TSMC (TSM) ended the recent trading session at $229.17, demonstrating a -2.4% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Meanwhile, the Dow lost 0.94%, and the Nasdaq, a tech-heavy index, lost 0.92%. Coming into today, shares of the chip company had gained 14.44% in the past month. In that same time, the Computer and Technology sector gained 7.88%, while the S&P 500 gained 5.22%. Analysts and investors alike will be keeping a close e ...

July 6, 2025 10:11 PM GMT Greater China Semiconductors | Asia Pacific China WFE outlook remains strong in 2H25 and 1H26 We remain positive on China's wafer fab equipment (WFE) market, thanks to better-than-expected logic foundry demand in 2H25 and ongoing share gains driven by localization demand. We expect a robust 2H25 for China WFE: After our Asia Semi trip (Semiconductors: Takeaways from Taiwan/Beijing (30 Jun 2025), European Semiconductors: Our takes from Taiwan (1 Jul 2025)), we now foresee much stron ...

7月7日，特斯拉(TSLA)开盘下跌7.56%，截至21:30，报291.51美元/股，成交34.6亿美元，总市值 9389.41亿美元。 财务数据显示，截至2025年03月31日，特斯拉收入总额193.35亿美元，同比减少9.23%；归母净利润 4.09亿美元，同比减少70.58%。 大事提醒： 特斯拉目前或正计划推出电动汽车,以满足广泛的消费和商用车市场,包括Model 3、Model Y、Model S、 Model X、Cybertruck、Tesla Semi和一款新的Tesla Roadster。结合其动力系统、自动驾驶和全自动驾驶 ("FSD")硬件和神经网络的技术进步,其电动汽车拥有领先里程和充电灵活性等优势;优越的加速、操控和 安全特性;一套独特的方便用户和信息娱乐功能;通过无线更新启用额外功能的能力;以及节省充电、维护 和其他拥有成本。 本文源自：金融界 作者：行情君 7月3日，特斯拉获汇丰银行重申评级Reduce，目标价上调至120美元。 7月23日，特斯拉将于(美东)盘后披露2025财年中报（数据来源于纳斯达克官网，预计披露日期为美国 当地时间，实际披露日期以公司公告为准）。 资料显示 ...

Geneva, Switzerland, July 07, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES), a global leader in Post-Quantum and Quantum-resilient cybersecurity solutions, today announced its Quantum Investment Fund has been increased from $20 million to over $35 million. The increase is aimed at accelerating the convergence of Quantum, Post-Quantum cryptography, edge security, satellite communications, and secure identity infrastructure into a seamless and secure ecosystem for the next digital era. Building a Quan ...

STMicroelectronics Announces Timing for Second Quarter 2025 Earnings Release and Conference Call Geneva – July 3 2025 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release second quarter 2025 earnings before the opening of trading on the European Stock Exchanges on July 24, 2025. The press release will be available immediately after the release on the Company’s website at www.st.com. STMicroelectronic ...

STMicroelectronics Announces Timing for Second Quarter 2025 Earnings Release and Conference Call Geneva – July 3 2025 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced that it will release second quarter 2025 earnings before the opening of trading on the European Stock Exchanges on July 24, 2025. The press release will be available immediately after the release on the Company’s website at www.st.com. STMicroelectronic ...

距前次创业板IPO折戟不足两年，面板"三哥"惠科股份有限公司（以下简称"惠科股份"）再次站到了A股门前，公司本次拟转战深市主板上市。据悉，惠科 股份招股书于6月30日获得受理，公司本次冲A拟募集资金约85亿元，系上半年获受理的第二大IPO项目。两度谋求上市背后，惠科股份融资需求较为迫切。 截至2024年末，公司账上短期、长期借款余额合计超过330亿元，子公司待收购股权等金额合计近130亿元，资产负债率高出同行业可比公司均值近15个百分 点。然而，在高额债务压力之下，公司仍于2024年进行了约2亿元的现金分红。 赶在财报有效期前，惠科股份主板IPO于6月30日晚间获得深交所受理。 据了解，惠科股份成立于2001年，是一家专注于半导体显示领域的中国领先、世界知名的科技公司，主营业务为半导体显示面板等核心显示器件以及智能显 示终端的研发、制造和销售，是全球领先的三家大尺寸液晶面板厂商之一。数据显示，2024年度，公司电视面板出货面积、显示器面板出货面积、智能手机 面板出货面积分别位列全球第三名、第四名、第三名。 作为国内第三大面板企业，惠科股份也系今年上半年获受理的第二大IPO项目，公司本次冲击上市拟募集资金约85 ...

美国当地时间7月2日，特斯拉发布的最新数据显示，今年二季度，特斯拉全球交付量为38.41万辆，较去年同期下降约13.5%。这也是特斯拉连续两个季度出 现交付量同比下滑的情况。 官方数据显示，今年一季度，特斯拉全球汽车交付量约为33.67万辆，环比下降32%，同比下滑13%，创下自2022年第四季度以来的最低交付纪录。 在此基础上，今年1~6月，特斯拉全球交付量约为72.07万辆，低于2024年同期的83.08万辆。 图片来源：特斯拉官网 在销量承压的背景下，特斯拉在全球不同市场的表现，也各有不同。6月25日，欧洲汽车制造商协会发布数据显示，今年5月，欧洲汽车销量同比增长1.9% 至111.3万辆，但同期特斯拉在欧洲地区的新车注册量为1.38万辆，同比下滑28%。 不过，在交付数据发布后，当日特斯拉（NASDAQ：TSLA）股价反而上涨近5%，报收315.65美元/股，市值一夜大涨481亿美元（约合人民币3450亿元）， 总市值为10166.95亿美元。 市场分析认为，这一反常表现主要源于两方面因素：一是，特斯拉二季度实际交付量好于华尔街此前的"更糟糕预期"；二是，近期特斯拉Robotaxi试点项目 启动、首次 ...

Core Viewpoint - The Chinese semiconductor industry has undergone significant development from 2000 to 2021, driven by the collaboration of national, corporate, and financial forces, culminating in a complex landscape shaped by globalization and subsequent challenges from geopolitical tensions [2][57]. Group 1: Historical Development - From 2000 to 2012, the Chinese semiconductor industry entered its "root and sprout" phase, establishing an initial industrial chain [1]. - The year 2014 marked a pivotal moment with the establishment of the National Integrated Circuit Industry Investment Fund, which provided essential financial support for the industry [4][6]. - Between 2014 and 2017, this financial influx accelerated the growth of Chinese semiconductor companies through mergers, acquisitions, and investments, integrating them into the global supply chain [1][5]. Group 2: Financial Forces - The emergence of various financial institutions, such as Zhilu Capital and Wuyuefeng Capital, provided market-oriented investment capabilities, enhancing the ability to acquire overseas semiconductor firms [8][10]. - Notable acquisitions included the purchase of Rui Neng Semiconductor for 800 million RMB, which significantly advanced China's position in the power semiconductor sector [9]. - The establishment of the Zhongguancun Rongxin Industrial Alliance in 2015 facilitated collaboration among various investment institutions, enhancing the success rate of overseas acquisitions [22]. Group 3: Corporate Forces - Major corporations like Unisoc and Changjiang Electronics have expanded their influence through strategic acquisitions, such as Unisoc's purchase of RDA Microelectronics for 910 million USD, enhancing its capabilities in mobile communication chips [13][31]. - The collaboration between large enterprises and national funds has enabled significant mergers, such as Changjiang Electronics' acquisition of STATS ChipPAC for 780 million USD, positioning it among the top semiconductor packaging and testing companies globally [11][13]. - The rapid growth of these companies has contributed to the establishment of a competitive landscape in the semiconductor industry, with firms like Unisoc becoming a leading player in the global market [13][31]. Group 4: Challenges and Adjustments - The period from 2018 to 2020 saw increasing challenges due to U.S. sanctions and trade tensions, which hindered the ability of Chinese companies to pursue overseas acquisitions [39][46]. - The establishment of the second phase of the National Integrated Circuit Industry Investment Fund in 2019 aimed to strengthen domestic capabilities and support key sectors like IC design and AI [47][48]. - By 2021, the focus shifted towards restructuring and preparing for a new phase of development, as the global landscape for semiconductor investments became increasingly restrictive [56][54]. Group 5: Future Outlook - The Chinese semiconductor industry is entering a phase of self-reliance and independence, with a focus on enhancing domestic capabilities and reducing reliance on foreign technology [57]. - The collaboration among national, corporate, and financial forces is expected to continue driving innovation and growth in the sector, despite external pressures [57].

29 June 2025 ab Global Research Equities Americas Semiconductors Timothy Arcuri US Semiconductors and Semi Equipment Section 232 and Export Controls - Takeaways from Call With Former BIS Head Summary Thoughts Following our call with the former Assistant Secretary of Commerce, we believe tariff headlines in the next 4-6 weeks are a bit of a blind spot for many investors. Our expert believes tariffs resulting from Section 232 will come as early as late July or early August with a baseline framework mirroring ...