Morgan Stanley: AI cloud business has broad profit growth potential, reiterates Microsoft "Overweight" ratingThe South Korean government will start distributing more than 10,000 NVIDIA GPUs from February next yearMorgan Stanley: The U.S. stock hardware sector will face severe tests in 2026, but there are still structural opportunities. We are optimistic about five core targets, including Apple and Western DigitalBank of America: India has become the world's most active AI large model market, with its large young population turning into Silicon Valley's "testing ground"CMB International: Expects the U.S. to cut interest rates once in June next year, with economic growth and unemployment rate likely to stabilizeUnderstanding the "Trump Account" in one article: Give newborns $1,000 to buy stocks, how much can it turn into after 18 years?Trump stated: The next chairman of the Federal Reserve must be a "super dove," and the candidate will be announced soonBetting on the Global Computing Power Third Pole: NVIDIA, xAI, and Lenovo's Saudi Investment Entering the Harvest PeriodBroad fiscal policy still needs to be strengthenedFermi denies reports that Amazon is a potential tenant for its Texas data center projectDaiwa: OSL GROUP's competitor goes public, still maintains target price of HKD 18.8 as the preferred choice for cryptocurrency conceptsTo adapt to the new law, Apple has opened payment options and third-party app stores in Japan's iOS, while warning users of increased security risksMU (analyst huddle): Cash prioritized for capacity expansion; HBM4 yield ramping fasterThe strongest AI stock in IndiaGoldman Sachs: Xiaomi Corporation-W releases a brand new open-source model, expected to accelerate ecosystem integrationThe battle for computing power intensifies: Google's open-source strategy + Meta's ecosystem betrayal, aiming to break NVIDIA's CUDA ecosystem monopolyUnderstanding the Market | Technology stocks under pressure collectively, Alibaba-W and Hua Hong Semiconductor down over 1%MU (Trans): GPM will continue to expand, but the pace will moderate.MU: AI Ignites Memory; Supercycle Starting?The bull market narrative for chip stocks is still in the "main rising wave"! In 2026, the allocation theme will focus on AI chips, semiconductor equipment, and optical interconnectsThe mystery of "liquidity tightening" in the U.S. market revealed? JP Morgan withdrew nearly $350 billion from the Federal Reserve account and invested it in U.S. TreasuriesMicron conference call: "Good days are still ahead!" CEO bluntly states that HBM will be sold out in 2026 and is signing "unprecedented" long-term contractsCode name "TorchTPU"! Google and Meta join forces to replicate CUDA, further threatening NVIDIAU.S. stock night trading | Most storage concepts rose, Micron Tech surged over 8%, cannabis stocks climbed, Canopy Growth rose over 11%A new AI bullet is coming! Reports indicate that OpenAI is exploring financing of "tens of billions or even $100 billion."Tomorrow, Japan's interest rate hike is "set in stone," and the market is focused on "how to proceed next"?Elon Musk claims that Gates' short position on Tesla may have resulted in losses exceeding $10 billionGold vs 10-Year Treasury YieldOracle close to "halving": Is it all my fault?Strong demand for chips, Micron's performance and guidance both "explode," increasing capital expenditure, stock price surges over 6.7% after hoursReminder: Please pay close attention to the following (all in Beijing time)Energy inflation important barometer! AI electricity consumption surges, the largest power grid auction price in the U.S. hits a new high, households and businesses foot the billOvernight U.S. stocks | Three major indices closed lower, Tesla fell over 4.6%, spot gold rose 0.84%December 18th External Headlines: Micron Tech announces strong revenue outlook, Amazon restructures AI department, the US aims to pressure Russia into accepting a peace agreement with a new round of sanctionsTo become the Costco of the healthcare industry, Medline raised $6.26 billion, creating the largest IPO of the year, with a debut surge of over 40%Top 20 U.S. stock trading volumes on December 18: Analysts say Tesla's automotive business is worth only $30 per shareAmazon restructures AI department: integration of chip, quantum computing, and AGI businessTrade tensions between Switzerland and the United States have further eased, with Novartis and Roche expected to reach a drug pricing agreement with the U.SIn the first fiscal quarter, Micron Tech's adjusted revenue was USD 13.64 billion, while analysts expected USD 12.95 billionApple plans to significantly expand its iPhone businessTo become the Costco of the healthcare industry, Medline raised $6.26 billion, creating the largest IPO of the year, with an intraday increase of over 30% on debutU.S. Treasury Secretary Becerra: Any concerns about Hassett's qualifications to serve as Chairman of the Federal Reserve are absurdIn the United States, CLO sales are expected to reach USD 201.5 billion in 2025, setting a new historical recordGoogle releases the more efficient Gemini 3 AI modelChallenge OpenAI for months! Google releases the more efficient Gemini 3 Flash, the default model for apps, enhancing search capabilities upon launch