供应链透露，受到中国大陆电动车掀起全球杀价旋风，欧洲车用同受波及，连带使台积电合作的三大车 用芯片厂也面临库存修正，台积电建厂工程虽如期进行，实际量产却以拖代变，真正量产仍得车用明显 回温，台积电原订二○二七年量产时程仍有待观察。 台积电德国厂布局，与博世、英飞凌、恩智浦合资的欧洲半导体制造公司（ＥＳＭＣ），去年八月动 土、目前积极进行主体工程。台积电德国厂位在德勒斯登，去年十月萨克森邦邦长抵台拜会魏哲家，保 证在水电和人才各面向全力支持。 台积电日本熊本二厂决定升级三纳米后，市场也关注台积电德国厂进展，是否会同步修正切入ＡＩ相关 芯片生产。台积电董事长魏哲家先前表示，"德国厂完全因应车用芯片客户需求，因而切入较特殊制程 的廿八／廿二纳米与十六／十二纳米技术，主要供应车用与工业芯片需求。"魏的发言显示，德国厂完 全为车用芯片打造，不会轻易调整跨足五纳米以下的先进制程。 台积电德国投资计划，同样获得德国政府及欧盟芯片法案一半的补助，投资总额约一百亿欧元。台积电 在一月法说会中，魏哲家表示投资案获得来自欧盟执委会、德国联邦政府、邦政府和市政府的坚定承 诺，但"晶圆厂的量产计划将依客户需求及市场状况而定"。 ...

Market Overview - The software sector and cryptocurrency experienced a significant downturn, with the S&P 500 index falling by 1.23% to 6798.4 points, the Nasdaq Composite down 1.59% to 22540.59 points, and the Dow Jones Industrial Average decreasing by 1.2% to 48908.72 points, marking the worst three-day sell-off since April of the previous year [1][3] - Bitcoin dropped below $64,000, losing nearly half its value over the past six months, while spot silver saw a single-day decline of nearly 20% [1] Employment Data Impact - The recent weak U.S. employment data has halted the recent sector rotation, with 318 stocks in the S&P 500 declining. December job openings unexpectedly fell to the lowest level since 2020, and the number of layoffs reached the highest January level since the severe recession in 2009 [3] - Allianz's Chief Economic Advisor, Mohamed El-Erian, noted that layoffs are occurring despite GDP growth of approximately 4%, indicating a decoupling of employment from economic growth, which could have profound economic, political, and social implications [3] Company-Specific Developments - Amazon's stock plummeted over 10% after announcing a capital expenditure forecast of $200 billion for the year, significantly higher than the previous year's $130 billion and analyst expectations of $150 billion, which negatively impacted its profit guidance [3] - Nvidia's stock fell by 1.33%, while other major tech companies like Apple, Google, and Microsoft also saw declines, with Microsoft down 4.95% and Amazon down 4.42% [6] AI and Software Sector - The software sector faced pressure following the release of a new flagship model by AI company Anthropic, contributing to a broader sell-off in AI-related stocks. FaceSet dropped 7.21%, reaching its lowest point since March 2020, while Thomson Reuters fell over 5%, hitting a new low since 2021 [6] - Amid concerns over AI capital expenditures, some supply chain stocks performed well, such as Tianhong Technology, which rose 6.9% due to Google's $185 billion capital expenditure guidance [6] Chinese Stocks Performance - Chinese stocks showed resilience, with the Nasdaq Golden Dragon China Index rising by 0.9%. Notable performances included NIO up 5.86% and Baidu up 0.73%, while Alibaba and JD.com saw slight declines [7] Other Industry News - Pandora, the world's largest jewelry company, surged 16.83% after announcing plans to reduce reliance on pure silver by introducing platinum-plated jewelry in response to rising silver prices [8] - The proposed merger between Rio Tinto and Glencore to form the world's largest mining group collapsed, with Glencore citing undervaluation of its contribution to the merger [9] - Nvidia announced delays in the release of its RTX 50 series graphics cards due to memory shortages, prioritizing AI chip production instead [10] - Hims & Hers Health plans to launch a cheaper generic version of the oral weight loss drug semaglutide, causing a significant drop in the stock price of Novo Nordisk, which had just received approval for its brand product [11]

Group 1 - Chengdu has 7 companies listed in the "2025 Hurun China 500," with a threshold of 34 billion yuan, an increase of 7.5 billion yuan from the previous year, representing a growth of 28% [1] - The total value of the 500 companies increased by 21 trillion yuan, a growth of 38%, reaching 77 trillion yuan, with an average value growth of 41.5 billion yuan, totaling 1.53 trillion yuan [1] - Among the top three companies, TSMC's value increased by 3.5 trillion yuan to 10.5 trillion yuan, Tencent's value grew by 1.9 trillion yuan to 5.3 trillion yuan, and ByteDance's value rose by 1.8 trillion yuan to 3.4 trillion yuan [1] Group 2 - Chengdu's representative company, Xinyi Technology, saw its value increase by 218.5 billion yuan to 309 billion yuan, ranking 31st and rising 89 places [2] - In the innovative drug sector, Chengdu's representative company, Baili Tianheng, experienced a value increase of 79.5 billion yuan to 153 billion yuan, ranking 86th and rising 56 places [2] - The other five Chengdu companies listed are: Tongwei Co., Ltd. (ranked 120th, 116 billion yuan), Langjiu (ranked 205th, 72 billion yuan), Kelun Pharmaceutical (ranked 279th, 55 billion yuan), New Hope (ranked 354th, 45 billion yuan), and Guojin Securities (ranked 457th, 36 billion yuan) [2]

Core Viewpoint - TSMC shares have increased by 2.2% recently, with a mean price target of $408 suggesting a potential upside of 25.3% from the current price of $325.74 [1] Price Targets - The average of 12 short-term price targets ranges from a low of $330.00 to a high of $520.00, with a standard deviation of $54.14, indicating variability among analysts [2] - The lowest estimate suggests a 1.3% increase, while the highest indicates a 59.6% upside [2] Analyst Consensus and Earnings Estimates - Analysts show strong agreement in revising TSMC's earnings estimates higher, which historically correlates with stock price movements [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 15.6%, with five estimates moving higher and no negative revisions [12] Zacks Rank - TSMC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] Caution on Price Targets - While price targets are a common metric, relying solely on them for investment decisions may not be prudent due to potential biases from analysts [3][10] - A low standard deviation among price targets indicates a high degree of agreement among analysts, which can be a starting point for further research [9]

台积电（TSMC）周四早盘小幅下跌。该公司计划在日本熊本县量产3纳米芯片，当地媒体估计投资规 模达170亿美元，以扩产应对激增的AI需求。 责任编辑：张俊 SF065 责任编辑：张俊 SF065 台积电（TSMC）周四早盘小幅下跌。该公司计划在日本熊本县量产3纳米芯片，当地媒体估计投资规 模达170亿美元，以扩产应对激增的AI需求。 ...

Market Overview - On February 5, US stock indices opened lower, with the Nasdaq down 1.58%, the Dow down 0.5%, and the S&P 500 down 1.04%. Over 3,000 individual stocks declined [1] - The Nasdaq China Golden Dragon Index rose by 0.58%, closing at 7504.59 points [3] Company-Specific Developments - Google shares fell over 6% due to concerns over high capital expenditure guidance [1] - NIO's stock increased by over 7% as the company reported its first quarterly adjusted operating profit [1] - Qualcomm's shares dropped over 10% following a weak Q2 earnings forecast [1] - Coupang, a South Korean e-commerce giant, saw its stock decline by over 9% after confirming a data breach affecting 165,000 users [1] - Estée Lauder's stock plummeted 18% due to increased marketing costs and lower-than-expected earnings guidance for the year [1] Sector Performance - Weight loss drug stocks faced setbacks, with Novo Nordisk down over 4% and Eli Lilly down over 3% [1] - Cryptocurrency-related stocks also fell, with Strategy down over 7%, Coinbase down over 4%, and Circle down over 2% [2] Commodity Market - Gold prices fell significantly, with spot gold down 3.16% to $4811.27 per ounce, and silver down over 16% to $73.695 per ounce [9] - Brent crude oil decreased by 2.97% to $67.40 per barrel, while WTI crude oil fell to $63.17 per barrel, down 3.02% [11]

Group 1 - The core viewpoint of the article highlights the upward movement of U.S. semiconductor stocks, indicating a positive trend in the sector [1] - Broadcom experienced a rise of over 4%, reflecting strong investor confidence [1] - Intel saw an increase of more than 3%, suggesting a favorable market response to its recent performance [1] Group 2 - Other notable companies such as TSMC, ASML, AMD, Applied Materials, and NVIDIA all recorded gains of over 1%, indicating a broad-based rally in the semiconductor industry [1]

Taiwan Semiconductor Manufacturing Company ( NYSE:TSM ) is expanding production of advanced AI semiconductors to Japan, marking a significant geographic diversification for the world's leading chipmaker. ...

台湾芯片制造商台积电（TSM）周四表示，将在日本生产部分全球最尖端的半导体，以满足人工智能 相关需求的爆发式增长，此举将助力日本实现其芯片制造雄心。 台积电在另一份邮件声明中表示，魏哲家认为日本 "前瞻性的半导体政策将为半导体行业带来显著利 好"。 此次宣布，正值高市早苗在东京与台积电董事长魏哲家（C.C． Wei）会面期间。 高市早苗在会面中表示："从日本经济安全的角度来看，这具有极其重要的意义。我务必希望该项目能 按计划推进。" 即将在熊本县量产的先进芯片，将应用于人工智能、机器人、自动驾驶等领域 —— 这些均为高市内阁 划定的战略重点产业。 台积电熊本县第一工厂已于2024 年底量产，主要生产技术层级较低的芯片。此外，公司还在美国亚利 桑那州建设新厂，打造晶圆厂集群，以应对全球 AI 热潮下客户日益增长的需求。 作为英伟达、苹果等企业的核心芯片供应商，台湾积体电路制造股份有限公司（台积电）周四宣布，计 划在其日本熊本县第二工厂生产3 纳米芯片。这类先进芯片广泛应用于 AI 产品、智能手机等领域，该 工厂目前仍在建设中。 作为全球最大的专业芯片代工厂，台积电的这一决定，对日本首相高市早苗（Sanae Ta ...

国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 2月5日消息，据报道，台积电首席执行官魏哲家表示，台积电计划在日本工厂量产先进的3纳米芯片。 据当地媒体报道，这笔投资规模达 170 亿美元，旨在满足人工智能芯片飙升的市场需求。 作为全球最大的芯片代工厂，同时也是英伟达等企业人工智能芯片的核心供应商，台积电目前最先进的芯片均在中国台湾地区生产。该公司此前针对日本 的建厂规划，仅聚焦于工艺相对落后的芯片技术。 这一官宣让日本跻身全球高端 3 纳米芯片的最新生产地行列。3 纳米芯片广泛应用于高性能计算与人工智能服务器领域。 日本政府同时也在大力补贴本土芯片代工企业Rapidus，该企业将在北海道生产先进制程芯片。据《读卖新闻》报道，日本政府认定两家企业生产的芯片 应用场景不同，不存在同业竞争关系。 ***************END*************** 半导体公众号推荐 半导体论坛百万微信群 加群步骤： 第一步：扫描下方二维码，关注国芯网微信公众号。 据报道，台积电原计划投资在该厂投资122亿美元用于6至12纳米芯片制造能力的建设，但目前， ...