Alpha派每日一图:#台积电炸裂的capex指引

Alpha派课代表01-16

1、台积电指引深度解读——AI需求“真实且强劲”台积电在最新的业绩交流中释放了极强的积极信号，核心逻辑已从对宏观经济的“审慎”全面转向对AI需求的“乐观”。2、先进封装（CoWoS）瓶颈与设备材料机会台积电明确指出，尽管积极扩产，但CoWoS产能依然供不应求。这一供需缺口正在推动两个方向的投资机会：一是设备端的国产替代，二是材料端的弹性释放。3、光互联与CPO的共振——1.6T时代的“军备竞赛”...

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