公司层面，据智通财经，10月15日，海光信息发布A股半导体首份2025年第三季度业绩报告。公司于前 三季度实现营业收入94.9亿元，同比增长54.65%；实现归母净利润19.61亿元，同比增长28.56%。除海 光信息外，今年三季度多家半导体上市公司业绩或迎增长之态势。海外方面，北京时间周三晚间，苹果 公司如期发布自研M系芯片的第五代新品，并在三台设备上首发。 东海证券表示，9月份全球半导体需求持续改善，PC、平板保持小幅增长，TWS耳机、可穿戴腕式设 备、智能家居快速增长，AI服务器与新能源车保持高速增长，需求在9月或将继续复苏；供给端看，尽 管短期供给仍相对充裕，企业库存水位较高，但整体价格仍大多上涨，预计9月供需格局将继续向好。 细分赛道看，9月以苹果、小米、华为为代表的消费电子新品密集释出；存储芯片需求受AI应用以及数 据中心、客户端和移动领域日益增长，美光科技、闪迪等厂商均宣布涨价；目前中美关税政策有一定程 度的缓和，但在部分技术密集型领域（如AI芯片、半导体设备关键零部件等）美国政策仍或保持高 压，短期内外部政策下，部分依赖美国进口的产业成本高升，长期半导体国产化有望继续加速，建议逢 低关注细分板 ...

Core Insights - Apple has launched the new MacBook Pro featuring the M5 processor, emphasizing its performance improvements over previous models [1][5][15] - The M5 processor is built on TSMC's 3nm process technology, showcasing significant advancements in efficiency and performance metrics [5][15] - The new MacBook Pro retains the same design as previous models, with no major changes in aesthetics [10][15] Product Specifications - The M5 processor features a 10-core CPU and a 10-core GPU, with performance metrics showing LLM processing capabilities 6.4 times and 3D rendering capabilities 6.8 times better than the M1 [5][12] - The MacBook Pro offers memory options of 16GB, 24GB, and 32GB, with storage options up to 4TB, starting at a price of 12,999 RMB for the base model [12][13] - The M5 MacBook Pro continues to use the miniLED display technology, with peak brightness of 1600 nits, but lacks significant design updates [10][15] Market Positioning - The M5 MacBook Pro is positioned as the strongest gaming laptop from Apple, despite the high price point, which reflects the costs associated with advanced components [13][15] - Apple is expected to continue leveraging the M5 processor across other products, including the upcoming M5 MacBook Air and Mac mini, indicating a broader strategy for product line enhancement [16][20] - The Vision Pro, also equipped with the M5 processor, is set to offer improved performance and battery life, with pre-orders starting on October 17 [18][24]

如果您希望可以时常见面，欢迎标星收藏哦~ 来源：内容 编译自 tweaktown 。 据报道，苹果公司预计将在本周发布下一代 M5 处理器，并同时带来其他新品消息。消息称，全 新的 M5 芯片将采用台积电 3nm「N3E」工艺节点制造。 根据《工商时报》的最新报道，我们也得知了更多关于苹果自研芯片路线的细节：预计 下一代的 M6 处理器将在 2026 年亮相，并有望成为苹果首批基于2nm 制程的笔电芯片，迈向更先进的工艺 节点。 苹果即将推出的 M5 处理器将与其他笔记本芯片竞争，包括 高通新发布的 Snapdragon 系列 和 联 发科的新一代处理器。不过，不同的是，这些竞争对手的芯片采用的是更高端的 台积电 N3P 工 艺，而 M5 reportedly 仍基于 N3E 制程。 这种选择可能与成本有关。据传，台积电计划提高 3nm 晶圆的报价——无论是 N3E 还是 N3P 工 艺——每片晶圆的价格在 2.5 万至 2.7 万美元之间。因此，苹果的基础版 M5 芯片性能不会如 M5 Pro 和 M5 Max 那样强大——后两者预计要到 2026 年初 才会发布。 外界分析认为，苹果可能出于成本考虑，选择 ...

Group 1 - The core viewpoint indicates that the release of the M5 version of the MacBook Pro is likely to be delayed, as suggested by both external media predictions and analyst Ming-Chi Kuo's report [1][2] - Kuo's report mentions that the MacBook will feature the high-end M5 processor in 2026, and the iPhone 18 will utilize WMCM (wafer-level multi-chip module) technology for its A20 chip packaging [2] - Bloomberg's Mark Gurman reports that Apple is considering postponing the launch of the next-generation MacBook Pro equipped with M5 series chips to 2026, which diminishes the likelihood of seeing a new MacBook Pro by the end of the year [2]