亚翔集成：境外洁净室投建持续乐观

华泰证券股份有...01-16

2026 年1 月15 日台积电召开4Q25 法人说明会，就4Q25 经营表现进行了回顾，同时披露2026 财年资本开支计划为520~560 亿美金，同比2025 财年实际资本支出409 亿美元增加27%~37%。AI 应用需求落地下，先进制程、存储芯片供不应求，跨国半导体产业龙头建厂扩产需求明确，我们认为洁净室作为场务基础设施环节，基本面有望率先出现积极变化，亚翔集成作为高端电子洁净室工程服务...

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