台积电凭 AI 与中国补贴双引擎，Q2 市占率猛增至 38%独占鳌头

Group 1 - TSMC's market share in the semiconductor foundry sector is projected to rise to 38% in Q2 2025, a 7 percentage point increase from 31% in the same period last year, driven by a 19% year-on-year increase in overall foundry revenue, largely due to strong demand for advanced processes and packaging technologies from AI applications, as well as a pull-in effect from China's subsidy policies [1] - Counterpoint forecasts that foundry revenue will continue to grow in Q3 2025, achieving a moderate single-digit growth rate [1] - TSMC is expected to maintain its leading position in advanced packaging technology, as chip designers increasingly rely on it to enhance performance, supported by TSMC's technological advantages and strong customer relationships [1] Group 2 - In comparison, most other foundry players, including IDM outsourcing shares, either maintained or slightly decreased their market shares in Q2, with Texas Instruments and Intel holding steady at 6%, Infineon dropping from 6% to 5%, and Samsung declining from 5% to 4% [1] - The main drivers for Q3 are expected to be the traditional peak season for consumer electronics, accelerated AI application orders, and existing subsidy policies in China [2]