国泰海通｜海外科技：GPT5性能出众，加速算力投资

Core Insights - TSMC's 2nm technology leak has resulted in the dismissal of multiple employees, raising concerns about the company's reputation and trust [2] - OpenAI has officially released GPT-5, showcasing significant advancements in various fields, which is expected to boost capital expenditure in AI infrastructure [3] - Elon Musk has halted the Dojo chip project at Tesla, indicating a strategic shift towards reliance on traditional computing chips [4] Group 1: TSMC Incident - TSMC confirmed on August 5 that it has dismissed several employees due to the leak of 2nm process trade secrets, involving around 10 individuals [2] - One individual, a former employee who moved to Tokyo Electron, has been arrested for obtaining secrets through connections with advanced process R&D personnel [2] - The incident has caused significant reputational damage and a trust crisis for TSMC, necessitating resource integration and confidence rebuilding to meet production targets [2] Group 2: OpenAI Developments - OpenAI officially launched GPT-5 on August 7, which surpasses previous models in coding, mathematics, writing, health, and visual perception [3] - GPT-5 can create aesthetically pleasing websites and applications with a single prompt and excels in debugging large codebases [3] - The release of two new open-source models, gpt-oss-120b and gpt-oss-20b, marks OpenAI's return to the open ecosystem after six years, reinforcing market expectations for AI model applications [3] Group 3: Tesla's Strategic Shift - Elon Musk ordered the closure of the Dojo supercomputer project on August 7, which was intended for training AI models for autonomous driving and robotics [4] - This decision reflects a deep adjustment in Tesla's AI computing strategy, as evidenced by the mention of new NVIDIA H200 clusters in the company's Q2 2025 financial report [4] - The termination of the Dojo project highlights the challenges of custom chip development, prompting AI companies to increase investments in traditional computing chips [4]