国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 9月12日消息，据报道，由于NVIDIA等公司在AI芯片领域的快速发展，台积电的先进封装服务需求激增，被迫提前数月安排生产计划。 台积电在CoWoS等先进封装技术领域占据主导地位，是该技术的主要供应商之一，然而面对巨大的市场需求，台积电已无法独自满足客户的需求。 台积电先进封装技术副总经理表示，公司必须加快封装产品路线图的制定，以跟上NVIDIA等公司的AI量产路线图。 报道指出，由于客户迫使台积电将生产流程加快了四分之三以上，有时甚至加快了一年，传统的"按部就班、顺序"部署封装生产线的方式已不再可行。 为了应对这一挑战，台积电正在采取一系列"面向未来"的策略，包括提前订购所需设备，并与本地封装供应商合作，组建了"3DIC先进封装制造联盟"，联 盟成员包括台积电、日月光和多家公司。 NVIDIA等AI GPU制造商的产品周期通常为6个月到一年，这使得对CoWoS、SoIC等先进封装技术的需求持续高涨。 ***************END*************** 半导体公众号推荐 半导体论坛百 ...

台积电（ NYSE： TSM ）于 2025 年 7 月 17 日发布的最新财报显示，业绩远超预期，同比增长显著。2025 年第二季度营收为 317.3 亿美元 （同比增长 54%），每股收益同比增长 66%，从 1.48 美元增至 2.47 美元。 值得注意的是，第二季度每股收益的增长完全来自核心运营利润，而非任何一次性收入增长。截至 2025 年第二季度，杠杆自由现金流 (FCF) 为 45 亿美元，而 2024 年第二季度为 41 亿美元。尽管净资本支出从去年同期的 63 亿美元增至 102 亿美元，但这一增长依然强劲。 | Announce Date | 7/17/2025 | | --- | --- | | EPS Normalized Actual | $2.47 (Beat by $0.16) | | EPS GAAP Actual | $2.47 (Beat by $0.14) | | Revenue Actual | $31.73B | | Revenue Surprise | Beat by $438.46M | 利润率也大幅提升。第二季度毛利率由去年同期的53.2%升至58.6%，营业利 ...

Truckloads of money are being spent on AI computing equipment currently.Artificial intelligence (AI) investing is what's keeping the market propped up right now. A significant amount of money is being spent on building AI computing infrastructure, and numerous businesses are benefiting from this spending trend.By picking up shares of companies that are benefiting from the spending now, investors can ensure they're not buying into hype.I've got five stocks that meet this criteria, and each looks like a great ...

Branch Evelyn Yu Presenters: We hosted Wendell Huang (CFO) and Jeff Su (Head of Investor Relations) from TSMC (2330.TW) during the annual GS Communacopia + Technology Conference held on September 8-11 in San Francisco. Bottom line: Discussions were centered on 1) advanced node peak capacity higher than before driven by smartphone/HPC demand, 2) N3/N5 capacity continue to grow via capacity conversion with tool commonality being 90% or higher, 3) advanced packaging is expected to grow faster than corporate av ...

Core Viewpoint - TSMC's recent business adjustments, including exiting specific sectors and consolidating wafer fabs, are strategic moves to adapt to market changes and enhance its competitive position in the semiconductor industry [6]. Group 1: Business Adjustments - TSMC plans to exit the GaN foundry business within two years and close the 6-inch Fab 2 in Hsinchu Science Park, Taiwan [3]. - The company will consolidate three 8-inch fabs (Fab 3, Fab 5, and Fab 8) and redeploy up to 30% of its workforce to the Southern Taiwan Science Park (STSP) and Kaohsiung factories [3][4]. - These adjustments aim to address labor shortages, reduce costs, and optimize asset utilization by reallocating human resources and integrating wafer fabs [3]. Group 2: Advanced Packaging and Technology Development - TSMC is transforming the 6-inch fab into a CoPoS panel-level packaging facility to meet the increasing demands for advanced packaging technologies due to enhanced chip performance [4]. - The company is focusing on developing EUV protective film technology to improve yield and control costs, as EUV lithography is critical for new process nodes [5]. - TSMC has reduced orders for High NA EUV systems and is establishing the 8-inch Fab 3 as an internal R&D center for EUV protective films to decrease reliance on ASML and its supply chain [5]. Group 3: Market Position and Industry Impact - TSMC's strategic adjustments are expected to strengthen its leading position in the semiconductor industry and trigger a chain reaction that promotes higher industry standards [6]. - The shift towards proprietary protective films is anticipated to optimize processes, enhance yield, expand capacity, and lower costs, thereby improving profitability and maintaining TSMC's competitive edge [5].

Janus Henderson Denny Fish co-manages the Janus Henderson Global Technology and Innovation Fund (JAGTX). His fund is up 136% since October 2022 vs. 81% for the S&P 500. Fish told Business Insider which stocks he's most bullish on right now. Before his portfolio management days, Denny Fish worked as a sales manager at Oracle. He saw the incredible demand for its software products as the dot-com boom flourished, an experience that would later inform his mindset as an investor: What was the next revol ...

I am a highly experienced Chief Financial Officer (CFO) with a strong background in the oilfield and real estate industries. With over a decade of experience in finance, I have led numerous complex due diligence efforts and M&A transactions, both domestically and internationally.In recent years, I have developed a keen interest in equity research and analysis of public companies. This interest has led me to render equity research services for a Dubai-based family office with over $20 million in assets under ...

Wall Street is demonstrating robust momentum this Thursday, September 11, 2025, with major U.S. stock indexes largely ticking higher and several hovering near or setting new record highs during midday trading. The overarching sentiment remains optimistic, largely fueled by persistent expectations that the Federal Reserve will initiate interest rate cuts at its upcoming meeting next week. Investors are carefully navigating a mixed bag of economic data, balancing signs of easing wholesale inflation with a sli ...

3:33 AM ETNvidia stock is on track for a four-day winning streak... BREAKING: Core CPI Steady, Jobless Claims Highest Since Oct. 2021 Taiwan Semiconductor (TSM) is Thursday's selection for IBD 50 Stocks To Watch as it heads for a seven-day winning streak. TSM stock currently hovers just above the top of a 5% buy zone from an entry at 248.28. Shares are trading just a notch above their buy zone that goes up to 260.70. TSM stock broke out of an early- stage… Related news Nvidia Stock On Win Streak Amid Analys ...

Summary of TSMC Conference Call Company Overview - **Company**: TSMC (Taiwan Semiconductor Manufacturing Company) - **Industry**: Semiconductor Manufacturing Key Points and Arguments Q3 Revenue Expectations - TSMC expects Q3 revenue to exceed previous guidance, with growth potentially reaching 10%, driven by strong demand from Apple’s iPhone 17 series, AI demand, full utilization of N5 nodes, depreciation of the New Taiwan Dollar, and a strong US dollar [1][3][4] Full Year Revenue Growth - Full-year revenue growth is anticipated to exceed 30%, with actual growth possibly between 33% and 35%. This is attributed to reduced uncertainty in tariff policies and price increases in certain nodes [1][4] AI and Mature Process Developments - TSMC's AI segment is expected to see price increases by late 2025 or early 2026. The mature process segment shows signs of recovery, with demand in packaging and testing increasing [1][5] Geopolitical Impact - The US has revoked TSMC's VEU license for its Nanjing factory, affecting the expansion of the 16nm production line. However, the overall impact is limited as the factory is operating near full capacity [1][6][8] Nanjing Factory Contribution - The Nanjing factory accounts for approximately 4% of TSMC's total production and contributes about 3% to revenue. Even with potential revenue declines, the overall impact on TSMC is minimal [1][8] Intel's Competitive Position - Despite US government support for Intel, TSMC maintains a competitive edge due to its advanced process nodes. Intel's 18A node is behind schedule, and TSMC is expected to dominate the 2nm node market [1][9][13] Advanced Process Progress - TSMC plans to mass-produce the N2 node in the second half of 2025, with orders starting in Q1 2026. This includes significant orders from Apple and Qualcomm [1][10][11] Data Center AI Business Growth - TSMC projects a compound annual growth rate of approximately 45% for its data center AI business over the next five years, driven by increased capital expenditures from major cloud service providers [1][12] Valuation Factors - Recent easing of tariffs, stable exchange rates, and expected price increases in advanced processes are expected to positively influence TSMC's valuation. The current PB ratio is around 8, which is relatively high, but future growth prospects remain strong [1][14][15] Investment Recommendation - TSMC is recommended as a buy due to its competitive position, expected revenue growth, and favorable market conditions in the semiconductor industry [1][15]