摩根大通报告:台积电3nm产能告急,客户加价抢单致毛利率或破60%

ITBEAR科技资讯
Nov 12, 2025

随着人工智能和高性能计算领域的蓬勃发展,英伟达、苹果、高通等科技巨头对先进制程芯片的需求呈现爆发式增长。这一趋势直接导致台积电3纳米制程产能陷入前所未有的紧张状态,据摩根大通最新分析显示,2026年该制程将出现显著供需缺口。当前台积电3纳米产线已被主要客户全面锁定,包括英伟达Rubin系列、谷歌TPU v7、亚马逊Trainium3等AI芯片,以及苹果A19处理器、高通与联发科旗舰SoC等核心产品...

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