AAPL plans a low-cost MacBook; Lei Jun says the new SU7 is set for Apr | Daily News Recap

0205 | Dolphin Research Focus:

🐬 Stocks

1.$XIAOMI-W(01810.HK)

Lei Jun announced the next-gen Xiaomi SU7 will hit the market in Apr 2026, with preorders opening in parallel. The new lineup standardizes LiDAR and upgrades AD, range, and chassis.

Low-deposit preorders help lock in intent demand and build a pipeline for annual deliveries, while iteration fixes first-gen gaps. Near term, this should lift auto sales expectations; track capacity ramp, order conversion, and rivals' price cuts.

2.$Apple(AAPL.US)

Apple plans its first entry-level MacBook, powered by an iPhone-class chip, priced below $799 and with 8GB RAM. It will support Apple Intelligence and target students and budget office users.

Reusing chip platforms lowers costs and breaks the Mac high-price barrier, pushing down-market to capture entry laptops and expand the macOS user base. Watch pricing, capacity, and potential cannibalization of MacBook Air.

3.$MNSO(09896.HK)

MINISO surged over 5% in HK against the tape, with turnover spiking. The company became the CCTV 2026 Spring Festival Gala designer-toy partner, and its Year of the Horse co-branded series went live on Feb 4.

This is MINISO's first SFG tie-up and should notably boost holiday sales and brand impact, serving as a direct catalyst for the stock.

4.$Taiwan Semiconductor(TSM.US)

TSMC will upgrade the process at its second Kumamoto fab from 6nm to 3nm for volume production, lifting total investment from $12.2bn to $17.0bn with support from the Japanese Gov. This marks its first overseas 3nm line.

The move diversifies geo capacity risk, sits closer to Japanese auto and AI chip customers, and aids Japan's semi upgrade, while intensifying competition in high-end foundry.

5.$Oracle(ORCL.US)

Oracle issued $25bn in bonds and plans to sell up to $20bn in stock from time to time, with proceeds mainly for AI cloud infrastructure. The debt-equity mix optimizes the capital structure and eases AI reinvestment leverage.

It supports long-term cloud expansion, but near-term equity dilution may weigh on the stock. Watch ROI on AI projects.

6.$Disney(DIS.US)

Disney named Josh D'Amaro as the new CEO, while Dana Walden was promoted to President & Chief Creative Officer. Both take office in Mar, and former CEO Iger will retire at year-end.

7.$Intel(INTC.US)

Intel announced it will begin producing GPUs, entering the NVIDIA-dominated market with chips for AI training and inference, and forming a dedicated R&D team. The move fills out its AI compute portfolio.

Leveraging OneAPI to chip away at NVIDIA's CUDA moat and its foundry edge to win share, Intel is unlikely to unseat the leader near term. Longer term, competition should intensify and drive AI compute costs lower.

8. Dolphin Research earnings and Trans highlights

Google: '[Google: Big Tech Goes Wild, Doubles Down on AI](https://longbridge.cn/zh-CN/topics/38478236?channel=WHAB0001)'，'[Google (Trans): Capacity (energy, land, supply chain) likely constrained all year](https://longbridge.com/zh-CN/topics/38479279?channel=WHAB0001)'

Uber: '[Uber: Strong Prints, Sharp Selloff — Will TSLA Eat Its Lunch?](https://longbridge.cn/zh-CN/topics/38465027?channel=WHAB0001)'，'[Uber (Trans): 3P model will be the eventual winner for Robotaxi](https://longbridge.cn/zh-CN/topics/38468310?channel=WHAB0001)'

Qualcomm: '[Qualcomm: Memory Crunch Deepens — Handset Names Can't Dodge the Hit?](https://longbridge.cn/zh-CN/topics/38476249?channel=WHAB0001)'，'[Qualcomm (Trans): Memory shortages pushing OEMs to cut production plans](https://longbridge.cn/zh-CN/topics/38482467?channel=WHAB0001)'

🐬 Top Gainers by Sector

A-shares: Tobacco, Professional Financial Services, Movies & Entertainment.

HK: Tobacco, Insurance Brokers, Restaurants.

US: Drug Retail, Forest Products, Industrial Chemicals.

🐬 Watch Tomorrow

1. Amazon, Roblox, and Reddit report earnings.

Risk disclosure and statement: Dolphin Research Disclaimer & General Disclosure