<p><strong>台灣半導體制造公司</strong>（TSM +1.09%）的股票今年迄今已上漲了 35%。然而，TSMC 的漲幅與 <strong>費城半導體行業</strong> 指數 67% 的漲幅相比顯得微不足道。</p>
<p>但在公司於 7 月 16 日發佈第二季度業績後，這種情況可能會改變。讓我們看看 TSMC 即將發佈的業績為何可能會為這隻 半導體股票 注入強勁動力。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc5NDIvdGFpd2FuLXNlbWljb25kdWN0b3ItdHNtYy1idWlsZGluZy13aXRoLXRzbWMtbG9nby1pbi1mcm9udF90c21jLmpwZyZ3PTM4NDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="TSMC logo outside company headquarters." width="2000" height="1200" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc5NDIvdGFpd2FuLXNlbWljb25kdWN0b3ItdHNtYy1idWlsZGluZy13aXRoLXRzbWMtbG9nby1pbi1mcm9udF90c21jLmpwZyZ3PTM4NDA"/></p>
<p>圖片來源：TSMC。</p>
<h2>市場低估了 TSMC 的潛力</h2>
<p>根據 Counterpoint Research，TSMC 是全球最大的半導體代工廠，市場份額為 73%。代工廠製造無廠半導體公司（如 <strong>Nvidia</strong>、<strong>Broadcom</strong>、<strong>Advanced Micro Devices</strong>、<strong>Apple</strong> 等）設計的芯片。因此，TSMC 在全球半導體生態系統中扮演着至關重要的角色，為主要客户和各種應用製造芯片。</p>
<p>展開</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL1RTTS5wbmcmdz0xMjg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="台灣半導體制造公司股票報價" width="80" height="80" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL1RTTS5wbmcmdz0xMjg"/></p>
<h2>NYSE: TSM</h2>
<p>台灣半導體制造公司</p>
<p>今日變動</p>
<p>(1.09%) $4.70</p>
<p>當前價格</p>
<p>$437.27</p>
<h3>關鍵數據點</h3>
<p>市值</p>
<p>$2.3T 市值僅計算已公開交易的流通股，不包括未上市、私有或雙重類別非交易股份。隱含市值可能會有所不同。市值僅計算已公開交易的流通股，不包括未上市、私有或雙重類別非交易股份。隱含市值可能會有所不同。</p>
<p>日內區間</p>
<p>$428.75 - $440.39</p>
<p>52 周區間</p>
<p>$223.70 - $479.00</p>
<p>成交量</p>
<p>2.2K</p>
<p>平均成交量</p>
<p>14M</p>
<p>毛利率</p>
<p>60.72%</p>
<p>股息收益率</p>
<p>0.80%</p>
<p>作為最大的半導體代工廠，TSMC 擁有巨大的定價權。_Tom's Hardware_上個月報道，TSMC 將提高其先進芯片製造節點的價格 5% 至 10%。報告補充説，TSMC 已經開始實施價格上漲。值得注意的是，TSMC 在一個月前並不打算提高其先進工藝節點的價格，但似乎對其芯片的強勁需求最終促使了這一舉措。</p>
<p>畢竟，TSMC 的先進節點（7 納米及更小）用於製造數據中心、智能手機和個人電腦（PC）的人工智能（AI）芯片。AI 加速器，如圖形處理單元（GPU）和定製芯片，需求旺盛。公司指出，其 AI 加速器的收入預計到 2029 年將以高達 50% 的複合年增長率（CAGR）增長。</p>
<p>鑑於 TSMC 預計由於半導體需求的快速增長，緊張的供應狀況將持續，因此看到這家代工巨頭進一步漲價並不令人驚訝。TSMC 最近指出，全球半導體行業的收入到 2030 年可能達到 1.5 萬億美元，比之前的預測增長 50%。</p>
<p>該公司一直在加速建設先進的晶圓廠，以服務高性能計算（HPC）和智能手機市場。這些先進節點由於提供更好的性能和效率而要求更高的價格，這表明它們可以推動 TSMC 的收入和盈利的更強勁增長。</p>
<p>因此，看到 TSMC 的盈利增長超過分析師預計的 2026 年 49% 的底線增長並不令人驚訝。</p>
<h2>為什麼股票在 7 月 16 日後可能會加速上漲</h2>
<p>我們已經看到，TSMC 能夠超越華爾街的增長預期，這得益於強勁的半導體需求和公司的強大定價權。因此，該公司第二季度每股收益超過 3.83 美元的共識預期的可能性很大，這表明其底線同比增長 55%。</p>
<p>TSMC 在第一季度的盈利同比增長近 65%，而報告的價格上漲可能幫助其在當前季度匹配這一增長率。此外，分析師預測 TSMC 第三季度的盈利將同比增長 45%，儘管上述討論的因素表明它可能會表現得更好。因此，TSMC 強於預期的業績和指引可能為這隻芯片股票在下半年以及長期的進一步上漲鋪平道路。</p>

台積電

2 倍做多 TSM ETF - GraniteShares

2 倍做多台積電 ETF - Direxion

<p>台積電的股票在 7 月 16 日發佈第二季度財報後可能會大幅上漲，可能會超越費城交易所半導體行業指數。作為市場份額達到 73% 的主導代工廠，台積電受益於強勁的人工智能芯片需求以及近期在先進製程上提價 5-10%。分析師預計第二季度每股收益將超過 3.83 美元，主要受強大的定價能力和供應限制的推動，這暗示着這家半導體巨頭有顯著的上漲空間</p>

<p><strong>Taiwan Semiconductor Manufacturing</strong>( TSM +1.09%) stock has clocked respectable gains of 35% so far this year. However, TSMC's gains pale in comparison to the 67% jump in the <strong>PHLX Semiconductor Sector</strong> index.</p>
<div class="lb-trans"><p><strong>台灣半導體制造公司</strong>（TSM +1.09%）的股票今年迄今已上漲了 35%。然而，TSMC 的漲幅與 <strong>費城半導體行業</strong> 指數 67% 的漲幅相比顯得微不足道。</p>
</div><p>But that may change after the company releases its second-quarter results on July 16. Let's look at the reasons why TSMC's upcoming results could supercharge this semiconductor stock next week.</p>
<div class="lb-trans"><p>但在公司於 7 月 16 日發佈第二季度業績後，這種情況可能會改變。讓我們看看 TSMC 即將發佈的業績為何可能會為這隻 半導體股票 注入強勁動力。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Nzc5NDIvdGFpd2FuLXNlbWljb25kdWN0b3ItdHNtYy1idWlsZGluZy13aXRoLXRzbWMtbG9nby1pbi1mcm9udF90c21jLmpwZyZ3PTM4NDA" alt="TSMC logo outside company headquarters." original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F877942%2Ftaiwan-semiconductor-tsmc-building-with-tsmc-logo-in-front_tsmc.jpg&amp;w=3840&amp;op=resize"/></p>
<p>Image source: TSMC.</p>
<div class="lb-trans"><p>圖片來源：TSMC。</p>
</div><h2>The market is underestimating TSMC's potential</h2>
<div class="lb-trans"><h2>市場低估了 TSMC 的潛力</h2>
</div><p>TSMC is the world's largest semiconductor foundry, with a market share of 73%, according to Counterpoint Research. Foundries manufacture chips that fabless companies, such as <strong>Nvidia</strong>, <strong>Broadcom</strong>, <strong>Advanced Micro Devices</strong>, <strong>Apple</strong>, and others design. TSMC, therefore, plays a crucial role in the global semiconductor ecosystem, manufacturing chips for major customers and for a wide variety of applications.</p>
<div class="lb-trans"><p>根據 Counterpoint Research，TSMC 是全球最大的半導體代工廠，市場份額為 73%。代工廠製造無廠半導體公司（如 <strong>Nvidia</strong>、<strong>Broadcom</strong>、<strong>Advanced Micro Devices</strong>、<strong>Apple</strong> 等）設計的芯片。因此，TSMC 在全球半導體生態系統中扮演着至關重要的角色，為主要客户和各種應用製造芯片。</p>
</div><p>Expand</p>
<div class="lb-trans"><p>展開</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vYXJ0L2NvbXBhbnlsb2dvcy9tYXJrL1RTTS5wbmcmdz0xMjg" alt="Taiwan Semiconductor Manufacturing Stock Quote" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Fart%2Fcompanylogos%2Fmark%2FTSM.png&amp;w=128&amp;op=resize"/></p>
<h2>NYSE: TSM</h2>
<div class="lb-trans"><h2>NYSE: TSM</h2>
</div><p>Taiwan Semiconductor Manufacturing</p>
<div class="lb-trans"><p>台灣半導體制造公司</p>
</div><p>Today's Change</p>
<div class="lb-trans"><p>今日變動</p>
</div><p>(1.09%) $4.70</p>
<div class="lb-trans"><p>(1.09%) $4.70</p>
</div><p>Current Price</p>
<div class="lb-trans"><p>當前價格</p>
</div><p>$437.27</p>
<div class="lb-trans"><p>$437.27</p>
</div><h3>Key Data Points</h3>
<div class="lb-trans"><h3>關鍵數據點</h3>
</div><p>Market Cap</p>
<div class="lb-trans"><p>市值</p>
</div><p>$2.3TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.Market cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.</p>
<div class="lb-trans"><p>$2.3T 市值僅計算已公開交易的流通股，不包括未上市、私有或雙重類別非交易股份。隱含市值可能會有所不同。市值僅計算已公開交易的流通股，不包括未上市、私有或雙重類別非交易股份。隱含市值可能會有所不同。</p>
</div><p>Day's Range</p>
<div class="lb-trans"><p>日內區間</p>
</div><p>$428.75 - $440.39</p>
<div class="lb-trans"><p>$428.75 - $440.39</p>
</div><p>52wk Range</p>
<div class="lb-trans"><p>52 周區間</p>
</div><p>$223.70 - $479.00</p>
<div class="lb-trans"><p>$223.70 - $479.00</p>
</div><p>Volume</p>
<div class="lb-trans"><p>成交量</p>
</div><p>2.2K</p>
<div class="lb-trans"><p>2.2K</p>
</div><p>Avg Vol</p>
<div class="lb-trans"><p>平均成交量</p>
</div><p>14M</p>
<div class="lb-trans"><p>14M</p>
</div><p>Gross Margin</p>
<div class="lb-trans"><p>毛利率</p>
</div><p>60.72%</p>
<div class="lb-trans"><p>60.72%</p>
</div><p>Dividend Yield</p>
<div class="lb-trans"><p>股息收益率</p>
</div><p>0.80%</p>
<div class="lb-trans"><p>0.80%</p>
</div><p>TSMC's position as the largest semiconductor foundry gives it immense pricing power. <em>Tom's Hardware</em> reported last month that it is going to increase the prices of its advanced chipmaking nodes by 5% to 10%. The report added that TSMC has already started rolling out the price hikes. What's worth noting is that TSMC wasn't looking to hike the price of its advanced process nodes just a month ago, but it seems the overwhelming demand for its chips eventually led to such a step.</p>
<div class="lb-trans"><p>作為最大的半導體代工廠，TSMC 擁有巨大的定價權。_Tom's Hardware_上個月報道，TSMC 將提高其先進芯片製造節點的價格 5% 至 10%。報告補充説，TSMC 已經開始實施價格上漲。值得注意的是，TSMC 在一個月前並不打算提高其先進工藝節點的價格，但似乎對其芯片的強勁需求最終促使了這一舉措。</p>
</div><p>After all, TSMC's advanced nodes, which are 7-nanometer (nm) and smaller, are used to make artificial intelligence (AI) chips for data centers, smartphones, and personal computers (PCs). AI accelerators, such as graphics processing units (GPUs) and custom chips, are in terrific demand. The company notes that its AI accelerator revenue will increase at a compound annual growth rate (CAGR) in the high 50% range through 2029.</p>
<div class="lb-trans"><p>畢竟，TSMC 的先進節點（7 納米及更小）用於製造數據中心、智能手機和個人電腦（PC）的人工智能（AI）芯片。AI 加速器，如圖形處理單元（GPU）和定製芯片，需求旺盛。公司指出，其 AI 加速器的收入預計到 2029 年將以高達 50% 的複合年增長率（CAGR）增長。</p>
</div><p>Given that TSMC expects the tight supply situation to persist due to rapidly growing semiconductor demand, it won't be surprising to see further price hikes from the foundry giant. TSMC recently pointed out that the global semiconductor industry's revenue could reach $1.5 trillion in 2030, up 50% from its earlier forecast.</p>
<div class="lb-trans"><p>鑑於 TSMC 預計由於半導體需求的快速增長，緊張的供應狀況將持續，因此看到這家代工巨頭進一步漲價並不令人驚訝。TSMC 最近指出，全球半導體行業的收入到 2030 年可能達到 1.5 萬億美元，比之前的預測增長 50%。</p>
</div><p>The company has been accelerating the build-out of advanced fabs to serve the high-performance computing (HPC) and smartphone markets. These advanced nodes command higher prices due to the better performance and efficiency they offer, suggesting they can drive a stronger increase in TSMC's revenue and earnings.</p>
<div class="lb-trans"><p>該公司一直在加速建設先進的晶圓廠，以服務高性能計算（HPC）和智能手機市場。這些先進節點由於提供更好的性能和效率而要求更高的價格，這表明它們可以推動 TSMC 的收入和盈利的更強勁增長。</p>
</div><p>So, it won't be surprising to see TSMC's earnings growth outpacing the 49% bottom-line jump that analysts are expecting in 2026.</p>
<div class="lb-trans"><p>因此，看到 TSMC 的盈利增長超過分析師預計的 2026 年 49% 的底線增長並不令人驚訝。</p>
</div><h2>Why the stock could step on the gas after July 16</h2>
<div class="lb-trans"><h2>為什麼股票在 7 月 16 日後可能會加速上漲</h2>
</div><p>We have seen that TSMC can exceed Wall Street's growth expectations due to the terrific semiconductor demand and the company's strong pricing power. As a result, there is a strong likelihood the company's Q2 earnings per share will exceed the $3.83 consensus estimate, which suggests a 55% year-over-year increase in its bottom line.</p>
<div class="lb-trans"><p>我們已經看到，TSMC 能夠超越華爾街的增長預期，這得益於強勁的半導體需求和公司的強大定價權。因此，該公司第二季度每股收益超過 3.83 美元的共識預期的可能性很大，這表明其底線同比增長 55%。</p>
</div><p>TSMC's earnings increased nearly 65% year-over-year in Q1, and the reported price hikes could help it match that growth rate in the current quarter. Also, analysts are forecasting TSMC's Q3 earnings to increase by 45% year over year, though the points discussed above indicate it could do better than that. So, TSMC's stronger-than-expected results and guidance could pave the way for more upside in this chip stock in the second half of the year, and in the long run.</p>
<div class="lb-trans"><p>TSMC 在第一季度的盈利同比增長近 65%，而報告的價格上漲可能幫助其在當前季度匹配這一增長率。此外，分析師預測 TSMC 第三季度的盈利將同比增長 45%，儘管上述討論的因素表明它可能會表現得更好。因此，TSMC 強於預期的業績和指引可能為這隻芯片股票在下半年以及長期的進一步上漲鋪平道路。</p>
</div>

Prediction: TSMC Stock Is Going to Soar After July 16

- TSMC 股票今年漲幅達到 35%，但低於 PHLX 半導體指數的 67%。  
- TSMC 即將在 7 月 16 日發佈二季度財報，可能超出市場預期。  
- 預計盈利將增 55%，因需求強勁及提價措施推動收入增長。

預測：台積電股票將在 7 月 16 日之後大幅上漲