Late at night is good for raids! The Philadelphia Semiconductor Index soars
Jin Qilin analyst research report , authoritative, professional, timely and comprehensive, helping you tap potential theme opportunities! On July 21, the three major U.S. stock indexes opened higher. Dow Jones Industrial Average 0.36%, the S&P 500 index rose 0.52%, and the Nasdaq index rose 0.88%. In terms of sectors, the Philadelphia Semiconductor Index rose by more than . In the storage sector, SanDisk rose more than In addition, Dell, Seagate, Western Digital, etc. increased by more than HBM4 yield improvement strategy Industry news shows that Samsung Electronics, The three major storage giants, SK Hynix and Micron, are all implementing the HBM4 yield improvement strategy. HBM4 is a sixth-generation high-bandwidth memory product that will be used in products such as Vera Rubin, an AI acceleration chip launched by NVIDIA in the second half of the year. Among the three companies, Samsung Electronics was the first to achieve HBM4 is in mass production. As the production line transitions to the mass production stage, the yield rate improvement rate is very impressive. Some people believe that Samsung HBM4 yield rate has increased to about 70%. SK hynix has not yet disclosed the specific yield value of HBM4, but the industry generally believes that its yield rate has entered a stable range. In order to optimize the HBM4 process and expand production capacity, SK hynix plans to introduce new production equipment and is currently negotiating with multiple HBM equipment suppliers for equipment purchase orders in the second half of the year. Micron is smaller than the two Korean storage manufacturers in terms of production capacity. Because of this, Micron is making every effort to speed up yield improvement and expand production capacity. It is reported that Micron has initiated large-scale equipment investment to simultaneously promote yield improvement and production capacity ramp-up. Nvidia concept adds another member U.S. Securities and Exchange Commission ( SEC) disclosure documents show that Nvidia holds 9.3% of the Dutch AI cloud service provider Nebius. After the news came out, Nebius' stock price rose sharply before the market opened on Tuesday, rising by more than 8% after the market opened. Headquartered in Amsterdam, Nebius is Europe's leading AI computing power cloud manufacturer. Benefiting from the explosive demand for AI computing power, Nebius' stock price has increased by nearly 250% in the past 12 months. The market value reached US$46 billion on the morning of the announcement. NVIDIA has previously announced that it will Nebius invested US$2 billion, and the cooperation covers AI infrastructure construction, computing cluster operation and maintenance, inference services, AI factory design and supporting support. Nvidia continues to increase its stake in the world’s leading AI companies. In March this year, it invested US$30 billion in OpenAI's US$110 billion financing, and participated in Anthropic's financing in February, continuing to lay out the core assets of the AI track. JPMorgan warns of market risks CEO Jamie Dimon warned in the latest interview: The current market has significantly underestimated multiple global risks. At the current price, he will not buy the U.S. stock market and long-term U.S. debt. Although he recognizes the resilience of the global economy and the long-term value of AI, he is highly cautious about asset valuations, financial and geopolitical risks. Dimon said that currently, there are ongoing wars between Russia, Ukraine and the Middle East. Against the background of high government deficits, military spending continues to expand, and multiple conflicts are superimposed. However, the market has only partially factored in known risks and cannot predict the impact of sudden black swan events. Small conflicts may not trigger a crisis, but the accumulation of multiple negative effects will trigger a market turning point. In addition, the continued expansion of the U.S. federal budget deficit will eventually trigger a market correction, and bond investors will demand higher interest compensation, pushing up long-term interest rates. Even if inflation falls back to the Fed 2% target, the reasonable yield range of 10-year U.S. Treasury bonds should be 4%-4.5%, and there is currently very little room for upside in U.S. bond prices. Sina statement: This news is reproduced from Sina's cooperative media. Sina publishes this article for the purpose of conveying more information. It does not mean that it agrees with its views or confirms its description. The content of this article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.