传闻的英伟达LPU供应链名单 代工：台积电 （N3/N5制程） SRAM供应商：力积电、华邦电、钰创、爱普（都是台商，LPU通过片上SRAM绕开了HBM和CoWoS的瓶颈，因此 不依赖HBM三巨头（三星、SK海力士、美光） PCB：胜宏科技，沪电股份 Q布：菲利华 CCL覆铜板：台光（主供）和生益科技 代工：台积电 （N3/N5制程） SRAM供应商：力积电、华邦电、钰创、爱普（都是台商，LPU通过片上SRAM绕开了HBM和CoWoS的瓶颈，因此 不依赖HBM三巨头（三星、SK海力士、美光） PCB：胜宏科技，沪电股份 树脂：东材科技 树脂：东材科技 Q布：菲利华 CCL覆铜板：台光（主供）和生益科技 传闻的英伟达LPU供应链名单 封测：日月光（主供），通富微电，长电科技 （LPU无需复杂的CoWoS先进封装，主要采用传统封装） 服务器和机柜的系统集成代工：工业富联、广达、纬创。 ...

Investment Rating - The report indicates a positive outlook for the semiconductor and AI-related sectors, with strong revenue growth expected in 2026 [1][5]. Core Insights - The AI sector is experiencing robust demand, particularly in AI servers, HPC, and cloud data centers, contributing to a significant revenue increase for TSMC, which reported NT$401.26 billion in January 2026, a year-on-year growth of 36.8% [1][5]. - The report highlights that advanced packaging capacity remains tight, which is a critical factor supporting revenue growth [5]. - Companies like Xinxia and JY Electronics are also seeing substantial revenue increases due to the demand for AI-related applications and advanced testing requirements [1][8]. Summary by Sections AI Sector - TSMC's revenue in January 2026 reached NT$401.26 billion, driven by strong demand for AI servers and HPC, maintaining high utilization rates in advanced processes [1][5]. - Xinxia's revenue reached NT$9 billion, a year-on-year increase of 28.5%, reflecting the growing importance of server management chips in AI server architectures [7][8]. Advanced Packaging and Testing - JY Electronics reported NT$33.7 billion in revenue, a 41% year-on-year increase, driven by the complexity of next-generation GPU testing and increased demand for AI ASICs [8]. - Chroma ATE's revenue reached NT$38.3 billion, a 72.1% increase, supported by rising power testing demands and advanced packaging capacity expansion [8]. Semiconductor Manufacturing - UMC, VIS, and PSMC reported revenue increases of 5%, 18%, and 26% respectively, with PSMC achieving a 39-month revenue high due to rising memory wafer prices [15]. - Nanya Technology, Winbond, and Macronix reported significant revenue growth of 608%, 94%, and 51% respectively, driven by structural supply-demand imbalances in the memory market [16]. EMS Sector - Foxconn, Wistron, and Quanta reported revenues of NT$730.04 billion, NT$2,283.7 billion, and NT$2,308.3 billion respectively, with year-on-year growth rates of 36%, 152%, and 62% [12]. - Wistron's chairman emphasized that AI-related orders in 2026 will significantly exceed those of the previous year, indicating a strong outlook for the EMS sector [12]. Passive Components - YAGEO reported NT$130.3 billion in revenue, a 27% year-on-year increase, driven by strong demand from AI-related applications and pre-holiday stocking in Greater China [19].

彭博引述知情人士报导，英伟达（NVIDIA）将与Open AI达成协议，在OpenAI最近一轮筹资活动中投 资200亿美元，也写下英伟达对这家ChatGPT开发商单笔最大规模投资纪录。法人看好，随OpenAI再获 注资，台积电（2330）、鸿海、广达、纬创、台达电等供应链营运迎新动能。 知情人士透露，英伟达这笔注资已接近定案。不过，这项交易目前尚未最终敲定，具体条款仍有可能变 动。 彭博新闻先前报导，OpenAI在新一轮募资寻求高达1,000亿美元的资金，其中大部分来自科技巨擘。亚 马逊已对注资高达500亿美元进行讨论，软银则洽谈投资最多300亿美元。先前英国金融时报（FT）曾 报导，英伟达可能投资高达200亿美元。 另外，黄仁勋3日在休士顿一场会议上表示，目前在许多地方造成电网负担的大规模人工智慧（AI）产 能建设，最终将导致能源成本降低。 根据先前市场的推算，OpenAI整体估值约为8,300亿美元，已跻身全球最具影响力未上市科技企业之 列。 去年9月，黄仁勋和OpenAI执行长奥特曼共同宣布一项意向书，英伟达将分阶段向OpenAI投资高达 1,000亿美元。 OpenAI则将建立基于英伟达技术的AI基础 ...

Summary of Conference Call Records Company: Hongsheng Co., Ltd. (宏盛股份) Key Points - **Market Reaction and Misconceptions** Recent decline in Hongsheng's stock price attributed to market rumors regarding Quanta's supply of liquid-cooled cabinets leaking, leading to a perceived loss of market share. However, the liquid cooling industry is still in its early stages, and leakage incidents are common. The introduction of new suppliers typically takes 1-2 years, making a complete switch to new suppliers unlikely in the short term [1][2] - **Core Competitive Advantages** Hongsheng's core competitive advantages lie in its welding capabilities, manufacturing processes, and customer relationships, particularly with Suzhou Hexin, a key Taiwanese manufacturer. The Quanta incident is viewed as a short-term impact rather than a long-term concern [1][2] - **Strategic Partnerships** Hongsheng has entered the liquid cooling components supply chain through its joint venture with Suzhou Hexin (Hexin holds 51% and Hongsheng holds 49% of the investment returns). This partnership enhances Hongsheng's position in the market [1][2] - **Industry Trends and Future Outlook** The liquid cooling technology is essential for addressing the heat dissipation challenges in data centers. The market for ASIC liquid cooling systems is projected to reach 29.4 billion yuan by 2026, while NVIDIA's liquid cooling systems are expected to reach 58.1 billion yuan, indicating a vast market potential [2] - **Product Development and Market Positioning** Hongsheng is actively aligning with industry trends by expanding its product offerings related to liquid cooling. Currently, the main product is heat exchangers, but the company is also developing complete sidecar cabinets, including overall CDU and liquid cooling solutions, positioning itself to benefit from the industry's growth [3] Additional Important Information - **Long-term Business Logic** Despite recent volatility, the long-term business logic for Hongsheng remains intact, with ongoing collaborations with other Taiwanese ODMs, such as Delta, expected to contribute positively to the company's performance [2] - **Lifecycle of Liquid Cooling Products** The lifecycle of liquid cooling products is relatively short (1-2 years), emphasizing the importance of market interaction capabilities for companies in this sector [1] This summary encapsulates the essential insights from the conference call records, highlighting Hongsheng's strategic positioning and the broader industry context.

苹果 2026 财年第一季度（12 月季度）核心业绩 总营收达，同比增长 16%，高于市场共识的 1384 亿美元；产品营收 1137 亿美元，同比同样增长 16%。 iPhone 业务领跑：受新款 iPhone 17 系列强劲表现推动，iPhone 营收同比增长 23% 至 853 亿美元，高于市场预 期的 786 亿美元。 核心摘要：苹果 2026 财年第一季度（12 月季度）业绩超预期，主要得益于 iPhone 和 Mac 业务的良好表现及 部分订单提前交付；iPhone 业务的强劲势头支撑供应链补库，但后续零部件涨价的影响仍将显现。 苹果 2026 财年第一季度（12 月季度）核心业绩 总营收达，同比增长 16%，高于市场共识的 1384 亿美元；产品营收 1137 亿美元，同比同样增长 16%。 核心摘要：苹果 2026 财年第一季度（12 月季度）业绩超预期，主要得益于 iPhone 和 Mac 业务的良好表现及 部分订单提前交付；iPhone 业务的强劲势头支撑供应链补库，但后续零部件涨价的影响仍将显现。 其他产品表现分化：Mac 营收 84 亿美元，同比下降 7%（受去年同期新品发布的高基数影 ...

Core Viewpoint - The article highlights the significance of the "兆元宴" hosted by NVIDIA CEO Jensen Huang, which gathered key decision-makers from Taiwan's AI supply chain, indicating a strong focus on collaboration and potential market impacts in the AI sector [1]. Group 1: Event Overview - The "兆元宴" took place in Taipei, featuring prominent figures from Taiwan's AI industry, including leaders from TSMC, MediaTek, ASUS, Quanta, and Foxconn, showcasing the importance of these partnerships in the AI supply chain [1][3]. - The event is seen as a potential catalyst for stock performance among participating companies, with historical data indicating significant stock price increases for companies involved in the previous year's event [1]. Group 2: Stock Performance Insights - According to Yahoo Finance, among the 20 listed companies that participated in last year's "兆元宴," Delta Electronics saw the highest stock price increase of 270%, followed by Xinxing at 166% and Yidong at 147%, while TSMC's stock rose by 111%, with an average increase of approximately 34% across the 20 companies [1].

除了黄仁勋坐在照片第一排正中央，黄仁勋右手边坐着台积电董事长魏哲家、联发科执行长蔡力行、华硕董事长 施崇棠，左手边则坐着广达董事长林百里、广达副董事长梁次震、纬创董事长林宪铭，鸿海董事长刘扬伟以及和 硕董事长童子贤则站在第二排、黄仁勋正后方。 全台AI 产业链的核心人物一次框进同一个画面，从芯片、服务器、零组件到系统整合，市场也关注兆元宴可能会 带动哪些公司表现。 根据《Yahoo股市》盘点20档去年参与兆元宴的上市公司到2026年1月30日，股价上涨最多的为台达电270%，欣兴 166%、宜鼎147%，权王台积电也多达111%，而20档平均上涨约34%。 照片中具体名单如下： 跟黄仁勋同坐第一排的，包括华硕（董事长施崇棠、联发科副董事长蔡力行、台积电董事长魏哲家、广达董事长 林百里、副董事长梁次震、纬创董事长林宪铭，业界戏称是礼让70岁或是头发已白德高望重的供应链大老优先入 座。 来源：EETOP 昨晚，英伟达CEO黄仁勋在台北「砖窑」宴请供应链伙伴，兆元宴(台湾用语，兆相当于万亿)正式开席前，现场 就先拍下一张大合照，镜头里是台湾地区甚至全球AI供应链的关键决策者，可说是全台最有钱的一张照片。 第二排之后 ...

格隆汇2月1日｜1月31日晚间，英伟达CEO黄仁勋现身中国台湾台北市砖窑古早味怀旧餐厅，宴请了35 位与英伟达合作的供应链厂商高管，不过实际到场约有接近40位台企高管，有1位是大陆企业高管。 现场唯二女性，除了纬颖董事长洪丽宁外，另一位是显卡大厂同德股份有限公司CEO刘盈君，她上次也 有受邀出席。 此次宴会合影环节，第一排特地安排椅子座位，跟黄仁勋同坐第一排的包括华硕董事长施崇棠、联发科 副董事长蔡力行、台积电董事长魏哲家、广达董事长林百里及副董事长梁次震、纬创董事长林宪铭，业 界戏称是礼让70岁或是头发已白德高望重的供应链大佬优先入座。 第二排之后依序为英业达董事长叶力诚、矽品董事长蔡祺文、鸿海董事长刘扬伟、和硕董事长童子贤、 纬创总经理林建勋、技嘉总经理林英宇及李宜泰、纬颖董事长洪丽宁、奇鋐董事长沈庆行、广达资深副 总杨麒令、微星董事长徐祥、仁宝董事长陈瑞聪、 英业达总经理蔡枝安、工业富联董事长郑孟弘、光 宝总经理邱森彬、台达电董事长郑平、和硕共同执行长郑光志与邓国彦。京元电子总经理张高薰、华擎 总经理许隆伦、永擎总经理沙韦旭、宏碁董事长陈俊圣、华硕共同执行长许先越及胡书宾、研华总经理 张家豪、鸿佰科技董 ...

公众号记得加星标⭐️，第一时间看推送不会错过。 英伟达首席执行官黄仁勋昨晚宴请供应链伙伴高层，「兆元宴」再度登场。黄仁勋表示，台积电今年 必须要非常努力工作，因为英伟达需要很多晶圆，他预期「未来十年台积电的产能可能会成长超过百 分之百，是非常显著的规模扩张，而光是为英伟达的需求就得翻倍」。 黄仁勋再度选在台北砖窑古早味怀旧餐厅举行「兆元宴」，和供应链伙伴餐叙，出席的包括台积电董 事长魏哲家、联发科首席执行官蔡力行、广达董事长林百里、英业达董事长叶力诚、纬创董事长林宪 铭、鸿海董事长刘扬伟、宏碁董事长陈俊圣、矽品董事长蔡祺文、和硕董事长童子贤、共同首席执行 官郑光志及邓国彦、华硕董事长施崇棠、共同首席执行官胡书宾及许先越、纬颖董事长洪丽寗、台达 电董事长郑平、仁宝董事长陈瑞聪以及云达总经理杨麒令等人。餐叙结束后黄仁勋亲自送魏哲家离 开，显见对台积电的重视程度。 黄仁勋说，台积电今年要非常努力工作，因为英伟达需要很多晶圆和CoWoS，他也说，台积电做得 非常好。英伟达已经全面投产Blackwell、Vera Rubin芯片，而Vera Rubin包含六款不同的芯片，每 款都是世界上最先进的芯片。黄仁勋强调，今年英 ...

Group 1 - NVIDIA's CEO Jensen Huang hosted a "trillion-dollar banquet" in Taiwan, attended by key supply chain partners and industry leaders, indicating strong collaboration and networking within the semiconductor industry [1][2] - Huang emphasized the challenges ahead in 2025 with the production of the Grace Blackwell semiconductor system, which has faced significant design modifications and supply chain disruptions [2][3] - The GB300 cabinet has entered the initial production phase, while the GB200 product is in smooth mass production, showcasing NVIDIA's advancements in technology [2] Group 2 - Huang noted a significant shift in the AI industry, highlighting the profitability of tokens as AI technology has become more effective, suggesting a positive outlook for AI-driven business models [3][4] - The banquet featured a diverse array of industry leaders, including representatives from major companies like ASUS, MediaTek, and TSMC, reflecting the importance of NVIDIA's partnerships in the tech ecosystem [3][4] - The event underscored NVIDIA's commitment to innovation and collaboration, with companies like Advantech transitioning to edge AI solutions, indicating a broader industry trend towards integrating AI into various sectors [4][5]