Vinsa8的个人主页 - 老虎社区

Vinsa8

Vinsa8

暂无个人介绍

IP属地：北京

110关注

38粉丝

2主题

0勋章

07-13 15:37

资金是谁

期权大单 | 英伟达上周五大涨超4%，大额熊市看涨价差现身，资金预期本周难破新高？

07-13 15:36

$NQ100指数主连 2609(NQmain)$ 晚上又跟你大A爸爸？

07-13 08:54

$NQ100指数主连 2609(NQmain)$ 没实力

07-09

$英伟达(NVDA)$ 元神归位？semi个印度刊物机构，要被收拾了

07-08

$Coherent(COHR)$ 美伊战争不影响你的收入和利润呀，一季度财报已经说明一切了

07-08

$英伟达(NVDA)$ 美伊战争对你丝毫不影响呀，345一直在打，影响你的业绩和利润了吗？

07-08

$美光科技(MU)$ 买个SSD记录下美国的罪行，保留千年，罄竹难书，利好存储啊

07-08

$NQ100指数主连 2609(NQmain)$ 继续砸，继续砸啊

07-07

semi当了表字，还要立牌坊

“我们没有看空英伟达”！SemiAnalysis又发小作文：“AI央行”英伟达撬动7万亿债务雪球

07-07

$闪迪(SNDK)$ 三星一个季度赚了吗4000亿rmb啊，这是什么概念

07-02

$特斯拉(TSLA)$ $英伟达(NVDA)$ 大空头又在做空科技，大家看看年线，今年6个月达子暴涨了4％，特斯拉微跌了11％，这么巨大的泡沫！！！

07-02

$苹果(AAPL)$ 涨价的破东西居然还能涨

07-02

赶紧找中国直接买部件，不要从0造轮子

特斯拉(TSLA)反转跌3% 二季度交付数据大幅超预期人形机器人量产节奏不及市场乐观预判

07-02

$特斯拉(TSLA)$ burry个傻鸟，弄死他，老子现在开始做多

06-29

$英伟达(NVDA)$ 价格来到了1月份的价格，半年白玩

06-29

$Coherent(COHR)$ 接着砸

06-29

$COHERENT(COHR)$ 到强支撑位了

06-27

哈哈，互撕，挺好，苹果真丑陋

美光高管怒怼苹果定价模式：芯片成本涨45美元，终端加价250美元

06-26

$英伟达(NVDA)$ 大猩猩敲地球

06-26

$Lumentum Holdings Inc.(LITE)$ 被康宁锤了？

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3486352703133754","uuid":"3486352703133754","gmtCreate":1523258684311,"gmtModify":1581745069757,"name":"Vinsa8","pinyin":"vinsa8","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":38,"headSize":110,"tweetSize":798,"questionSize":0,"limitLevel":900,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":2,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":71,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLinkType":null,"redirectLink":null,"redirectLinkValidityFrom":null,"redirectLinkValidityTo":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.01","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001,"isScarce":0,"effectConfig":null,"effectEnabled":0,"plateImgUrl":null,"plateColors":null,"validityTo":null,"validityToTimestamp":null,"wearingSort":0}],"userBadgeCount":1,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":"北京","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":9,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":585314321260544,"gmtCreate":1783928256841,"gmtModify":1783929627176,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"资金是谁","listText":"资金是谁","text":"资金是谁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/585314321260544","repostId":"1137188544","repostType":2,"repost":{"id":"1137188544","kind":"news","weMediaInfo":{"introduction":"值得关注的期权大单","home_visible":1,"media_name":"期权大单","id":"1080924423","head_image":"https://static.tigerbbs.com/165a4ccff157a147c5c40d359f9dc408"},"pubTimestamp":1783925473,"share":"https://www.laohu8.com/m/news/1137188544?lang=zh_CN&edition=full","pubTime":"2026-07-13 14:51","market":"us","language":"zh","title":"期权大单 | 英伟达上周五大涨超4%，大额熊市看涨价差现身，资金预期本周难破新高？","url":"https://stock-news.laohu8.com/highlight/detail?id=1137188544","media":"期权大单","summary":"美股期权市场总成交量达6097.54万张，看涨期权占比61%。英伟达隔夜涨超4%，期权成交549.87万张，其中7月10日到期、行权价210美元的看涨期权成交近88万张，成为当日最活跃合约。特斯拉机器人量产预期升温，410美元看涨期权成交逾41万张；Meta隔夜涨近6%，670美元看涨期权成交超过7万张。","content":"<html><head></head><body><blockquote><p style=\"text-align: left;\">上周五，期权市场总成交量6097.54万张合约，高于90日均量；英伟达当日成交549.87万张，看涨期权占比71.9%；特斯拉当日成交345.06万张，看涨期权占比63.5%，隐含波动率达54.95%&gt;&gt;</p></blockquote><h3 style=\"text-align: left;\">一、市场概览</h3><p style=\"text-align: left;\">周一（7月13日），美股三大指数集体收涨，道指涨0.29%，纳指涨0.29%，标普500指数涨0.42%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/85084501534d5ec558d6b7f1fa4306d9\" data-align=\"center\" tg-width=\"1132\" tg-height=\"532\"/><span></span></p><p style=\"text-align: left;\">期权市场总成交量6097.54万张合约，高于90日均量（6408.62万张合约），其中看涨期权占比61%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c7cb656d5d4db1e875b1a5ef729f41d7\" data-align=\"center\" tg-width=\"2724\" tg-height=\"656\"/><span></span></p><h3 style=\"text-align: left;\">二、期权成交总量TOP10</h3><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b050c841de660563cdbd186290413eb1\" data-align=\"center\" tg-width=\"1320\" tg-height=\"2284\"/><span></span></p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/NVDA\">英伟达</a>隔夜涨超4%，</strong>期权合约成交549.87万张。其中，看涨期权成交395.51万张，占比约71.9%，7月10日到期、行权价210美元的看涨期权交易最为活跃，共成交879,761张合约。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b7109efa7741265ef4d6c990669e957\" data-align=\"center\" tg-width=\"1800\" tg-height=\"422\"/><span></span></p><p style=\"text-align: left;\">消息方面：人工智能搜索公司Perplexity确认计划采用英伟达新推出的Vera中央处理器，英伟达正借此进一步拓展GPU以外的计算芯片市场。公司预计Vera CPU在本财年结束前可带来约200亿美元销售额，目前OpenAI、Anthropic及甲骨文也已计划采用相关产品。</p><p style=\"text-align: left;\">一笔规模达520.80万美元的熊市看涨价差则体现了相反方向的压制性布局，交易者卖出2026-07-17到期的210.0 CALL共9958张，并买入同到期的215.0 CALL共9958张，整体属于净收款型组合。以当前股价210.96美元衡量，卖出的210.0 CALL处于实值附近，买入的215.0 CALL则为虚值，这是一种典型的上方封顶式看空/收租策略。其策略意图并非激进押注大跌，而更像是判断NVDA后续上行空间有限，股价在到期前难以有效突破更高区间，因此通过卖出近价CALL收取权利金，并用更高行权价CALL控制极端风险，反映出偏空且偏震荡的交易预期。</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>隔夜涨0.3%，</strong>期权合约成交345.06万张。看涨期权成交219.24万张，占比约63.5%。7月10日到期、行权价410美元的看涨期权交易量特别高，共有413,016张合约成交。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2a3490538c7da2ad2169fdc184d0db0f\" data-align=\"center\" tg-width=\"1796\" tg-height=\"424\"/><span></span></p><p style=\"text-align: justify;\">消息方面：据多位特斯拉供应链人士透露，公司近期已向供应商下发擎天柱（Optimus）机器人零部件采购指引，要求供应商在今年9月前将产能提升至每周1000台，并在年底进一步提高至每周2000至2500台。接近供应商的人士表示，特斯拉通常会提前约两个月下达订单，部分供应商已收到8月数百台零部件的具体订单。</p><p style=\"text-align: left;\">按照这一产能安排估算，相关供应商到年底或将具备每年供应约10万套Optimus零部件的能力。报道还称，马斯克已在6月底的一次高管会议上评审并通过Optimus最新版本，意味着Gen 3版本正从研发测试阶段转向量产准备。量产节奏加快的预期带动资金继续交易特斯拉机器人业务，近到期看涨期权成交明显活跃。</p><h3 style=\"text-align: left;\">三、异动观察</h3><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ddf6d8a54828bc95fa010edf7fec9c42\" data-align=\"center\" tg-width=\"1182\" tg-height=\"650\"/><span></span></p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a>隔夜涨近6%，</strong>期权合约成交163.09万张。其中，看涨期权成交109.68万张，占比67.2%。7月10日到期、行权价670美元的看涨期权交易量特别高，共有72,952张合约成交。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9610939da0b9c256e7ca6c370d27aa8e\" data-align=\"center\" tg-width=\"1786\" tg-height=\"424\"/><span></span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>期权大单 | 英伟达上周五大涨超4%，大额熊市看涨价差现身，资金预期本周难破新高？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n期权大单 | 英伟达上周五大涨超4%，大额熊市看涨价差现身，资金预期本周难破新高？\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1080924423\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/165a4ccff157a147c5c40d359f9dc408);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">期权大单 </p>\n<p class=\"h-time\">2026-07-13 14:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p style=\"text-align: left;\">上周五，期权市场总成交量6097.54万张合约，高于90日均量；英伟达当日成交549.87万张，看涨期权占比71.9%；特斯拉当日成交345.06万张，看涨期权占比63.5%，隐含波动率达54.95%&gt;&gt;</p></blockquote><h3 style=\"text-align: left;\">一、市场概览</h3><p style=\"text-align: left;\">周一（7月13日），美股三大指数集体收涨，道指涨0.29%，纳指涨0.29%，标普500指数涨0.42%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/85084501534d5ec558d6b7f1fa4306d9\" data-align=\"center\" tg-width=\"1132\" tg-height=\"532\"/><span></span></p><p style=\"text-align: left;\">期权市场总成交量6097.54万张合约，高于90日均量（6408.62万张合约），其中看涨期权占比61%。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/c7cb656d5d4db1e875b1a5ef729f41d7\" data-align=\"center\" tg-width=\"2724\" tg-height=\"656\"/><span></span></p><h3 style=\"text-align: left;\">二、期权成交总量TOP10</h3><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b050c841de660563cdbd186290413eb1\" data-align=\"center\" tg-width=\"1320\" tg-height=\"2284\"/><span></span></p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/NVDA\">英伟达</a>隔夜涨超4%，</strong>期权合约成交549.87万张。其中，看涨期权成交395.51万张，占比约71.9%，7月10日到期、行权价210美元的看涨期权交易最为活跃，共成交879,761张合约。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b7109efa7741265ef4d6c990669e957\" data-align=\"center\" tg-width=\"1800\" tg-height=\"422\"/><span></span></p><p style=\"text-align: left;\">消息方面：人工智能搜索公司Perplexity确认计划采用英伟达新推出的Vera中央处理器，英伟达正借此进一步拓展GPU以外的计算芯片市场。公司预计Vera CPU在本财年结束前可带来约200亿美元销售额，目前OpenAI、Anthropic及甲骨文也已计划采用相关产品。</p><p style=\"text-align: left;\">一笔规模达520.80万美元的熊市看涨价差则体现了相反方向的压制性布局，交易者卖出2026-07-17到期的210.0 CALL共9958张，并买入同到期的215.0 CALL共9958张，整体属于净收款型组合。以当前股价210.96美元衡量，卖出的210.0 CALL处于实值附近，买入的215.0 CALL则为虚值，这是一种典型的上方封顶式看空/收租策略。其策略意图并非激进押注大跌，而更像是判断NVDA后续上行空间有限，股价在到期前难以有效突破更高区间，因此通过卖出近价CALL收取权利金，并用更高行权价CALL控制极端风险，反映出偏空且偏震荡的交易预期。</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>隔夜涨0.3%，</strong>期权合约成交345.06万张。看涨期权成交219.24万张，占比约63.5%。7月10日到期、行权价410美元的看涨期权交易量特别高，共有413,016张合约成交。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2a3490538c7da2ad2169fdc184d0db0f\" data-align=\"center\" tg-width=\"1796\" tg-height=\"424\"/><span></span></p><p style=\"text-align: justify;\">消息方面：据多位特斯拉供应链人士透露，公司近期已向供应商下发擎天柱（Optimus）机器人零部件采购指引，要求供应商在今年9月前将产能提升至每周1000台，并在年底进一步提高至每周2000至2500台。接近供应商的人士表示，特斯拉通常会提前约两个月下达订单，部分供应商已收到8月数百台零部件的具体订单。</p><p style=\"text-align: left;\">按照这一产能安排估算，相关供应商到年底或将具备每年供应约10万套Optimus零部件的能力。报道还称，马斯克已在6月底的一次高管会议上评审并通过Optimus最新版本，意味着Gen 3版本正从研发测试阶段转向量产准备。量产节奏加快的预期带动资金继续交易特斯拉机器人业务，近到期看涨期权成交明显活跃。</p><h3 style=\"text-align: left;\">三、异动观察</h3><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ddf6d8a54828bc95fa010edf7fec9c42\" data-align=\"center\" tg-width=\"1182\" tg-height=\"650\"/><span></span></p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a>隔夜涨近6%，</strong>期权合约成交163.09万张。其中，看涨期权成交109.68万张，占比67.2%。7月10日到期、行权价670美元的看涨期权交易量特别高，共有72,952张合约成交。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9610939da0b9c256e7ca6c370d27aa8e\" data-align=\"center\" tg-width=\"1786\" tg-height=\"424\"/><span></span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d8fb95e65f042f352c6313989391357","relate_stocks":{},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137188544","content_text":"上周五，期权市场总成交量6097.54万张合约，高于90日均量；英伟达当日成交549.87万张，看涨期权占比71.9%；特斯拉当日成交345.06万张，看涨期权占比63.5%，隐含波动率达54.95%>>一、市场概览周一（7月13日），美股三大指数集体收涨，道指涨0.29%，纳指涨0.29%，标普500指数涨0.42%。期权市场总成交量6097.54万张合约，高于90日均量（6408.62万张合约），其中看涨期权占比61%。二、期权成交总量TOP10英伟达隔夜涨超4%，期权合约成交549.87万张。其中，看涨期权成交395.51万张，占比约71.9%，7月10日到期、行权价210美元的看涨期权交易最为活跃，共成交879,761张合约。消息方面：人工智能搜索公司Perplexity确认计划采用英伟达新推出的Vera中央处理器，英伟达正借此进一步拓展GPU以外的计算芯片市场。公司预计Vera CPU在本财年结束前可带来约200亿美元销售额，目前OpenAI、Anthropic及甲骨文也已计划采用相关产品。一笔规模达520.80万美元的熊市看涨价差则体现了相反方向的压制性布局，交易者卖出2026-07-17到期的210.0 CALL共9958张，并买入同到期的215.0 CALL共9958张，整体属于净收款型组合。以当前股价210.96美元衡量，卖出的210.0 CALL处于实值附近，买入的215.0 CALL则为虚值，这是一种典型的上方封顶式看空/收租策略。其策略意图并非激进押注大跌，而更像是判断NVDA后续上行空间有限，股价在到期前难以有效突破更高区间，因此通过卖出近价CALL收取权利金，并用更高行权价CALL控制极端风险，反映出偏空且偏震荡的交易预期。特斯拉隔夜涨0.3%，期权合约成交345.06万张。看涨期权成交219.24万张，占比约63.5%。7月10日到期、行权价410美元的看涨期权交易量特别高，共有413,016张合约成交。消息方面：据多位特斯拉供应链人士透露，公司近期已向供应商下发擎天柱（Optimus）机器人零部件采购指引，要求供应商在今年9月前将产能提升至每周1000台，并在年底进一步提高至每周2000至2500台。接近供应商的人士表示，特斯拉通常会提前约两个月下达订单，部分供应商已收到8月数百台零部件的具体订单。按照这一产能安排估算，相关供应商到年底或将具备每年供应约10万套Optimus零部件的能力。报道还称，马斯克已在6月底的一次高管会议上评审并通过Optimus最新版本，意味着Gen 3版本正从研发测试阶段转向量产准备。量产节奏加快的预期带动资金继续交易特斯拉机器人业务，近到期看涨期权成交明显活跃。三、异动观察Meta Platforms, Inc.隔夜涨近6%，期权合约成交163.09万张。其中，看涨期权成交109.68万张，占比67.2%。7月10日到期、行权价670美元的看涨期权交易量特别高，共有72,952张合约成交。","news_type":1,"symbols_score_info":{"TSL":0.6,"NVII":0.6,"TSII":0.6,"TSLL":0.6,"TSYY":0.6,"TSLP":0.6,"NVDB":0.6,"NVDO":0.6,"TLA":0.6,"FBL":0.6,"07388":0.6,"TSLG":0.6,"TSLR":0.6,"07788":0.6,"NVDS":0.6,"TSLS":0.6,"TSLT":0.6,"NVDQ":0.6,"DIPS":0.6,"NVDA":2.1,"TSLY":0.6,"TSDD":0.6,"TSLO":0.6,"TSLI":0.6,"07766":0.6,"NVDG":0.6,"TSLW":0.6,"NVDU":0.6,"TSLZ":0.6,"09366":0.6,"NVDX":0.6,"NVYY":0.6,"TEST":0.6,"TSLA":2.1,"METD":0.6,"ANV":0.6,"NVDW":0.6,"FBYY":0.6,"METW":0.6,"NVDD":0.6,"NVDL":0.6,"META":2.1,"CRSH":0.6,"FBY":0.6,"TSLQ":0.6,"NVDY":0.6,"TESL":0.6,"METU":0.6,"07366":0.6,"NVD":0.6,"09766":0.6}},"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":585305049362728,"gmtCreate":1783928168520,"gmtModify":1783929624057,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2609(NQmain)$&nbsp;</a> 晚上又跟你大A爸爸？","listText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2609(NQmain)$&nbsp;</a> 晚上又跟你大A爸爸？","text":"$NQ100指数主连 2609(NQmain)$ 晚上又跟你大A爸爸？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/585305049362728","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":585206241576048,"gmtCreate":1783904057278,"gmtModify":1783905264893,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2609(NQmain)$&nbsp;</a> 没实力","listText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2609(NQmain)$&nbsp;</a> 没实力","text":"$NQ100指数主连 2609(NQmain)$ 没实力","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/585206241576048","isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":583671427347480,"gmtCreate":1783529342873,"gmtModify":1783529730734,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 元神归位？semi个印度刊物机构，要被收拾了","listText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 元神归位？semi个印度刊物机构，要被收拾了","text":"$英伟达(NVDA)$ 元神归位？semi个印度刊物机构，要被收拾了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/583671427347480","isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":583643683341352,"gmtCreate":1783522570137,"gmtModify":1783524119321,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/COHR\">$Coherent(COHR)$&nbsp;</a> 美伊战争不影响你的收入和利润呀，一季度财报已经说明一切了","listText":"<a href=\"https://laohu8.com/S/COHR\">$Coherent(COHR)$&nbsp;</a> 美伊战争不影响你的收入和利润呀，一季度财报已经说明一切了","text":"$Coherent(COHR)$ 美伊战争不影响你的收入和利润呀，一季度财报已经说明一切了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/583643683341352","isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":583643146600480,"gmtCreate":1783522515904,"gmtModify":1783524119242,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 美伊战争对你丝毫不影响呀，345一直在打，影响你的业绩和利润了吗？","listText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 美伊战争对你丝毫不影响呀，345一直在打，影响你的业绩和利润了吗？","text":"$英伟达(NVDA)$ 美伊战争对你丝毫不影响呀，345一直在打，影响你的业绩和利润了吗？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":2,"link":"https://laohu8.com/post/583643146600480","isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":583642255689080,"gmtCreate":1783522291932,"gmtModify":1783524120195,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/MU\">$美光科技(MU)$&nbsp;</a> 买个SSD记录下美国的罪行，保留千年，罄竹难书，利好存储啊","listText":"<a href=\"https://laohu8.com/S/MU\">$美光科技(MU)$&nbsp;</a> 买个SSD记录下美国的罪行，保留千年，罄竹难书，利好存储啊","text":"$美光科技(MU)$ 买个SSD记录下美国的罪行，保留千年，罄竹难书，利好存储啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/583642255689080","isVote":1,"tweetType":1,"viewCount":1116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":583616417515056,"gmtCreate":1783515987518,"gmtModify":1783516151857,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2609(NQmain)$&nbsp;</a> 继续砸，继续砸啊","listText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2609(NQmain)$&nbsp;</a> 继续砸，继续砸啊","text":"$NQ100指数主连 2609(NQmain)$ 继续砸，继续砸啊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/583616417515056","isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":583224583733616,"gmtCreate":1783420243604,"gmtModify":1783420471978,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"semi当了表字，还要立牌坊","listText":"semi当了表字，还要立牌坊","text":"semi当了表字，还要立牌坊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/583224583733616","repostId":"2649602081","repostType":2,"repost":{"id":"2649602081","kind":"highlight","weMediaInfo":{"introduction":"追踪全球财经热点，精选影响您财富的资讯，投资理财必备神器！","home_visible":1,"media_name":"华尔街见闻","id":"1084101182","head_image":"https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e"},"pubTimestamp":1783415617,"share":"https://www.laohu8.com/m/news/2649602081?lang=zh_CN&edition=full","pubTime":"2026-07-07 17:13","market":"us","language":"zh","title":"“我们没有看空英伟达”！SemiAnalysis又发小作文：“AI央行”英伟达撬动7万亿债务雪球","url":"https://stock-news.laohu8.com/highlight/detail?id=2649602081","media":"华尔街见闻","summary":"昨天刚爆料英伟达“Kyber机架”项目延迟，今天SemiAnalysis又甩出重磅预测：2029年AI债务将突破7万亿美元。英伟达正以自己“AA级”信用为这笔天量融资兜底，化身“AI央行”。而这家被网友质疑“发完看空报告就发ETF”的机构回应：“我们没有看空英伟达，只是在捕捉技术细节。”——争议越大，关注越大。","content":"<html><head></head><body><p style=\"text-align: left;\">7月6日，知名半导体研究机构SemiAnalysis在X平台连发六条推文，爆料<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>Kyber NVL144机架因PCB中板制造难题延迟超12个月。亚洲AI硬件供应链应声大跌。</p><p style=\"text-align: left;\">英伟达随后回应称“路线图未变”，但未披露具体进度细节。</p><p style=\"text-align: left;\">争议未平。7月7日，SemiAnalysis又甩出一份付费长文，将“矛头”对准英伟达。但这一次他不再扮演“看空者”角色。</p><p style=\"text-align: left;\">SemiAnalysi预计：<strong>到2029年，全球AI债务融资规模将突破7万亿美元。7万亿美元是什么概念？它将仅次于美国住房抵押贷款市场（约13万亿美元），</strong>成为全球第二大资产支持债务市场。</p><p style=\"text-align: left;\">英伟达在其中的角色是什么？SemiAnalysi披露了英伟达一项战略布局——<strong>“后盾计划”（backstop）。英伟达正用自己的AA/Aa2投资级信用评级，为AI算力租赁商提供最低收入保证，以此撬动银行放贷。换句话说，英伟达正在充当整个AI生态的最终贷款人和保险商，把大量销售记在账上同时把下游需求不足的风险部分扛在自己身上。</strong>SemiAnalysis将英伟达比作 <strong>“AI领域的中央银行” 。</strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91001fdd3e6ad3b4ff1c05782d393b0e\" data-align=\"center\" tg-width=\"827\" tg-height=\"245\"/><span></span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">对于X平台上围绕SemiAnalysis是否“看空英伟达”的讨论。该机构说：</p><blockquote><p style=\"text-align: left;\"><strong>自己没有发布关于英伟达股票的正面或负面观点，只是在准确捕捉供应链和技术细节，市场可以自行交易。</strong></p></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7305a726372e80f378ff9971d349418\" data-align=\"center\" tg-width=\"599\" tg-height=\"359\"/><span></span></p><h2 style=\"text-align: left;\">AI债务雪球：2029年破7万亿，直逼美国房贷市场</h2><p style=\"text-align: left;\">SemiAnalysis认为，AI基础设施建设正在形成一个数万亿美元级别的信贷市场。到2029年，AI相关未偿债务可能达到约7.1万亿美元，规模将超过除美国按揭融资市场之外的其他美国资产支持债务市场。</p><p style=\"text-align: left;\"><strong>这部分债务主要来自两类资本开支。一类是AI IT资本开支，包括GPU、网络、存储和配套CPU；另一类是AI数据中心资本开支，包括承载这些GPU所需的机房、电力和制冷等基础设施。</strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c8dcdeecba2f817ca08947045f7b3fc\" data-align=\"center\" tg-width=\"779\" tg-height=\"429\"/><span></span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">过去，Google、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>、<a href=\"https://laohu8.com/S/META\">Meta</a>、Microsoft、Oracle等云巨头主要依靠自身现金流建设AI集群。但过去一年，Oracle、Meta，甚至Google开始更多使用债务。随着项目规模继续扩大，市场约束不再只是能否拿到GPU，也不是单纯能否找到机房，而是能否借到足够便宜、足够长期的钱。</p><p style=\"text-align: left;\">SemiAnalysis给出的结论是，AI资本开支的融资方式正在改变。云巨头资产负债表并非无限，如果所有AI集群都依赖少数投资级云厂商背书，新增项目迟早会遇到信用瓶颈。</p><h2 style=\"text-align: left;\">“三位一体”困局：资本、客户和数据中心缺一不可</h2><p style=\"text-align: left;\">SemiAnalysis将AI项目融资拆解为“三位一体”：资本、包销合同和数据中心。</p><p style=\"text-align: left;\">第一是资本。贷款人通常需要看到投资级云厂商的长期take-or-pay合同，或类似信用担保，才愿意放款。换言之，贷款人真正看重的不是Neocloud本身信用，而是背后客户的信用。</p><p style=\"text-align: left;\">第二是包销。Neocloud要拿到客户，往往需要先证明自己能够支付GPU订金并锁定设备。但要拿到股权资金，又需要先证明自己有客户和贷款。这使项目在早期很容易陷入循环。</p><p style=\"text-align: left;\">第三是数据中心。Neocloud要么拿着客户合同和融资去说服数据中心运营商出租容量，要么自己建设数据中心。后者资金压力更大，周期也更长。</p><p style=\"text-align: left;\">这套模式使市场被锁在“5年期、云巨头背书”的模板里。问题是，<strong>许多VC支持的AI初创公司和推理服务商需要的是短周期、大规模算力，而不是5年长期合同。推理服务商尤其不愿承担长期价格和需求风险，很多情况下宁愿放弃算力，也不愿签超过1年的租约。</strong></p><h2 style=\"text-align: left;\">“AI央行”英伟达：用AA级信用撬动整个市场</h2><p style=\"text-align: left;\"><strong>英伟达提出“后盾计划”，切入这个融资缺口。</strong></p><p style=\"text-align: left;\">据SemiAnalysis，英伟达向Neocloud提供GPU租赁收入兜底。如果第三方客户需求不足，英伟达承诺按预设价格购买算力；如果Neocloud以更高价格出租算力，英伟达则分享一部分超额收入。</p><p style=\"text-align: left;\">这类安排通常为6年期，按事先约定的价格曲线，对底层GPU容量提供最低收入保证。Neocloud仍可把算力租给任何客户，也可以提供更灵活的租期。只有当市场需求不足、无法按市场价格出租时，才会触发英伟达兜底。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ccc5e161a0ba93d48704dfb9fd932bb0\" data-align=\"center\" tg-width=\"767\" tg-height=\"489\"/><span></span></p><p style=\"text-align: left;\"><strong>这就是“AI央行”比喻的来源。英伟达并非真的发行货币，而是在AI算力信用体系中扮演类似最后买方和信用背书人的角色。贷款人可以基于英伟达AA/Aa2级别信用来评估项目最差情景，从而更愿意放款。</strong></p><p style=\"text-align: left;\">对英伟达而言，这有助于扩大GPU买方基础。如果市场只能依赖少数超大云厂商签5年包销合同，GPU需求很快会撞上融资约束；而这些云厂商还在用自研芯片对冲英伟达系统。扶持Neocloud和更多企业客户，等于为GPU需求打开新的融资通道。</p><h2 style=\"text-align: left;\">“兜底计划”结构拆解：英伟达赚多少，NeoCloud赚多少</h2><p style=\"text-align: left;\">SemiAnalysis强调，Neocloud不是免费使用英伟达信用。兜底结构下，<strong>Neocloud要牺牲一部分上行收益，以换取项目可融资性。</strong></p><p style=\"text-align: left;\">在一个示例价格曲线中，6年平均兜底价格为每GPU每小时2.36美元。假设GB300第一年1年期租赁价格为每小时6.75美元，第一年兜底价为每小时3.68美元，客户价格与兜底价之间的差额为3.07美元。若英伟达拿走超出兜底价部分的40%，英伟达获得1.23美元，Neocloud获得1.84美元，Neocloud第一年实际收入为每小时5.52美元，低于无兜底时的6.75美元。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/647f8c012fe4faafa5830da891a9ec8b\" data-align=\"center\" tg-width=\"785\" tg-height=\"384\"/><span></span></p><p style=\"text-align: left;\"><strong>六年下来，在这一情景中，英伟达平均抽成约18%。Neocloud的项目IRR也会下降。有英伟达兜底且以1年期短租为主的情景下，项目IRR为25.4%；如果没有兜底但仍能顺利融资并出租，IRR可达40.7%。</strong></p><p style=\"text-align: left;\">关键在最差情景。如果需求不足，Neocloud只能把算力租给英伟达，项目回报可能接近零，甚至略为负数。贷款人并不要求最差情况下项目赚钱，只要求最差情况下仍能还债。也正因此，债务能否成立，最终越来越取决于英伟达兜底是否可靠。</p><p style=\"text-align: left;\">这也是投资者应关注的核心：英伟达的安排短期有助于推动GPU销售和Neocloud扩张，但如果算力需求低于预期，收入缺口将由英伟达承接。债务未必直接记在英伟达账上，但融资模型的安全垫正在向英伟达信用集中。</p><h2 style=\"text-align: left;\">GPU融资定价，本质上看谁在背书</h2><p style=\"text-align: left;\">SemiAnalysis称，目前GPU融资市场的定价，主要不是看Neocloud自身信用，而是看谁签了长期包销合同。</p><p style=\"text-align: left;\"><a href=\"https://laohu8.com/S/CRWV\">CoreWeave</a>是一个参照。其5年期无担保债券收益率约10%；但由Meta背书的85亿美元DDTL 4.0延迟提款定期贷款中，固定利率部分成本约5.9%，只比Meta 5年期债券收益率约5.0%高90个基点。这个90个基点，大致体现了市场给CoreWeave执行风险的定价。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87070f82f896f12e537b70fa4d67ffec\" data-align=\"center\" tg-width=\"771\" tg-height=\"590\"/><span></span></p><p style=\"text-align: left;\">如果Neocloud脱离长期云厂商包销，融资成本会明显升高。对头部Neocloud来说，无担保融资可能需要支付约10%的利率，比有背书融资高约4个百分点。在70%至80%的贷款价值比下，融资成本从5.62%升至10%，税前利润率会从14.8%降至5.4%。</p><p style=\"text-align: left;\">英伟达兜底会把定价放在两者之间：高于当前云厂商背书交易约5.9%的总收益率，低于CoreWeave无担保债券约10%的收益率。银行最看重的是偿债覆盖率DSCR。对于有英伟达兜底的项目，贷款规模通常按兜底被触发的情景测算，前几年DSCR至少要达到1.3倍，对应贷款价值比通常为70%至80%。</p><h2 style=\"text-align: left;\">公开项目在<a href=\"https://laohu8.com/S/002540\">亚太</a>放大，兜底模式开始落地</h2><p style=\"text-align: left;\">目前已公开的英伟达兜底项目集中在<a href=\"https://laohu8.com/S/002284\">亚太</a>。</p><p style=\"text-align: left;\">第一个是澳大利亚SharonAI的72MW AI工厂。该项目于2026年6月公布，计划在6年期兜底下扩展至最多4万颗GB300。SharonAI披露的总兜底价值为48.8亿美元，折算六年平均底价约为每GPU每小时2.33美元。</p><p style=\"text-align: left;\">另一个是Firmus在印尼巴淡岛的360MW AI集群，可能位于DayOne在Kabil Industrial Tech Park的设施中。该项目于2026年6月29日公布，显示英伟达兜底正在进入更大规模。</p><p style=\"text-align: left;\">Firmus预计该项目六年客户收入为250亿至300亿美元，目标客户包括AI原生公司、企业客户和推理服务商，并提供不同租期。不过，在部署GPU前，Firmus仍需确定数据中心提供方，或继续自建。</p><p style=\"text-align: left;\">SemiAnalysis还指出，英伟达并非唯一使用兜底安排的GPU厂商。<a href=\"https://laohu8.com/S/AMD\">AMD</a>去年已经向AWS、OCI、DigitalOcean、Vultr、Tensorwave、Crusoe等客户提供过类似安排：客户购买更多AMD GPU，如果Neocloud无法完全出售容量，AMD愿意以长期合同形式租回一部分，用于内部软件开发。</p><h2 style=\"text-align: left;\">SemiAnalysis否认看空，但市场对其信号更加敏感</h2><p style=\"text-align: left;\">这篇文章发布之际，SemiAnalysis本身也处在争议中。</p><p style=\"text-align: left;\">7月6日上午，SemiAnalysis曾在X平台发布连续推文，称英伟达Kyber NVL144机架架构遭遇重大延迟，推迟超过12个月至2028年。该消息在盘前引发关注，并导致日本、韩国及中国台湾地区多只AI硬件供应链股票下跌。英伟达随后回应称，其产品路线图并未改变，否认核心进度受影响。</p><p style=\"text-align: left;\">这使SemiAnalysis的后续文章更容易被市场解读为看空或看多英伟达。对此，SemiAnalysis在X回应称，<strong>自己没有发布关于英伟达股票的正面或负面观点，只是分享公司供应链和技术细节。</strong></p><p style=\"text-align: left;\">Crackerjack Finance则反驳了“看空”解读，称SemiAnalysis图表显示下半年实际数据比市场预期高20%，并据此推导出下一年每股收益约15美元，股价应在300至400美元。THE Grand Poobah则评论称，“三方循环融资似乎已经不够了”，指向市场对融资结构复杂化的担忧。</p><p style=\"text-align: left;\">问题在于，AI相关资产已历经多年上涨，估值与预期均处高位。任何供应链风险信号或融资结构变化，都会被迅速放大。SemiAnalysis的澄清可以说明其并未直接给出股票观点，但在Kyber NVL144风波之后，其供应链爆料的市场影响力与公信力争议将继续并存。</p><p style=\"text-align: left;\">对投资者而言，这次“长文”的真正含义是：AI竞争已经不只是“谁有GPU”，而是“谁能把GPU、债务、客户合同和数据中心同时拼起来”。<strong>英伟达的兜底机制可能继续放大GPU需求，也可能让AI债务周期的尾部压力更多集中到英伟达自身信用上。</strong></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>“我们没有看空英伟达”！SemiAnalysis又发小作文：“AI央行”英伟达撬动7万亿债务雪球</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n“我们没有看空英伟达”！SemiAnalysis又发小作文：“AI央行”英伟达撬动7万亿债务雪球\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2026-07-07 17:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: left;\">7月6日，知名半导体研究机构SemiAnalysis在X平台连发六条推文，爆料<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>Kyber NVL144机架因PCB中板制造难题延迟超12个月。亚洲AI硬件供应链应声大跌。</p><p style=\"text-align: left;\">英伟达随后回应称“路线图未变”，但未披露具体进度细节。</p><p style=\"text-align: left;\">争议未平。7月7日，SemiAnalysis又甩出一份付费长文，将“矛头”对准英伟达。但这一次他不再扮演“看空者”角色。</p><p style=\"text-align: left;\">SemiAnalysi预计：<strong>到2029年，全球AI债务融资规模将突破7万亿美元。7万亿美元是什么概念？它将仅次于美国住房抵押贷款市场（约13万亿美元），</strong>成为全球第二大资产支持债务市场。</p><p style=\"text-align: left;\">英伟达在其中的角色是什么？SemiAnalysi披露了英伟达一项战略布局——<strong>“后盾计划”（backstop）。英伟达正用自己的AA/Aa2投资级信用评级，为AI算力租赁商提供最低收入保证，以此撬动银行放贷。换句话说，英伟达正在充当整个AI生态的最终贷款人和保险商，把大量销售记在账上同时把下游需求不足的风险部分扛在自己身上。</strong>SemiAnalysis将英伟达比作 <strong>“AI领域的中央银行” 。</strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/91001fdd3e6ad3b4ff1c05782d393b0e\" data-align=\"center\" tg-width=\"827\" tg-height=\"245\"/><span></span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">对于X平台上围绕SemiAnalysis是否“看空英伟达”的讨论。该机构说：</p><blockquote><p style=\"text-align: left;\"><strong>自己没有发布关于英伟达股票的正面或负面观点，只是在准确捕捉供应链和技术细节，市场可以自行交易。</strong></p></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d7305a726372e80f378ff9971d349418\" data-align=\"center\" tg-width=\"599\" tg-height=\"359\"/><span></span></p><h2 style=\"text-align: left;\">AI债务雪球：2029年破7万亿，直逼美国房贷市场</h2><p style=\"text-align: left;\">SemiAnalysis认为，AI基础设施建设正在形成一个数万亿美元级别的信贷市场。到2029年，AI相关未偿债务可能达到约7.1万亿美元，规模将超过除美国按揭融资市场之外的其他美国资产支持债务市场。</p><p style=\"text-align: left;\"><strong>这部分债务主要来自两类资本开支。一类是AI IT资本开支，包括GPU、网络、存储和配套CPU；另一类是AI数据中心资本开支，包括承载这些GPU所需的机房、电力和制冷等基础设施。</strong></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c8dcdeecba2f817ca08947045f7b3fc\" data-align=\"center\" tg-width=\"779\" tg-height=\"429\"/><span></span></p><p style=\"text-align: left;\"></p><p style=\"text-align: left;\">过去，Google、<a href=\"https://laohu8.com/S/AMZN\">Amazon</a>、<a href=\"https://laohu8.com/S/META\">Meta</a>、Microsoft、Oracle等云巨头主要依靠自身现金流建设AI集群。但过去一年，Oracle、Meta，甚至Google开始更多使用债务。随着项目规模继续扩大，市场约束不再只是能否拿到GPU，也不是单纯能否找到机房，而是能否借到足够便宜、足够长期的钱。</p><p style=\"text-align: left;\">SemiAnalysis给出的结论是，AI资本开支的融资方式正在改变。云巨头资产负债表并非无限，如果所有AI集群都依赖少数投资级云厂商背书，新增项目迟早会遇到信用瓶颈。</p><h2 style=\"text-align: left;\">“三位一体”困局：资本、客户和数据中心缺一不可</h2><p style=\"text-align: left;\">SemiAnalysis将AI项目融资拆解为“三位一体”：资本、包销合同和数据中心。</p><p style=\"text-align: left;\">第一是资本。贷款人通常需要看到投资级云厂商的长期take-or-pay合同，或类似信用担保，才愿意放款。换言之，贷款人真正看重的不是Neocloud本身信用，而是背后客户的信用。</p><p style=\"text-align: left;\">第二是包销。Neocloud要拿到客户，往往需要先证明自己能够支付GPU订金并锁定设备。但要拿到股权资金，又需要先证明自己有客户和贷款。这使项目在早期很容易陷入循环。</p><p style=\"text-align: left;\">第三是数据中心。Neocloud要么拿着客户合同和融资去说服数据中心运营商出租容量，要么自己建设数据中心。后者资金压力更大，周期也更长。</p><p style=\"text-align: left;\">这套模式使市场被锁在“5年期、云巨头背书”的模板里。问题是，<strong>许多VC支持的AI初创公司和推理服务商需要的是短周期、大规模算力，而不是5年长期合同。推理服务商尤其不愿承担长期价格和需求风险，很多情况下宁愿放弃算力，也不愿签超过1年的租约。</strong></p><h2 style=\"text-align: left;\">“AI央行”英伟达：用AA级信用撬动整个市场</h2><p style=\"text-align: left;\"><strong>英伟达提出“后盾计划”，切入这个融资缺口。</strong></p><p style=\"text-align: left;\">据SemiAnalysis，英伟达向Neocloud提供GPU租赁收入兜底。如果第三方客户需求不足，英伟达承诺按预设价格购买算力；如果Neocloud以更高价格出租算力，英伟达则分享一部分超额收入。</p><p style=\"text-align: left;\">这类安排通常为6年期，按事先约定的价格曲线，对底层GPU容量提供最低收入保证。Neocloud仍可把算力租给任何客户，也可以提供更灵活的租期。只有当市场需求不足、无法按市场价格出租时，才会触发英伟达兜底。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ccc5e161a0ba93d48704dfb9fd932bb0\" data-align=\"center\" tg-width=\"767\" tg-height=\"489\"/><span></span></p><p style=\"text-align: left;\"><strong>这就是“AI央行”比喻的来源。英伟达并非真的发行货币，而是在AI算力信用体系中扮演类似最后买方和信用背书人的角色。贷款人可以基于英伟达AA/Aa2级别信用来评估项目最差情景，从而更愿意放款。</strong></p><p style=\"text-align: left;\">对英伟达而言，这有助于扩大GPU买方基础。如果市场只能依赖少数超大云厂商签5年包销合同，GPU需求很快会撞上融资约束；而这些云厂商还在用自研芯片对冲英伟达系统。扶持Neocloud和更多企业客户，等于为GPU需求打开新的融资通道。</p><h2 style=\"text-align: left;\">“兜底计划”结构拆解：英伟达赚多少，NeoCloud赚多少</h2><p style=\"text-align: left;\">SemiAnalysis强调，Neocloud不是免费使用英伟达信用。兜底结构下，<strong>Neocloud要牺牲一部分上行收益，以换取项目可融资性。</strong></p><p style=\"text-align: left;\">在一个示例价格曲线中，6年平均兜底价格为每GPU每小时2.36美元。假设GB300第一年1年期租赁价格为每小时6.75美元，第一年兜底价为每小时3.68美元，客户价格与兜底价之间的差额为3.07美元。若英伟达拿走超出兜底价部分的40%，英伟达获得1.23美元，Neocloud获得1.84美元，Neocloud第一年实际收入为每小时5.52美元，低于无兜底时的6.75美元。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/647f8c012fe4faafa5830da891a9ec8b\" data-align=\"center\" tg-width=\"785\" tg-height=\"384\"/><span></span></p><p style=\"text-align: left;\"><strong>六年下来，在这一情景中，英伟达平均抽成约18%。Neocloud的项目IRR也会下降。有英伟达兜底且以1年期短租为主的情景下，项目IRR为25.4%；如果没有兜底但仍能顺利融资并出租，IRR可达40.7%。</strong></p><p style=\"text-align: left;\">关键在最差情景。如果需求不足，Neocloud只能把算力租给英伟达，项目回报可能接近零，甚至略为负数。贷款人并不要求最差情况下项目赚钱，只要求最差情况下仍能还债。也正因此，债务能否成立，最终越来越取决于英伟达兜底是否可靠。</p><p style=\"text-align: left;\">这也是投资者应关注的核心：英伟达的安排短期有助于推动GPU销售和Neocloud扩张，但如果算力需求低于预期，收入缺口将由英伟达承接。债务未必直接记在英伟达账上，但融资模型的安全垫正在向英伟达信用集中。</p><h2 style=\"text-align: left;\">GPU融资定价，本质上看谁在背书</h2><p style=\"text-align: left;\">SemiAnalysis称，目前GPU融资市场的定价，主要不是看Neocloud自身信用，而是看谁签了长期包销合同。</p><p style=\"text-align: left;\"><a href=\"https://laohu8.com/S/CRWV\">CoreWeave</a>是一个参照。其5年期无担保债券收益率约10%；但由Meta背书的85亿美元DDTL 4.0延迟提款定期贷款中，固定利率部分成本约5.9%，只比Meta 5年期债券收益率约5.0%高90个基点。这个90个基点，大致体现了市场给CoreWeave执行风险的定价。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87070f82f896f12e537b70fa4d67ffec\" data-align=\"center\" tg-width=\"771\" tg-height=\"590\"/><span></span></p><p style=\"text-align: left;\">如果Neocloud脱离长期云厂商包销，融资成本会明显升高。对头部Neocloud来说，无担保融资可能需要支付约10%的利率，比有背书融资高约4个百分点。在70%至80%的贷款价值比下，融资成本从5.62%升至10%，税前利润率会从14.8%降至5.4%。</p><p style=\"text-align: left;\">英伟达兜底会把定价放在两者之间：高于当前云厂商背书交易约5.9%的总收益率，低于CoreWeave无担保债券约10%的收益率。银行最看重的是偿债覆盖率DSCR。对于有英伟达兜底的项目，贷款规模通常按兜底被触发的情景测算，前几年DSCR至少要达到1.3倍，对应贷款价值比通常为70%至80%。</p><h2 style=\"text-align: left;\">公开项目在<a href=\"https://laohu8.com/S/002540\">亚太</a>放大，兜底模式开始落地</h2><p style=\"text-align: left;\">目前已公开的英伟达兜底项目集中在<a href=\"https://laohu8.com/S/002284\">亚太</a>。</p><p style=\"text-align: left;\">第一个是澳大利亚SharonAI的72MW AI工厂。该项目于2026年6月公布，计划在6年期兜底下扩展至最多4万颗GB300。SharonAI披露的总兜底价值为48.8亿美元，折算六年平均底价约为每GPU每小时2.33美元。</p><p style=\"text-align: left;\">另一个是Firmus在印尼巴淡岛的360MW AI集群，可能位于DayOne在Kabil Industrial Tech Park的设施中。该项目于2026年6月29日公布，显示英伟达兜底正在进入更大规模。</p><p style=\"text-align: left;\">Firmus预计该项目六年客户收入为250亿至300亿美元，目标客户包括AI原生公司、企业客户和推理服务商，并提供不同租期。不过，在部署GPU前，Firmus仍需确定数据中心提供方，或继续自建。</p><p style=\"text-align: left;\">SemiAnalysis还指出，英伟达并非唯一使用兜底安排的GPU厂商。<a href=\"https://laohu8.com/S/AMD\">AMD</a>去年已经向AWS、OCI、DigitalOcean、Vultr、Tensorwave、Crusoe等客户提供过类似安排：客户购买更多AMD GPU，如果Neocloud无法完全出售容量，AMD愿意以长期合同形式租回一部分，用于内部软件开发。</p><h2 style=\"text-align: left;\">SemiAnalysis否认看空，但市场对其信号更加敏感</h2><p style=\"text-align: left;\">这篇文章发布之际，SemiAnalysis本身也处在争议中。</p><p style=\"text-align: left;\">7月6日上午，SemiAnalysis曾在X平台发布连续推文，称英伟达Kyber NVL144机架架构遭遇重大延迟，推迟超过12个月至2028年。该消息在盘前引发关注，并导致日本、韩国及中国台湾地区多只AI硬件供应链股票下跌。英伟达随后回应称，其产品路线图并未改变，否认核心进度受影响。</p><p style=\"text-align: left;\">这使SemiAnalysis的后续文章更容易被市场解读为看空或看多英伟达。对此，SemiAnalysis在X回应称，<strong>自己没有发布关于英伟达股票的正面或负面观点，只是分享公司供应链和技术细节。</strong></p><p style=\"text-align: left;\">Crackerjack Finance则反驳了“看空”解读，称SemiAnalysis图表显示下半年实际数据比市场预期高20%，并据此推导出下一年每股收益约15美元，股价应在300至400美元。THE Grand Poobah则评论称，“三方循环融资似乎已经不够了”，指向市场对融资结构复杂化的担忧。</p><p style=\"text-align: left;\">问题在于，AI相关资产已历经多年上涨，估值与预期均处高位。任何供应链风险信号或融资结构变化，都会被迅速放大。SemiAnalysis的澄清可以说明其并未直接给出股票观点，但在Kyber NVL144风波之后，其供应链爆料的市场影响力与公信力争议将继续并存。</p><p style=\"text-align: left;\">对投资者而言，这次“长文”的真正含义是：AI竞争已经不只是“谁有GPU”，而是“谁能把GPU、债务、客户合同和数据中心同时拼起来”。<strong>英伟达的兜底机制可能继续放大GPU需求，也可能让AI债务周期的尾部压力更多集中到英伟达自身信用上。</strong></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9d5cb96d291609174f46c3a4f8f55c4f","relate_stocks":{"SNPE":"Xtrackers S&P 500 Scored & Screened ETF","NVD":"2倍做空NVDA ETF-GraniteShares","ANV":"GraniteShares Autocallable NVDA ETF","XLK":"高科技指数ETF-SPDR","TRFK":"PACER DATA AND DIGITAL REVOLUTION ETF","ROM":"ProShares Ultra Technology","WISE":"THEMES GENERATIVE ARTIFICIAL INTELLIGENCE ETF","NVDY":"NVDA期权收益策略ETF-YieldMax","SMH":"半导体指数ETF-HOLDRs","OND":"ProShares On-Demand ETF","SPTE":"SP FUNDS S&P GLOBAL TECHNOLOGY ETF","NVDO":"2倍上限加速NVDA ETF-Leverage Shares","ARTY":"ISHARES FUTURE AI & TECH ETF","NVYY":"GraniteShares YieldBOOST NVDA ETF","NVDX":"2倍做多NVDA ETF-T-Rex","SOXX":"iShares费城交易所半导体ETF","FAI":"First Trust Bloomberg Artificial Intelligence ETF","VT":"世界全股市ETF-Vanguard","AIFD":"TCW Artificial Intelligence ETF","07388":"XI二南英伟","WTAI":"WisdomTree Artificial Intelligence and Innovation Fund","AIPO":"Defiance AI and Power Infrastructure ETF","VTHR":"Vanguard Russell 3000 ETF","NVDW":"NVDA周配息ETF-Roundhill","EFIV":"SPDR S&P 500 ESG ETF","SOXY":"YieldMax Target 12 Semiconductor Option Income ETF","MAGY":"Roundhill Magnificent Seven Covered Call ETF","SMHX":"VanEck Fabless Semiconductor ETF","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","NVDU":"2倍做多NVDA ETF-Direxion","YMAG":"YieldMax Magnificent 7 Fund of Option Income ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","TYLG":"GLOBAL X INFORMATION TECHNOLOGY COVERED CALL & GROWTH ETF","AGIX":"通用人工智能 ETF-AGIX","NVDS":"1.5倍做空NVDA ETF-Tradr","PTF":"Invesco Dorsey Wright Technology Momentum ETF","07788":"南方两倍做多英伟达","NVDA":"英伟达","VERS":"PROSHARES METAVERSE ETF","NVDQ":"2倍做空NVDA ETF-T-Rex","SHOC":"Strive U.S. Semiconductor ETF","NVDL":"2倍做多NVDA ETF-GraniteShares","FTEC":"Fidelity MSCI Information Techno","QTOC":"Innovator Growth Accelerated Plus ETF - October","AGOX":"Adaptive Alpha Opportunities ETF","NVDG":"2倍做多NVDA ETF- Leverage Shares","DIPS":"做空NVDA期权收益策略ETF-YieldMax","NVDD":"1倍做空NVDA ETF-Direxion","VGT":"信息技术ETF-Vanguard","AIPI":"REX AI EQUITY PREMIUM INCOME ETF","BULZ":"MicroSectors FANG & Innovation 3X Leveraged ETN","SOXQ":"Invesco PHLX Semiconductor ETF","FDTX":"Fidelity Disruptive Technology ETF","NVDB":"ProShares Ultra NVDA ETF","ESUM":"EVENTIDE US MARKET ETF","NVII":"Rex NVDA Growth & Income ETF"},"source_url":"https://wallstreetcn.com/articles/3776368","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2649602081","content_text":"7月6日，知名半导体研究机构SemiAnalysis在X平台连发六条推文，爆料英伟达Kyber NVL144机架因PCB中板制造难题延迟超12个月。亚洲AI硬件供应链应声大跌。英伟达随后回应称“路线图未变”，但未披露具体进度细节。争议未平。7月7日，SemiAnalysis又甩出一份付费长文，将“矛头”对准英伟达。但这一次他不再扮演“看空者”角色。SemiAnalysi预计：到2029年，全球AI债务融资规模将突破7万亿美元。7万亿美元是什么概念？它将仅次于美国住房抵押贷款市场（约13万亿美元），成为全球第二大资产支持债务市场。英伟达在其中的角色是什么？SemiAnalysi披露了英伟达一项战略布局——“后盾计划”（backstop）。英伟达正用自己的AA/Aa2投资级信用评级，为AI算力租赁商提供最低收入保证，以此撬动银行放贷。换句话说，英伟达正在充当整个AI生态的最终贷款人和保险商，把大量销售记在账上同时把下游需求不足的风险部分扛在自己身上。SemiAnalysis将英伟达比作 “AI领域的中央银行” 。对于X平台上围绕SemiAnalysis是否“看空英伟达”的讨论。该机构说：自己没有发布关于英伟达股票的正面或负面观点，只是在准确捕捉供应链和技术细节，市场可以自行交易。AI债务雪球：2029年破7万亿，直逼美国房贷市场SemiAnalysis认为，AI基础设施建设正在形成一个数万亿美元级别的信贷市场。到2029年，AI相关未偿债务可能达到约7.1万亿美元，规模将超过除美国按揭融资市场之外的其他美国资产支持债务市场。这部分债务主要来自两类资本开支。一类是AI IT资本开支，包括GPU、网络、存储和配套CPU；另一类是AI数据中心资本开支，包括承载这些GPU所需的机房、电力和制冷等基础设施。过去，Google、Amazon、Meta、Microsoft、Oracle等云巨头主要依靠自身现金流建设AI集群。但过去一年，Oracle、Meta，甚至Google开始更多使用债务。随着项目规模继续扩大，市场约束不再只是能否拿到GPU，也不是单纯能否找到机房，而是能否借到足够便宜、足够长期的钱。SemiAnalysis给出的结论是，AI资本开支的融资方式正在改变。云巨头资产负债表并非无限，如果所有AI集群都依赖少数投资级云厂商背书，新增项目迟早会遇到信用瓶颈。“三位一体”困局：资本、客户和数据中心缺一不可SemiAnalysis将AI项目融资拆解为“三位一体”：资本、包销合同和数据中心。第一是资本。贷款人通常需要看到投资级云厂商的长期take-or-pay合同，或类似信用担保，才愿意放款。换言之，贷款人真正看重的不是Neocloud本身信用，而是背后客户的信用。第二是包销。Neocloud要拿到客户，往往需要先证明自己能够支付GPU订金并锁定设备。但要拿到股权资金，又需要先证明自己有客户和贷款。这使项目在早期很容易陷入循环。第三是数据中心。Neocloud要么拿着客户合同和融资去说服数据中心运营商出租容量，要么自己建设数据中心。后者资金压力更大，周期也更长。这套模式使市场被锁在“5年期、云巨头背书”的模板里。问题是，许多VC支持的AI初创公司和推理服务商需要的是短周期、大规模算力，而不是5年长期合同。推理服务商尤其不愿承担长期价格和需求风险，很多情况下宁愿放弃算力，也不愿签超过1年的租约。“AI央行”英伟达：用AA级信用撬动整个市场英伟达提出“后盾计划”，切入这个融资缺口。据SemiAnalysis，英伟达向Neocloud提供GPU租赁收入兜底。如果第三方客户需求不足，英伟达承诺按预设价格购买算力；如果Neocloud以更高价格出租算力，英伟达则分享一部分超额收入。这类安排通常为6年期，按事先约定的价格曲线，对底层GPU容量提供最低收入保证。Neocloud仍可把算力租给任何客户，也可以提供更灵活的租期。只有当市场需求不足、无法按市场价格出租时，才会触发英伟达兜底。这就是“AI央行”比喻的来源。英伟达并非真的发行货币，而是在AI算力信用体系中扮演类似最后买方和信用背书人的角色。贷款人可以基于英伟达AA/Aa2级别信用来评估项目最差情景，从而更愿意放款。对英伟达而言，这有助于扩大GPU买方基础。如果市场只能依赖少数超大云厂商签5年包销合同，GPU需求很快会撞上融资约束；而这些云厂商还在用自研芯片对冲英伟达系统。扶持Neocloud和更多企业客户，等于为GPU需求打开新的融资通道。“兜底计划”结构拆解：英伟达赚多少，NeoCloud赚多少SemiAnalysis强调，Neocloud不是免费使用英伟达信用。兜底结构下，Neocloud要牺牲一部分上行收益，以换取项目可融资性。在一个示例价格曲线中，6年平均兜底价格为每GPU每小时2.36美元。假设GB300第一年1年期租赁价格为每小时6.75美元，第一年兜底价为每小时3.68美元，客户价格与兜底价之间的差额为3.07美元。若英伟达拿走超出兜底价部分的40%，英伟达获得1.23美元，Neocloud获得1.84美元，Neocloud第一年实际收入为每小时5.52美元，低于无兜底时的6.75美元。六年下来，在这一情景中，英伟达平均抽成约18%。Neocloud的项目IRR也会下降。有英伟达兜底且以1年期短租为主的情景下，项目IRR为25.4%；如果没有兜底但仍能顺利融资并出租，IRR可达40.7%。关键在最差情景。如果需求不足，Neocloud只能把算力租给英伟达，项目回报可能接近零，甚至略为负数。贷款人并不要求最差情况下项目赚钱，只要求最差情况下仍能还债。也正因此，债务能否成立，最终越来越取决于英伟达兜底是否可靠。这也是投资者应关注的核心：英伟达的安排短期有助于推动GPU销售和Neocloud扩张，但如果算力需求低于预期，收入缺口将由英伟达承接。债务未必直接记在英伟达账上，但融资模型的安全垫正在向英伟达信用集中。GPU融资定价，本质上看谁在背书SemiAnalysis称，目前GPU融资市场的定价，主要不是看Neocloud自身信用，而是看谁签了长期包销合同。CoreWeave是一个参照。其5年期无担保债券收益率约10%；但由Meta背书的85亿美元DDTL 4.0延迟提款定期贷款中，固定利率部分成本约5.9%，只比Meta 5年期债券收益率约5.0%高90个基点。这个90个基点，大致体现了市场给CoreWeave执行风险的定价。如果Neocloud脱离长期云厂商包销，融资成本会明显升高。对头部Neocloud来说，无担保融资可能需要支付约10%的利率，比有背书融资高约4个百分点。在70%至80%的贷款价值比下，融资成本从5.62%升至10%，税前利润率会从14.8%降至5.4%。英伟达兜底会把定价放在两者之间：高于当前云厂商背书交易约5.9%的总收益率，低于CoreWeave无担保债券约10%的收益率。银行最看重的是偿债覆盖率DSCR。对于有英伟达兜底的项目，贷款规模通常按兜底被触发的情景测算，前几年DSCR至少要达到1.3倍，对应贷款价值比通常为70%至80%。公开项目在亚太放大，兜底模式开始落地目前已公开的英伟达兜底项目集中在亚太。第一个是澳大利亚SharonAI的72MW AI工厂。该项目于2026年6月公布，计划在6年期兜底下扩展至最多4万颗GB300。SharonAI披露的总兜底价值为48.8亿美元，折算六年平均底价约为每GPU每小时2.33美元。另一个是Firmus在印尼巴淡岛的360MW AI集群，可能位于DayOne在Kabil Industrial Tech Park的设施中。该项目于2026年6月29日公布，显示英伟达兜底正在进入更大规模。Firmus预计该项目六年客户收入为250亿至300亿美元，目标客户包括AI原生公司、企业客户和推理服务商，并提供不同租期。不过，在部署GPU前，Firmus仍需确定数据中心提供方，或继续自建。SemiAnalysis还指出，英伟达并非唯一使用兜底安排的GPU厂商。AMD去年已经向AWS、OCI、DigitalOcean、Vultr、Tensorwave、Crusoe等客户提供过类似安排：客户购买更多AMD GPU，如果Neocloud无法完全出售容量，AMD愿意以长期合同形式租回一部分，用于内部软件开发。SemiAnalysis否认看空，但市场对其信号更加敏感这篇文章发布之际，SemiAnalysis本身也处在争议中。7月6日上午，SemiAnalysis曾在X平台发布连续推文，称英伟达Kyber NVL144机架架构遭遇重大延迟，推迟超过12个月至2028年。该消息在盘前引发关注，并导致日本、韩国及中国台湾地区多只AI硬件供应链股票下跌。英伟达随后回应称，其产品路线图并未改变，否认核心进度受影响。这使SemiAnalysis的后续文章更容易被市场解读为看空或看多英伟达。对此，SemiAnalysis在X回应称，自己没有发布关于英伟达股票的正面或负面观点，只是分享公司供应链和技术细节。Crackerjack Finance则反驳了“看空”解读，称SemiAnalysis图表显示下半年实际数据比市场预期高20%，并据此推导出下一年每股收益约15美元，股价应在300至400美元。THE Grand Poobah则评论称，“三方循环融资似乎已经不够了”，指向市场对融资结构复杂化的担忧。问题在于，AI相关资产已历经多年上涨，估值与预期均处高位。任何供应链风险信号或融资结构变化，都会被迅速放大。SemiAnalysis的澄清可以说明其并未直接给出股票观点，但在Kyber NVL144风波之后，其供应链爆料的市场影响力与公信力争议将继续并存。对投资者而言，这次“长文”的真正含义是：AI竞争已经不只是“谁有GPU”，而是“谁能把GPU、债务、客户合同和数据中心同时拼起来”。英伟达的兜底机制可能继续放大GPU需求，也可能让AI债务周期的尾部压力更多集中到英伟达自身信用上。","news_type":1,"symbols_score_info":{"AGOX":0.6,"AIPI":0.6,"YMAG":1.5,"NVDQ":0.6,"ESUM":0.6,"ROM":0.6,"QTOC":1.5,"SOXX":0.6,"WISE":0.6,"NVDX":0.6,"SNPE":0.6,"OND":1.5,"ARTY":1.5,"07388":0.6,"EFIV":0.6,"PTF":1.5,"NVD":0.6,"NVII":0.6,"SPTE":0.6,"FAI":0.6,"NVDY":0.6,"07788":0.6,"NVDO":0.6,"SOXY":0.6,"BULZ":1.5,"VT":0.6,"NVDB":0.6,"SMH":0.6,"AIFD":0.6,"MAGY":1.5,"NVDD":0.6,"WTAI":1.5,"XLK":0.6,"VGT":0.6,"NVDG":0.6,"SOXQ":0.6,"NVDW":0.6,"NVYY":0.6,"DIPS":0.6,"AIPO":1.5,"SMHX":0.6,"SHOC":0.6,"ANV":0.6,"CHAT":1.5,"NVDL":0.6,"NVDA":2,"NVDS":0.6,"VTHR":1.5,"NVDU":0.6,"VERS":1.5,"LFGY":0.6,"TYLG":0.6,"AGIX":1.5,"FDTX":0.6,"FTEC":0.6,"TRFK":0.6}},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":583074683380280,"gmtCreate":1783383732156,"gmtModify":1783385011295,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/SNDK\">$闪迪(SNDK)$ </a> 三星一个季度赚了吗4000亿rmb啊，这是什么概念","listText":"<a href=\"https://laohu8.com/S/SNDK\">$闪迪(SNDK)$ </a> 三星一个季度赚了吗4000亿rmb啊，这是什么概念","text":"$闪迪(SNDK)$ 三星一个季度赚了吗4000亿rmb啊，这是什么概念","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/583074683380280","isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":581528812134664,"gmtCreate":1783006234176,"gmtModify":1783006477577,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a> <a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a>&nbsp;大空头又在做空科技，大家看看年线，今年6个月达子暴涨了4％，特斯拉微跌了11％，这么巨大的泡沫！！！","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a> <a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a>&nbsp;大空头又在做空科技，大家看看年线，今年6个月达子暴涨了4％，特斯拉微跌了11％，这么巨大的泡沫！！！","text":"$特斯拉(TSLA)$ $英伟达(NVDA)$ 大空头又在做空科技，大家看看年线，今年6个月达子暴涨了4％，特斯拉微跌了11％，这么巨大的泡沫！！！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/581528812134664","isVote":1,"tweetType":1,"viewCount":12098,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":581524133614232,"gmtCreate":1783005095117,"gmtModify":1783005536130,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$&nbsp;</a> 涨价的破东西居然还能涨","listText":"<a href=\"https://laohu8.com/S/AAPL\">$苹果(AAPL)$&nbsp;</a> 涨价的破东西居然还能涨","text":"$苹果(AAPL)$ 涨价的破东西居然还能涨","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/581524133614232","isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":581515757200424,"gmtCreate":1783003056919,"gmtModify":1783003440305,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"赶紧找中国直接买部件，不要从0造轮子","listText":"赶紧找中国直接买部件，不要从0造轮子","text":"赶紧找中国直接买部件，不要从0造轮子","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/581515757200424","repostId":"2648685394","repostType":2,"repost":{"id":"2648685394","kind":"highlight","weMediaInfo":{"introduction":"「金吾财讯」以精准用户需求为切入点，打造一站式港美股投资细分领域品牌。依托战略合作伙伴凤凰网财经，将港美股内容传播到全球华人圈。","home_visible":1,"media_name":"金吾财讯","id":"1086022552","head_image":"https://static.tigerbbs.com/19a93586c3b023ec6ebfed568990555c"},"pubTimestamp":1783001425,"share":"https://www.laohu8.com/m/news/2648685394?lang=zh_CN&edition=full","pubTime":"2026-07-02 22:10","market":"sg","language":"zh","title":"特斯拉(TSLA)反转跌3% 二季度交付数据大幅超预期 人形机器人量产节奏不及市场乐观预判","url":"https://stock-news.laohu8.com/highlight/detail?id=2648685394","media":"金吾财讯","summary":"金吾财讯 | 特斯拉盘中股价反转，盘前阶段涨幅一度突破2%，盘中转而下行，最新报412.1美元，跌幅3.12%。周三特斯拉 CEO 埃隆马斯克在社交平台发布自身于加州弗里蒙特工厂 Optimus 人形机器人产线的合照，引发市场对机器人规模化量产进度的热议。不少市场参与者观察到企业近期减少 Optimus 对外公开演示，据此推测量产落地速度快于行业预判。","content":"<html><body><p>金吾财讯 | <a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>盘中股价反转，盘前阶段涨幅一度突破2%，盘中转而下行，最新报412.1美元，跌幅3.12%。消息面上，公司二季度全球整车交付总量 480126 台，对比分析师平均预期 396466 台，超出幅度超 21%，交付规模同比提升 25%。销量增长核心依靠主力走量车型 Model 3、Model Y 支撑，两款车型合计交付 467762 台，同比同样上涨 25%，较市场预估 380699 台高出 22.87%，乘用车终端需求具备较强韧性。周三特斯拉 CEO 埃隆・马斯克在社交平台发布自身于加州弗里蒙特工厂 Optimus 人形机器人产线的合照，引发市场对机器人规模化量产进度的热议。不少市场参与者观察到企业近期减少 Optimus 对外公开演示，据此推测量产落地速度快于行业预判。针对相关乐观猜想，马斯克作出公开回应，Optimus 量产初期爬坡速度将十分缓慢，整机零部件、全套生产工艺均为全新自研，制造逻辑和成熟整车生产线存在显著差异，难以复刻汽车快速大规模量产模式，短期产能释放存在硬性约束。弗里蒙特工厂原本用于 Model S、Model X 旗舰车型生产，原有产线完成改造后成为企业首条人形机器人专属制造基地，现阶段仅开展整机装配、调试及小批量试产，是机器人业务落地的核心载体。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>特斯拉(TSLA)反转跌3% 二季度交付数据大幅超预期 人形机器人量产节奏不及市场乐观预判</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n特斯拉(TSLA)反转跌3% 二季度交付数据大幅超预期 人形机器人量产节奏不及市场乐观预判\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086022552\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/19a93586c3b023ec6ebfed568990555c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">金吾财讯 </p>\n<p class=\"h-time\">2026-07-02 22:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>金吾财讯 | <a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>盘中股价反转，盘前阶段涨幅一度突破2%，盘中转而下行，最新报412.1美元，跌幅3.12%。消息面上，公司二季度全球整车交付总量 480126 台，对比分析师平均预期 396466 台，超出幅度超 21%，交付规模同比提升 25%。销量增长核心依靠主力走量车型 Model 3、Model Y 支撑，两款车型合计交付 467762 台，同比同样上涨 25%，较市场预估 380699 台高出 22.87%，乘用车终端需求具备较强韧性。周三特斯拉 CEO 埃隆・马斯克在社交平台发布自身于加州弗里蒙特工厂 Optimus 人形机器人产线的合照，引发市场对机器人规模化量产进度的热议。不少市场参与者观察到企业近期减少 Optimus 对外公开演示，据此推测量产落地速度快于行业预判。针对相关乐观猜想，马斯克作出公开回应，Optimus 量产初期爬坡速度将十分缓慢，整机零部件、全套生产工艺均为全新自研，制造逻辑和成熟整车生产线存在显著差异，难以复刻汽车快速大规模量产模式，短期产能释放存在硬性约束。弗里蒙特工厂原本用于 Model S、Model X 旗舰车型生产，原有产线完成改造后成为企业首条人形机器人专属制造基地，现阶段仅开展整机装配、调试及小批量试产，是机器人业务落地的核心载体。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.szfiu.com/news/20250107/Mjg1NzQ1OGJhMDJiZWVjMjcxYjFlYjJjMTY3ODIxNTA4Njc=.png","relate_stocks":{"LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","TSLA":"特斯拉","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4585":"ETF&股票定投概念","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4588":"碎股","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4550":"红杉资本持仓","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","BK4598":"佩洛西持仓","BK4551":"寇图资本持仓","LU0823414478.USD":"法巴经典能源转换基金","LU0056508442.USD":"贝莱德世界科技基金A2","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","07366":"XI二南特斯","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","TSDD":"2倍做空TSLA ETF-GraniteShares","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","BK4604":"机器人概念","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","BK4527":"明星科技股","TSYY":"收益增强TSLA ETF-GraniteShares","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","BK4612":"AI芯片","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","TESL":"Simplify Volt TSLA Revolution ETF","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4574":"无人驾驶","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","TSII":"REX TSLA Growth & Income ETF","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","09766":"南方两倍做多特斯拉-U","TSL":"1.25倍做多TSLA ETF-GraniteShares","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","BK4581":"高盛持仓","BK4543":"AI","TSLG":"2倍做多TSLA ETF-Leverage Shares","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","07766":"南方两倍做多特斯拉","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4511":"特斯拉概念","TSLI":"2倍做多TSLA ETF-ProShares","BK4534":"瑞士信贷持仓","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","TSLP":"TSLA收益溢价策略ETF-Kurv","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","BK4516":"特朗普概念","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","TSLQ":"2倍做空TSLA ETF-Tradr","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4592":"伊斯兰概念","TSLR":"2倍做多TSLA ETF-GraniteShares","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","TSLS":"1倍做空TSLA ETF-Direxion","BK4548":"巴美列捷福持仓","TSLT":"2倍做多TSLA ETF-T-Rex","LU0823411888.USD":"法巴消费创新基金 Cap","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","TSLW":"TSLA周配息ETF-Roundhill","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","TSLY":"TSLA期权收益策略ETF-YieldMax","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","SG9999015978.USD":"利安颠覆性创新基金A","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","TSLZ":"2倍做空TSLA ETF-T-Rex","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","09366":"XI二南特斯-U","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","BK4099":"汽车制造商","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","TLA":"GraniteShares Autocallable TSLA ETF","BK4555":"新能源车","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC"},"source_url":"302163","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2648685394","content_text":"金吾财讯 | 特斯拉盘中股价反转，盘前阶段涨幅一度突破2%，盘中转而下行，最新报412.1美元，跌幅3.12%。消息面上，公司二季度全球整车交付总量 480126 台，对比分析师平均预期 396466 台，超出幅度超 21%，交付规模同比提升 25%。销量增长核心依靠主力走量车型 Model 3、Model Y 支撑，两款车型合计交付 467762 台，同比同样上涨 25%，较市场预估 380699 台高出 22.87%，乘用车终端需求具备较强韧性。周三特斯拉 CEO 埃隆・马斯克在社交平台发布自身于加州弗里蒙特工厂 Optimus 人形机器人产线的合照，引发市场对机器人规模化量产进度的热议。不少市场参与者观察到企业近期减少 Optimus 对外公开演示，据此推测量产落地速度快于行业预判。针对相关乐观猜想，马斯克作出公开回应，Optimus 量产初期爬坡速度将十分缓慢，整机零部件、全套生产工艺均为全新自研，制造逻辑和成熟整车生产线存在显著差异，难以复刻汽车快速大规模量产模式，短期产能释放存在硬性约束。弗里蒙特工厂原本用于 Model S、Model X 旗舰车型生产，原有产线完成改造后成为企业首条人形机器人专属制造基地，现阶段仅开展整机装配、调试及小批量试产，是机器人业务落地的核心载体。","news_type":1,"symbols_score_info":{"TSLQ":0.6,"TSLS":0.6,"TESL":0.6,"TSLA":1.98,"07366":0.6,"TSII":0.6,"TSLR":0.6,"TLA":0.6,"09366":0.6,"07766":0.6,"TSDD":0.6,"TSLW":0.6,"09766":0.6,"TSLI":0.6,"CRSH":0.6,"TSL":0.6,"TSLO":0.6,"TSLT":0.6,"TSYY":0.6,"TSLP":0.6,"TEST":0.6,"TSLY":0.6,"TSLG":0.6,"TSLZ":0.6}},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":581513505682112,"gmtCreate":1783002501060,"gmtModify":1783003230269,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a> burry个傻鸟，弄死他，老子现在开始做多","listText":"<a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$&nbsp;</a> burry个傻鸟，弄死他，老子现在开始做多","text":"$特斯拉(TSLA)$ burry个傻鸟，弄死他，老子现在开始做多","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/581513505682112","isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":580447728435592,"gmtCreate":1782740959540,"gmtModify":1782741723239,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 价格来到了1月份的价格，半年白玩","listText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 价格来到了1月份的价格，半年白玩","text":"$英伟达(NVDA)$ 价格来到了1月份的价格，半年白玩","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/580447728435592","isVote":1,"tweetType":1,"viewCount":622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":580447476932824,"gmtCreate":1782740895968,"gmtModify":1782741720343,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/COHR\">$Coherent(COHR)$&nbsp;</a> 接着砸","listText":"<a href=\"https://laohu8.com/S/COHR\">$Coherent(COHR)$&nbsp;</a> 接着砸","text":"$Coherent(COHR)$ 接着砸","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/580447476932824","isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":580248130572600,"gmtCreate":1782692228968,"gmtModify":1782696954640,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/COHR\">$COHERENT(COHR)$&nbsp;</a> 到强支撑位了","listText":"<a href=\"https://laohu8.com/S/COHR\">$COHERENT(COHR)$&nbsp;</a> 到强支撑位了","text":"$COHERENT(COHR)$ 到强支撑位了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/580248130572600","isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":579591904310512,"gmtCreate":1782532090411,"gmtModify":1782533995497,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"哈哈，互撕，挺好，苹果真丑陋","listText":"哈哈，互撕，挺好，苹果真丑陋","text":"哈哈，互撕，挺好，苹果真丑陋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/579591904310512","repostId":"2646539698","repostType":2,"repost":{"id":"2646539698","kind":"live","pubTimestamp":1782522250,"share":"https://www.laohu8.com/m/news/2646539698?lang=zh_CN&edition=full","pubTime":"2026-06-27 09:04","market":"us","language":"zh","title":"美光高管怒怼苹果定价模式：芯片成本涨45美元，终端加价250美元","url":"https://stock-news.laohu8.com/highlight/detail?id=2646539698","media":"格隆汇","summary":"社交媒体上海外财经投资类网红账号爆出美光科技高管公开吐槽苹果定价模式：十多年来，苹果长期以5美元采购存储芯片，简单封装后，以99美元的存储升级价卖给消费者，还嘲笑美光想把单价涨到7美元。如今芯片采购价","content":"<html><head></head><body><p style=\"text-align: left;\">社交媒体上海外财经投资类网红账号爆出美光科技高管公开吐槽苹果定价模式：十多年来，苹果长期以5美元采购存储芯片，简单封装后，以99美元的存储升级价卖给消费者，还嘲笑美光想把单价涨到7美元。如今芯片采购价涨到50美元，苹果直接向消费者加价250美元，把成本压力成倍转嫁给用户。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/71d4b1ffd282b1894e409447c24a9e1e\" data-align=\"center\" tg-width=\"1260\" tg-height=\"1849\"/><span></span></p></body></html>","source":"live_gelonghui","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>美光高管怒怼苹果定价模式：芯片成本涨45美元，终端加价250美元</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n美光高管怒怼苹果定价模式：芯片成本涨45美元，终端加价250美元\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-27 09:04 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.gelonghui.com/rss/live/live.xml><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>社交媒体上海外财经投资类网红账号爆出美光科技高管公开吐槽苹果定价模式：十多年来，苹果长期以5美元采购存储芯片，简单封装后，以99美元的存储升级价卖给消费者，还嘲笑美光想把单价涨到7美元。如今芯片采购价涨到50美元，苹果直接向消费者加价250美元，把成本压力成倍转嫁给用户。</p>\n\n<a href=\"https://www.gelonghui.com/rss/live/live.xml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/71d4b1ffd282b1894e409447c24a9e1e","relate_stocks":{"IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","AAPL":"苹果","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","BK4605":"半导体精选","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1582987324.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) ACC","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU1582987597.SGD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (SGDHDG) INC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","HK0000819398.USD":"BLACKROCK PREMIER SYSTEMATIC GLOBAL EQUITY HIGH INCOME FUND A10 (USD)INC","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","BK4527":"明星科技股","LU0203347892.USD":"SCHRODER ISF QEP GLOBAL ACTIVE VALLUE \"A\" (USD)  INC AV","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2065171311.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) ACC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2552382215.SGD":"WELLINGTON US BRAND POWER \"A\" (SGDHDG) ACC","LU2065171402.SGD":"M&G (LUX) GLOBAL MAXIMA \"A\" (SGD) INC","LU2543165471.USD":"E FUND (HK) GLOBAL QUALITY GROWTH \"A\" (USD) ACC","LU2552382058.USD":"WELLINGTON US BRAND POWER \"A\" (USD) ACC","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4532":"文艺复兴科技持仓","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","HK0000532082.HKD":"ALLIANZ SELECTION INCOME AND GROWTH \"AM\" (HKD) INC","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0861579265.USD":"联博低波幅策略股票基金A","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","BK4141":"半导体产品","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","APLY":"AAPL期权收益策略ETF-YieldMax","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU0143551892.USD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A\" (USD) ACC","LU2462591277.SGD":"TRP GLOBAL FOCUSED GROWTH EQUITY \"AN\" (SGDHDG) ACC","LU2954938101.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A8P\" (SGD) INC","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1582986359.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU2999663052.SGD":"T ROWE PRICE GLOBAL FOCUSED GROWTH EQUITY \"A4P\" (SGD) INC","LU0859254822.USD":"T ROWE PRICE GLOBAL VALUE EQUITY \"A\" (USD) ACC","IE00B4YYXB79.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU2357627491.SGD":"TRP GLOBAL VALUE EQUITY \"AH\" (SGDHDG) ACC","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU2047632596.USD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"A\" (USD) ACC","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","LU2100268510.USD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"AX\" (USD) INC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU3102509885.SGD":"T.ROWE MULTI-ASSET GLOBAL INCOME \"A8P\" (SGDHDG) INC","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0476273544.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"BU\" (USD) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4507":"流媒体概念","LU2242650005.HKD":"FIDELITY FUNDS GLOBAL MULTI ASSET DYNAMIC \"A\" (HKD) ACC","LU2452424414.USD":"BGF ESG MULTI-ASSET \"A10\" (USDHDG) INC","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU0882574139.USD":"富达环球消费行业基金A ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","SG9999015978.USD":"利安颠覆性创新基金A","BK4501":"段永平概念","LU0133085943.USD":"T ROWE PRICE US BLUE CHIP EQUITY \"A\" ACC","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU0174119429.USD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"A\" ACC","LU2462591350.SGD":"T ROWE PRICE US LARGE CAP GROWTH EQUITY \"AN\" (SGDHDG) ACC","BK4566":"资本集团","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","BK4505":"高瓴资本持仓","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1815336760.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"AUP\" (USD) INC","SG9999000418.SGD":"Aberdeen Standard Global Technology SGD","SG9999014575.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USDHDG) INC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU2637965513.SGD":"BGF GLOBAL ALLOCATION \"A10\" (SGDHDG) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","SG9999001424.SGD":"United E-Commerce Fund SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","SG9999014559.SGD":"United Income Focus Trust Dis SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU2237443465.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) INC","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU1301847155.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A4G\" (USD) INC","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0942090050.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD)  INC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0726765562.USD":"JPM GLOBAL INCOME \"A\" (USD HEDGED) INC","LU0080751232.USD":"富达环球多元动力基金A","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU2347655073.USD":"JPM GLOBAL INCOME \"A\" (USDHDG) INC A","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","BK4543":"AI","BK4512":"苹果概念","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE000Q6AESB8.SGD":"PIMCO BALANCED INCOME AND GROWTH \"A\" (SGDHDG) INC","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","LU0070217475.USD":"JPM GLOBAL SELECT EQUITY \"A\" ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","MUD":"1倍做空MU ETF-Direxion","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","MULL":"2倍做多MU ETF-GraniteShares","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU1267930573.SGD":"TEMPLETON GLOBAL \"AA\" (SGD) ACC A","BK4515":"5G概念","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4554":"元宇宙及AR概念","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","BK4553":"喜马拉雅资本持仓","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU2746668461.USD":"MANULIFE DYNAMIC LEADERS \"AA\" (USD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","BK4585":"ETF&股票定投概念","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1582986433.USD":"M&G (LUX) INCOME ALLOCATION \"A-H\" (USDHDG) INC","LU2102340556.USD":"AZ ALLOCATION - RISK PARITY FACTOR \"A\" (USD) ACC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","LU2089985449.USD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU2931357623.SGD":"MANULIFE GF GLOBAL SEMICONDUCTOR OPPORTUNITIES \"AA\" (SGDHDG) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4559":"巴菲特持仓","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","BK4550":"红杉资本持仓","BK4588":"碎股","BK4170":"电脑硬件、储存设备及电脑周边","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0079474960.USD":"联博美国增长基金A","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","MUU":"2倍做多MU ETF-Direxion","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","IE00B775H168.HKD":"JANUS HENDERSON BALANCED \"A5M\" (HKD) INC","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU0072462426.USD":"贝莱德全球配置 A2","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU0097036916.USD":"贝莱德美国增长A2 USD","IE0001KFT4U8.USD":"FTGF CLEARBRIDGE GLOBAL GROWTH LEADERS \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE000ITXATA3.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4571":"数字音乐概念","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","BK4576":"AR","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU1642822529.SGD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"A\" (SGD) ACC","BK4575":"芯片概念","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","BK4579":"人工智能","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","BK4574":"无人驾驶","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4573":"虚拟现实","LU0823421333.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) ACC","BK4581":"高盛持仓","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2247934214.USD":"FIDELITY FUNDS SUSTAINABLE FUTURE CONNECTIVITY \"A\" (USD) ACC","LU0096364046.USD":"CT (LUX) I AMERICAN \"DU\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","HK0000914686.HKD":"GFI Global Select Equity Fund Class A (HKD)","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","HK0000914660.USD":"GFI Global Select Equity Fund Class A (USD)","LU1732800096.USD":"摩根大通环球收益基金A (irc)","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0444971666.USD":"天利全球科技基金","LU0787776722.HKD":"AB SELECT US EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","LU0553294199.USD":"BGF GLOBAL EQUITY INCOME \"A5G\" (USD) INC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","MU":"美光科技","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0784385170.HKD":"BGF GLOBAL MULTI ASSET INCOME \"A6\" (HKDHGD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0784385840.USD":"Blackrock Global Multi-Asset Income A2 USD","LU2063271972.USD":"富兰克林创新领域基金","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","LU0345768153.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) ACC","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU0557290698.USD":"施罗德环球可持续增长基金","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","LU2092937148.SGD":"Blackrock ESG Multi-Asset A8 SGD-H","LU2092627202.USD":"Blackrock ESG Multi-Asset A8 USD-H","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU2077746001.SGD":"Blackrock ESG Multi-Asset A2 SGD-H","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. VL \"A\" (USD) ACC","LU0724617625.USD":"BGF GLOBAL ALLOCATION \"A4\" (USD) INC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU1235294995.USD":"FIDELITY GLOBAL TECHNOLOGY \"A\" (USDHDG) ACC","AAPB":"2倍做多AAPL ETF-GraniteShares","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","AAPD":"1倍做空AAPL ETF-Direxion","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU1206712785.SGD":"Aviva Investors - Multi-Strategy Target Return Ah SGD","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","AAPU":"2倍做多AAPL ETF-Direxion","LU1206713676.USD":"Aviva Investors - Multi-Strategy Target Return Ah USD","AAPW":"AAPL周配息ETF-Roundhill","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","AAPX":"2倍做多Apple ETF-T-Rex","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4592":"伊斯兰概念","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","AAPY":"AAPL收益溢价策略ETF-Kurv","LU1868836914.USD":"CT (LUX) I AMERICAN \"3\" (USD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0494093205.USD":"贝莱德ESG灵活多元资产A2 USD-H","IE000F7OJYX1.SGD":"RQI GLOBAL \"I\" (SGDHDG) INC","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1868837136.USD":"CT (LUX) I AMERICAN \"8\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","IE0000B7K699.USD":"RQI GLOBAL \"I\" (USD) INC","IE000BZT7R73.USD":"RQI GLOBAL \"I\" (USD) ACC","LU1868836591.USD":"CT (LUX) I AMERICAN \"1U\"(USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","IE000MB6IJN5.SGD":"RQI GLOBAL \"I\" (SGD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0795875169.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD-H","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","IE000WAW04H5.SGD":"RQI GLOBAL \"I\" (SGD) INC A","SG9999002232.USD":"Allianz Global High Payout USD","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU2083900584.USD":"HSBC GIF US INCOME FOCUSED \"AM2\" (USD) INC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","SG9999015341.SGD":"United Income Focus Trust Acc SGD-H","IE000SO60NU8.SGD":"RQI GLOBAL \"I\" (SGDHDG) ACC A","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","BK4598":"佩洛西持仓","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0949170426.SGD":"Blackrock Global Multi-Asset Income A6 SGD-H","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0784384876.USD":"Blackrock Global Multi-Asset Income A6 USD","LU1046421795.USD":"富达环球科技A-ACC"},"source_url":"https://www.gelonghui.com/rss/live/live.xml","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"2646539698","content_text":"社交媒体上海外财经投资类网红账号爆出美光科技高管公开吐槽苹果定价模式：十多年来，苹果长期以5美元采购存储芯片，简单封装后，以99美元的存储升级价卖给消费者，还嘲笑美光想把单价涨到7美元。如今芯片采购价涨到50美元，苹果直接向消费者加价250美元，把成本压力成倍转嫁给用户。","news_type":1,"symbols_score_info":{"AAPW":0.6,"AAPU":0.6,"MULL":0.6,"MUU":0.6,"MU":2.1,"AAPL":2.1,"AAPY":0.6,"AAPX":0.6,"AAPD":0.6,"MUD":0.6,"APLY":0.6,"AAPB":0.6}},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":579384852766936,"gmtCreate":1782481466240,"gmtModify":1782481982171,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 大猩猩敲地球","listText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 大猩猩敲地球","text":"$英伟达(NVDA)$ 大猩猩敲地球","images":[{"img":"https://static.tigerbbs.com/31965a6c2d81a0a0711f9c31b5327b97","width":"887","height":"1182"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/579384852766936","isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":579376048717864,"gmtCreate":1782479394351,"gmtModify":1782480049450,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3486352703133754","authorIdStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/LITE\">$Lumentum Holdings Inc.(LITE)$&nbsp;</a> 被康宁锤了？","listText":"<a href=\"https://laohu8.com/S/LITE\">$Lumentum Holdings Inc.(LITE)$&nbsp;</a> 被康宁锤了？","text":"$Lumentum Holdings Inc.(LITE)$ 被康宁锤了？","images":[{"img":"https://static.tigerbbs.com/31965a6c2d81a0a0711f9c31b5327b97","width":"887","height":"1182"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/579376048717864","isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":556899205121472,"gmtCreate":1776990232168,"gmtModify":1776996131017,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/TXN\">$德州仪器(TXN)$&nbsp;</a> 对标A股的全志科技","listText":"<a href=\"https://laohu8.com/S/TXN\">$德州仪器(TXN)$&nbsp;</a> 对标A股的全志科技","text":"$德州仪器(TXN)$ 对标A股的全志科技","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/556899205121472","isVote":1,"tweetType":1,"viewCount":2213,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4206169093520282","authorId":"4206169093520282","name":"v哥纵横四海","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4206169093520282","idStr":"4206169093520282"},"content":"模拟芯片，对标的是圣邦","text":"模拟芯片，对标的是圣邦","html":"模拟芯片，对标的是圣邦"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":397883599421896,"gmtCreate":1738161715613,"gmtModify":1738192803163,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 今天110，下周90","listText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 今天110，下周90","text":"$英伟达(NVDA)$ 今天110，下周90","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":17,"repostSize":0,"link":"https://laohu8.com/post/397883599421896","isVote":1,"tweetType":1,"viewCount":8987,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"content":"90以下再出手，这会出手会挂在半山腰","text":"90以下再出手，这会出手会挂在半山腰","html":"90以下再出手，这会出手会挂在半山腰"},{"author":{"id":"4147333626926020","authorId":"4147333626926020","name":"羲羲发发发","avatar":"https://static.tigerbbs.com/e8058ede641cdf11fe2befcbdfcdde48","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4147333626926020","idStr":"4147333626926020"},"content":"赶快跌下来 别拉了 无用功","text":"赶快跌下来 别拉了 无用功","html":"赶快跌下来 别拉了 无用功"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":399586332020864,"gmtCreate":1738577613519,"gmtModify":1738663205432,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 现在还几个人信英伟达讲的故事？","listText":"<a href=\"https://laohu8.com/S/NVDA\">$英伟达(NVDA)$&nbsp;</a> 现在还几个人信英伟达讲的故事？","text":"$英伟达(NVDA)$ 现在还几个人信英伟达讲的故事？","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":16,"repostSize":0,"link":"https://laohu8.com/post/399586332020864","isVote":1,"tweetType":1,"viewCount":8287,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4198227008886052","authorId":"4198227008886052","name":"人间花开","avatar":"https://static.tigerbbs.com/189395712579e9609e90740b0006cc50","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4198227008886052","idStr":"4198227008886052"},"content":"愿赌服输呗，我也没办法，。在香港刚开了户，买进去149.47","text":"愿赌服输呗，我也没办法，。在香港刚开了户，买进去149.47","html":"愿赌服输呗，我也没办法，。在香港刚开了户，买进去149.47"},{"author":{"id":"4195272735879932","authorId":"4195272735879932","name":"穷不达","avatar":"https://static.tigerbbs.com/af68781b8c44eade49ee4fce2cecabf8","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4195272735879932","idStr":"4195272735879932"},"content":"抱歉 我信，必坚定不移，","text":"抱歉 我信，必坚定不移，","html":"抱歉 我信，必坚定不移，"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":368762934874592,"gmtCreate":1731073015876,"gmtModify":1731074493391,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2412(NQmain)$&nbsp;</a> 能不能跌下来，我还没买呢","listText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2412(NQmain)$&nbsp;</a> 能不能跌下来，我还没买呢","text":"$NQ100指数主连 2412(NQmain)$ 能不能跌下来，我还没买呢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":1,"link":"https://laohu8.com/post/368762934874592","isVote":1,"tweetType":1,"viewCount":4547,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3492787339030986","authorId":"3492787339030986","name":"超超_6103","avatar":"https://static.tigerbbs.com/e178c9f28079df8f96fc5ef22800a38f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3492787339030986","idStr":"3492787339030986"},"content":"22年跌成那样你买了吗？如果没买现在跌你也不会买的，不要骗自己","text":"22年跌成那样你买了吗？如果没买现在跌你也不会买的，不要骗自己","html":"22年跌成那样你买了吗？如果没买现在跌你也不会买的，不要骗自己"},{"author":{"id":"3546984011026931","authorId":"3546984011026931","name":"交易人生A","avatar":"https://static.tigerbbs.com/45c237270967ac13b89e41806e28a7b1","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3546984011026931","idStr":"3546984011026931"},"content":"我还觉得不够钱，你竟然没买","text":"我还觉得不够钱，你竟然没买","html":"我还觉得不够钱，你竟然没买"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":360428794122312,"gmtCreate":1729013678213,"gmtModify":1729013985464,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/CNmain\">$A50指数主连 2410(CNmain)$&nbsp;</a> Friends who continuously short Chinese stocks in the US stock market, if you continue to short Chinese stocks, I will have no way to pay your mother.","listText":"<a href=\"https://laohu8.com/FUT/CNmain\">$A50指数主连 2410(CNmain)$&nbsp;</a> Friends who continuously short Chinese stocks in the US stock market, if you continue to short Chinese stocks, I will have no way to pay your mother.","text":"$A50指数主连 2410(CNmain)$ Friends who continuously short Chinese stocks in the US stock market, if you continue to short Chinese stocks, I will have no way to pay your mother.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360428794122312","isVote":1,"tweetType":1,"viewCount":1284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":283512686928168,"gmtCreate":1710255918980,"gmtModify":1710255988652,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2406(NQmain)$&nbsp;</a>为什么主连和纳斯达克指数第二天的值差了200-300点，不是应该每天的收盘值是相同的吗？一直没搞明白这个","listText":"<a href=\"https://laohu8.com/FUT/NQmain\">$NQ100指数主连 2406(NQmain)$&nbsp;</a>为什么主连和纳斯达克指数第二天的值差了200-300点，不是应该每天的收盘值是相同的吗？一直没搞明白这个","text":"$NQ100指数主连 2406(NQmain)$ 为什么主连和纳斯达克指数第二天的值差了200-300点，不是应该每天的收盘值是相同的吗？一直没搞明白这个","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/283512686928168","isVote":1,"tweetType":1,"viewCount":2239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":579231916823664,"gmtCreate":1782444192626,"gmtModify":1782444294306,"author":{"id":"3486352703133754","authorId":"3486352703133754","name":"Vinsa8","avatar":"https://static.tigerbbs.com/4aa0eb0aaff159d9b2509af8452bc77f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3486352703133754","idStr":"3486352703133754"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/GLW\">$康宁(GLW)$ </a> 傻鸟，讲鬼故事把自己也坑了","listText":"<a href=\"https://laohu8.com/S/GLW\">$康宁(GLW)$ </a> 傻鸟，讲鬼故事把自己也坑了","text":"$康宁(GLW)$ 傻鸟，讲鬼故事把自己也坑了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/579231916823664","isVote":1,"tweetType":1,"viewCount":2424,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585733225373710","authorId":"3585733225373710","name":"熊大5811","avatar":"https://static.tigerbbs.com/e757bd6946260d3a56c9852761631a28","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3585733225373710","idStr":"3585733225373710"},"content":"玻璃桥遇到鬼么？😂","text":"玻璃桥遇到鬼么？😂","html":"玻璃桥遇到鬼么？😂"}],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}