revenues is $4.89 billion, suggesting a 0.4% growth from the year-ago quarter's reported figure [1]. - The consensus estimate for earnings is pegged at $1.96 per share, unchanged in the past 60 days, indicating an increase of 2.08% from the year-ago quarter's reported figure [1]. - CDW's earnings have missed the Zacks Consensus Estimate in three of the last four quarters, with an average negative surprise of 3.1% [2]. Group 2: Factors Influencing Performance - Increasing momentum in cloud and SaaS is likely to have aided CDW's top line, with security and cloud revenues benefiting from customer spending priorities on cost optimization, data protection, and workforce productivity [3]. - Elevated demand for consumer devices, particularly Notebooks and Chromebooks, along with steady growth in software and services, is expected to drive revenue growth, with Notebooks/Mobile Devices revenues estimated at $1,185.9 million, up 3.9% year-over-year [4]. - Revenues from Corporate, Government, and Healthcare sectors are expected to be $2,120.3 million, $512.4 million, and $552.3 million, reflecting declines of 0.7%, 5.7%, and 5.5%, respectively, while Education and Small Business revenues are estimated to increase by 12% and 0.4% to $668.7 million and $382.4 million [5]. Group 3: Risks and Challenges - The company faces risks from a cautious customer approach due to challenges in managing workloads, strengthening security, and upgrading aging client devices, compounded by uncertain macroeconomic conditions [6]. - Slower public spending in federal and education sectors, along with rising uncertainty in the U.K. and Canada, may negatively impact CDW's performance in the upcoming quarter [7]. Group 4: Earnings Prediction Model - The model predicts an earnings beat for CDW, supported by a positive Earnings ESP of +1.02% and a Zacks Rank of 3 (Hold), which increases the likelihood of an earnings beat [8].

证 券 研 究 报 告 联发科（2454.TW）FY2025Q1 业绩点评及法说会纪要 主流&入门市场需求驱动手机业务增长， 25Q1 同环比收入均实现增长 事项： 2025 年 4 月 40 日联发科发布 2025 年 Q1 季度报告（以 TIFRS 为准则），并召 开业绩说明会。 评论： 1. 受 AI&Wifi7 导入&关税提前拉货影响，联发科 25Q1 收入同环比均有所增 长。由于人工智能和 Wi-Fi 7 普及率不断提升带来的结构性提升，以及部分由 于关税不确定性而导致的需求好于预期。25Q1 联发科实现营收 1533 亿新台 币（QoQ +11.1%，YoY +14.9%），营业利润 301 亿新台币（QoQ +40.4%，YoY- 6.6%），净利润 295 亿新台币（QoQ +23.3%，YoY -6.7%），毛利率为 48.1%（环 比下降 0.4pct，同比下降 4.3pct）。 2. 主流&入门市场需求回暖带动手机业务增长，25H2 发布新一代旗舰 SoC 有 望进一步带动份额及 asp 提升。虽旗舰产品需求略有下降，但主流和入门级市 场需求回暖带动联发科 25Q1 手机业务同环比均实现 ...