Broker Research: Sector, Macro and Strategy Notes

Nomura·2026-11-05Thematic

Nomura·2026-10-29Thematic

002463.SZ300308.SZ600183.SHMSFTZhongji Innolight·Top pickShengyi Technology·Top pickWUS Printed Circuit·Top pickMicrosoft capex: ~USD170bnCY2026

Nomura·2026-10-28Thematic

Nomura·2026-10-27Thematic

300308.SZ688498.SH

Nomura·2026-10-25Thematic

UNITREE

Nomura·2026-10-23Thematic

AMZN GOOGL META

Nomura·2026-10-23Thematic

UNITREE NVDA TSLA

Nomura·2026-10-08Thematic

6762.T6981.TMurata Manufacturing·Top pickTDK·Top pick

Nomura·2026-10-08Thematic

Nomura·2026-10-07Thematic

Nomura·2026-09-29Thematic

GOOGL NVDA

Nomura·2026-09-22Thematic

002281.SZ300308.SZYOFC NVDA

Nomura·2026-09-11Thematic

0268.HK3896.HK688111.SHBABAGDS.USVNET.US

Nomura·2026-09-04Thematic

000725.SZ300433.SZChina humanoid robotics·Neutral

Nomura·2026-08-19Thematic

China commercial space·Neutral

Nomura·2026-08-15Thematic

0763.HK300274.SZChina inverters·UnderweightChina robotics·Underweight

Nomura·2026-06-02Thematic

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

Global Robotics: Physical AI data: volume up, prices down

Global AI Trend Tracker: Alphabet’s 3Q26 results read-through

Global AI Trend Tracker: Microsoft’s September quarter results read-through

China Internet & New Media: Takeaways from Together AI expert call

Global AI Trend Tracker: Optical communication chip market trend

Global Robotics: SuperMimic cuts control compute by - 1,000x

Global Memory: The unstoppable race

Global Robotics: The ChatGPT moment comes into view

ANCHOR REPORT-Al data center power supply market Development of new GPU power delivery networks and demand for passive

China Internet & New Media: Moonshot AI: scaling intelligence with efficiency

Global advanced manufacturing: Pillar Two: 15% floor binding

Global AI Trend Tracker: AI expert call 74: OCS, CPO, and optical transceivers update

Global AI Trend Tracker: AI expert call 73: optical comm sector update – electrical chips

Global AI Trend Tracker: AI networking – scale-across & scale-in

ANCHOR REPORT: China AI value chain – sustainable AI investment drives better ROI

China advanced manufacturing: Shenzhen tour takeaways

China Aerospace: Zhuque-3 completes China’s 1st land recovery

China inverter and robotics: FCC: forward-looking; structurally binding

India datacenters: A decadal growth opportunity