Tariff swings; NVIDIA, AMD respond to Trump's call｜Today's important news recap

0415 | Dolphin Research Key Focus:

🐬 Macro/Industry

1、The U.S. Department of Commerce announced in two notices that it has initiated investigations into the impact of imports of "semiconductors and semiconductor manufacturing equipment" and "pharmaceuticals and pharmaceutical ingredients, including finished drugs" on national security. These investigations, which began on April 1, could last up to 270 days, but Trump and his team have made it clear that results may come earlier. The scope of these investigations is extremely broad, but the frequent shifts in tariff policies indicate ongoing uncertainty. Today, the stock market remained relatively stable.

🐬 Stocks

1、$NVIDIA(NVDA.US)

Facing Trump's tariff threats, Nvidia has begun to compromise. The company announced on its official website that it is working with manufacturing partners to establish factories in the U.S., marking the first time Nvidia's AI supercomputers will be entirely produced domestically. It is estimated that $500 billion worth of AI infrastructure will be produced in the U.S. within five years.

2、$AMD(AMD.US)

Similarly affected by Trump's tariff policies, AMD has also responded proactively. CEO Lisa Su stated that the company is ready to begin chip production at TSMC's Arizona facility and will definitely produce more AI servers in the U.S.

3、Key Earnings Reports and Conference Calls

CATL:《CATL: Tariff "Bandit" Strikes, the King Struggles to Survive》、《CATL (1Q25 Minutes): Tariff Impact Relatively Limited, Actively Negotiating Solutions with Clients》

🐬 Top Gainers

Shanghai/Shenzhen: Tobacco, Personal Care Products, Water and Soft Drinks;

Hong Kong: Managed Healthcare, Packaging, Diversified Financial Services;

U.S.: Kitchen Appliances, Commercial & Residential Mortgage Financing, Investment Banking and Brokerage.

🐬 Monday Watchlist

1、China GDP YoY, China Industrial Production YoY, China Retail Sales YoY;

2、U.S. Retail Sales MoM, U.S. Industrial Production MoM, U.S. Business Inventories MoM;

3、ASML Earnings Release, Dolphin Research to Provide Analysis.

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