电子行业先进科技主题周报-周观点：台积电Q3业绩超预期，高通推出“骁龙8至尊版”移动平台

Investment Rating - The industry investment rating is maintained at "Overweight" [3][6] Core Views - TSMC's Q3 revenue reached approximately $23.5 billion, a year-on-year increase of 36%, with net profit around $10.1 billion, up 54.2% year-on-year, driven by developments in AI and autonomous driving sectors [4] - Qualcomm launched the "Snapdragon 8 Gen 2" mobile platform, which is the fastest mobile system-on-chip to date, enhancing user experiences in generative AI applications [5] - The report emphasizes the importance of generative AI commercialization, suggesting a focus on companies with strong demand and high industry barriers [6] Market Review - The Shanghai Composite Index closed at 3261.56 points, with a weekly increase of 1.36%; the Shenzhen Component Index rose by 2.95% to 10357.68 points; the ChiNext Index increased by 4.49% to 2195.1 points; and the CSI 300 Index closed at 3925.23 points, up 0.98% [3] - The AI index rose by 7.59%, aligning with the overall market trend [3] Industry Dynamics - TSMC is advancing in semiconductor manufacturing technology, with plans for 2nm process technology mass production next year and ongoing development of 1.4nm and 1nm technologies [4] - The report highlights the potential of silicon photonics technology to meet the high computational demands of AI applications, positioning TSMC as a key player in the semiconductor industry's growth [4] - The report suggests focusing on specific sectors such as the AI/NVIDIA supply chain, PCB, low-altitude economy, and stable companies in the Beijing Stock Exchange [6]