Group 1 - The semiconductor sector is under pressure due to President Trump's threat to increase tariffs, leading to a decline in emerging market stocks, with the MSCI Emerging Markets Index down by 0.2% primarily due to TSMC's stock drop [1] - TSMC's stock fell by 2.2%, marking its largest decline since June 23, following the arrest of six individuals for allegedly stealing trade secrets, raising concerns about national security vulnerabilities [3] - The overall sentiment in the chip industry is negative, compounded by Trump's announcement of impending tariffs on semiconductor imports and disappointing earnings reports from companies like Super Micro Computer and GlobalFoundries [3] Group 2 - Emerging market stocks are being reassessed after a seven-month rally, with geopolitical tensions and weak consumer economies contributing to the cautious outlook [1] - Indian bonds declined as the country became a target of Trump's harshest tariff measures, with the 10-year bond yield rising by 7 basis points to 6.40% [4] - The South African Rand and Mexican Peso showed resilience in the currency market, benefiting from expectations of a rate cut by the Federal Reserve [5]

Core Viewpoint - TSMC has established itself as the leading player in the foundry industry through strategic technological advancements and expansions over the decades, starting from its inception in 1986 to becoming a dominant force in semiconductor manufacturing [2]. Phase 1 - Initiation - TSMC was founded in 1986 with an initial capital of $48 million, primarily funded by the Taiwanese government and Philips [4]. - The company began production in 1987 using 6-inch wafers and quickly advanced to 3.0-micron technology, marking its first significant production milestone [4][5]. - By 1994, TSMC had developed a 0.6-micron process and achieved a sales increase from NT$2.2 billion to NT$19.3 billion between 1990 and 1994, indicating a robust growth trajectory [7]. Phase 2 - Expansion and Catch-Up - In 1995, TSMC launched its 8-inch Fab III and introduced tungsten plugs, enhancing its manufacturing capabilities [11]. - The company achieved NT$50 billion in revenue in 1998, despite a semiconductor downturn, and began producing 0.22-micron nodes [14]. - By 2000, TSMC's sales grew by 127% compared to 1999, with a compound annual growth rate of 50% from 1992 to 2000 [19]. Phase 3 - Leveling Up and Leading - TSMC's 180nm node positioned it competitively against major manufacturers like IBM and Intel, with a slight edge in the use of fluorosilicate glass (FSG) [24]. - Despite a 32% decline in the semiconductor market in 2001, TSMC's 150nm products still accounted for 21% of sales by Q4 [26]. - The introduction of 130nm technology in 2002 marked a significant milestone, with TSMC adopting copper interconnects and low-k dielectrics [29]. Phase 4 - 300mm and Consolidation - TSMC's 90nm process was the first to achieve full production on 300mm wafers, adopted by over 30 customers in its launch year [37]. - By 2006, TSMC had become the largest foundry globally, with a sales figure 2.5 times higher than its nearest competitor [46]. - The establishment of "GigaFabs" aimed at enhancing manufacturing excellence through automation and efficiency [49]. Phase 5 - HKMG and Expansion - In 2010, TSMC announced the construction of its third 300mm fab, focusing on 40nm and 28nm processes, while also developing high-k metal gate (HKMG) technology [63]. - The introduction of 20nm technology in 2014 required advanced double patterning techniques, showcasing TSMC's commitment to cutting-edge manufacturing [84]. - By 2011, TSMC's monthly capacity exceeded 270,000 wafers, reflecting significant growth despite a challenging semiconductor market [80]. Conclusion - TSMC's journey from a startup to a semiconductor powerhouse illustrates its strategic focus on innovation, capacity expansion, and technological leadership, solidifying its position in the global market [2].

Group 1 - TSMC's 2nm technology has been leaked, involving former employees who allegedly obtained confidential information and shared it with Tokyo Electron employees [1][2] - A total of nine individuals are implicated in the case, including engineers from TSMC's R&D and production departments [1] - TSMC has confirmed the detection of unauthorized activities through its monitoring systems and has initiated legal actions against the involved parties [1] Group 2 - The 2nm process is currently the most advanced chip manufacturing technology globally, with only a few companies, including TSMC, Samsung, Intel, and Japan's Rapidus, actively developing it [2] - The leak could significantly alter the competitive landscape in chip manufacturing, especially for competitors like Samsung and Rapidus who are also working on 2nm technology [2] - The timing of the leak coincides with the U.S. initiating a national security investigation into semiconductor imports, raising potential political and economic risks [2]

台积电全力冲刺年底前量产2纳米先进制程之时，却被曝出重大泄密事件。 台积电昨日证实，因2纳米制程商业秘密泄漏开除多名员工。 台积电指出，近期在常规的监控情况下侦测到违规行为，经内部调查发现涉及商业秘密泄漏情况。由于公司建立全面及完备的监控机制，得 以及早发现，已对涉事违规人员进行严厉惩处，并采取相关法律行动，此案已进入司法程序。 台积电强调，对任何违反公司保护商业秘密规定，以及损害公司利益的行为秉持零容忍的态度，绝对从严处理，追究到底。 但有半导体分析师指出，该案件在判定东京电子或Rapidus是否侵权，还是非法使用商业秘密的问题上存在认定难度。 经调查，此次事件约有10人涉案。其中1人为跳槽至东京电子的台积电前员工，已被收押。 他与过去在台积电工作期间认识的先进制程研发 人员取得联系，从而获得台积电商业秘密。 有6人为研发中心人员，因在职期间通过网络传送2纳米相关资料，已被台积电调离原单位。 另3人为2纳米试产人员，他们在居家远程工作期间，违规连接内网，利用手机拍摄大量资料，至少将400多张制程整合技术照泄露给东京电 子员工，证据确凿，台积电对他们直接开除并移交司法部门。检方讯问后向智财及商业法院申请羁押获 ...

(责任编辑：宋政 HN002) 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 格隆汇8月6日｜天风国际证券分析师郭明錤表示，特朗普说台积电要投资美国3000亿美元。台积电官方 说的投资金额是1650亿美元，特朗普先前说的金额是2000亿美元。特朗普进一步将投资金额提高到3000 亿美元，像是为即将到来的半导体关税暖身，符合特朗普自己说过的"先提出一个极高的数字，再往下 谈"的做法。近期市场传言美方要求台积电入股英特尔49%或追加投资4000亿美元，即台积电总共要投 资美国5650亿美元，远高于特朗普说的3000亿美元，代表市场传言非事实。 ...

天风国际证券分析师郭明錤表示，特朗普说台积电要投资美国3000亿美元。台积电官方说的投资金额是 1650亿美元，特朗普先前说的金额是2000亿美元。特朗普进一步将投资金额提高到3000亿美元，像是为 即将到来的半导体关税暖身，符合特朗普自己说过的"先提出一个极高的数字，再往下谈"的做法。 本文源自：金融界 近期市场传言美方要求台积电入股英特尔49%或追加投资4000亿美元，即台积电总共要投资美国5650亿 美元，远高于特朗普说的3000亿美元，代表市场传言非事实。 ...

有研新材在互动平台表示，台积电、英特尔、中芯国际、长江存储等都是公司重要的客户。 ...

Trump說台積電要投資美國3,000億美元1. 台積電官方說的投資金額是1,650億美元，Trump先前說的金額是2,000億美元。Trump進一步將投資金額提高到3,000億美元，像是為即將到來的半導體關稅暖身，符合Trump自己說過的「先提出一個極高的數字，再往下談」的做法。2. 近期市場傳言美台政府談判關稅時，Trump/美方要求台積電入股Intel 49%或追加投資4,000億美元。然而，我的理解是，美台灣關稅談判並沒有提到台積電。Trump單方面提到台積電要投資美國300億美元的發言，也算驗證了我的觀點 - 如果有需要，美國政府可以單方面發言或直接找台積電。3. 如果上述市場傳言為真，台積電總共要投資美國5,650億美元，遠高於Trump說的3,000億美元，代表市場傳言非事實。4. 美國政府部分人士先前的確將台積電入股，作為振興Intel的多種潛在方案之一，但隨著美國政府越來越理解Intel實際上面臨的挑戰，以及現任CEO陳立武上台後，目前這樣的聲音已經顯著減少了。來源：https://t.co/FF2GfGIe2V ...

Trump says TSMC will invest $300 billion in the US1. TSMC's officially announced investment is $165 billion, while Trump previously stated $200 billion. His further escalation to $300 billion seems to be laying the groundwork for upcoming semiconductor tariffs, consistent with his stated approach of "starting with an extremely high number, then negotiating down."2. Recent market rumors suggest that during US-Taiwan tariff negotiations, Trump/the US demanded TSMC take a 49% stake in Intel or invest an additi ...

Investment & Financial Analysis - TSMC's official investment in the US is $165 billion, while Trump initially mentioned $200 billion, and later increased it to $300 billion [1] - Market rumors suggested that during tariff negotiations, the US requested TSMC to invest an additional $400 billion or acquire 49% of Intel [2] - If the market rumors were true, TSMC's total investment in the US would reach $565 billion, significantly higher than Trump's $300 billion, indicating the rumors are likely false [3] Government & Policy Impact - Trump's increased investment figure from TSMC could be a prelude to upcoming semiconductor tariffs, aligning with his strategy of "proposing a very high number first, then negotiating down" [1] - The US government might unilaterally make statements or directly engage with TSMC if needed, regardless of formal negotiations [2] - Some within the US government previously considered TSMC's investment as a potential solution to revitalize Intel, but this idea has diminished with a better understanding of Intel's challenges and the appointment of its new CEO [4]