景硕、欣兴、南电等高_老虎社区_美港股上老虎 - 老虎社区

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圣骑士
05-19

景硕、欣兴、南电等高阶ABF基板厂有哪个是上市公司？

台积电CPO布局升级加速，ABF基板供需恐再现紧张局面

AI数据中心军备竞赛蔓延至新战场——台积电光电共封装方案"COUPE on Substrate"将于2026年下半年量产，技术路线从先进制程升级至光电系统整合。AI GPU所需ABF基板材料消耗量较传统CPU暴增5至10倍，英伟达或效仿锁定CoWoS与HBM产能的惯例提前锁定ABF基板。

台积电CPO布局升级加速，ABF基板供需恐再现紧张局面

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}\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n台积电CPO布局升级加速，ABF基板供需恐再现紧张局面\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1084101182\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/66809d1f5c2e43e2bdf15820c6d6897e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">华尔街见闻 </p>\n<p class=\"h-time\">2026-05-18 10:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><blockquote><p>AI数据中心军备竞赛蔓延至新战场——台积电光电共封装方案&#34;COUPE on Substrate&#34;将于2026年下半年量产，技术路线从先进制程升级至光电系统整合。AI GPU所需ABF基板材料消耗量较传统CPU暴增5至10倍，英伟达或效仿锁定CoWoS与HBM产能的惯例提前锁定ABF基板。</p></blockquote><p>AI数据中心高速传输需求持续爆发，正将半导体供应链竞争推向新战场。</p><p>据中国台湾媒体《工商时报》周一报道，<a href=\"https://laohu8.com/S/TSM\">台积电</a>近期披露，结合紧凑型通用光子引擎（COUPE）的&#34;COUPE on Substrate&#34;方案<strong>预计于2026年下半年进入量产。</strong></p><p>业界将此解读为<strong>AI芯片制造从&#34;先进制程＋先进封装&#34;迈向&#34;<a href=\"https://laohu8.com/S/600184\">光电</a>共封装＋系统整合&#34;新阶段的关键信号，竞争焦点正进一步延伸至ABF基板与光电共封装整合领域。</strong></p><p>随着<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>新一代Vera Rubin平台持续提升AI GPU、HBM与高速网络互连整合度，<strong>英伟达下一步锁定的供应链瓶颈很可能正是ABF基板——手段包括框架协议、预付款、战略合作乃至股权投资等方式，以避免重演此前CoWoS与HBM供应吃紧的局面。</strong>市场预期，在AI GPU、ASIC与CPO需求同步拉升下，高阶ABF基板明年不排除再度出现供不应求。</p><h2 id=\"id_3273644154\">台积电CPO延伸至基板层级，技术路线升级</h2><p>台积电此次将COUPE方案延伸至基板层级，标志着AI芯片封装技术路线的重要演进。供应链指出，当光学元件越靠近运算芯片，数据传输距离越短，可同步降低信号损耗、延迟与功耗，对AI服务器从单机性能竞赛走向整柜、整集群效能竞赛具有关键意义。</p><p>英伟达近期亦宣布与<a href=\"https://laohu8.com/S/GLW\">康宁</a>（Corning）深化合作，扩大AI数据中心光学元件供应布局，以确保未来高速光互连所需产能。分析人士认为，上述动作共同指向同一方向：随着云端服务供应商（CSP）持续追求更高机柜效率与更低功耗，晶圆代工、HBM、光纤、光模块与ABF基板等关键环节，均可能成为AI大厂提前锁定产能的核心战略资源。</p><h2 id=\"id_2702580886\">ABF基板需求结构性抬升，消耗量较传统CPU提升数倍</h2><p>供应链透露，相较传统CPU基板，AI GPU与ASIC所需的基板面积与层数大幅增加，ABF材料消耗量提升5至10倍。随着AI GPU、ASIC及高阶网通芯片需求持续攀升，高阶ABF基板的供需结构恐将长期维持偏紧态势。</p><p>媒体分析认为，英伟达不排除通过长约、预付款甚至战略合作等方式提前锁定高阶基板产能，以规避供应链风险。这一预期与英伟达此前在CoWoS封装及HBM内存领域的产能锁定策略一脉相承。</p><p>景硕、欣兴、南电等高阶ABF基板厂均有望受益于上述需求趋势。其中，已切入英伟达Vera Rubin平台供应链的景硕，受益程度相对突出。业界预期，在CPO逐步成为未来AI服务器主流架构的背景下，高阶ABF基板的战略地位将持续提升，相关厂商的产能与技术布局或将成为供应链谈判的重要筹码。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://community-static.tradeup.com/news/01eaf058af436cca2f4a0dfb3f908c1a","relate_stocks":{"IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","BK4527":"明星科技股","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 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GPU所需ABF基板材料消耗量较传统CPU暴增5至10倍，英伟达或效仿锁定CoWoS与HBM产能的惯例提前锁定ABF基板。AI数据中心高速传输需求持续爆发，正将半导体供应链竞争推向新战场。据中国台湾媒体《工商时报》周一报道，台积电近期披露，结合紧凑型通用光子引擎（COUPE）的\"COUPE on Substrate\"方案预计于2026年下半年进入量产。业界将此解读为AI芯片制造从\"先进制程＋先进封装\"迈向\"光电共封装＋系统整合\"新阶段的关键信号，竞争焦点正进一步延伸至ABF基板与光电共封装整合领域。随着英伟达新一代Vera Rubin平台持续提升AI GPU、HBM与高速网络互连整合度，英伟达下一步锁定的供应链瓶颈很可能正是ABF基板——手段包括框架协议、预付款、战略合作乃至股权投资等方式，以避免重演此前CoWoS与HBM供应吃紧的局面。市场预期，在AI GPU、ASIC与CPO需求同步拉升下，高阶ABF基板明年不排除再度出现供不应求。台积电CPO延伸至基板层级，技术路线升级台积电此次将COUPE方案延伸至基板层级，标志着AI芯片封装技术路线的重要演进。供应链指出，当光学元件越靠近运算芯片，数据传输距离越短，可同步降低信号损耗、延迟与功耗，对AI服务器从单机性能竞赛走向整柜、整集群效能竞赛具有关键意义。英伟达近期亦宣布与康宁（Corning）深化合作，扩大AI数据中心光学元件供应布局，以确保未来高速光互连所需产能。分析人士认为，上述动作共同指向同一方向：随着云端服务供应商（CSP）持续追求更高机柜效率与更低功耗，晶圆代工、HBM、光纤、光模块与ABF基板等关键环节，均可能成为AI大厂提前锁定产能的核心战略资源。ABF基板需求结构性抬升，消耗量较传统CPU提升数倍供应链透露，相较传统CPU基板，AI GPU与ASIC所需的基板面积与层数大幅增加，ABF材料消耗量提升5至10倍。随着AI GPU、ASIC及高阶网通芯片需求持续攀升，高阶ABF基板的供需结构恐将长期维持偏紧态势。媒体分析认为，英伟达不排除通过长约、预付款甚至战略合作等方式提前锁定高阶基板产能，以规避供应链风险。这一预期与英伟达此前在CoWoS封装及HBM内存领域的产能锁定策略一脉相承。景硕、欣兴、南电等高阶ABF基板厂均有望受益于上述需求趋势。其中，已切入英伟达Vera Rubin平台供应链的景硕，受益程度相对突出。业界预期，在CPO逐步成为未来AI服务器主流架构的背景下，高阶ABF基板的战略地位将持续提升，相关厂商的产能与技术布局或将成为供应链谈判的重要筹码。","news_type":1,"symbols_score_info":{"TSMX":0.6,"TSMU":0.6,"STSM":0.6,"TSM":1.96,"03145":0.6,"TSMZ":0.6,"TSMY":0.6,"TSMG":0.6}},"isVote":1,"tweetType":1,"viewCount":110,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":46,"optionInvolvedFlag":false,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}