companies / TWSE
台積電
Sole foundry for Rubin (N3P process) and CoWoS-L packaging.
近 30 天股價
市值 NT$61.72兆
最新估值
Foundry-peer EV/EBITDA comps. Peer set: UMC (2303.TW, ~9.2x), GFS (~9.6x), SMIC (0981.HK, ~13.7x), Samsung (005930.KS, ~9.6x conglomerate-level — foundry slice ~22x but consolidated as ~10x; kept with caveat). Intel excluded (IFS loss-making). Ex-Samsung clean median 9.6x; applied **15.0x** to reflect TSMC quasi-monopoly on leading-edge logic + CoWoS rationing — well above peer median, in line with market-implied multiple at spot TWD 2,255. CY26E EBITDA mid TWD 3,123B (~USD 95B), built top-down: revenue CAGR FY25→FY28 ≈ 21.5% on HPC mix expansion (51% → 70%) anchored to weilab supply-chain forecasts for Rubin nvl72/nvl144-cpx/nvl576, AMD MI450/MI455x, Google TPU v7p/v8i/v8t. EBITDA margin 67–68.5%, flattening on Fab 21 (Arizona) + Kumamoto D&A drag. Headline implied MID = TWD 1,850 → **-18% vs spot 2,255**. Honest comps read for a quasi-monopoly: any reasonable foundry-peer multiple under-prices TSMC. HIGH case (18x × high EBITDA) ≈ TWD 2,375 covers spot. Pair this with the same-day DCF if generated. xlsx: data/valuations/2026-05-24-2330-tw-2.xlsx (local-only, not in git). Peer spots: Samsung 005930.KS fresh from weilab stock_quotes 2026-05-22; UMC/GFS/SMIC flagged stale_estimate.
看歷史估值 →在 BOM 上的位置
- 1°N1X SoC — Blackwell GPU chiplet
- secondaryN1X SoC — MediaTek CPU/IO chiplet
- secondaryN1X SoC — MediaTek CPU/IO chiplet
- 1°N1X SoC — Blackwell GPU chiplet
- 1°Rubin GPU die· 99%
- 1°CoWoS-L interposer· 99%
- 1°Vera CPU die· 99%
- 1°Rubin CPX GPU die· 99%
- 1°CoWoS-L interposer· 99%
- 1°Vera CPU die· 99%
- 1°Rubin Ultra GPU die· 99%
- 1°CoWoS-L interposer· 99%
- 1°Vera CPU die· 99%
- 1°MI450 GPU die· 99%
- 1°EPYC Venice CPU· 99%
- 1°CoWoS-L 3.5D interposer· 99%
- 1°MI455X GPU die· 99%
- 1°EPYC Venice CPU· 99%
- 1°CoWoS-L 3.5D interposer· 99%
- foundryGPU compute die· 99%
- 1°CoWoS-S· 99%
- foundryGPU compute die· 99%
- foundryI/O die· 99%
- 1°CoWoS-S· 99%
- foundryCompute die· 99%
- 1°CoWoS-S / EMIB· 99%
題材歸屬
- AI PC — NVIDIA 用 RTX Spark / N1X 正式踏進 PC（MediaTek 2454 + TSMC 2330）hotPrimary
TSMC 台積電 — N1X 以 3nm 投片；AI PC SoC（N1X / Ryzen AI / Snapdragon X）共同代工方
- TGV 製程設備鏈 — 8 大步驟拆解，雷射 + 蝕刻是良率瓶頸最厚的商機hotPrimary
CoPoS 主導者；2026-02 開始送設備到 R&D、2026-06 VisEra pilot line、2028-29 量產；NVIDIA + AMD 已預訂；Chiayi AP7 為 hub
- TGV 玻璃基板題材 — Intel GCS 與 TSMC CoPoS 兩條獨立路線watchPrimary
TSMC — CoPoS 主導者，2026-02 開始送設備到 R&D、2026-06 VisEra pilot line、2028-29 量產，NVIDIA + AMD 確認客戶；Chiayi 為 hub 整合 CoPoS / SoIC / WMCM
在 research 中被提到
- Google TPU v8 / v9 供應鏈拆解（Sunfish / Zebrafish 與第九代展望）
…的環節；如果 EMIB 真的被 Google 採用，反而能舒緩這個瓶頸。 - **TSMC**：N2 雙線（Sunfish + Zebrafish）+ CoWoS 雙客戶（Broadcom + MediaTek）幾乎鎖死了 Google 在台積電的 wafer / advanced packaging 雙端產能。 - **Intel**：EMIB 是擠進 Google 客製矽供應鏈的後門票；2027 H2 是觀察「EMIB 能否真正接走 Google 8e 量」的關鍵時點。 …
- 光聖科技 (6442.TWO)：從光纖被動元件到 CPO 矽光子主動光源
…法說會口頭指引從「光通訊占 80%」進一步切到「AI 客戶占 X%」的數字披露。 - **合聖 IPO 進度**：2026 H1 公開發行是否如期、2027 興櫃登錄前是否揭露 ELS 量產認證客戶（NVIDIA / Broadcom / 台積電矽光子聯盟成員）。 - **菲律賓新廠貢獻**：2026 全年產能利用率是否從滿載再擴張，是判斷光聖 ramp 上限的關鍵。 - **波若威 Fiber Shuffle Box 量產進度**：2027 Q1 月產 10k 套若達成，反…
財報 highlight
| 期別 | Revenue | Gross profit | Operating income | EPS | 毛利率 | 營益率 | YoY | QoQ | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026Q1 | NT$1.13兆 | NT$0 | — | — | 0.0% | — | +35.10% | +8.41% | yahoo-finance2 |
| 2025Q4 | NT$1.05兆 | NT$0 | — | — | 0.0% | — | — | +5.67% | yahoo-finance2 |
| 2025Q3 | NT$9899.18億 | NT$0 | — | — | 0.0% | — | — | +6.01% | yahoo-finance2 |
| 2025Q2 | NT$9337.92億 | NT$0 | — | — | 0.0% | — | — | — | yahoo-finance2 |
法說 / IR events
競爭對手
相關公司
在 BOM 上跟該公司同列出現的廠商 — 可能是同層 supplier、補位 source、或客戶端，不一定是競爭關係。
新聞 timeline
- Taiwan Semiconductor Manufacturing Company Limited (2330.TW) Stock Price, News, Quote & History - Yahoo Finance2026-06-20 · finance.yahoo.com
Taiwan Semiconductor Manufacturing Company Limited (2330.TW) Stock Price, News, Quote & History - Yahoo Finance. * [Finance](https://finance.yahoo.com/). + [Finance](https://finance.yahoo.com/). - [My portfolio](https://finance.yahoo.com/portfolios/). - [News](https://finance.yahoo.com/news/). - [Markets](https://finance.yahoo.com/markets/). - [Community](https://finance.yahoo.com/community/). - [Videos](https://finance.yahoo.com/videos/). 1. [My Portfolio](https://finance.yahoo.com/portfolios/). 2. [News](https://finance.yahoo.com/news/). 4. [Stock market](https://finance.yahoo.com/topic/stock-market-news/). 6. [Crypto](https://finance.yahoo.com/markets/crypto/). 1. [Economies](https://finance.yahoo.com/topic/economic-news/). 2. [Earnings](https://finance.yahoo.com/topic/earnings/). 3. [H
- 台積電(2330.TW) 走勢圖 - Yahoo股市2026-06-20 · tw.stock.yahoo.com
# Yahoo股市. # 台積電. 收盤 | 2026/06/18 14:30 更新. 32.40 (72.51)本益比 (同業平均). ## 台積電即時行情. 註：成交金額不含盤後定價、零股、鉅額、拍賣及標購. * 成交金額(億)1,114.67. ## 含有 台積電 的 ETF. ## 相關權證. 台股資料來源臺灣證券交易所、臺灣期貨交易所及財團法人中華民國證券櫃檯買賣中心，國際股市資料來源請參考 Yahoo Finance。使用Yahoo股市服務前，請您詳閱相關使用規範與聲明。.
- 2330-TW: Taiwan Semiconductor Manufacturing Co Ltd - Stock Price, Quote and News - CNBC2026-06-20 · cnbc.com
* [Question if Intel deserves AMD-level valuation, says Wedbush Securities' Matt Bryson](https://www.cnbc.com/video/2026/06/18/question-if-intel-deserves-amd-level-valuation-says-wedbush-securities-matt-bryson.html "Question if Intel deserves AMD-level valuation, says Wedbush Securities' Matt Bryson")CNBC.com. * [Under CEO Lip-Bu Tan, Intel's foundry problems have been solved, says Jim Cramer](https://www.cnbc.com/video/2026/06/17/under-ceo-lip-bu-tan-intels-foundry-problems-have-been-solved-says-jim-cramer.html "Under CEO Lip-Bu Tan, Intel's foundry problems have been solved, says Jim Cramer")CNBC.com. * [The stock you want to buy is
- CMoney 股市爆料同學會 - 理財寶2026-06-20 · cmoney.tw
# 台積電 2330. 市值(億) 618,485.4. ### 同學都在看. ### 熱門 ETF. ## 電子上游-IC-代工. ## 相關概念股. ## 五大持有 2330 的ETF/基金.
- 台積電 2330 - 總覽 | 鉅亨網 - 台股2026-06-20 · cnyes.com
## 台積電2330. ## 績效表現. ## 公司簡介. ### 台灣積體電路製造股份有限公司. ## 營業構成. ## 新聞快訊. ### 外資近5日賣超個股. ### 主動3檔新兵報到！台股ETF受益人突破1700萬大關 33檔創高. ### 6月熱門ETF除息月配、季配一表看！配息率最高16% 緊盯這2檔配1至1.26元. ### 現金流為王！台股大漲高股息ETF全面創高 00961年化14%勇奪月配息「息王」. ## 個股聊天. media-icon'%3e%3cmask%20id='b'%20fill='%23fff'%3e%3cuse%20xlink:href='%23a'/%3e%3c/mask%3e%3cpath%20fill='%23383838'%20d='M31.331%203.592c-.368-1.414-1.452-2.527-2.829-2.905C26.007%200%2016%200%2016%200S5.993%200%203.498.687c-1.377.378-2.461%201.49-2.83%202.905C0%206.154%200%2011.5%200%2011.5s0%205.346.669%207.908c.368%201.414%201.452%202.528%202.829%202.905C5.993%2023%2016%2023%2016%2023s10.007%200%2012.502-.687c1.377-.377%202.461-1.49%202.83-2.905C32%2016.846%2032%2011.5%2032%2011.5s0-5.346-.669-7.908'%20mask='url(%23b)'/%3e%3c/g%3e%3cpath%20fill='%23FFF'%20d='M18%2026.