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data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">驱å¨å ç´ ï¼å ³ç¨åæ±çæ 忧æ¶éãåºå天æ°ä¸éï¼åå²è¡¨æåºåä¸éé¢ç¤ºè¡ä»·ä¸æ¶¨ï¼ãçæå¼AIéæ±æ©æ£è³å¤é¢åã</span></span></span></span></section></li></ul><ol style="list-style-type: decimal;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="2."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">å ³é®é£é©</span></span></strong></span></span></section></li></ol><ul style="list-style-type: disc;padding-left: 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class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="2."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">ä¾åºé¾ç¶é¢ä¸çªç ´</span></span></strong></span></span></section></li></ol><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">CoWoS产è½</span></span></strong></span></span><span 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style="height: auto;width: auto;max-height: none;max-width: none;min-height: auto;min-width: auto;" width="1" /></section></section><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">HBMä¾åº</span></span></strong></span></span><span data-slate-node="text" data-remoteid="" data-asynid="" src="https://mmbiz.qlogo.cn/sz_mmbiz_png/VXjHib6YROwlgPOc7s6TPs5ZZVj5UlPHCZwowU4VfN8fELEPpbUtmNJ4VhzMYJRXib30OEGx96OujSZGwicuQzyvg/0?wx_fmt=png&from=appmsg" data-src="" src="https://ima-notebook-prod.image.myqcloud.com/2/Iq0YEe4oUhyNpfpqda0fYP/720f594d608749a7bd377130533f28da?q-sign-algorithm=sha1&q-ak=AKID9IDtLZZKqGRO7hVFnMn0zjXTXovoTtAN&q-sign-time=1755830789%3B1755859589&q-key-time=1755830789%3B1755859589&q-header-list=&q-url-param-list=&q-signature=de5dd2562b96797bfe7cef40e7351b8dfd57e5e0" align="" alt="" border="" data-ratio="" data-s="" data-type="png" data-w="" aria-label="" aria-braillelabel="" aria-description="" height="1" hspace="" ismap="" opacity="" sizes="" style="" title="" type="" usemap="" vspace="" width="1" data-width="" data-height="" data-croporisrc="" data-cropx1="" data-cropx2="" data-cropy1="" data-cropy2="" data-cropselx1="" data-cropselx2="" data-cropsely1="" data-cropsely2="" data-backw="" data-backh="" data-copyright="" data-oversubscription-url="" data-before-oversubscription-url="" data-galleryid="" data-gallerysupplier="" data-cardimg="" data-fileid="" data-imgfileid="100043685" data-positionback="" data-imgqrcoded="" 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data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlgPOc7s6TPs5ZZVj5UlPHCmqeGMGHfem4eWGDiaD2RPQd2rfH0R2R8gqpZHnZrzQ6N7peoyicUOeug/640?wx_fmt=png&from=appmsg" data-type="png" data-w="460" height="1" style="height: auto;width: auto;max-height: none;max-width: none;min-height: auto;min-width: auto;" width="1" /></section></section><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">ä¸å½æ¬åGPU</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼èªç»çé¢è®¡ä»2024å¹´34%åè³2027å¹´82%ï¼ä¸è¯å½é ï¼SMICï¼7nm产è½æ¯æ ¸å¿é©±å¨åã</span></span></span></span></section></li></ul><section data-mpa-md-key="text" style="font-size: 15px;margin-bottom: 16px;color: #333333;margin-left: 8px;margin-right:8px;margin-top: 16px;letter-spacing: 1px;" data-mpa-md-action-id="mem8d2i4yom" data-mpa-md-template="1"><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">ä¸ãéç¹å ¬å¸ä¸æèµæºä¼</span></span></strong></span></span></section><ol style="list-style-type: decimal;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="1."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">AIç¸å ³æ ç</span></span></strong></span></span></section></li></ol><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">å°ç§¯çµï¼TSMCï¼</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼AIæ¶å ¥å æ¯2027å¹´æè¾¾34%ï¼CoWoSæ©äº§åçè ï¼ç®æ ä»·NT$1,888ï¼+34%ä¸è¡ç©ºé´ï¼ã</span></span></span></span></section></li></ul><section data-mpa-md-key="common" style="margin-bottom: 16px;margin-left: 8px;margin-right:8px;margin-top: 16px;"><section nodeleaf="" style="height: auto;width: auto;max-height: none;max-width: none;min-height: auto;min-width: auto;"><img data-imgfileid="100043690" data-ratio="0.6025641025641025" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlgPOc7s6TPs5ZZVj5UlPHCibFZon05MeUSkZibZnkkzLoh7LrHiacMa18tNWz2MxU4AQ6ZR8RCoPJDg/640?wx_fmt=png&from=appmsg" data-type="png" data-w="468" height="1" style="height: auto;width: auto;max-height: none;max-width: none;min-height: auto;min-width: auto;" width="1" /></section></section><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">京å çµåï¼KYECï¼</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼NVIDIAæµè¯ä¸å¡è´¡ç®2025å¹´è¥æ¶æè¶ 25%ï¼æ¨å¨ä¸ç»©å¢é¿ã</span></span></span></span></section></li></ul><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true" data-remoteid="" data-asynid="" src="https://mmbiz.qlogo.cn/sz_mmbiz_png/VXjHib6YROwlgPOc7s6TPs5ZZVj5UlPHCibFZon05MeUSkZibZnkkzLoh7LrHiacMa18tNWz2MxU4AQ6ZR8RCoPJDg/0?wx_fmt=png&from=appmsg" data-src="" src="https://ima-notebook-prod.image.myqcloud.com/2/Iq0YEe4oUhyNpfpqda0fYP/1f30a2a3bf3241b293049667de1454e9?q-sign-algorithm=sha1&q-ak=AKID9IDtLZZKqGRO7hVFnMn0zjXTXovoTtAN&q-sign-time=1755830789%3B1755859589&q-key-time=1755830789%3B1755859589&q-header-list=&q-url-param-list=&q-signature=4fea311af3f01c00d310b63a3f7f5a38518296d1" align="" alt="" border="" data-ratio="" data-s="" data-type="png" data-w="" aria-label="" aria-braillelabel="" aria-description="" height="1" hspace="" ismap="" opacity="" sizes="" style="" title="" type="" usemap="" vspace="" width="1" data-width="" data-height="" data-croporisrc="" data-cropx1="" data-cropx2="" data-cropy1="" data-cropy2="" data-cropselx1="" data-cropselx2="" data-cropsely1="" data-cropsely2="" data-backw="" data-backh="" data-copyright="" data-oversubscription-url="" data-before-oversubscription-url="" data-galleryid="" data-gallerysupplier="" data-cardimg="" data-fileid="" data-imgfileid="100043684" data-positionback="" data-imgqrcoded="" data-imgid="" data-upload="" data-fromlib="" data-aiimageid="" data-cacheurl="" data-retry=""><span leaf="">åæçµåï¼GUCï¼</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ã</span></span></span></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">ä¸è¯ï¼Alchipï¼</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼å®å¶AIè¯ç设计æå¡é¾å¤´ï¼åçäºCSPèªç è¯çè¶å¿ã</span></span></span></span></section></li></ul><ol style="list-style-type: decimal;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="2."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">ç»åé¢åé¾å¤´</span></span></strong></span></span></section></li></ol><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">驱å¨IC</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼èåï¼Novatekï¼åçOLED DDIéæ±ï¼2025å¹´iPhone OLED DDIåºè´§é¢è®¡4600ä¸é¢ï¼ã</span></span></span></span></section></li></ul><section data-mpa-md-key="common" style="margin-bottom: 16px;margin-left: 8px;margin-right:8px;margin-top: 16px;"><section nodeleaf="" style="height: auto;width: auto;max-height: none;max-width: none;min-height: auto;min-width: auto;"><img data-imgfileid="100043691" data-ratio="0.5801886792452831" data-src="https://mmbiz.qpic.cn/sz_mmbiz_png/VXjHib6YROwlgPOc7s6TPs5ZZVj5UlPHCUyAV0WyBRgd5D4tMrbms3khybuibI5ZoLUx467xK7xHqeI5v4icRu4kA/640?wx_fmt=png&from=appmsg" data-type="png" data-w="424" height="1" style="height: auto;width: auto;max-height: none;max-width: none;min-height: auto;min-width: auto;" width="1" /></section></section><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">åçå导ä½</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼æ¯è¾¾å导ï¼Starpowerï¼ãæ¬æ°ç§æï¼Yangjieï¼åç汽车å导ä½æ¬ååã</span></span></span></span></section></li></ul><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">设å¤ä¸ææ</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼ASMPTï¼å°è£ 设å¤ï¼ãä¸å¾®å ¬å¸ï¼AMECï¼åçå è¿å°è£ ä¸å½äº§æ¿ä»£ã</span></span></span></span></section></li></ul><ol style="list-style-type: decimal;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="3."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">æ°å ´ææ¯å¸å±</span></span></strong></span></span></section></li></ol><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">CPOï¼å ±å°è£ å å¦ï¼</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼éä½é«éä¼ è¾åèçå ³é®ææ¯ï¼åéï¼Broadcomï¼ãæ¥æå ï¼ASEï¼ä¸ºä¸»è¦åä¸è ã</span></span></span></span></section></li></ul><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">WoWï¼æ¶åå å ï¼</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼åé¦çµï¼Winbondï¼çCUBEæ¹æ¡å¯æå带宽并éä½ææ¬ï¼2025-2030å¹´CAGRæè¾¾257%ã</span></span></span></span></section></li></ul><section data-mpa-md-key="text" style="font-size: 15px;margin-bottom: 16px;color: #333333;margin-left: 8px;margin-right:8px;margin-top: 16px;letter-spacing: 1px;" data-mpa-md-action-id="mem8d2ijh04" data-mpa-md-template="1"><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">åãä¸å½å¸åºç¦ç¹</span></span></strong></span></span></section><ol style="list-style-type: decimal;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="1."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">汽车å导ä½</span></span></strong></span></span></section></li></ol><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">æ¬ååæºé</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼ä¸å½çµå¨è½¦æ¸éçé¢å å ¨çï¼ä½è½¦ç¨è¯çèªç»çä» 15%ï¼2024å¹´ï¼ï¼2027å¹´ææåè³28%ã</span></span></span></span></section></li></ul><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">éç¹æ ç</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼å°å¹³çº¿ï¼Horizon Roboticsï¼èªå¨é©¾é©¶è¯çï¼ãé¦å°è¡ä»½ï¼OmniVisionï¼CISä¼ æå¨ï¼ãå æåæ°ï¼GigaDeviceï¼MCUï¼ã</span></span></span></span></section></li></ul><ol style="list-style-type: decimal;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="2."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">设å¤è¿å£æ¿ä»£</span></span></strong></span></span></section></li></ol><ul style="list-style-type: disc;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="bullet-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker=""></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">2025å¹´ä¸å年设å¤è¿å£åæ¯å¢é¿2%ï¼æ°å å¡æ为主è¦æ¥æºå°ã设å¤åï¼åæ¹ååãä¸å¾®å ¬å¸ï¼æç»åçæ¿çæ¯æã</span></span></span></span></section></li></ul><section data-mpa-md-key="text" style="font-size: 15px;margin-bottom: 16px;color: #333333;margin-left: 8px;margin-right:8px;margin-top: 16px;letter-spacing: 1px;" data-mpa-md-action-id="mem8d2io17ly" data-mpa-md-template="1"><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">äºãé£é©æ示</span></span></strong></span></span></section><ol style="list-style-type: decimal;padding-left: 1.2em;color: rgb(37, 37, 37);margin-left: 8px;margin-right: 8px;width: fit-content;" class="list-paddingleft-1"><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="1."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">æçå¶ç¨ç«äº</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼ä¸å½æ¶ååæçèç¹äº§è½è¿å©ï¼æ¯å©çæ¿åï¼SMICæ¯å©ç约15-25%ï¼ã</span></span></span></span></section></li><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="2."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">å°ç¼æ¿æ²»</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼ç¾å½éå¶é«ç«¯GPUåºå£å¯è½å éå½äº§æ¿ä»£ï¼ä½ææ¯å·®è·çæé¾å¼¥åã</span></span></span></span></section></li><li><section style="margin-bottom: 8px;font-size: 15px;color:#333333;letter-spacing: 1px;" data-mpa-md-content="t" data-mpa-md-key="ordered-list" data-mpa-md-action-id="$id" data-mpa-md-template="1"><span data-marker="3."></span><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">æ±çæ³¢å¨</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼æ°å°å¸åå¼å¯¹å°ä¼çå©ææååã</span></span></span></span></section></li></ol><section data-mpa-md-key="text" style="font-size: 15px;margin-bottom: 16px;color: #333333;margin-left: 8px;margin-right:8px;margin-top: 16px;letter-spacing: 1px;" data-mpa-md-action-id="mem8d2ir1qmm" data-mpa-md-template="1"><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">å ãå ³é®æ°æ®éè§</span></span></strong></span></span></section><table style="min-width: 75px;"><tbody><tr style=""><th style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">ææ </span></span></strong></span></span></p></th><th style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">2024/2025e</span></span></strong></span></span></p></th><th style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">2027e/2030e</span></span></strong></span></span></p></th></tr><tr style=""><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">ä¸å½GPUèªç»ç </span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">34% (2024)</span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">82% (2027e)</span></span></span></span></p></td></tr><tr style=""><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">äºAIå导ä½TAM </span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">-</span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">2350亿ç¾å (2025e)</span></span></span></span></p></td></tr><tr style=""><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">è¾¹ç¼AIå导ä½CAGR </span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">-</span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">22% (2023-2030e)</span></span></span></span></p></td></tr><tr style=""><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">CoWoS产è½ï¼å°ç§¯çµï¼ </span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">32kwpm (2024e)</span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">90kwpm (2026e)</span></span></span></span></p></td></tr><tr style=""><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">HBMéæ±</span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">-</span></span></span></span></p></td><td style=" max-width: 284.667px;min-width: 284.667px; "><p><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="" style="color: rgb(51, 51, 51);font-size: 15px;">160亿Gb (2025e)</span></span></span></span></p></td></tr></tbody></table><section data-mpa-md-key="text" style="font-size: 15px;margin-bottom: 16px;color: #333333;margin-left: 8px;margin-right:8px;margin-top: 16px;letter-spacing: 1px;" data-mpa-md-action-id="mem8d2ir1lfb" data-mpa-md-template="1"><span data-slate-node="text"><span data-slate-leaf="true"><strong><span data-slate-string="true"><span leaf="">ç»è®º</span></span></strong></span></span><span data-slate-node="text"><span data-slate-leaf="true"><span data-slate-string="true"><span leaf="">ï¼AIå导ä½ï¼å°¤å ¶æ¨çä¸å®å¶è¯çï¼ã汽车å导ä½æ¬ååãå è¿å°è£ ï¼CoWoS/WoWï¼æ¯æ ¸å¿å¢é¿ç¹ãå»ºè®®è¶ é å°ç§¯çµã京å çµåãåæçµåçAIä¾åºé¾é¾å¤´ï¼ä»¥åæ¯è¾¾å导ãå°å¹³çº¿ç汽车è¯çæ çï¼åæ¶å ³æ³¨æ±çåå°ç¼æ¿æ²»é£é©ã</span></span></span></span></section><section><span leaf=""><br /></span></section></section><p style="display: none;"><mp-style-type data-value="3"></mp-style-type></p>