沟通会上，邓承浩分享了深蓝在核心技术方面的考量。他介绍，深蓝L06搭载磁流变悬架系统，相较传统CDC悬架，其响应速度更快，可更精准处理路面信 息。该技术应用体现了深蓝在提升驾乘体验与技术适用性之间的平衡思考，阐明了品牌技术选择背后的用户体验导向。 2025年10月30日，深蓝L06预售发布会后举行媒体沟通会。深蓝汽车董事长邓承浩出席活动，深入介绍深蓝L06的产品内核，并对深蓝汽车在行业转型期的 战略思考与发展路径进行现场解读。 技术布局：前瞻投入与用户体验的平衡 体系能力：体系出海与规模化优势 智能座舱方面，深蓝L06采用3nm制程芯片。邓承浩表示，这一决策源自对汽车智能化趋势的判断："随着智能座舱功能日益复杂，对算力的需求将持续增 长。采用先进制程芯片不仅满足当前需求，也为未来的功能迭代预留了空间。"这一选择体现深蓝的技术升级并非简单的"配置下放"，而更关注技术的长期 发展潜力。 市场定位：差异化竞争与用户需求洞察 邓承浩阐述了深蓝在产品定位方面的差异化策略。深蓝品牌主要面向主流年轻用户群体，围绕其对产品的科技感和驾驶体验的偏好进行产品开发。他表示， 深蓝L06基于对目标用户需求的深入洞察而生，而非针对某一 ...

台积电明年将继续提升先进制程（7nm以下）报价，先进制程涨幅预计将达3%至10%，这已经是这家全球最大晶圆代工厂连续第四年调升价格。 周一，据媒体援引产业人士消息，受生产成本攀升及产能持续供不应求影响，公司已启动与客户的年度议价沟通，预计2026年先进制程涨幅将达3% 至10%。 消息人士透露，台积电已通知客户，自9月起，针对5纳米以下先进制程启动连续4年涨价计划，涨幅将依个别客户采购等级与合作情况而异。其中最 抢手的3nm制程报价预计至少上涨个位数百分比。业界形容这是"AI时代以来首次长期涨价行动"。 分析认为，台积电罕见启动连4年涨价，恰与联发科法说会提到"将反映成本调整芯片售价"相呼应，预料将引爆下一波芯片涨价潮。市调机构指出， 随着全球通货膨胀盛行，加上台积电海外建厂与生产成本提高，为了维持高毛利率，预估2026年起台积电5nm制程以下价格将上涨约5-10%。 产能紧缺推动连续调价 台积电自2023年起恢复例行年度报价调整，结束了疫情期间的价格冻结期。2020年和2021年，公司仅取消年初的销货折让，但未全面涨价，主要考 量与客户群的长期合作关系。 2023年的涨幅主要反映产能供不应求、通胀与生产成本 ...

台积电明年将继续提升先进制程（7nm以下）报价，先进制程涨幅预计将达3%至10%，这已经是这家全球最大晶圆代工厂连续第四年调升价格。 周一，据媒体援引产业人士消息，受生产成本攀升及产能持续供不应求影响，公司已启动与客户的年度议价沟通，预计2026年先进制程涨幅将达3%至10%。 先进制程已成为台积电主要成长驱动力。5nm与3nm家族制程占今年第二季营收达六成，第三季持续维持这一比例，其中3nm占23%，5nm占37%。 台积电多次强调，公司与客户密切合作规划产能，并投资先进和特殊制程技术以支持客户需求，同时在客户信任下获取适当报酬。目前先进制程因AI应用需求 持续供不应求。 分析认为，台积电罕见启动连4年涨价，恰与联发科法说会提到"将反映成本调整芯片售价"相呼应，预料将引爆下一波芯片涨价潮。市调机构指出，随着全球通 货膨胀盛行，加上台积电海外建厂与生产成本提高，为了维持高毛利率，预估2026年起台积电5nm制程以下价格将上涨约5-10%。 产能紧缺推动连续调价 台积电自2023年起恢复例行年度报价调整，结束了疫情期间的价格冻结期。2020年和2021年，公司仅取消年初的销货折让，但未全面涨价，主要考量与客户 ...

台积电大消息 11月3日，据中国台湾《经济日报》援引产业人士消息，受生产成本攀升及产能持续供不应求影响，台积电已 启动与客户的年度议价沟通，预计2026年先进制程涨幅将达3%至10%。 据消息人士透露，台积电已通知客户，自9月起，针对5纳米以下先进制程启动连续4年涨价计划，涨幅将依个 别客户采购等级与合作情况而异。其中，最抢手的3纳米制程报价预计至少上涨个位数百分比。 芯片涨价潮来势汹汹。 据最新消息，台积电2026年将进一步提升先进制程（7nm以下）报价，先进制程涨幅预计将达3%至10%，这将 是这家全球最大晶圆代工厂连续第四年上调价格。 种种迹象表明，全球芯片涨价潮正愈演愈烈。据供应链消息，三星电子已率先暂停10月DDR5DRAM合约报 价，引发SK海力士和美光等其他存储原厂跟进，恢复报价时间预计或将延后至11月中旬。 市场层面，今日（11月3日）SK海力士、三星电子股价持续拉升，截至韩国股市收盘，SK海力士暴涨近11%； 三星电子大涨超3%，再度创出历史新高。A股存储芯片概念股亦集体走强，太极实业直线涨停，香农芯创大 涨超8%续创历史新高，普冉股份大涨超14%，江波龙、商络电子、兆易创新、北京君正等跟涨 ...

Core Insights - TSMC reported strong financial results for Q3 2025, driven by robust AI demand, with advanced process revenue accounting for over 70% of total wafer revenue [1][2] - The company achieved a record net profit of NT$452.3 billion, a year-on-year increase of 39.1% [1] - TSMC's advanced process revenue breakdown shows 3nm at 23%, 5nm at 37%, and 7nm at 14%, with advanced processes (7nm and below) making up 74% of total revenue [1] Financial Performance - TSMC's consolidated revenue for Q3 was NT$989.92 billion, a 30.3% year-on-year increase and a 6% quarter-on-quarter growth, translating to US$33.1 billion [1] - Gross margin improved to 59.5%, exceeding analyst expectations of 57.1%, while operating margin reached 50.6%, also surpassing market forecasts [1] - For Q4, TSMC forecasts revenue between US$32.2 billion and US$33.4 billion, with a gross margin of 59% to 61% and an operating margin of 49% to 51% [2] Market Segmentation - The HPC platform remains TSMC's largest revenue source, contributing 57% of total revenue, while smartphone revenue grew by 19% to account for 30% [2] - IoT and automotive sectors also saw revenue growth of 20% and 18%, respectively, each representing 5% of total revenue [2] - Declines were noted in the DEC sector, down 20% to 1%, and other sectors down 8% to 2% [2] Advanced Process Development - TSMC is making progress on its 2nm process, expected to enter trial production this quarter, with mass production anticipated in 2026 [3] - The company is also launching the N2P process for enhanced performance and efficiency, alongside the A16 process designed for high-performance computing applications [3] - TSMC's leadership in advanced processes is reinforced by strong demand for AI-related applications, with ongoing efforts to address supply constraints in AI chip manufacturing [3] Capacity Expansion - TSMC is accelerating capacity expansion at its Arizona facility and preparing to upgrade technology for advanced processes [4] - A second plot of land near the existing Arizona plant is being acquired to support expansion plans, while a second wafer fab in Japan is under construction [4] - The company estimates capital expenditures for 2025 to be between US$40 billion and US$42 billion, with approximately 70% allocated to advanced processes [4]

Core Insights - TSMC reported significant growth in revenue and net profit for Q3 2025, with advanced process revenue accounting for over 70% of total wafer revenue, driven by strong AI demand [1][3][4] Financial Performance - TSMC's consolidated revenue for Q3 reached NT$989.92 billion, a year-on-year increase of 30.3%, equivalent to approximately $33.1 billion [3] - Net profit for the quarter was NT$452.3 billion, marking a 39.1% year-on-year growth and setting a historical record [3] - Gross margin improved to 59.5%, up 0.9 percentage points quarter-on-quarter [3] Product Composition - In terms of product composition, 3nm process accounted for 23% of total wafer revenue, 5nm for 37%, and 7nm for 14%, with advanced processes (7nm and below) collectively making up 74% of total wafer revenue [3] - High-Performance Computing (HPC) revenue represented 57% of total revenue, surpassing smartphones at 30%, IoT at 5%, automotive at 5%, and digital consumer electronics at 1% [3] Future Outlook - TSMC forecasts Q4 sales between $32.2 billion and $33.4 billion, exceeding market expectations of $31.23 billion, with a gross margin projected between 59% and 61% [3] - The company anticipates a revenue growth of approximately 30% for the year 2025 [3] Management Insights - TSMC's CEO emphasized the strong and increasing demand for AI, noting that the company will continue to invest to support customer growth [4] - The company is working to close the supply-demand gap for advanced packaging and plans to ramp up capacity for 2nm process production later this quarter [4] - TSMC is accelerating capacity expansion at its Arizona facility and preparing to upgrade technology for advanced processes [4] Capital Expenditure - TSMC raised its capital expenditure guidance for the year, with $29.39 billion spent in the first nine months, and plans to allocate $40 billion to $42 billion for 2025, up from a previous range of $38 billion to $42 billion [5][6] - Approximately 70% of capital expenditure will be directed towards advanced processes, with 10% to 20% allocated for advanced packaging, testing, and manufacturing [6] Market Dynamics - TSMC's management addressed inquiries regarding data center construction costs, indicating that building a 1GW data center requires an investment of around $50 billion [6] - The company supports various chip types, including GPUs and ASICs, which utilize TSMC's advanced technologies [6]

Group 1: Semiconductor Price Increases - The global semiconductor industry is experiencing a new wave of price increases, with TSMC's 2nm process prices rising at least 50% compared to the 3nm process, and the last generation 3nm CPU prices increasing by approximately 20% [1] - TSMC's latest 2nm process is set to begin mass production this quarter, but due to high capital expenditures, the company has no discount or negotiation strategy in place [1] - The flagship chips using the 2nm process are expected to have a unit price of around $280 [1] Group 2: Memory Chip Price Adjustments - Samsung has significantly raised prices for memory and flash products, with DRAM prices increasing by up to 30% and NAND flash prices rising by 5-10% due to supply constraints and surging demand from cloud enterprises [4] - Micron and SanDisk have also announced similar price increases, with Micron's prices rising by 20-30% and the company halting new orders [4] - The current price surge reflects the deep impact of AI applications on the semiconductor supply chain, with data center construction driving up storage procurement volumes [4] Group 3: Competitive Landscape - Apple has increased its reservation share for TSMC's 2nm capacity from nearly 50% to over 50%, contributing 22% of TSMC's revenue in 2024, amounting to $19.4 billion [2] - Qualcomm and MediaTek plan to launch their first 2nm chip products by the end of 2026, but Apple's capacity monopolization strategy may create supply constraints for these competitors [3] - This concentration of capacity allocation is likely to widen the technology gap between Apple and the Android ecosystem [3]

Group 1 - TSMC's 2nm process pricing has increased by at least 50% compared to the 3nm process, with the last generation 3nm CPU prices rising by approximately 20% [1][2] - TSMC's latest 2nm process is set to begin mass production this quarter, but due to high capital expenditures, the company is not offering discounts or negotiation strategies [1][2] - The flagship chips using the 2nm process are expected to have a unit price of around $280 [1] Group 2 - Samsung has significantly raised prices for memory and flash products, with DRAM prices increasing by up to 30%, and NAND flash prices rising by 5-10% due to supply constraints and surging demand from cloud enterprises [5][6] - Micron and SanDisk have also announced similar price increases, with Micron's prices rising by 20-30% and halting new orders [5] - The current price surge reflects the deep impact of AI applications on the semiconductor supply chain, with data center construction driving up storage procurement [6] Group 3 - Apple has increased its reservation share for TSMC's 2nm capacity from nearly 50% to over 50%, contributing 22% of TSMC's revenue in 2024, amounting to $19.4 billion [2] - Qualcomm and MediaTek plan to launch their first 2nm chip products by the end of 2026, but Apple's capacity monopolization may create supply constraints for these competitors [3]

Core Viewpoint - The semiconductor industry is experiencing a new wave of price increases driven by TSMC's pricing strategy for its 2nm process and rising prices from major memory chip manufacturers like Samsung and SK Hynix, leading to accelerated semiconductor inflation [3][4][6]. Group 1: TSMC's Pricing Strategy - TSMC's 2nm process pricing has increased by at least 50% compared to the 3nm process, with flagship chips potentially priced at $280 [3][4]. - The company maintains a strong pricing strategy due to high capital expenditures associated with advanced processes, despite achieving initial yield targets [4]. - Apple has increased its reservation share for TSMC's 2nm capacity from nearly 50% to over 50%, contributing 22% of TSMC's revenue in 2024, amounting to $19.4 billion [4][5]. Group 2: Memory Chip Price Increases - Samsung has raised prices for DRAM products by up to 30% and NAND flash prices by 5-10% due to supply constraints and surging demand from cloud enterprises [6]. - Micron and SanDisk have also announced similar price increases, with Micron's prices rising by 20-30% and halting new orders [6]. - The demand for memory and storage driven by AI data centers has led to extended delivery times from one month to over six months for various products [6][7]. Group 3: Impact of AI on Semiconductor Industry - The current price surge reflects the profound impact of AI applications on the semiconductor supply chain, with data center construction driving up memory procurement volumes [7].

Group 1: Semiconductor Price Increases - The global semiconductor industry is experiencing a new wave of price increases, with TSMC's 2nm process prices rising at least 50% compared to the 3nm process, and the last generation 3nm CPU prices increasing by approximately 20% [1] - TSMC's latest 2nm process is set to begin mass production this quarter, but due to high capital expenditures, the company has no discount or negotiation strategy in place [1] - The flagship chips using the 2nm process are expected to have a unit price of around $280 [1] Group 2: Memory Chip Price Adjustments - Samsung has significantly raised prices for memory and flash products, with DRAM prices increasing by up to 30% and NAND flash prices rising by 5-10% due to supply constraints and surging demand from cloud enterprises [4] - Micron and SanDisk have also announced similar price increases, with Micron's prices rising by 20-30% and the company halting new orders [4] - The demand for memory and storage driven by AI data centers has led to extended delivery times from one month to over six months for various products from major manufacturers [4] Group 3: Competitive Landscape - TSMC's pricing strategy reflects its strong market position, with Apple increasing its reservation share for TSMC's 2nm capacity to over 50%, contributing 22% of TSMC's revenue in 2024, amounting to $19.4 billion [2] - Qualcomm and MediaTek plan to launch their first 2nm chip products by the end of 2026, but Apple's capacity control strategy may create supply constraints for these competitors, widening the technology gap between Apple and the Android camp [3]