A-share hot topics in the evening | NVIDIA invests $5 billion in Intel

1. NVIDIA invests $5 billion in Intel According to the agreement disclosed by both parties on Thursday, NVIDIA will purchase Intel common stock at $23.28 per share, a discount of about 6.5% from the previous day's closing price. As of Wednesday's closing, Intel's market value is about $116 billion, and this deal means that NVIDIA's stake is less than 5%. In contrast, NVIDIA's market value has exceeded $400 billion, making it the absolute leader in the global semiconductor industry. Analysts at Wade Bush Securities said that NVIDIA's $5 billion investment in Intel is a "game-changing" event for Intel, and this cooperation will firmly push Intel into the artificial intelligence market. After cooperating with NVIDIA, which has the world's most advanced chip technology, Intel will be able to make substantial contributions to the development of the American artificial intelligence industry. 2. Investors raise questions but only get partial answers, leaving three major "doubts" about Horizon Robotics performance By the end of the meeting, investors had raised dozens of questions, but the company's management only responded to a few of them. In the limited interaction, the company outlined a development blueprint centered on computational power, but it provided vague responses to key questions that investors are most concerned with, such as who the major clients supporting the current performance are, the sustainability of performance, and core competitiveness. 3. Goldman Sachs: Overweight A-shares and H-shares, A-shares "slow bull" trend seems more solid than ever before At the current moment, foreign institutions have an optimistic outlook on the future market performance of A-shares. In its latest report, Goldman Sachs maintained an "overweight" rating for both A-shares and H-shares, predicting a 8% and 3% increase in the next 12 months, respectively. Goldman Sachs believes that the foundation for the current A-share market "slow bull" trend seems more solid than ever, with factors such as market reform represented by the "New Nine Articles" enhancing shareholder returns and the introduction of "patient capital" lowering market volatility. 4. Chinese companies stop buying NVIDIA-related chips? Foreign Ministry responds On September 18, in response to foreign media reports that China's internet regulator had instructed companies like Alibaba and ByteDance to stop buying NVIDIA RTX Pro 6000D chips, Foreign Ministry spokesperson Lin Jian responded on the afternoon of the 18th that China has always opposed discriminatory practices against specific countries on economic, trade, and technological issues. 5. Ministry of Commerce response to Tiktok issue: Will not seek any agreement at the expense of sacrificing principles and positions On September 18, Ministry of Commerce spokesperson He Yadong stated that China's position on the Tiktok issue remains consistent. The Chinese side opposes politicizing, weaponizing, and tooling tech and trade issues, and will not seek any agreement at the expense of sacrificing principles, positions, corporate interests, and international fairness and justice. 6. Record high turnover on the Sci-Tech Innovation Board, "Three Giants" account for nearly 20% of trading volume On September 18, the overall trading volume of Shanghai, Shenzhen, and ChiNext markets surged, reaching 3.17 trillion yuan by the close. This was the fourth-highest record in history and ranked third in the year's market performance. In particular, the Sci-Tech Innovation Board continued to attract interest, with a trading volume of 361.047 billion yuan, an increase of nearly 109.5 billion yuan from the previous day and a new record high. In terms of specific stocks, the "Three Giants" of the Sci-Tech Innovation Board, Horizon Robotics, Semiconductor Manufacturing International Corporation, and Hygon Information Technology, ranked the top three in trading volume on the 18th, reaching 23.495 billion yuan, 25.15 billion yuan, and 19.12 billion yuan, respectively. Other stocks like Advanced Micro-Fabrication Equipment Inc. China, Montage Technology, Dosilicon Co., Ltd., Verisilicon Microelectronics (Shanghai) Co., Ltd., and Sichuan Huafeng Technology also ranked high in trading volume. These translated excerpts provide information on various financial and technological developments, investor sentiments, market trends, and regulatory responses in China and internationally.