半导体芯闻·2025-11-10 10:56Core Viewpoint - TSMC is experiencing a surge in demand for AI chips, leading to increased capital expenditures and expansion plans for new facilities to meet this demand [2][4][5]. Group 1: TSMC's Supply Chain Management Forum - TSMC will hold its 2025 Supply Chain Management Forum on the 13th, which is considered a significant event in the semiconductor supply chain, with attendance from major international equipment and materials companies [2][3]. - The forum will feature TSMC's leadership, including Chairman Wei Zhejia and other senior executives, and is expected to attract hundreds of suppliers and partners [3]. Group 2: Capital Expenditure and Expansion Plans - TSMC's capital expenditure for next year is projected to increase to between $45 billion and $50 billion, with plans to build 12 new facilities in Taiwan, including advanced process wafer fabs and advanced packaging plants [2][4][5]. - Approximately 70% of the capital expenditure will be allocated to advanced processes, while 10% to 20% will be for special processes and the remaining for advanced packaging and testing [4]. Group 3: AI Chip Demand and Market Dynamics - The demand for AI chips is described as extremely strong, with TSMC's 3nm process facing tight supply and the newly launched 2nm process also in high demand [4][5]. - Despite a slowdown in TSMC's revenue growth in October, industry leaders remain optimistic about AI-driven growth, with significant investments planned by major tech companies [6][7]. Group 4: Industry Sentiment and Future Outlook - Industry executives, including NVIDIA's CEO Jensen Huang, express confidence in the ongoing demand for AI chips, indicating that the market is still growing month by month [6][7]. - TSMC's stock has risen approximately 37% since the beginning of the year, reflecting positive market sentiment despite recent concerns about high valuations in the semiconductor sector [6].