但是，苹果全球采购负责人戴维.汤姆(David Tom)表示，这一投资承诺还包括苹果计划今年从台积电亚 利桑那州工厂采购的超过1亿颗芯片。他提到该芯片制造工厂时说："我们将尽可能多地采购这座工厂的 产出。" 台积电亚利桑那州工厂 凤凰网科技讯北京时间2月24日，《华尔街日报》周一发文，披露了苹果公司在美国打造本土制造芯片 的内幕。文章称，苹果正利用其采购能力和投资，推动包括台积电亚利桑那州工厂在内的美国本土芯片 生产，以实现供应链多元化。 在菲尼克斯以北约30分钟车程、散布着仙人掌的一片荒凉土地上，30多台塔吊耸立在一个建筑工地上。 这个工地的面积是纽约中央公园的2.5倍。一座巨型芯片制造厂正在拔地而起，它承载着美国振兴这一 关键产业的希望。 该工厂的最大客户是苹果，该公司正利用其强大的采购能力来助力提升美国的芯片产量。这家公司正寻 求供应链多元化，争取关税豁免，并响应两任总统的号召，帮助美国减少在现代经济基础技术上对外国 供应商的依赖。 全球最大芯片制造商台积电正在建设该厂址，这家公司计划斥资1650亿美元建造六座芯片工厂及更多设 施，使其成为美国最大的建设项目之一。 在特朗普政府的压力下，苹果去年承诺未来 ...

美国银行分析师西蒙・伍在其最新的存储器报告中指出，如果，三星电子和 SK 海力士第一季度的合并营业利 润 (OP) 可能超过，超越台积电。 他还补充道，由于预计 4 月份存储芯片价格将进一步上涨，每家韩国存储器公司的季度营业利润都可能轻松超 过。 美国银行分析师西蒙・伍在其最新的存储器报告中指出，如果，三星电子和 SK 海力士第一季度的合并营业利 润 (OP) 可能超过，超越台积电。 他还补充道，由于预计 4 月份存储芯片价格将进一步上涨，每家韩国存储器公司的季度营业利润都可能轻松超 过。 ...

Report Summary 1. Report's Industry Investment Rating No relevant information provided. 2. Core Viewpoints - Global financial markets are affected by multiple factors including geopolitical tensions, tariff policies, and corporate earnings, leading to significant fluctuations in various asset classes. For example, the US stock market declined due to Trump's tariff plan and EU's suspension of the trade - agreement approval, while the precious metals market rose due to increased risk - aversion [5][6]. - The energy market is influenced by the Iran - US nuclear negotiation, with expectations of increased Iranian oil supply putting downward pressure on oil prices [7]. 3. Summary by Directory Overnight Night - Market Trends - **Stock Markets**: US major indices (Dow, S&P 500, Nasdaq) fell, with IBM and American Express leading the decline. European indices (DAX, CAC40, FTSE 100) also closed lower. The reasons include Trump's tariff plan and EU's suspension of trade - agreement approval [5]. - **Precious Metals**: COMEX gold and silver futures rose due to increased risk - aversion from geopolitical tensions, tariff policy changes, and other factors [6]. - **Energy**: US crude oil and Brent oil futures fell as the Iran - US nuclear negotiation showed signs of progress, increasing the expectation of more Iranian oil supply [7]. - **Base Metals**: Most London base metals declined, except for LME tin which rose [7]. Important News Macro News - Shanghai Export Container Settlement Freight Index for European routes dropped 2.1%. The US will stop collecting certain illegal tariffs. There is still a risk of US military strikes against Iran. India postponed a trade delegation plan. China is assessing the impact of US tariff rulings and urges the US to cancel unilateral tariffs. The EU suspended the approval of a trade agreement with the US. The Trump administration is considering new "national security tariffs" [9][11]. Energy Futures - Saudi Aramco sold condensate oil. Methanol supply in Southeast Asia is restricted due to planned maintenance. Goldman Sachs and Morgan Stanley have different forecasts for oil prices, with Goldman Sachs raising price forecasts for Q4 2026 and 2027, and Morgan Stanley expecting a short - term increase followed by a decline [14][16][18]. Metal Futures - The US energy storage market is expected to grow 21%. Lebanon may sell part of its gold reserves. UBS is positive on gold, with a target price of $6200/ounce [20][21]. Black - Series Futures - China's iron ore arrivals decreased, but global iron ore shipments increased. Vietnam plans to build a large - scale steel plant. The blast furnace capacity utilization rate of Chinese pig - iron enterprises decreased, and inventory increased [23][25]. Agricultural Products Futures - Malaysian palm oil production and exports decreased in February. Argentina's soybean moisture conditions improved, and the production forecast remains unchanged [27][28]. Financial Markets Financial - 143 companies have submitted IPO applications in the Hong Kong stock market in 2026. Deloitte predicts a better performance in the Hong Kong IPO market this year [30]. Industry - Payment transactions on Chinese New Year's Eve increased. The real - estate market may show more stabilization signals. China's AI governance system is maturing [31]. Overseas - The US may adjust tariff application methods and continue steel - aluminum tariffs. The Fed has about 75 basis - points to reach the neutral rate. India plans to invest $200 billion in AI. The Australian central bank may tighten policy. UK unemployment reached a new high [32][34][35]. International Stock Markets - US and European stock markets rose, while the Japanese market fell. High - end companies made significant stock - position adjustments. The UK may adjust accounting rules to attract Chinese companies. Australia simplifies corporate governance rules. Some companies announced major transactions or reported good earnings [36][38][41]. Commodities - Precious metals, oil, and most base metals futures fell due to factors such as progress in the Iran - US nuclear negotiation and reduced risk - aversion [43]. Bonds - US Treasury yields had mixed changes. Japanese bonds rose, and the 2029 fiscal - year bond issuance may increase [45]. Foreign Exchange - The US dollar index rose slightly, and most non - US currencies fell [46]. Upcoming Economic Data and Events - **Economic Data**: Include Japan's trade balance, UK's inflation and housing - price index, US's new - home construction, and other data [48]. - **Events**: New Zealand's central - bank rate decision, European Central Bank officials' speeches, and the Fed's release of meeting minutes [50]. - **Market Closures**: Chinese, South Korean, and Vietnamese stock markets are closed due to the Spring Festival [52].

【环球时报特约记者 陈立非】台美在春节前签署了所谓的"台美对等贸易协定（ART）"，民进党随后 大肆宣传"台美贸易谈判成果"，结果不到10天，美国总统特朗普的关税政策就被美国最高法院判违法。 随后特朗普宣布对全球范围输美商品加征15%的关税。"之前的白谈了？"成为岛内连日来的核心焦虑。 "谈了赔本买卖" 据台湾联合新闻网2月23日报道，当天是农历春节假期后岛内第一个上班日。台湾地区领导人赖清德与 副手萧美琴邀请"行政院长"卓荣泰、"立法院长"韩国瑜等"五院院长"到其办公地进行新春茶叙。虽然茶 叙不开放采访，但岛内普遍猜测，关税是焦点议题。 台湾《中国时报》23日称，台"立法院"24日开议，将陆续审议一连串大案。"行政院长"卓荣泰24日将 在"立法院"作施政报告并接受质询，3月3日就台美关税谈判结果及其影响在"立法院"作项目报告。 据台湾"中央社"报道，美东时间2月12日"台美对等贸易协定（ART）"完成签署，台湾"确立对等关税 15%不叠加及232关税最优惠"等。 岛内经常评论时事的医师沈政男22日表示，特朗普关税政策被判违法，等同美国关税"核心武器被拆 解"，不仅重挫美国施压能力，也让过去数月各方谈判的成果 ...

Core Insights - NVIDIA Corporation (NVDA) is experiencing strong quarter-over-quarter earnings, driven by high demand for its Blackwell chips, expanding AI partnerships, and increased data center investments, indicating long-term growth potential [1] - Despite this, NVIDIA's shares have only risen 1.8% year to date, underperforming compared to other AI companies like TSMC, Micron, and Supermicro, which have seen significant stock price increases [2] NVIDIA Corporation - NVIDIA's fiscal 2026 fourth quarter is expected to reflect continued strong performance due to relentless demand for its chips and AI-driven partnerships [1] Taiwan Semiconductor Manufacturing Company (TSMC) - TSMC is benefiting from rising data center demand, with expected revenues for Q1 2026 projected between $34.6 billion and $35.8 billion, marking a 25.5% year-over-year increase and a 1.9% quarter-over-quarter rise [5] - TSMC anticipates improved profit margins, projecting a gross margin of 63% to 65% for Q1 2026, up from 62.3% in Q4 2025, with an expected earnings growth rate of 53.8% for the current quarter [6] Micron Technology, Inc. - Micron is poised for solid growth due to increased demand for its high-bandwidth memory (HBM) chips, driven by data center operators and AI hyperscalers [7] - The company expects fiscal Q2 2026 revenues between $18.3 billion and $19.1 billion, up from $13.64 billion in Q1 2026, with projected earnings growth rates of 444.9% for the current quarter and 307.6% for the full year [8][9] Super Micro Computer, Inc. - Supermicro is set to benefit from rising AI hardware demand, with growing interest in its Data Center Building Block Solutions (DCBBS) among AI clients [10] - The company expects revenues for fiscal Q3 2026 to reach $12.3 billion, with full-year net sales projected to exceed $40 billion, and earnings growth rates of 103.2% for the current quarter and 7.8% for the full year [11]

Group 1 - Artificial intelligence (AI) is a global phenomenon, yet many U.S. investors focus primarily on domestic companies, which is understandable given the presence of major tech firms in the U.S. [1] - Smart investors should consider global opportunities, as some of the best investment prospects are found overseas, particularly in companies like Taiwan Semiconductor Manufacturing (TSMC), which plays a crucial role in AI growth [2] - TSMC's history dates back to the 1980s, but its roots trace back to Morris Chang, a key figure in semiconductor development since the 1950s [3][4] Group 2 - Morris Chang's career began at Texas Instruments in 1958, where he became a leading executive in semiconductor operations before leaving to address Taiwan's semiconductor industry challenges [3][4] - In the 1970s and 1980s, Taiwan faced economic and geopolitical pressures, prompting the government to identify semiconductor manufacturing as a key industry for sustainable development [4] - TSMC was established in 1987 with significant capital from Taiwan's sovereign wealth fund (48% stake) and technology support from Philips, which held a 28% stake [5]

Earnings season is in full swing. So far, Meta Platforms (NASDAQ: META) and Taiwan Semiconductor Manufacturing (NYSE: TSM) have stood out from the pack for their strong performance. The common theme? Artificial intelligence (AI) has presented remarkable growth opportunities, and both companies are effectively hitting it out of the park. As these businesses continue to reach new heights in the AI era, their share prices are bound to follow suit. Where to invest $1,000 right now? Our analyst team just reve ...

格隆汇2月23日｜台积电、阿斯麦跌超1%，美光科技跌近1%，英伟达微跌。 ...

据最新环评资料显示，「台南科学工业园区特定区（开发区块A）新建半导体厂计划」环境影响说明书 公开会议预计在2月24日举行。这块被外界视为加码兴建一座2nm晶圆厂的计划基地位于台南市安定 区，台南科学工业园区特定区之开发区块A范围，南侧临接「树谷园区」，东侧临接南科「台南园 区」。 台积电最新公布的新建厂计划环说书，正式公布计划基地面积约15.46公顷，同时计划期程也正式拍 板。据计划指出，预计2026年启动建筑规划、执照申请及现地开工等作业，2028年办理竣工及申领使 照，预定办理情形将依先期评估及工程作业等实际完成时程调整。 为应对AI芯片订单需求热，台积电规划继续加码投资2nm厂的脚步不停歇。据环评开发进度显示，台积 电去年提出在南科特定区A区区块新建半导体厂环评计划，基地面积约15.46公顷，规划2026年启动建筑 规划、执照申请及现地开工等作业，预计2028年完工启用。 英伟达（NVIDIA）CEO黄仁勋1月表示，英伟达今年需求量很大，更预期未来十年台积电产能可能增 长超过100％。台积电近年扩厂脚步不停歇，去年也提出在南科特定区A区区块新建半导体厂环评计 划，外传是为纾缓2nm订单。 ...

（原标题：玻璃，革命芯片？） 过去半个世纪以来，人类一直痴迷于让事物"更小"。这是在单个芯片上集成更多晶体管的唯一途径。将 晶体管缩小到10纳米、5纳米和3纳米，正是半导体技术的定义。但最终，物理定律给出了冷酷的判 决："你不可能再缩小了。" 对此，人们改变了想法。 "如果我们不能缩小单个单元的尺寸，为什么不把几个单元组合起来建造更大的东西呢?" 这一个问题改变了游戏规则。如今，核心关注点不再是芯片内部的微观电路，而是连接芯片的"桥梁"以 及支撑它们的"接地"。纳米级战争已经结束，微米级战争已经开始。 而在这片战场的正中央，矗立着一块透明的玻璃。 为什么芯片不能再大了 人工智能模型越来越大，芯片上需要集成的晶体管数量也随之增加。为了容纳更多晶体管，芯片尺寸必 须增大——但芯片尺寸存在一个无法突破的极限。 这就是良率问题。不能再小了，也不能再大了。单片芯片是条死路。 所以，业界的应对之策是反其道而行之。 分开，然后重新连接 想象一下，用3D打印机一次性打印出一座霍格沃茨城堡。如果打印过程中出现一个地方出错，整个作 品就得扔掉。但如果你用乐高积木搭建呢?一块坏的积木——换一块就行了。 Chiplet就像乐高积木。 ...