台积电25Q3财报点评:业绩稳健,指引略保守

塔子哥的随笔
Oct 16

台积电这份财报继续好于预期,其营收、利润、利润率等指标都意料之内beat市场预期。我们上调其年底目标价到330美元,对应市盈率为36x,较周四盘前仍有一定涨幅。展望后市,我们对台积电的预期依旧相当乐观,其未来的市占率和来自AI以及高性能计算的收入占比会进一步提升,在高端芯片代工领域形成事实上的垄断。【文末附详细分析】具体来看,台积电2025三季报主要财务数据如下:01利润表现营业收入9899.2亿...

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