Broker Research: Sector, Macro and Strategy Notes

Nomura·2026-11-05Sector

Global new data-center capacity delayed: Base case policy-delay estimatethrough 2028Global new data-center capacity delayed: Bear case policy-delay estimatethrough 2028

Nomura·2026-11-04Sector

2359.HK603259.SH

Nomura·2026-11-04Sector

6181.HKAS.US

Nomura·2026-11-04Sector

1590.TW6273.T

Nomura·2026-11-03Sector

AI-diversified Apple suppliers·Overweight

Nomura·2026-11-02Sector

TENCENT BABA

Nomura·2026-11-02Sector

SKHYNIX SMSN AMZN GOOGL META MU ORCLMemory semiconductors·Overweight

Nomura·2026-11-01Sector

6990.HKLLY MRKNOVN.SW

Nomura·2026-11-01Sector

GEELY BYD LI NIOXPEV.USChina autos·Underweight

Nomura·2026-10-30Sector

300308.SZ688183.SHAMZN

Nomura·2026-10-30Sector

SKHYNIX SMSN AMZN GOOGL META MSFTMemory semiconductors·Overweight

Nomura·2026-10-29Sector

GOOGL MSFT

Nomura·2026-10-27Sector

002463.SZ002916.SZ2313.TW2383.TW300476.SZ3037.TW4958.TW6274.TW7911.T

Nomura·2026-10-26Sector

Nomura·2026-10-23Sector

1109.HKKER.PA

Nomura·2026-10-23Sector

GM.US

Nomura·2026-10-22Sector

1109.HKRMS.PA

Nomura·2026-10-22Sector

002463.SZ300308.SZMETAZhongji Innolight·OverweightWUS Printed Circuit·Overweight

Nomura·2026-10-21Sector

3696.HK

Nomura·2026-10-21Sector

SKHYNIX

Research: Broker notes on sectors, macro, rates and strategy

Global Memory: US mid-term election impact: options for big tech and memory

China healthcare: BIOSECURE Act and COINS Act updates-1

China consumer: Zhengzhou-based mall observed a softening performance YTD

China factory automation data: October 2026: We estimate Airtac’s October daily sales rose 7% m-m

Asia Apple supply chain: Implications of Apple’s 4QFY26 results

China Internet & New Media: WorkBuddy accelerates cross-product integration

Global Memory: Is data center unprofitable? No, it is very profitable

China healthcare: MNCs’ Sept-quarter results read-through (2)

China Auto EV: Oct-26: Similar sales situation as Sep

Global AI Trend Tracker: Amazon’s 3Q26 earnings read through

Global Memory: Big tech tells:

Industrial electronics sector: Results at Alphabet and Microsoft

Asia AI PCB Substrate & CCL: 2026 TPCA: tighter supply with innovations underway

China healthcare: ESMO 2026: China assets highlights (1)

China consumer: Read-across from Kering’s 3Q26 results

Nomura Global Autos Monthly: No signs of slowdown in demand, but outlook uncertain

China consumer: Read-across from Hermès’ 3Q26 results

Global AI Trend Tracker: META’s 3Q26 earnings read through

China healthcare: AIDD expert call takeaways (1)

China semi equipment monthly imports tracker: WFE imports -6% y-y in Sep 2026 and -4% y-y in 1-9M26