台积电股价新高背后:英特尔威胁隐现,竞争风险待察

中国家电网
Oct 22, 2025

2025 年以来,台积电在算力芯片利好、iPhone 17 销量预期增加及 2 纳米制程量产的推动下,股价持续飙升,年内累计涨幅超 50%,市值突破 1.5 万亿美元。其 2025 年三季度财报显示,营收增速同比增长 30.3%,净利率达 45.7%,均远超市场预期。然而,在股价高歌猛进之际,英特尔正逐渐成为台积电的潜在威胁。英特尔的 18A 工艺将于 2025 年下半年启动量产,该工艺与台积电的...

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