大行评级|小摩:预计台积电或在2028年前加快扩产,维持“增持”评级

格隆汇
Oct 16
摩根大通发表研报指,由于先进晶圆供需缺口扩大及人工智能需求强劲,相信台积电很可能在2028年前加快扩产步伐。随着N3晶圆厂增建新厂房、N2产能急升及A14产能提早推进,该行预期台积电2027及28年的资本开支将分别增至900亿及1090亿美元。凭借强劲的综合均价上升及先进产能增长,该行预期台积电2027及28年以美元计算的收入将分别按年增长40%及28%。该行维持台积电台股“增持”评级,目标价3300元新台币。

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