外媒：2nm芯片訂單出現反轉了

春雨科技説

09/28

全球半導體行業的目光正緊緊盯着2nm芯片製程的競爭，這場關乎未來科技主導權的較量，局勢一度明朗，如今又起波瀾。臺積電作為芯片製造領域的領先者，在2nm工藝上投入了巨資研發，卻意外經歷了從"訂單荒"到"產能被搶光"的戲劇性轉折。一、臺積電2nm良品率很高，具備大規模量產的條件臺積電在2nm工藝上的投入可謂不遺餘力，該工藝採用了全新的GAA晶體管架構，取代了沿用多年的FinFET結構。這一技術轉變帶來...

網頁鏈接

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2570843371"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2570843371\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2570843371?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":false,"pubTime":"2025-09-28 16:06","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2570843371","market":"us","top_or_hot":-1,"title":"外媒：2nm芯片訂單出現反轉了","media":"春雨科技説","content":"<div>\n<p>全球半導體行業的目光正緊緊盯着2nm芯片製程的競爭，這場關乎未來科技主導權的較量，局勢一度明朗，如今又起波瀾。臺積電作為芯片製造領域的領先者，在2nm工藝上投入了巨資研發，卻意外經歷了從\"訂單荒\"到\"產能被搶光\"的戲劇性轉折。一、臺積電2nm良品率很高，具備大規模量產的條件臺積電在2nm工藝上的投入可謂不遺餘力，該工藝採用了全新的GAA晶體管架構，取代了沿用多年的FinFET結構。這一技術轉變帶來...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250928160954a6a3a8c5&s=b\">網頁鏈接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>外媒：2nm芯片訂單出現反轉了</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n外媒：2nm芯片訂單出現反轉了\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">春雨科技説</strong><span class=\"h-time small\">2025-09-28 16:06</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>全球半導體行業的目光正緊緊盯着2nm芯片製程的競爭，這場關乎未來科技主導權的較量，局勢一度明朗，如今又起波瀾。臺積電作為芯片製造領域的領先者，在2nm工藝上投入了巨資研發，卻意外經歷了從\"訂單荒\"到\"產能被搶光\"的戲劇性轉折。一、臺積電2nm良品率很高，具備大規模量產的條件臺積電在2nm工藝上的投入可謂不遺餘力，該工藝採用了全新的GAA晶體管架構，取代了沿用多年的FinFET結構。這一技術轉變帶來...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250928160954a6a3a8c5&s=b\">網頁鏈接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250928160954a6a3a8c5&s=b\">春雨科技説</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0868494708.USD","symbol_name":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250928160954a6a3a8c5&s=b","article_id":"2570843371","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250928160954a6a3a8c5&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2570843371","pubTimestamp":1759046784,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"據悉，台積電將2nm晶圓報價從3nm的2萬美元提升至3萬美元一片，漲幅高達50%。正因為如此，有外媒才表示：台積電2nm芯片訂單出現反轉了。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","NVDD":"Direxion Daily NVDA Bear 1X Shares","BK4576":"AR","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","2NVD.UK":"2X NVIDIA ETP","AAPL":"苹果","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","3NVD.UK":"LS 3X NVIDIA","SNVD.UK":"LS -1X NVIDIA","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0784383803.USD":"BGF GLOBAL MULTI-ASSET INCOME FUND \"A\" (USD) INC A","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","TSM":"台积电","03145":"华夏亚洲高息股","NVIW.SI":"NVDA 3xLongSG261006","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","NVDS":"Tradr 1.5X Short NVDA Daily ETF","AMD":"美国超微公司","LU1003077747.HKD":"BGF GLOBAL EQUITY INCOME \"A6\" (HKDHDG) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","NVDU":"Direxion Daily NVDA Bull 2X Shares","BK4573":"虚拟现实","MACW.SI":"APPLE 3xLongSG261006","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","NVDS.UK":"LS -1X NVIDIA","LU2097344357.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) ACC","BK4512":"苹果概念","NVD":"GraniteShares 2x Short NVDA Daily ETF","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","NVD2.UK":"2X NVIDIA ETP","NVD3.UK":"LS 3X NVIDIA","NVDA":"英伟达","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","BK4571":"数字音乐概念"},"translate_title":"Foreign media: 2nm chip orders have reversed","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03145":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"AAPL":0.9,"AMD":0.9,"MACW.SI":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDA":0.9,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6,"TSM":0.9},"content_text":"全球半導體行業的目光正緊緊盯着2nm芯片製程的競爭，這場關乎未來科技主導權的較量，局勢一度明朗，如今又起波瀾。台積電作為芯片製造領域的領先者，在2nm工藝上投入了巨資研發，卻意外經歷了從\"訂單荒\"到\"產能被搶光\"的戲劇性轉折。一、台積電2nm良品率很高，具備大規模量產的條件台積電在2nm工藝上的投入可謂不遺餘力，該工藝採用了全新的GAA晶體管架構，取代了沿用多年的FinFET結構。這一技術轉變帶來了性能的顯著提升：在相同功耗下，性能提升10%-15%；在相同性能下，功耗降低20%-30%。更令人矚目的是，台積電在良率方面取得了突破性進展。據供應鏈消息，台積電2nm芯片的良品率已突破90%，遠高於競爭對手三星的20%-40%良率水平。這一數字在芯片製造領域堪稱出色，為大規模量產奠定了堅實基礎。按照台積電的計劃，其2nm芯片將於2025年下半年開始放量生產，初期月產能將達到4.5-5萬片，到2026年更有望推升至超過10萬片。為支持這一目標，台積電在本土建設了四座超級晶圓廠，佔地超過90公頃。二、2nm成本暴漲，高通、蘋果都採用3nm工藝然而，就在台積電技術不斷突破的同時，一個嚴峻的問題出現了，那就是生產成本。據悉，台積電將2nm晶圓報價從3nm的2萬美元提升至3萬美元一片，漲幅高達50%。這一價格是常規4nm和5nm晶圓成本的兩倍，讓大多數客户難以承受。面對如此高昂的價格，芯片設計公司的態度出乎意料地冷淡。除了蘋果、英偉達、英特爾等毛利率超過50%的企業外，其他廠商幾乎無人問津。實際情況也確實如此，蘋果的iPhone 17系列採用台積電第三代3nm工藝，高通驍龍8至尊版和聯發科天璣9500也推遲了2nm計劃，也採用的是台積電第三代3nm工藝。因為這些廠商發現，為15%的性能提升承擔50%的成本上漲並不划算。更深入的分析表明，現有3nm芯片的性能已能滿足絕大多數用户需求，從智能手機、筆記本電腦到中高端AI算力需求都出現了\"性能過剩\"的現象。這種\"夠用就好\"的心態正在芯片市場蔓延，廠商們開始更理性地平衡性能與成本。三、2nm芯片產能已經被搶完就在業內認為台積電2nm工藝可能面臨訂單危機時，情況出現了戲劇性變化。台積電總裁魏哲家最近表示：\"做夢都沒想到2nm的需求比3nm還多\"。有媒體報道稱，台積電2026年的2nm產能已被五大廠商搶購一空。這些廠商分別是蘋果、AMD、高通、聯發科和英偉達。蘋果搶2nm是為了A20系列芯片，高通要給第六代驍龍8至尊版使用，AMD生產最新CPU，聯發科製造天璣新旗艦，而英偉達則瞄準最強AI芯片。這一變化背後的商業邏輯令人玩味，不過這也很好理解。這些芯片巨頭本身毛利率較高，能夠承受代工成本的上漲。並且2nm晶圓成本分攤到單個芯片上並不算高，按4.5萬美元一片晶圓計算，能切出600多塊手機芯片，單塊成本約幾百元，而最終芯片售價可達上千甚至幾千元。更重要的是，行業競爭法則決定了廠商不得不跟進。一旦有競爭對手採用更先進的製程，其他廠商就必須跟隨，否則產品就會失去市場競爭力，這種\"被迫跟進\"的現象在高端芯片市場尤為明顯。正因為如此，有外媒才表示：台積電2nm芯片訂單出現反轉了。四、寫在最後2nm芯片訂單從\"無人問津\"到\"一搶而空\"的轉變，揭示了半導體行業的發展規律。台積電的案例表明，在尖端芯片領域，技術領先性本身就是最大的競爭優勢。儘管成本高昂，但芯片製造商和下游廠商都能通過價格傳導機制將成本轉嫁至終端消費者。這也解釋了為什麼台積電能夠持續投入更先進製程的研發，因為只要能夠製造出來，就不愁沒有客户。目前，台積電已開始規劃更先進的1.4nm製程，預計2028年投產。而半導體行業的技術競賽仍在繼續，2nm訂單的變化只是這場漫長競爭中的一個小插曲。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}