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舞法天女漫画-十余省份将有大暴雨,出行安全不可忽视! - 怀亦网络
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舞法天女漫画-十余省份将有大暴雨,出行安全不可忽视!

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电话:2025 商洛市(山阳县、镇安县、柞水县、商南县、洛南县、商州区、丹凤县)
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广西壮族自治区
赤峰市(翁牛特旗、阿鲁科尔沁旗、松山区、克什克腾旗、红山区、喀喇沁旗、宁城县、林西县、敖汉旗、巴林左旗、巴林右旗、元宝山区)
贵港市(桂平市、平南县、覃塘区、港北区、港南区)
惠州市(惠阳区、惠东县、惠城区、龙门县、博罗县)
德宏傣族景颇族自治州(陇川县、芒市、瑞丽市、盈江县、梁河县)








澳门特别行政区
白山市(临江市、浑江区、靖宇县、抚松县、江源区、长白朝鲜族自治县)
德州市(庆云县、乐陵市、德城区、武城县、禹城市、夏津县、齐河县、平原县、临邑县、宁津县、陵城区)
潮州市(潮安区、饶平县、湘桥区)
六安市(霍山县、霍邱县、叶集区、舒城县、裕安区、金安区、金寨县)
林芝市(墨脱县、波密县、朗县、米林市、工布江达县、巴宜区、察隅县)
广元市(昭化区、剑阁县、利州区、青川县、旺苍县、苍溪县、朝天区)
大兴安岭地区(塔河县、漠河市、呼玛县)
萍乡市(湘东区、莲花县、芦溪县、上栗县、安源区)

  华尔街见闻

  亮眼的财报可能掩盖了深层次的风险,摩根士丹利分析师ShawnKim表示,在更大的影响因素下,财报季并不重要。关税对内存的真正影响就像一座冰山,大多数危险都隐藏在水面之下,而且仍在逼近。

  得益于全球AI领域的竞争以及客户在关税征收前抢进口,SK海力士3月营业利润超出预期增长了158%,但关税风险下的风险仍在逼近。

  周四,韩国内存巨头SK海力士公布3月份当季营业利润增长了158%,为7.44万亿韩元(约合52亿美元),超过预期的6.6万亿韩元,营收增长42%。这是该公司第二好的季度业绩,此前该公司上一季度营收和营业利润均创历史新高。

  作为英伟达重要供应商,SK海力士受益于HBM等AI关键组件的强劲需求增长。SK海力士表示,12层HBM3E芯片的销售额预计将在第二季度增长,占HBM3E总营收的一半以上。该芯片是目前市场上与Nvidia(GPU)使用的最先进的HBM芯片。

  然而,亮眼的财报掩盖了更深层次的风险。摩根士丹利分析师ShawnKim本周在给投资者的一份报告中表示:

  SK海力士也警告称,宏观经济的不确定性将导致下半年需求波动。但该公司仍预测HBM的需求将在2025年翻一番,理由是该公司提前一年与客户达成了供应协议。

  自今年年初以来,SK海力士的股价仅上涨了4%左右。对关税引发的全球经济衰退的担忧,以及DeepSeek低成本模型引发的对盈利能力的重新评估,削弱其股价在过去两年中上涨逾一倍的势头。分析表示,如果贸易紧张局势导致全球经济陷入衰退,所有包含芯片的产品终端需求都面临暴跌的风险。

  随着关税和AI担忧加剧,本月SK海力士看跌押注创历史新高,4月,对SK海力士股票的卖空金额已达1.5万亿韩元(约10亿美元),有望创下月度纪录。与此同时,海外机构投资者本月净卖出超过2.9万亿韩元的SK海力士股票,同样创纪录。

风险提示及免责条款

  市场有风险,投资需谨慎。本文不构成个人投资建议,也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资,责任自负。

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