华见早安之声 请各位听众升级为见闻最新版APP，以便成功收听以下音频。 黄金暴跌10%，回吐本周所有涨幅、重回4900美元下方。现货白银一度跳水36%、跌至73美元下方，随后反弹，日内仍跌超26%。纽铜回吐昨日全部涨幅， 日内跌5%。原油一度跟随商品下跌，但美伊局势下，原油日内转涨。原油1月涨超14%，六个月来首次月度上涨，创2023年7月以来最好单月表现。 亚洲时段，沪指跌1%，创业板V型反弹涨超1%，算力硬件反弹，黄金、基本金属掀跌停潮，恒指跌2%，科网股普跌。 要闻 中国 中共中央政治局召开会议，中共中央总书记习近平主持会议。 市场概述 特朗普提名沃什出任美联储主席，引爆市场鹰派预期，美国PPI通胀数据意外抬头，美股跌，美元创去年5月以来最大单日涨幅，贵金属暴跌。 绩后苹果涨0.46%；闪迪一度高开21%，收涨近7%。 10年期美债收益率上行1.21个基点，两年期美债收益率跌3个基点。美元涨0.84%，创2025年5月以来最大日涨幅，1月累计跌约1.3%。 比特币一度跌至8.1万美元，随后反弹回升至昨日尾盘价格附近，1月跌约4%，创2019年以来最长月度连跌。 与美启动新一轮经贸磋商？中方回应。 商务部 ...

| SNDK 闪迪 | | | --- | --- | | 539.300 ↑+11.670 +2.21% 收盘价 01/29 16:00 美东 | | | 654.030 * 114.730 +21.27% | 盘前价 01/30 04:04 美东 | | 一 7 24 4 8 | ● 快捷交易 | | 最高价 546.750 开盘价 535.850 | 成交量 2301.03万 | | 最低价 507.240 昨收价 527.630 | 成交额 127.18亿 | | 平均价 552.728 市盈率TM 亏损 | 总市值 787.38亿 (…) | | 振 幅 7.49% 市盈率(静) 亏损 | 总股本 1.46亿 | | 换手率 16.73% 市净率 7.709 | 流通值 741.71亿 | | 52周最高 546.750 委 比 -89.47% | 流通股 1.38亿 | | 52周最低 27.885 量 比 1.17 | 每 手 1股 | | 历史最高 546.750 股息TTM -- | | | 历史最低 27.885 股息率TM -- | | 格隆汇1月30日｜闪迪(SNDK.US)盘前飙升超 ...

Core Viewpoint - The company has developed targeted strategies to address inventory and order risks in response to price fluctuations in the storage industry [1] Group 1: Company Overview - The company’s wholly-owned subsidiary, Shenzhen Dawi Chuangxin Microelectronics Technology Co., Ltd., primarily produces NAND and DRAM storage products [1] Group 2: Strategic Response - The company plans to optimize its product structure through a product mix strategy and implement refined inventory management mechanisms [1] - The company aims to dynamically adjust inventory levels to align with market demand changes, thereby mitigating operational risks associated with price volatility [1]

Core Viewpoint - The company, Dawi Co., has confirmed that its wholly-owned subsidiary, Shenzhen Dawi Chuangxin Microelectronics Technology Co., Ltd., specializes in NAND and DRAM storage products, which have diverse applications across various sectors [1]. Group 1: Company Overview - Dawi Co. operates through its subsidiary, Shenzhen Dawi Chuangxin Microelectronics Technology Co., Ltd. [1] - The main products of the subsidiary include NAND and DRAM storage series [1]. Group 2: Product Applications - The NAND and DRAM products can be applied in personal computers, automotive, IDC, industrial control, medical, rail transportation, and smart electronics [1].

Core Viewpoint - The storage chip manufacturing sector remains a hot area in the stock market for 2025, driven by significant investments in AI infrastructure, although some Wall Street professionals express concerns about a potential market reversal due to the rapid price increases and sustainability of demand [1][5]. Group 1: Market Performance - The storage chip sector was the best-performing segment in the S&P 500 last year, with companies like SanDisk, Western Digital, Seagate, and Micron leading the index [1]. - SanDisk's stock surged 559% in 2025, leading the S&P 500 index, followed by Western Digital, Micron, and Seagate, which also recorded significant gains [1]. - SanDisk's stock rose 16% on the first trading day of the year and continued to increase, accumulating a total gain of 49% over the first four trading days [1]. Group 2: Investment Concerns - Market analysts express skepticism about the sustainability of the recent price increases, questioning whether the current pace of AI-related capital expenditures can be maintained without visible returns [5][6]. - Concerns about potential overbuilding in AI infrastructure could lead to a sell-off if major companies signal a slowdown in spending [7]. - The relative valuation of storage stocks appears low compared to other tech companies, with Micron's expected P/E ratio at 10 and SanDisk's at approximately 20, while the Nasdaq 100 index is around 29 [6]. Group 3: Future Outlook - Analysts remain optimistic about major tech companies like Microsoft, Amazon, Alphabet, and Meta continuing their aggressive capital expenditure plans, which are expected to support demand for storage solutions through 2026 [7]. - The increasing data generated by multi-modal AI is anticipated to drive demand for low-cost storage, benefiting companies like Seagate and Western Digital [7]. - Needham forecasts that Micron's high-bandwidth memory chips will dominate AI memory needs over the next 5-10 years, indicating a positive outlook for related companies [7]. Group 4: Industry Trends - Samsung Electronics reported a record operating profit due to the booming memory market, with a preliminary operating profit of 20 trillion won, a 208% year-over-year increase, driven by surging demand for AI servers [10].

Group 1 - Samsung Electronics, the world's largest memory chip manufacturer, is expected to announce preliminary earnings for Q4 2025 on January 8, with a projected operating profit increase of 160% year-on-year due to severe chip shortages driving up memory chip prices [1] - Analysts predict Samsung will achieve an operating profit of 16.9 trillion KRW (approximately 11.7 billion USD) for the period from October to December, significantly higher than the 6.49 trillion KRW reported in the same period last year [1] - According to Guojin Securities, strong demand from AI is expected to drive memory chip prices higher, with contract prices projected to increase by 30% to 40% in Q1 2026, leading to substantial growth in the industry chain's performance [1] Group 2 - Wanrun Technology's semiconductor memory business is primarily conducted through its subsidiary, Wanrun Semiconductor, which plans to add DRAM business in 2024 to cultivate new growth points [2] - Dawi Co., Ltd. offers a range of semiconductor storage products, including NAND and DRAM, with its wholly-owned subsidiary Dawi Chuangxin producing various DRAM products such as DDR3, DDR4, LPDDR4X, LPDDR5, and DDR5 memory modules [2]

Group 1 - Nvidia's CEO Jensen Huang's comments at CES have reignited bullish sentiment in storage stocks, with Sandisk Corp. (SNDK.US) surging 28%, marking its best single-day performance since February last year [1] - Sandisk's stock has increased over 47% in the first three trading days of 2026 and has risen an astonishing 1080% since hitting a low on April 22 of last year [1] - Other storage companies like Western Digital (WDC.US) and Seagate Technology (STX.US) also recorded double-digit gains, following Sandisk's performance [1] Group 2 - Analyst Jack Silverman noted that the growing demand for AI training and inference, coupled with supply constraints and rising storage chip prices, is driving the strength in digital storage stocks [1] - Huang's statements indicate that demand for NAND storage in Nvidia's systems will remain robust [1] - Samsung Electronics and SK Hynix are reportedly seeking to raise server DRAM prices by 60% to 70% in the first quarter compared to the fourth quarter of last year [1] Group 3 - Bank of America analyst Wamsi Mohan highlighted that Sandisk and other storage companies are seen as core beneficiaries of AI inference and edge AI developments by 2026 [2] - Mohan expects that the demand for storage will "skyrocket" as institutions retain increasing amounts of data for training, analysis, and compliance purposes [2] - The focus of AI investment has primarily been on capital expenditures and driving AI model training, which is expected to lead to the next wave of hardware spending [2]

行情的催化剂来自黄仁勋在国际消费电子展(CES)上的表态。"对于存储而言，这完全是一个尚未被满足 的市场，"他周一表示，"这是一个前所未有的市场，并很可能成为全球最大的存储市场，本质上将承载 全球AI的工作记忆。" 分析师杰克.西尔弗曼指出，在人工智能训练和推理需求不断增长的背景下，供应紧张和存储芯片价格 飙升正推动数字存储类股走强。黄仁勋在CES的言论"表明，在英伟达的系统中，对NAND存储的需求 将保持强劲"。 存储芯片价格持续攀升。本周早些时候，韩国经济日报报道称，三星电子和SK海力士正寻求在第一季 度将服务器DRAM价格较去年第四季度上调60%至70%。 英伟达首席执行官黄仁勋一席话，再度点燃了存储类股的做多热情。周二，Sandisk Corp.(SNDK.US)股 价飙升28%，创下去年2月以来最佳单日表现。该股在2026年前三个交易日内累计暴涨超过47%，自去 年4月22日触及低点以来，涨幅已高达惊人的1080%。当日，该公司成为标普500指数中表现最佳的成分 股，西部数据(WDC.US)和希捷科技(STX.US)等其他存储公司亦录得两位数涨幅，紧随其后。 美国银行分析师瓦姆西.莫汉在1月4日的一 ...

Group 1: Semiconductor Storage Business - The semiconductor storage business contributed revenue of 794 million CNY in the first three quarters of 2025, a significant increase of 28.68% year-on-year, accounting for 90.33% of the company's total revenue [3] - The company is focusing on optimizing product structure and implementing refined inventory management to mitigate risks associated with price fluctuations in the storage industry [4] - The company is actively pursuing LPDDR5 certification and trial production to enhance its high-performance storage chip product offerings [9] Group 2: New Energy Business - The company has completed exploration and is in the process of obtaining mining rights for its lithium project in Hunan, with a mineral resource reserve of 20.9533 million tons of associated lithium-bearing feldspar [7] - The lithium mineral (Li2O) quantity is 32,370 tons with an average grade of 0.154%, which is crucial for supplying the company's lithium carbonate project [7] - The company is advancing its lithium battery project and aims to secure mining permits as soon as possible, with progress dependent on government approvals [6] Group 3: Future Planning and Performance - The company aims to enhance its market value and shareholder returns by focusing on dual business lines: "semiconductor storage + smart terminals" and "new energy + automotive" [8] - The company plans to increase overseas promotion of its automotive products and strengthen operational management and talent efficiency [9] - Investors are encouraged to monitor the company's regular reports for updates on performance and growth [8]

Group 1: Company Developments - Company specializes in PCB production, covering single-sided, double-sided, and multi-layer boards, including high-frequency and high-speed boards, primarily used in communication, industrial control, automotive electronics, and semiconductor packaging [3] - Company has initiated bulk orders for its overseas AI data center power supply projects, with expectations for Delta and other clients to start importing bulk orders in the fourth quarter [3] Group 2: Industry Trends - Potassium carbonate futures have surged past 100,000 yuan, with prices for electrolyte additives like VC rising significantly [4] - The semiconductor industry is experiencing supply shortages, with companies like SMIC reporting a large number of urgent orders [5] - The lithium battery materials industry is actively expanding, with companies like Baichuan and Xianfeng focusing on the lithium battery supply chain and new material development [4][5] Group 3: Market Performance - Companies like Dazhi and Jiumuwang have seen significant stock performance, with multiple trading days of gains, indicating strong market interest [5][6] - The consumer sector is showing signs of growth, with October CPI rising by 0.2%, prompting the Ministry of Finance to continue implementing measures to boost consumption [6]