TSMC \u7684\u8d85\u9884\u671f\u5e76\u4e0a\u8c03\u6307\u5f15\u518d\u6b21\u63d0\u9192\u5e02\u573a\uff1a\u8c01\u5728\u4e3a AI \u7845\u7247\u8bbe\u5b9a\u8282\u594f\u3002\u7ba1\u7406\u5c42\u5bf9\u5b8f\u89c2\u4e0d\u786e\u5b9a\u6027\u70b9\u5230\u4e3a\u6b62\uff0c\u4f46\u7528\u79ef\u538b\u8ba2\u5355\u3001\u5b9a\u4ef7\u548c\u4ea7\u80fd\u5b9e\u9645\u8868\u73b0\u5c06\u8fd9\u4e9b\u62c5\u5fe7\u6392\u5728\u4e00\u8fb9\u3002\u5c3d\u7ba1\u50cf IMMP\u3001AGAE\u3001BIRD\u3001VSA \u548c HUBC \u8fd9\u6837\u7684\u5fae\u578b\u80a1\u4e0a\u6f14\u4e86\u914d\u89d2\u70df\u706b\uff0c\u771f\u6b63\u7684\u8d44\u91d1\u8fd8\u662f\u56de\u5230\u4e86\u82af\u7247\u677f\u5757\u3002\u5f53\u4e16\u754c\u4e0a\u6700\u91cd\u8981\u7684\u4ee3\u5de5\u5382\u8bf4\u52bf\u5934\u4ecd\u5728\uff0c\u6574\u4e2a\u751f\u6001\u94fe\u5c31\u4f1a\u91cd\u65b0\u5b9a\u4ef7\u3002<\/p>\n
\u4eca\u65e5\u5173\u6ce8\u70b9\uff1aTSMC \u4ea4\u51fa\u5e72\u51c0\u7684\u8d85\u9884\u671f\u5e76\u4e0a\u8c03\u5c55\u671b\uff0c\u5c06 AI \u9700\u6c42\u63cf\u7ed8\u4e3a\u4e0d\u51cf\u53cd\u589e\uff0c\u5e76\u6697\u793a\u4f9b\u5e94\u94fe\u74f6\u9888\u662f\u5728\u7f13\u89e3\u800c\u975e\u6076\u5316\u3002\u516c\u53f8\u5bf9\u5b8f\u89c2\u9006\u98ce\u76f4\u8a00\u4e0d\u8bb3\uff0c\u4f46\u5e76\u672a\u5ba3\u5e03\u653e\u7f13\u3002\u7ffb\u8bd1\u8fc7\u6765\u5c31\u662f\uff1aAI \u5efa\u8bbe\u4ecd\u7136\u7eff\u706f\u3002\u4ea4\u6613\u7279\u5f81\uff1a\u5de8\u578b ADR\uff0c\u6d41\u52a8\u6027\u5f3a\u4e14\u671f\u6743\u7c3f\u6df1\u3002\u6570\u5b57\u548c\u8bed\u6c14\u63a8\u52a8\u8df3\u7a7a\uff0c\u968f\u540e\u56e0\u57fa\u91d1\u518d\u5e73\u8861\u56de\u64a4\u3002\u4ef7\u5dee\u7d27\uff0c\u501f\u5238\u53ef\u5f97\uff0c\u662f\u5bf9\u6297\u9ad8\u8d1d\u5854\u540c\u884c\u7684\u5e38\u7528\u5bf9\u51b2\/\u914d\u5bf9\u6807\u7684\u3002\u5173\u952e\u7ed3\u8bba\uff1aTSMC \u4ecd\u662f\u57fa\u77f3\u3002\u5b83\u7684\u6307\u5f15\u662f\u884c\u4e1a\u7684\u6307\u5357\u9488\u3002\u5982\u679c\u7ba1\u7406\u5c42\u5728\u6269\u4ea7\u4e14\u5728\u627f\u8ba4\u5b8f\u89c2\u566a\u58f0\u7684\u540c\u65f6\u4e0d\u5c48\u670d\u4e8e\u5176\u5f71\u54cd\uff0c\u82af\u7247\u5468\u671f\u8fd8\u6709\u66f4\u591a\u56de\u5408\u3002\u5982\u4eca\u98ce\u9669\u4e0d\u662f\u9700\u6c42\uff0c\u800c\u662f\u653f\u7b56\u3001\u51fa\u53e3\u7ba1\u5236\uff0c\u4ee5\u53ca 2025 \u5e74\u8d44\u672c\u652f\u51fa\u662f\u5426\u4f1a\u8d85\u51fa\u5b9e\u9645 AI \u57fa\u7840\u8bbe\u65bd\u5438\u6536\u80fd\u529b\u3002<\/p>\n
\u4eca\u65e5\u5173\u6ce8\u70b9\uff1a\u5f3a\u52b2\u7684 TSMC \u6570\u636e\u51e0\u4e4e\u662f\u5bf9 Nvidia \u4e0b\u4e00\u4ee3\u52a0\u901f\u5668\u7684\u4f9b\u5e94\u94fe\u795d\u798f\u3002\u5e02\u573a\u89e3\u8bfb\u4e3a H100 \u5230 B100 \u7684\u8fc7\u6e21\u4e0e\u5148\u8fdb\u5236\u7a0b\u548c\u5c01\u88c5\u7684\u6301\u7eed\u4f18\u5148\u7ea7\u98ce\u9669\u964d\u4f4e\u3002\u5728\u8d85\u5927\u89c4\u6a21 AI \u8d44\u672c\u652f\u51fa\u4fdd\u6301\u7684\u60c5\u51b5\u4e0b\uff0c\u8425\u6536\u8282\u594f\u9884\u671f\u4f9d\u65e7\u6e05\u6670\u3002\u4ea4\u6613\u7279\u5f81\uff1a\u8d85\u5927\u5e02\u503c\uff0c\u6d41\u52a8\u6027\u8fd1\u4e4e\u8ff7\u4fe1\u3002\u671f\u6743\u4e3b\u5bfc\u8d44\u91d1\u6d41\uff1b\u9690\u542b\u6ce2\u52a8\u5728\u76c8\u5229\u524d\u540e\u4fdd\u6301\u7c98\u6027\u3002\u5b83\u50cf\u5e26\u6709\u4eba\u683c\u7684\u6307\u6570\u4ea4\u6613\uff0c\u56f4\u7ed5\u4ed3\u4f4d\u548c\u4f3d\u739b\u5899\u5267\u70c8\u6ce2\u52a8\u3002\u5173\u952e\u7ed3\u8bba\uff1a\u4ee3\u5de5\u5382\u7684\u4f9b\u5e94\u786e\u8ba4\u964d\u4f4e\u4e86\u8fd1\u671f\u5355\u5143\u53ef\u5f97\u6027\u7684\u53ef\u6015\u5c3e\u90e8\u98ce\u9669\u3002\u66f4\u5927\u7684\u4e89\u8bba\u70b9\u4ecd\u662f\u4f30\u503c\u5bf9 AI \u652f\u51fa\u6301\u4e45\u6027\u7684\u6743\u8861\u3002\u5982\u679c\u4f60\u505a\u591a\uff0c\u5c31\u662f\u62bc\u6ce8\u89c4\u6a21\u7ecf\u6d4e\u4e0e\u8f6f\u4ef6\u9501\u5b9a\uff1b\u82e5\u505a\u7a7a\uff0c\u5219\u62bc\u6ce8\u8d44\u672c\u652f\u51fa\u6d88\u5316\u548c\u7ade\u4e89\u4fb5\u8680\u3002\u65e0\u8bba\u5982\u4f55\uff0cTSMC \u7684\u8bed\u6c14\u81f3\u5c11\u5728\u672c\u5b63\u5ea6\u65a9\u65ad\u4e86\u672b\u65e5\u4f9b\u5e94\u8bba\u3002<\/p>\n
\u4eca\u65e5\u5173\u6ce8\u70b9\uff1a\u5f53 TSMC \u63d0\u5230\u52bf\u5934\uff0c\u6295\u8d44\u8005\u7acb\u523b\u628a\u5b83\u7ffb\u8bd1\u6210\u5bf9\u5149\u523b\u673a\u7684\u9700\u6c42\u3002ASML \u4f4d\u4e8e\u5148\u8fdb\u4ea7\u80fd\u7684\u54bd\u5589\u5904\u3002\u5373\u4fbf\u5176\u81ea\u8eab\u4e1a\u7ee9\u6ca1\u6709\u5927\u7206\u53d1\uff0c\u5173\u8054\u6027\u4e70\u76d8\u4e5f\u4f1a\u51fa\u73b0\uff0c\u56e0\u4e3a\u6ca1\u6709 EUV \u4e0e\u5148\u8fdb DUV\uff0c\u5c31\u6ca1\u6709 AI \u6676\u5706\u3002\u653f\u7b56\u5934\u6761\u4e0e\u51fa\u53e3\u6846\u67b6\u4ecd\u5728\u76d8\u65cb\uff0c\u4f46\u79ef\u538b\u8ba2\u5355\u7684\u6570\u5b66\u5173\u7cfb\u4ecd\u638c\u63a7\u5168\u5c40\u3002\u4ea4\u6613\u7279\u5f81\uff1a\u5927\u578b ADR\uff0c\u4e8b\u4ef6\u98ce\u9669\u4e0e\u8ba2\u5355\u3001\u51fa\u53e3\u9650\u5236\u548c\u5ba2\u6237\u8d44\u672c\u652f\u51fa\u5468\u671f\u6302\u94a9\u3002\u5176\u52a8\u4f5c\u5f80\u5f80\u662f\u5757\u72b6\u800c\u975e\u70b9\u6ef4\uff0c\u6613\u4e8e\u5728\u6050\u614c\u4e0e\u72c2\u70ed\u65f6\u53cc\u5411\u8fc7\u51b2\u3002\u671f\u6743\u4e0d\u5982 NVDA \u90a3\u6837\u62e5\u6324\uff0c\u4f46\u4ecd\u8db3\u591f\u6df1\u4ee5\u4f9b\u7ed3\u6784\u5316\u89c2\u70b9\u8868\u8fbe\u3002\u5173\u952e\u7ed3\u8bba\uff1a\u5982\u679c TSMC \u6b63\u5728\u6269\u4ea7\u6216\u81f3\u5c11\u5728 AI \u65f6\u95f4\u7ebf\u4e0a\u4e0d\u9000\u7f29\uff0cASML \u7684\u591a\u5b63\u5ea6\u53ef\u89c1\u5ea6\u5c06\u589e\u5f3a\u3002\u79ef\u538b\u8ba2\u5355\u7684\u8010\u4e45\u6027\u6bd4\u4efb\u4f55\u5355\u5b63\u7684\u589e\u91cf\u66f4\u91cd\u8981\u3002\u718a\u5e02\u8bba\u70b9\u4ecd\u662f\u5730\u7f18\u653f\u6cbb\u4e0e\u62c9\u957f\u7684\u9a8c\u6536\u5468\u671f\uff1b\u725b\u5e02\u8bba\u70b9\u5219\u662f\u5f53\u5168\u7403\u6570\u636e\u8ffd\u6c42\u66f4\u5c0f\u3001\u66f4\u5feb\u3001\u66f4\u4fbf\u5b9c\u65f6\uff0c\u9ad8 NA EUV \u65e0\u53ef\u66ff\u4ee3\u3002<\/p>\n
\u4eca\u65e5\u5173\u6ce8\u70b9\uff1aTSMC \u7684\u4fe1\u5fc3\u5b9e\u9645\u4e0a\u662f\u5bf9 AMD MI300 \u7ea7\u522b\u52a0\u901f\u5668\u4e0e\u5373\u5c06\u5230\u6765 CPU \u4f9b\u5e94\u7684\u987a\u5e26\u8868\u8ff0\u3002\u6295\u8d44\u8005\u60f3\u770b\u5230 AI \u52a0\u901f\u5668\u5728\u8d85\u5927\u89c4\u6a21\u8bd5\u70b9\u4e4b\u5916\u7684\u6301\u7eed\u5438\u5f15\u529b\u8bc1\u636e\u3002\u6bcf\u5f53\u4ee3\u5de5\u5382\u53d9\u4e8b\u8f6c\u4e3a\u5efa\u8bbe\u6027\uff0c\u80a1\u4ef7\u5c31\u4f1a\u56e0\u4e3a\u4f9b\u5e94\u62c5\u5fe7\u6d88\u9000\u800c\u83b7\u5f97\u8d44\u91d1\u6d41\u5165\uff0c\u6ce8\u610f\u529b\u53c8\u56de\u5230\u4e89\u593a\u9700\u6c42\u4efd\u989d\u4e0a\u3002\u4ea4\u6613\u7279\u5f81\uff1a\u534a\u5bfc\u4f53\u9886\u57df\u7684\u9ad8\u8d1d\u5854\u5de8\u5934\uff0c\u96f6\u552e\u4e0e\u91cf\u5316\u8d44\u91d1\u91cd\u53e0\u660e\u663e\u3002\u5b83\u4f1a\u56e0\u540c\u60c5\u6027\u4e70\u76d8\u548c\u5934\u6761\u731b\u6da8\uff0c\u82e5\u7ba1\u7406\u5c42\u6267\u884c\u843d\u540e\u4e8e\u53d9\u4e8b\uff0c\u5219\u4ea4\u6613\u53d8\u5f97\u51cc\u4e71\u3002\u671f\u6743\u6d41\u52a8\u6027\u5145\u8db3\uff1b\u662f\u8868\u8fbe AI \u534a\u5bfc\u4f53\u5206\u6563\u4ea4\u6613\u7684\u4fbf\u6377\u6807\u7684\u3002\u5173\u952e\u7ed3\u8bba\uff1aAMD \u7684\u4e0a\u884c\u53d6\u51b3\u4e8e\u5c06\u8bbe\u8ba1\u80dc\u5229\u8f6c\u5316\u4e3a\u7a33\u5b9a\u8425\u6536\u548c\u6bdb\u5229\u6760\u6746\uff0c\u800c\u4e0d\u662f\u7a7a\u53e3\u627f\u8bfa\u3002TSMC \u7684\u8d85\u9884\u671f\u964d\u4f4e\u4e86\u8fd1\u671f\u4f9b\u5e94\u9634\u5f71\u3002\u672a\u89e3\u95ee\u9898\u662f AMD \u80fd\u4ece incumbents \u624b\u4e2d\u64ac\u8d70\u591a\u5c11 AI \u94b1\u5305\u4efd\u989d\uff0c\u4ee5\u53ca\u8be5\u4efd\u989d\u7684\u7c98\u6027\u3002\u77ed\u671f\u5185\u4ed3\u4f4d\u80fd\u5f71\u54cd\u751a\u591a\uff1b\u957f\u671f\u5219\u9700\u8981\u57fa\u672c\u9762\u5151\u73b0\u3002<\/p>\n
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