{"id":75,"date":"2026-10-28T15:11:31","date_gmt":"2026-10-28T07:11:31","guid":{"rendered":"https:\/\/ifa.ai\/research\/2454tt\/"},"modified":"2026-11-13T21:49:09","modified_gmt":"2026-11-13T13:49:09","slug":"2454tt","status":"publish","type":"post","link":"https:\/\/ifa.ai\/research\/2454tt\/","title":{"rendered":"[\u806f\u767c\u79d1 (2454)] \u505a\u4ec0\u9ebc\uff1f\u53ef\u4ee5\u8cb7\u55ce\uff1f\u80a1\u50f9\u8207\u57fa\u672c\u9762\uff0d\u5f9e\u50f9\u503c\u6295\u8cc7\u8207\u7cfb\u7d71\u5316\u9078\u80a1\u7b56\u7565\u770b\u806f\u767c\u79d1"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"post-templates\/template-1.php","format":"standard","meta":{"ifam_symbol":"2454","ifam_company":"\u806f\u767c\u79d1","ifam_market":"\u53f0\u80a1","ifam_updated_at":"","ifam_business":"<p><strong>\u806f\u767c\u79d1\u6280\uff082454\uff09\u4e3b\u8981\u7684\u71df\u6536\u4f86\u6e90\u662f\u92b7\u552e\u81ea\u884c\u8a2d\u8a08\u7684\u7cfb\u7d71\u55ae\u6676\u7247\uff1a\u628a\u8655\u7406\u5668\u3001\u901a\u8a0a\u3001\u5f71\u50cf\u8207\u96fb\u6e90\u7ba1\u7406\u6574\u5408\u5230\u55ae\u4e00\u6676\u7247\uff0c\u8ce3\u7d66\u624b\u6a5f\u3001\u96fb\u8996\u3001\u7db2\u901a\u8207\u8eca\u7528\u7b49\u7d42\u7aef\u54c1\u724c\u3002<\/strong><\/p>\n<p>\u516c\u53f8\u662f IC \u8a2d\u8a08\u516c\u53f8\uff0c\u71df\u6536\u5e7e\u4e4e\u5168\u90e8\u4f86\u81ea\u6676\u7247\u92b7\u552e\uff1a2026 \u5e74\u4e0a\u534a\u5e74\u5546\u54c1\u92b7\u552e\u6536\u5165\u5360\u5408\u4f75\u71df\u6536 98.4%\uff0c\u5176\u9918 1.6% \u70ba\u52de\u52d9\u53ca\u5176\u4ed6\u71df\u696d\u6536\u5165\u3002\u4f9d\u6cd5\u8aaa\u6703\u7684\u7522\u54c1\u985e\u5225\u770b\uff08\u5360\u5408\u4f75\u71df\u6536\uff09\uff0c\u667a\u6167\u88dd\u7f6e\u5e73\u53f0\uff08\u96fb\u8996\u3001\u7db2\u901a\u3001Wi-Fi\u3001\u8eca\u7528\u8207 ASIC \u7b49\uff092026 \u5e74\u4e0a\u534a\u5e74\u7d04\u5360 49.5%\uff0c\u624b\u6a5f\u6676\u7247\u7d04 45.0%\uff0c\u96fb\u6e90\u7ba1\u7406\u6676\u7247\u7d04 5.5%\uff1b\u4e00\u5e74\u524d\uff082025 \u5e74\u4e0a\u534a\u5e74\uff09\u624b\u6a5f\u6676\u7247\u9084\u6709 53.8%\u3001\u667a\u6167\u88dd\u7f6e\u5e73\u53f0 40.8%\uff0c\u5169\u8005\u5728\u4e00\u5e74\u5167\u4e92\u63db\u4e86\u4f4d\u7f6e\u3002\u898f\u6a21\u8207\u52d5\u80fd\uff1a2025 \u5e74\u5408\u4f75\u71df\u6536 5,959.7 \u5104\u5143\uff08+12.3%\uff09\uff0c2026 \u5e74\u4e0a\u534a\u5e74 3,013.3 \u5104\u5143\uff08-0.8%\uff09\uff0c\u7e3d\u91cf\u6301\u5e73\u3001\u7d44\u5408\u6539\u8b8a\u3002<\/p>\n<p>\u516c\u53f8\u6210\u7acb\u65bc 1997 \u5e74\uff0c\u81ea\u5149\u789f\u6a5f\u63a7\u5236\u6676\u7247\u8d77\u5bb6\uff0c\u4e4b\u5f8c\u4f9d\u5e8f\u5207\u5165\u6578\u4f4d\u96fb\u8996\u3001\u529f\u80fd\u624b\u6a5f\u8207\u667a\u6167\u624b\u6a5f\u7684\u6574\u5408\u6676\u7247\uff1b\u8fd1\u5e74\u65b0\u589e\u7684\u4e3b\u8ef8\u662f\u66ff\u96f2\u7aef\u5ba2\u6236\u8a2d\u8a08 ASIC \u8207\u908a\u7de3\u904b\u7b97\u5e73\u53f0\u3002\u9019\u5e7e\u500b\u968e\u6bb5\u5171\u7528\u540c\u4e00\u5957\u6838\u5fc3\u80fd\u529b\uff1a\u628a\u591a\u7a2e\u529f\u80fd\u6574\u5408\u9032\u55ae\u4e00\u6676\u7247\u7684\u7cfb\u7d71\u8a2d\u8a08\uff0c\u4ee5\u53ca\u642d\u914d\u53c3\u8003\u8a2d\u8a08\u8b93\u5ba2\u6236\u5feb\u901f\u505a\u51fa\u6210\u54c1\u7684\u4ea4\u4ed8\u65b9\u5f0f\u3002<\/p>\n<p>\u300c\u6676\u7247\uff0b\u53c3\u8003\u8a2d\u8a08\u300d\u9019\u5957\u505a\u6cd5\u4e5f\u6c7a\u5b9a\u4e86\u5ba2\u6236\u95dc\u4fc2\u7684\u9ecf\u8457\u5ea6\u3002\u54c1\u724c\u5ba2\u6236\u7684\u8edf\u9ad4\u3001\u76f8\u6a5f\u8abf\u6821\u8207\u96fb\u4fe1\u8a8d\u8b49\u90fd\u5efa\u7acb\u5728\u7279\u5b9a\u5e73\u53f0\u4e0a\uff0c\u63db\u5e73\u53f0\u7b49\u65bc\u91cd\u505a\u4e00\u8f2a\u7cfb\u7d71\u6574\u5408\u8207\u8a8d\u8b49\uff1b\u540c\u4e00\u4ee3\u5e73\u53f0\u4e5f\u56e0\u6b64\u80fd\u5f9e\u65d7\u8266\u5f80\u4e2d\u4f4e\u968e\u5ef6\u4f38\u51fa\u591a\u500b\u884d\u751f\u578b\u865f\uff0c\u5206\u6524\u540c\u4e00\u7b46\u7814\u767c\u6295\u5165\u3002<\/p>\n","ifam_revenue":"[{\"title\":\"\u71df\u6536\uff0d\u4ee5\u7522\u54c1\/\u670d\u52d9\u5340\u5206 (%)\",\"header\":[\"\",\"2025 (A)\",\"2025 \u4e0a\u534a\u5e74\",\"2025 \u4e0b\u534a\u5e74\",\"2026\u4e0a\u534a\u5e74\"],\"rows\":[[\"A. \u4f9d\u8ca1\u5831\u6536\u5165\u985e\u578b\uff08\u5360\u5408\u4f75\u71df\u6536\uff09\",\"\",\"\",\"\",\"\"],[\"\u5546\u54c1\u92b7\u552e\u6536\u5165\",\"98.2%\",\"98.7%\",\"97.7%\",\"98.4%\"],[\"\u52de\u52d9\u53ca\u5176\u4ed6\u71df\u696d\u6536\u5165\",\"1.8%\",\"1.3%\",\"2.3%\",\"1.6%\"],[\"\u5408\u8a08\",\"100.0%\",\"100.0%\",\"100.0%\",\"100.0%\"],[\"B. \u4f9d\u6cd5\u8aaa\u6703\u7c21\u5831\u7522\u54c1\u985e\u5225\uff08\u5360\u5408\u4f75\u71df\u6536\uff0c\u4f30\u7b97\uff09\",\"\",\"\",\"\",\"\"],[\"Mobile Phone\uff08\u624b\u6a5f\u6676\u7247\uff09\",\"54.8%\",\"53.8%\",\"55.8%\",\"45.0%\"],[\"Smart Edge Platforms\uff08\u667a\u6167\u88dd\u7f6e\u5e73\u53f0\uff09\",\"40.0%\",\"40.8%\",\"39.2%\",\"49.5%\"],[\"Power IC\uff08\u96fb\u6e90\u7ba1\u7406\u6676\u7247\uff09\",\"5.2%\",\"5.5%\",\"5.0%\",\"5.5%\"],[\"\u5408\u8a08\",\"100.0%\",\"100.0%\",\"100.0%\",\"100.0%\"]],\"notes\":[]}]","ifam_revenue_trend":"{\"tabs\":[{\"key\":\"month\",\"label\":\"\u6708\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\"],\"rows\":[[\"1~10\u6708\u7d2f\u8a08\",\"524,417\",\"497,804\",\"443,660\"],[\"12\u6708\",\"\uff0d\",\"51,266\",\"41,683\"],[\"11\u6708\",\"\uff0d\",\"46,896\",\"45,242\"],[\"10\u6708\",\"55,026\",\"52,026\",\"51,117\"],[\"9\u6708\",\"55,399\",\"54,330\",\"44,676\"],[\"8\u6708\",\"64,183\",\"44,547\",\"41,528\"],[\"7\u6708\",\"48,475\",\"43,220\",\"45,610\"],[\"6\u6708\",\"58,012\",\"56,434\",\"43,092\"],[\"5\u6708\",\"47,434\",\"45,181\",\"42,151\"],[\"4\u6708\",\"46,737\",\"48,754\",\"42,028\"],[\"3\u6708\",\"63,219\",\"55,996\",\"50,480\"],[\"2\u6708\",\"38,954\",\"46,172\",\"38,482\"],[\"1\u6708\",\"46,977\",\"51,144\",\"44,496\"]]},{\"key\":\"quarter\",\"label\":\"\u5b63\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026Q3\",\"2026Q2\",\"2026Q1\",\"2025Q4\",\"2025Q3\",\"2025Q2\",\"2025Q1\",\"2024Q4\"],\"rows\":[[\"\u71df\u6536\",\"168,058\",\"152,183\",\"149,151\",\"150,188\",\"142,097\",\"150,369\",\"153,312\",\"138,043\"],[\"\u5e74\u589e\u7387\",\"+18.3%\",\"+1.2%\",\"-2.7%\",\"+8.8%\",\"+7.8%\",\"+18.1%\",\"+14.9%\",\"+6.5%\"],[\"\u5b63\u589e\u7387\",\"+10.4%\",\"+2.0%\",\"-0.7%\",\"+5.7%\",\"-5.5%\",\"-1.9%\",\"+11.1%\",\"+4.7%\"]]},{\"key\":\"half\",\"label\":\"\u534a\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026H1\",\"2025H2\",\"2025H1\",\"2024H2\",\"2024H1\",\"2023H2\"],\"rows\":[[\"\u71df\u6536\",\"301,333\",\"292,285\",\"303,681\",\"269,857\",\"260,729\",\"239,660\"],[\"\u5e74\u589e\u7387\",\"-0.8%\",\"+8.3%\",\"+16.5%\",\"+12.6%\",\"+34.5%\",\"-4.3%\"],[\"\u534a\u5e74\u589e\u7387\",\"+3.1%\",\"-3.8%\",\"+12.5%\",\"+3.5%\",\"+8.8%\",\"+23.7%\"]]},{\"key\":\"year\",\"label\":\"\u5e74\u71df\u6536\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026 (1~10\u6708)\",\"2025\",\"2024\"],\"rows\":[[\"\u71df\u6536\",\"524,417\",\"595,966\",\"530,586\"],[\"\u5e74\u589e\u7387\",\"+5.3%\",\"+12.3%\",\"+22.4%\"]]}]}","ifam_income_tabs":"{\"note\":\"\u55ae\u4f4d\uff1a\u65b0\u53f0\u5e63\u767e\u842c\u5143\uff0c\u6bcf\u80a1\u76c8\u9918\u70ba\u5143\uff1b\u7a05\u5f8c\u6de8\u5229\u8207\u6de8\u5229\u7387\u63a1\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u30022026 \u5e74\u50c5\u81f3 Q2\u3002\",\"default\":2,\"tabs\":[{\"key\":\"Q4\",\"label\":\"Q4\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff0810~12\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"150,188\",\"138,043\",\"129,562\",\"108,194\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"69,281\",\"67,001\",\"62,616\",\"52,261\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"21,850\",\"21,412\",\"24,736\",\"18,086\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"22,925\",\"23,789\",\"25,663\",\"18,488\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"14.36\",\"14.92\",\"16.11\",\"11.60\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"46.1%\",\"48.5%\",\"48.3%\",\"48.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"14.5%\",\"15.5%\",\"19.1%\",\"16.7%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"15.3%\",\"17.2%\",\"19.8%\",\"17.1%\"]]},{\"title\":\"\u7d2f\u7a4d\uff08\u5168\u5e74\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"595,966\",\"530,586\",\"433,446\",\"548,796\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"283,080\",\"263,386\",\"207,367\",\"270,904\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"103,470\",\"102,412\",\"71,800\",\"126,788\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"105,319\",\"106,387\",\"76,979\",\"118,141\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"66.03\",\"66.78\",\"48.34\",\"74.23\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"47.5%\",\"49.6%\",\"47.8%\",\"49.4%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"17.4%\",\"19.3%\",\"16.6%\",\"23.1%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"17.7%\",\"20.1%\",\"17.8%\",\"21.5%\"]]}]},{\"key\":\"Q3\",\"label\":\"Q3\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff087~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"142,097\",\"131,813\",\"110,098\",\"142,161\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"66,112\",\"64,348\",\"52,192\",\"70,095\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"22,188\",\"23,864\",\"17,944\",\"33,054\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"25,221\",\"25,346\",\"18,478\",\"30,955\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"15.82\",\"15.91\",\"11.61\",\"19.47\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"46.5%\",\"48.8%\",\"47.4%\",\"49.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"15.6%\",\"18.1%\",\"16.3%\",\"23.3%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"17.7%\",\"19.2%\",\"16.8%\",\"21.8%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~9\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"\uff0d\",\"445,778\",\"392,543\",\"303,884\",\"440,602\"],[\"\u71df\u696d\u6bdb\u5229\",\"\uff0d\",\"213,799\",\"196,385\",\"144,751\",\"218,643\"],[\"\u71df\u696d\u5229\u76ca\",\"\uff0d\",\"81,620\",\"81,000\",\"47,064\",\"108,702\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"\uff0d\",\"82,394\",\"82,597\",\"51,316\",\"99,653\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"\uff0d\",\"51.67\",\"51.86\",\"32.23\",\"62.63\"],[\"\u6bdb\u5229\u7387\",\"\uff0d\",\"48.0%\",\"50.0%\",\"47.6%\",\"49.6%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"\uff0d\",\"18.3%\",\"20.6%\",\"15.5%\",\"24.7%\"],[\"\u6de8\u5229\u7387\",\"\uff0d\",\"18.5%\",\"21.0%\",\"16.9%\",\"22.6%\"]]}]},{\"key\":\"Q2\",\"label\":\"Q2\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff084~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"152,183\",\"150,369\",\"127,271\",\"98,135\",\"155,730\"],[\"\u71df\u696d\u6bdb\u5229\",\"70,308\",\"73,878\",\"62,136\",\"46,646\",\"76,764\"],[\"\u71df\u696d\u5229\u76ca\",\"22,868\",\"29,379\",\"24,956\",\"14,751\",\"39,181\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"24,335\",\"27,848\",\"25,716\",\"15,965\",\"35,437\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"15.25\",\"17.47\",\"16.15\",\"10.04\",\"22.30\"],[\"\u6bdb\u5229\u7387\",\"46.2%\",\"49.1%\",\"48.8%\",\"47.5%\",\"49.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"15.0%\",\"19.5%\",\"19.6%\",\"15.0%\",\"25.2%\"],[\"\u6de8\u5229\u7387\",\"16.0%\",\"18.5%\",\"20.2%\",\"16.3%\",\"22.8%\"]]},{\"title\":\"\u7d2f\u7a4d\uff081~6\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"301,333\",\"303,681\",\"260,729\",\"193,787\",\"298,441\"],[\"\u71df\u696d\u6bdb\u5229\",\"139,363\",\"147,687\",\"132,037\",\"92,558\",\"148,548\"],[\"\u71df\u696d\u5229\u76ca\",\"45,759\",\"59,432\",\"57,136\",\"29,119\",\"75,648\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"48,489\",\"57,173\",\"57,251\",\"32,838\",\"68,698\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"30.38\",\"35.87\",\"35.95\",\"20.63\",\"43.21\"],[\"\u6bdb\u5229\u7387\",\"46.2%\",\"48.6%\",\"50.6%\",\"47.8%\",\"49.8%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"15.2%\",\"19.6%\",\"21.9%\",\"15.0%\",\"25.3%\"],[\"\u6de8\u5229\u7387\",\"16.1%\",\"18.8%\",\"22.0%\",\"16.9%\",\"23.0%\"]]}]},{\"key\":\"Q1\",\"label\":\"Q1\",\"tables\":[{\"title\":\"\u55ae\u5b63\uff081~3\u6708\uff09\",\"head\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2026\",\"2025\",\"2024\",\"2023\",\"2022\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"149,151\",\"153,312\",\"133,458\",\"95,652\",\"142,711\"],[\"\u71df\u696d\u6bdb\u5229\",\"69,055\",\"73,809\",\"69,901\",\"45,912\",\"71,783\"],[\"\u71df\u696d\u5229\u76ca\",\"22,891\",\"30,053\",\"32,180\",\"14,369\",\"36,467\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"24,154\",\"29,325\",\"31,536\",\"16,874\",\"33,261\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"15.14\",\"18.40\",\"19.80\",\"10.60\",\"20.93\"],[\"\u6bdb\u5229\u7387\",\"46.3%\",\"48.1%\",\"52.4%\",\"48.0%\",\"50.3%\"],[\"\u71df\u696d\u5229\u76ca\u7387\",\"15.3%\",\"19.6%\",\"24.1%\",\"15.0%\",\"25.6%\"],[\"\u6de8\u5229\u7387\",\"16.2%\",\"19.1%\",\"23.6%\",\"17.6%\",\"23.3%\"]]}]}]}","ifam_metrics_tabs":"{\"default\":0,\"tabs\":[{\"key\":\"quarter\",\"label\":\"\u5b63\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"46.2%\",\"46.3%\",\"46.1%\",\"46.5%\",\"49.1%\",\"48.1%\",\"48.5%\",\"48.8%\"],[\"\u6de8\u5229\u7387\",\"16.0%\",\"16.2%\",\"15.3%\",\"17.7%\",\"18.5%\",\"19.1%\",\"17.2%\",\"19.2%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"36.9%\",\"37.3%\",\"38.7%\",\"39.0%\",\"42.6%\",\"41.7%\",\"39.0%\",\"37.9%\"],[\"ROCE*\",\"25.1%\",\"24.9%\",\"24.3%\",\"27.9%\",\"32.0%\",\"32.6%\",\"24.0%\",\"26.6%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+1.2%\",\"-2.7%\",\"+8.8%\",\"+7.8%\",\"+18.1%\",\"+14.9%\",\"+6.5%\",\"+19.7%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-12.3%\",\"-17.4%\",\"-3.6%\",\"-0.5%\",\"+8.1%\",\"-6.7%\",\"-6.9%\",\"+37.8%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-46.9%\",\"-231.5%\",\"+44.4%\",\"+8.2%\",\"-8.6%\",\"-46.7%\",\"-56.0%\",\"+142.1%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-75.2%\",\"-444.7%\",\"+48.0%\",\"+10.9%\",\"-14.5%\",\"-64.6%\",\"-59.1%\",\"+171.7%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2026 Q2\",\"2026 Q1\",\"2025 Q4\",\"2025 Q3\",\"2025 Q2\",\"2025 Q1\",\"2024 Q4\",\"2024 Q3\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"46.8\",\"43.2\",\"39.2\",\"43.9\",\"45.1\",\"36.6\",\"30.1\",\"32.2\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"102.5\",\"87.0\",\"70.0\",\"67.5\",\"65.6\",\"64.8\",\"73.2\",\"73.9\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"54.8\",\"53.1\",\"46.0\",\"43.4\",\"45.2\",\"44.5\",\"46.5\",\"43.1\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"94.4\",\"77.1\",\"63.3\",\"68.0\",\"65.5\",\"56.9\",\"56.9\",\"63.0\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.24\",\"1.22\",\"1.31\",\"1.55\",\"1.35\",\"1.28\",\"1.32\",\"1.43\"],[\"\u901f\u52d5\u6bd4\u7387\",\"0.93\",\"0.94\",\"1.09\",\"1.30\",\"1.14\",\"1.09\",\"1.10\",\"1.19\"]]}]},{\"key\":\"year\",\"label\":\"\u5e74\u5ea6\",\"tables\":[{\"title\":\"\u7372\u5229\u80fd\u529b\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u6bdb\u5229\u7387\",\"47.5%\",\"49.6%\",\"47.8%\",\"49.4%\",\"46.9%\"],[\"\u6de8\u5229\u7387\",\"17.7%\",\"20.1%\",\"17.8%\",\"21.5%\",\"22.6%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"39.3%\",\"39.5%\",\"33.4%\",\"42.7%\",\"38.8%\"],[\"ROCE*\",\"28.8%\",\"28.8%\",\"20.0%\",\"29.7%\",\"30.3%\"]]},{\"title\":\"\u6210\u9577\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+12.3%\",\"+22.4%\",\"-21.0%\",\"+11.2%\",\"+53.2%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"-1.0%\",\"+38.8%\",\"-34.9%\",\"+6.0%\",\"+170.0%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+4.3%\",\"-6.0%\",\"+14.9%\",\"+207.0%\",\"-40.8%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"+2.9%\",\"-10.5%\",\"+18.8%\",\"+400.5%\",\"-63.8%\"]]},{\"title\":\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"head\":[\"\",\"2025\",\"2024\",\"2023\",\"2022\",\"2021\"],\"rows\":[[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"32.5\",\"34.1\",\"40.4\",\"33.0\",\"33.9\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"73.3\",\"69.4\",\"92.0\",\"94.6\",\"77.3\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"49.5\",\"51.6\",\"45.7\",\"40.1\",\"51.7\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"56.2\",\"51.8\",\"86.6\",\"87.5\",\"59.6\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.31\",\"1.32\",\"1.25\",\"2.10\",\"1.64\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.09\",\"1.10\",\"1.07\",\"1.60\",\"1.30\"]]}]}]}","ifam_chips":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"volume_lot\":\"12,987\",\"avg_price\":\"3988.61\",\"note\":\"\u8cc7\u6599\u4f86\u6e90\uff1a\u8b49\u5238\u4ea4\u6613\u6240\u4e09\u5927\u6cd5\u4eba\u8cb7\u8ce3\u65e5\u5831\u8868\uff082026-11-12\uff09\u3002\u300c\u5916\u8cc7\u300d\u542b\u5916\u8cc7\u81ea\u71df\u5546\uff0c\u300c\u81ea\u71df\u5546\u300d\u542b\u907f\u96aa\u8207\u81ea\u884c\u8cb7\u8ce3\u3002\u5404\u6cd5\u4eba\u7684\u6210\u4ea4\u91d1\u984d\u4e26\u975e\u539f\u59cb\u63ed\u9732\u8cc7\u6599\uff0c\u8868\u4e2d\u91d1\u984d\u70ba\u8a72\u6cd5\u4eba\u5f35\u6578 \u00d7 \u7576\u65e5\u6210\u4ea4\u5747\u50f9 3988.61 \u5143\u63a8\u7b97\uff1b\u7576\u65e5\u7e3d\u6210\u4ea4\u91cf 12,987 \u5f35\u3002\",\"groups\":[{\"name\":\"\u5916\u8cc7\",\"dir\":\"up\",\"streak\":\"\u902324\u8ce3\u2192\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"6,298\",\"4,660\",\"+1638\"],[\"\u91d1\u984d(\u5143)\",\"251.2\u5104\",\"185.9\u5104\",\"+65.3\u5104\"],[\"\u5747\u50f9(\u5143)\",\"3988.61\",\"3988.61\",\"3988.61\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"48.5%\",\"35.9%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u6295\u4fe1\",\"dir\":\"up\",\"streak\":\"\u90234\u8ce3\u2192\u902322\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"304\",\"0\",\"+304\"],[\"\u91d1\u984d(\u5143)\",\"12.1\u5104\",\"0\u842c\",\"+12.1\u5104\"],[\"\u5747\u50f9(\u5143)\",\"3988.61\",\"3988.61\",\"3988.61\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"2.3%\",\"0.0%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u81ea\u71df\u5546\",\"dir\":\"down\",\"streak\":\"\u90231\u8cb7\u2192\u8ce3\",\"rows\":[[\"\u5f35\u6578\",\"409\",\"479\",\"-70\"],[\"\u91d1\u984d(\u5143)\",\"16.3\u5104\",\"19.1\u5104\",\"-2.8\u5104\"],[\"\u5747\u50f9(\u5143)\",\"3988.61\",\"3988.61\",\"3988.61\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"3.2%\",\"3.7%\",\"\u4e0d\u9069\u7528\"]]},{\"name\":\"\u4e09\u5927\u6cd5\u4eba\",\"dir\":\"up\",\"streak\":\"\u902323\u8ce3\u2192\u90232\u8cb7\",\"rows\":[[\"\u5f35\u6578\",\"7,011\",\"5,139\",\"+1872\"],[\"\u91d1\u984d(\u5143)\",\"279.7\u5104\",\"205.0\u5104\",\"+74.7\u5104\"],[\"\u5747\u50f9(\u5143)\",\"3988.61\",\"3988.61\",\"3988.61\"],[\"\u4f54\u6210\u4ea4\u6bd4\u91cd(%)\",\"54.0%\",\"39.6%\",\"\u4e0d\u9069\u7528\"]]}]}","ifam_candle":"{\"date\":\"2026-11-13\",\"label\":\"11\/13\",\"today\":[],\"recent\":[{\"rule\":\"1-3\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\u672a\u7372\u78ba\u8a8d\",\"level\":\"\u672a\u7372\u78ba\u8a8d\",\"dir\":\"\",\"text\":\"\u524d\u4e00\u500b\u4ea4\u6613\u65e5\u51fa\u73fe\u591a\u982d\u6bcd\u5b50\u7dda\uff0c\u4f46\u7576\u65e5\u6c92\u6709\u6536\u9ad8\u7684\u7d05K\u8ddf\u9032\u3002\u6b62\u8dcc\u7684\u8a0a\u865f\u6c92\u6709\u88ab\u78ba\u8a8d\uff0c\u4ecd\u5c6c\u6574\u7406\uff0c\u80a1\u50f9\u65b9\u5411\u4ecd\u4e0d\u660e\u6717\u3002\",\"date\":\"11\/05\",\"dir_word\":\"\u65b9\u5411\u672a\u660e\"},{\"rule\":\"1-1\",\"name\":\"\u591a\u982d\u6bcd\u5b50\u7dda\",\"level\":\"\u9810\u8b66\",\"dir\":\"up\",\"text\":\"\u80a1\u50f9\u4e0b\u8dcc\u4e00\u6bb5\u5f8c\uff0c\u9577\u9ed1K\u7684\u9694\u65e5\u51fa\u73fe\u4e00\u6839\u5c0fK\u7dda\uff0c\u800c\u4e14\u6c92\u6709\u518d\u8dcc\u7834\u524d\u4e00\u65e5\u7684\u4f4e\u9ede\u3002\u8ce3\u58d3\u66ab\u6642\u505c\u4e86\u4e0b\u4f86\uff0c\u4f46\u53ea\u4ee3\u8868\u8dcc\u52e2\u505c\u9813\uff0c\u65b9\u5411\u9084\u6c92\u6709\u8868\u614b\u3002\u6280\u8853\u5206\u6790\u4e0a\u4e00\u822c\u8a8d\u70ba\uff0c\u9019\u500b\u578b\u614b\u51fa\u73fe\u5f8c\uff0c\u80a1\u50f9\u6b62\u8dcc\u56de\u5347\u7684\u6bd4\u4f8b\u6bd4\u5e73\u5e38\u9ad8\u3002\",\"date\":\"11\/04\",\"dir_word\":\"\u504f\u591a\"}],\"recent_days\":20,\"caption\":\"K\u7dda\u5716\u4f9d\u8a72\u5e7e\u65e5\u7684\u9084\u539f\u958b\u9ad8\u4f4e\u6536\u50f9\u7e6a\u88fd\u3002\u578b\u614b\u70ba\u6b77\u53f2\u50f9\u683c\u884c\u70ba\u7684\u63cf\u8ff0\uff0c\u4e0d\u69cb\u6210\u4efb\u4f55\u6295\u8cc7\u5efa\u8b70\u3002\",\"note\":\"K\u7dda\u578b\u614b\u8a0a\u865f\u7531\u7a0b\u5f0f\u4f9d\u6bcf\u65e5\u7684\u958b\u76e4\u3001\u6700\u9ad8\u3001\u6700\u4f4e\u3001\u6536\u76e4\u50f9\u81ea\u52d5\u8fa8\u8b58\uff0c\u300c\u4e0b\u8dcc\u4e00\u6bb5\uff0f\u4e0a\u6f32\u4e00\u6bb5\u300d\u4ee5\u578b\u614b\u51fa\u73fe\u524d 5 \u500b\u4ea4\u6613\u65e5\u7684\u9084\u539f\u6536\u76e4\u50f9\u6f32\u8dcc\u5224\u65b7\u3002\u4e0a\u8ff0\u8aaa\u660e\u7d14\u7cb9\u662f\u4f9d\u578b\u614b\u672c\u8eab\u7684\u4e00\u822c\u89e3\u8b80\u6240\u505a\u7684\u63a8\u8ad6\uff0c\u4e0d\u4ee3\u8868\u672c\u516c\u53f8\u5c0d\u8a72\u500b\u80a1\u7684\u770b\u6cd5\uff0c\u4ea6\u975e\u8cb7\u8ce3\u5efa\u8b70\uff1b\u8a0a\u865f\u6709\u53ef\u80fd\u5931\u6548\uff0c\u904e\u53bb\u51fa\u73fe\u7684\u578b\u614b\u4e0d\u4ee3\u8868\u672a\u4f86\u7684\u80a1\u50f9\u8d70\u52e2\u3002\"}","ifam_margin":"{\"date\":\"2026-11-12\",\"label\":\"11\/12\u7576\u65e5\",\"tables\":[{\"head\":[\"11\/12\u7576\u65e5\",\"\u878d\u8cc7(\u5f35)\",\"\u878d\u5238(\u5f35)\"],\"rows\":[{\"k\":\"\u8cb7\u9032\",\"v\":[\"469\",\"8\"]},{\"k\":\"\u8ce3\u51fa\",\"v\":[\"1,164\",\"6\"]},{\"k\":\"\u73fe\u511f\",\"v\":[\"8\",\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"-703\",\"-2\"],\"t\":[\"down\",\"down\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"11,553\",\"46\"]},{\"k\":\"\u4f7f\u7528\u7387\",\"v\":[\"2.9%\",\"0.0%\"]},{\"k\":\"\u9023\u589e\u9023\u6e1b\",\"v\":[\"\u90233\u589e\u2192\u6e1b\",\"\u90233\u589e\u2192\u6e1b\"],\"t\":[\"down\",\"down\"]},{\"k\":\"\u8cc7\u5238\u4e92\u62b5\",\"v\":[\"\",\"4\"]},{\"k\":\"\u8cc7\u5238\u7576\u6c96\",\"v\":[\"\",\"0.0%\"]},{\"k\":\"\u5238\u8cc7\u6bd4\",\"v\":[\"\",\"0.4%\"]}]},{\"head\":[\"11\/12\u7576\u65e5\",\"\u501f\u5238\u8ce3\u51fa(\u5f35)\"],\"rows\":[{\"k\":\"\u8ce3\u51fa\",\"v\":[\"315\"]},{\"k\":\"\u9084\u5238\",\"v\":[\"101\"]},{\"k\":\"\u8abf\u6574\",\"v\":[\"0\"]},{\"k\":\"\u589e\u6e1b\",\"v\":[\"+214\"],\"t\":[\"up\"]},{\"k\":\"\u9918\u984d\",\"v\":[\"7,296\"]},{\"k\":\"\u6b21\u65e5\u9650\u984d\",\"v\":[\"321\"]}]}],\"note\":\"\u8cc7\u6599\u4f86\u6e90\uff1a\u8b49\u5238\u4ea4\u6613\u6240\u3001\u6ac3\u8cb7\u4e2d\u5fc3\u4fe1\u7528\u4ea4\u6613\u8207\u501f\u5238\u8ce3\u51fa\u9918\u984d\u7d71\u8a08\uff082026-11-12\uff09\u3002\u878d\u5238\u6b04\u7684\u300c\u8cb7\u9032\u300d\u70ba\u878d\u5238\u56de\u88dc\u3001\u300c\u73fe\u511f\u300d\u70ba\u73fe\u5238\u511f\u9084\u3002\u4f7f\u7528\u7387\uff1d\u9918\u984d \u00f7 \u878d\u8cc7\uff08\u878d\u5238\uff09\u9650\u984d\uff1b\u8cc7\u5238\u7576\u6c96\uff1d\u8cc7\u5238\u4e92\u62b5\u5f35\u6578 \u00f7 \u7576\u65e5\u6210\u4ea4\u91cf\uff1b\u5238\u8cc7\u6bd4\uff1d\u878d\u5238\u9918\u984d \u00f7 \u878d\u8cc7\u9918\u984d\u3002\"}","ifam_financials":"[{\"title\":\"\u57fa\u790e\u8ca1\u52d9\u8cc7\u8a0a\uff0d\u9810\u4f30\",\"header\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2024 (A)\",\"2025 (A)\",\"2026 (E)\",\"2027 (F)\",\"2028 (F)\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"530,586\",\"595,966\",\"685,300\",\"1,200,000\",\"1,926,000\"],[\"\u71df\u696d\u6bdb\u5229\",\"263,386\",\"283,080\",\"\",\"\",\"\"],[\"\u71df\u696d\u5229\u76ca\",\"102,412\",\"103,470\",\"\",\"\",\"\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"106,387\",\"105,319\",\"\",\"\",\"\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"66.78\",\"66.03\",\"72.4\",\"148.7\",\"270.6\"],[\"\u6bdb\u5229\u7387\",\"49.6%\",\"47.5%\",\"\",\"\",\"\"],[\"\u6de8\u5229\u7387\",\"20.1%\",\"17.7%\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u589e\u7387 (YoY,%)\",\"22.4%\",\"12.3%\",\"15.0%\",\"75.1%\",\"60.5%\"],[\"\u6de8\u5229\u5e74\u589e\u7387 (YoY,%)\",\"38.2%\",\"-1.0%\",\"9.6%\",\"105.4%\",\"82.0%\"]],\"notes\":[\"\u8a3b\uff1a\u7a05\u5f8c\u6de8\u5229\uff0f\u6de8\u5229\u7387\u63a1\u300c\u6b78\u5c6c\u6bcd\u516c\u53f8\u696d\u4e3b\u6de8\u5229\u300d\u3002\",\"\uff0a\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\u8207\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\u4e0d\u540c\uff0c\u8868\u5217\u70ba\u7a00\u91cb\u6bcf\u80a1\u76c8\u9918\uff1b\u57fa\u672c\u6bcf\u80a1\u76c8\u9918\uff1a2024 (A) 66.92\u30012025 (A) 66.16\u30012025 Q2 17.50\u30012025 Q3 15.84\u30012025 Q4 14.40\u30012026 Q1 15.17\u30012026 Q2 15.28\u3002\",\"\uff0a\u8868\u4e00 (E)\uff0f(F) \u6b04\u70ba\u672c\u516c\u53f8\u6574\u7406\u81ea\u516c\u958b\u8cc7\u8a0a\uff0c\u975e\u516c\u53f8\u516c\u5e03\u4e4b\u6578\u5b57\uff0c\u4ea6\u4e0d\u4ee3\u8868\u524d\u9032\u667a\u80fd\u6295\u9867\u4e4b\u89c0\u9ede\u3002\"]},{\"title\":\"\u57fa\u790e\u8ca1\u52d9\u8cc7\u8a0a\uff0d\u904e\u53bb\u4e94\u5b63\",\"header\":[\"\u65b0\u53f0\u5e63 (\u767e\u842c\u5143)\",\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u71df\u696d\u6536\u5165\",\"150,369\",\"142,097\",\"150,188\",\"149,151\",\"152,183\"],[\"\u71df\u696d\u6bdb\u5229\",\"73,878\",\"66,112\",\"69,281\",\"69,055\",\"70,308\"],[\"\u71df\u696d\u5229\u76ca\",\"29,379\",\"22,188\",\"21,850\",\"22,891\",\"22,868\"],[\"\u7a05\u5f8c\u6de8\u5229\",\"27,848\",\"25,221\",\"22,925\",\"24,154\",\"24,335\"],[\"\u6bcf\u80a1\u76c8\u9918(\u5143)\uff0d\u7a00\u91cb\",\"17.47\",\"15.82\",\"14.36\",\"15.14\",\"15.25\"]],\"notes\":[]},{\"title\":\"\u95dc\u9375\u8ca1\u52d9\u6307\u6a19\",\"header\":[null,\"2025 Q2\",\"2025 Q3\",\"2025 Q4\",\"2026 Q1\",\"2026 Q2\"],\"rows\":[[\"\u7372\u5229\u80fd\u529b\",\"\",\"\",\"\",\"\",\"\"],[\"\u6bdb\u5229\u7387\",\"49.1%\",\"46.5%\",\"46.1%\",\"46.3%\",\"46.2%\"],[\"\u6de8\u5229\u7387\",\"18.5%\",\"17.7%\",\"15.3%\",\"16.2%\",\"16.0%\"],[\"\u6bdb\u5229\u00f7\u7e3d\u8cc7\u7522*\",\"42.6%\",\"39.0%\",\"38.7%\",\"37.3%\",\"36.9%\"],[\"ROCE*\",\"32.0%\",\"27.9%\",\"24.3%\",\"24.9%\",\"25.1%\"],[\"\u6210\u9577\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u71df\u6536\u5e74\u6210\u9577\u7387\",\"+18.1%\",\"+7.8%\",\"+8.8%\",\"-2.7%\",\"+1.2%\"],[\"\u6de8\u5229\u5e74\u6210\u9577\u7387\",\"+8.1%\",\"-0.5%\",\"-3.6%\",\"-17.4%\",\"-12.3%\"],[\"\u71df\u696d\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-8.6%\",\"+8.2%\",\"+44.4%\",\"-231.5%\",\"-46.9%\"],[\"\u81ea\u7531\u73fe\u91d1\u6d41\u5e74\u6210\u9577\u7387\",\"-14.5%\",\"+10.9%\",\"+48.0%\",\"-444.7%\",\"-75.2%\"],[\"\u71df\u904b\u8207\u8ca1\u52d9\u97cc\u6027\",\"\",\"\",\"\",\"\",\"\"],[\"\u61c9\u6536\u5e33\u6b3e\u6536\u73fe\u5929\u6578\",\"45.1\",\"43.9\",\"39.2\",\"43.2\",\"46.8\"],[\"\u5e73\u5747\u552e\u8ca8\u5929\u6578\",\"65.6\",\"67.5\",\"70.0\",\"87.0\",\"102.5\"],[\"\u61c9\u4ed8\u5e33\u6b3e\u4ed8\u73fe\u5929\u6578\",\"45.2\",\"43.4\",\"46.0\",\"53.1\",\"54.8\"],[\"\u73fe\u91d1\u5faa\u74b0\u9031\u671f\",\"65.5\",\"68.0\",\"63.3\",\"77.1\",\"94.4\"],[\"\u6d41\u52d5\u6bd4\u7387\",\"1.35\",\"1.55\",\"1.31\",\"1.22\",\"1.24\"],[\"\u901f\u52d5\u6bd4\u7387\",\"1.14\",\"1.30\",\"1.09\",\"0.94\",\"0.93\"]],\"notes\":[]}]","ifam_fin_note":"","ifam_metrics_note":"","ifam_price":"{\"symbol\":\"2454\",\"name\":\"\u806f\u767c\u79d1\",\"updated\":\"2026-11-13\",\"source\":\"\u516c\u53f8\u8cc7\u6599\u5eab stock_clean.taiwan_stock_ta_indicators\uff1a\u8d70\u52e2\u5716\u7528 adj_close\uff08\u9084\u539f\u80a1\u50f9\uff09\uff0c\u50f9\u91cf\u5361\u7528\u7576\u65e5\u672a\u9084\u539f\u7684\u6536\u76e4\uff0f\u958b\u9ad8\u4f4e\u8207\u6210\u4ea4\u91cf\",\"latest\":{\"date\":\"2026-11-13\",\"close\":4120,\"open\":4235,\"high\":4235,\"low\":4060,\"prev_close\":3850,\"change\":270,\"change_pct\":7.01,\"range\":175,\"amount\":\"569.28 \u5104\u5143\",\"volume\":13586,\"avg_volume_3m\":9668,\"market_cap\":\"66,124 \u5104\u5143\",\"shares\":\"16.05 \u5104\u80a1\"},\"annual\":[{\"year\":2026,\"pct\":195.45,\"ytd\":true},{\"year\":2025,\"pct\":5.21},{\"year\":2024,\"pct\":46.27},{\"year\":2023,\"pct\":79.81},{\"year\":2022,\"pct\":-42.26},{\"year\":2021,\"pct\":65.71},{\"year\":2020,\"pct\":71.51},{\"year\":2019,\"pct\":98.82},{\"year\":2018,\"pct\":-19.1},{\"year\":2017,\"pct\":40.85}],\"series\":[[\"2025-11-13\",1214.07],[\"2025-11-14\",1199.44],[\"2025-11-17\",1199.44],[\"2025-11-18\",1140.93],[\"2025-11-19\",1131.18],[\"2025-11-20\",1155.56],[\"2025-11-21\",1116.55],[\"2025-11-24\",1121.43],[\"2025-11-25\",1155.56],[\"2025-11-26\",1267.7],[\"2025-11-27\",1306.71],[\"2025-11-28\",1360.34],[\"2025-12-01\",1409.1],[\"2025-12-02\",1379.85],[\"2025-12-03\",1365.22],[\"2025-12-04\",1370.1],[\"2025-12-05\",1389.6],[\"2025-12-08\",1404.23],[\"2025-12-09\",1384.72],[\"2025-12-10\",1423.73],[\"2025-12-11\",1360.34],[\"2025-12-12\",1370.1],[\"2025-12-15\",1384.72],[\"2025-12-16\",1384.72],[\"2025-12-17\",1389.6],[\"2025-12-18\",1384.72],[\"2025-12-19\",1374.97],[\"2025-12-22\",1365.22],[\"2025-12-23\",1355.47],[\"2025-12-24\",1345.72],[\"2025-12-26\",1350.59],[\"2025-12-29\",1384.72],[\"2025-12-30\",1384.72],[\"2025-12-31\",1394.47],[\"2026-01-02\",1433.48],[\"2026-01-05\",1487.11],[\"2026-01-06\",1476.18],[\"2026-01-07\",1481.15],[\"2026-01-08\",1436.42],[\"2026-01-09\",1411.57],[\"2026-01-12\",1436.42],[\"2026-01-13\",1476.18],[\"2026-01-14\",1491.09],[\"2026-01-15\",1481.15],[\"2026-01-16\",1496.06],[\"2026-01-19\",1476.18],[\"2026-01-20\",1476.18],[\"2026-01-21\",1456.3],[\"2026-01-22\",1476.18],[\"2026-01-23\",1620.32],[\"2026-01-26\",1759.49],[\"2026-01-27\",1764.46],[\"2026-01-28\",1769.43],[\"2026-01-29\",1769.43],[\"2026-01-30\",1749.55],[\"2026-02-02\",1694.87],[\"2026-02-03\",1784.34],[\"2026-02-04\",1789.31],[\"2026-02-05\",1759.49],[\"2026-02-06\",1699.84],[\"2026-02-09\",1819.13],[\"2026-02-10\",1834.04],[\"2026-02-11\",1843.98],[\"2026-02-23\",1784.34],[\"2026-02-24\",1814.16],[\"2026-02-25\",1858.89],[\"2026-02-26\",1933.45],[\"2026-03-02\",1888.72],[\"2026-03-03\",1804.22],[\"2026-03-04\",1709.78],[\"2026-03-05\",1764.46],[\"2026-03-06\",1754.52],[\"2026-03-09\",1655.11],[\"2026-03-10\",1694.87],[\"2026-03-11\",1754.52],[\"2026-03-12\",1774.4],[\"2026-03-13\",1709.78],[\"2026-03-16\",1699.84],[\"2026-03-17\",1719.72],[\"2026-03-18\",1719.72],[\"2026-03-19\",1670.02],[\"2026-03-20\",1689.9],[\"2026-03-23\",1615.35],[\"2026-03-24\",1610.38],[\"2026-03-25\",1610.38],[\"2026-03-26\",1580.56],[\"2026-03-27\",1575.59],[\"2026-03-30\",1501.03],[\"2026-03-31\",1481.15],[\"2026-04-01\",1456.3],[\"2026-04-02\",1456.3],[\"2026-04-07\",1461.27],[\"2026-04-08\",1570.62],[\"2026-04-09\",1565.65],[\"2026-04-10\",1565.65],[\"2026-04-13\",1610.38],[\"2026-04-14\",1709.78],[\"2026-04-15\",1779.37],[\"2026-04-16\",1883.74],[\"2026-04-17\",1913.57],[\"2026-04-20\",1888.72],[\"2026-04-21\",2077.59],[\"2026-04-22\",2281.37],[\"2026-04-23\",2201.84],[\"2026-04-24\",2420.54],[\"2026-04-27\",2420.54],[\"2026-04-28\",2599.47],[\"2026-04-29\",2559.71],[\"2026-04-30\",2594.5],[\"2026-05-04\",2852.95],[\"2026-05-05\",3136.26],[\"2026-05-06\",3409.63],[\"2026-05-07\",3399.69],[\"2026-05-08\",3608.44],[\"2026-05-11\",3856.95],[\"2026-05-12\",3678.02],[\"2026-05-13\",3474.24],[\"2026-05-14\",3384.78],[\"2026-05-15\",3240.64],[\"2026-05-18\",3379.81],[\"2026-05-19\",3136.26],[\"2026-05-20\",3210.82],[\"2026-05-21\",3528.91],[\"2026-05-22\",3837.07],[\"2026-05-25\",4219.79],[\"2026-05-26\",4239.67],[\"2026-05-27\",4612.44],[\"2026-05-28\",4383.81],[\"2026-05-29\",4284.4],[\"2026-06-01\",4527.95],[\"2026-06-02\",4498.12],[\"2026-06-03\",4518.01],[\"2026-06-04\",4403.69],[\"2026-06-05\",4274.46],[\"2026-06-08\",4045.83],[\"2026-06-09\",4448.42],[\"2026-06-10\",4130.32],[\"2026-06-11\",4060.74],[\"2026-06-12\",4155.17],[\"2026-06-15\",4443.45],[\"2026-06-16\",4532.92],[\"2026-06-17\",4433.51],[\"2026-06-18\",4363.93],[\"2026-06-22\",4438.48],[\"2026-06-23\",4508.06],[\"2026-06-24\",4259.55],[\"2026-06-25\",4284.4],[\"2026-06-26\",3856.95],[\"2026-06-29\",3886.78],[\"2026-06-30\",4219.79],[\"2026-07-01\",4309.25],[\"2026-07-02\",4319.19],[\"2026-07-03\",4170.08],[\"2026-07-06\",4100.5],[\"2026-07-07\",4030],[\"2026-07-08\",3995],[\"2026-07-09\",3925],[\"2026-07-13\",3825],[\"2026-07-14\",3660],[\"2026-07-15\",3740],[\"2026-07-16\",3700],[\"2026-07-17\",3370],[\"2026-07-20\",3340],[\"2026-07-21\",3670],[\"2026-07-22\",3850],[\"2026-07-23\",3875],[\"2026-07-24\",3750],[\"2026-07-27\",3680],[\"2026-07-28\",3315],[\"2026-07-29\",3150],[\"2026-07-30\",3235],[\"2026-07-31\",3555],[\"2026-08-03\",3910],[\"2026-08-04\",3865],[\"2026-08-05\",4000],[\"2026-08-06\",3920],[\"2026-08-07\",3900],[\"2026-08-10\",3960],[\"2026-08-11\",4020],[\"2026-08-12\",4015],[\"2026-08-13\",4225],[\"2026-08-14\",4210],[\"2026-08-17\",4050],[\"2026-08-18\",3885],[\"2026-08-19\",3845],[\"2026-08-20\",3700],[\"2026-08-21\",3790],[\"2026-08-24\",3765],[\"2026-08-25\",3735],[\"2026-08-26\",3945],[\"2026-08-27\",3865],[\"2026-08-28\",3985],[\"2026-08-31\",3925],[\"2026-09-01\",4315],[\"2026-09-02\",4275],[\"2026-09-03\",4340],[\"2026-09-04\",4415],[\"2026-09-07\",4760],[\"2026-09-08\",4710],[\"2026-09-09\",4625],[\"2026-09-10\",4720],[\"2026-09-11\",4585],[\"2026-09-14\",4560],[\"2026-09-15\",4430],[\"2026-09-16\",4530],[\"2026-09-17\",4500],[\"2026-09-18\",4710],[\"2026-09-21\",5010],[\"2026-09-22\",5180],[\"2026-09-23\",5185],[\"2026-09-24\",5285],[\"2026-09-29\",4910],[\"2026-09-30\",4920],[\"2026-10-01\",4980],[\"2026-10-02\",4950],[\"2026-10-05\",5165],[\"2026-10-06\",4920],[\"2026-10-07\",4835],[\"2026-10-08\",4690],[\"2026-10-12\",4625],[\"2026-10-13\",4525],[\"2026-10-14\",4475],[\"2026-10-15\",4165],[\"2026-10-16\",4250],[\"2026-10-19\",4205],[\"2026-10-20\",4150],[\"2026-10-21\",4140],[\"2026-10-22\",4010],[\"2026-10-27\",3960],[\"2026-10-28\",4235],[\"2026-10-29\",4045],[\"2026-10-30\",3915],[\"2026-11-02\",3970],[\"2026-11-03\",3675],[\"2026-11-04\",3715],[\"2026-11-05\",3460],[\"2026-11-06\",3390],[\"2026-11-09\",3725],[\"2026-11-10\",3830],[\"2026-11-11\",3990],[\"2026-11-12\",3850],[\"2026-11-13\",4120]]}","ifam_pe_river":"{\"symbol\":\"2454\",\"source\":\"info.ifa.ai \u5e02\u5834\u8a55\u50f9\uff08\u672c\u76ca\u6bd4\u6cb3\u6d41\u5716\uff09\",\"sourceUrl\":\"https:\/\/info.ifa.ai\/tw-stock\/2454\/market-evaluation?indicator=channel%2F65f156d8f5ebd92955ad793b\",\"scrapedAt\":\"2026-11-13\",\"adjusted\":false,\"dates\":[\"2025-11-14\",\"2025-11-21\",\"2025-11-28\",\"2025-12-05\",\"2025-12-12\",\"2025-12-19\",\"2025-12-26\",\"2025-12-31\",\"2026-01-02\",\"2026-01-09\",\"2026-01-16\",\"2026-01-23\",\"2026-01-30\",\"2026-02-06\",\"2026-02-11\",\"2026-02-26\",\"2026-03-06\",\"2026-03-13\",\"2026-03-20\",\"2026-03-27\",\"2026-04-02\",\"2026-04-10\",\"2026-04-17\",\"2026-04-24\",\"2026-04-30\",\"2026-05-08\",\"2026-05-15\",\"2026-05-22\",\"2026-05-29\",\"2026-06-05\",\"2026-06-12\",\"2026-06-18\",\"2026-06-26\",\"2026-07-03\",\"2026-07-09\",\"2026-07-17\",\"2026-07-24\",\"2026-07-31\",\"2026-08-07\",\"2026-08-14\",\"2026-08-21\",\"2026-08-28\",\"2026-09-04\",\"2026-09-11\",\"2026-09-18\",\"2026-09-24\",\"2026-10-02\",\"2026-10-08\",\"2026-10-16\",\"2026-10-22\",\"2026-10-30\",\"2026-11-06\",\"2026-11-12\"],\"bands\":[{\"label\":\"7X\",\"values\":[466.91,466.92,466.92,466.92,466.92,466.92,466.92,466.92,463.13,463.13,463.13,463.13,463.13,463.13,463.13,463.13,463.13,463.13,463.13,463.13,440.65,440.65,440.65,440.65,440.65,440.65,440.65,440.65,440.65,440.65,440.65,440.65,440.65,425.55,425.55,425.55,425.55,425.55,425.55,425.55,425.55,425.55,425.55,425.55,425.55,425.55,425.27,425.27,425.27,425.27,425.27,425.27,425.27]},{\"label\":\"23X\",\"values\":[1534.14,1534.16,1534.16,1534.16,1534.16,1534.16,1534.16,1534.16,1521.72,1521.72,1521.72,1521.72,1521.72,1521.72,1521.72,1521.73,1521.73,1521.73,1521.73,1521.73,1447.84,1447.84,1447.84,1447.84,1447.84,1447.84,1447.84,1447.84,1447.84,1447.85,1447.85,1447.85,1447.85,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1398.24,1397.31,1397.32,1397.32,1397.32,1397.32,1397.32,1397.32]},{\"label\":\"39X\",\"values\":[2601.37,2601.4,2601.4,2601.4,2601.4,2601.4,2601.4,2601.4,2580.31,2580.31,2580.31,2580.31,2580.31,2580.31,2580.31,2580.32,2580.32,2580.32,2580.32,2580.32,2455.03,2455.03,2455.03,2455.03,2455.03,2455.03,2455.03,2455.03,2455.03,2455.05,2455.05,2455.05,2455.05,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2370.93,2369.34,2369.37,2369.37,2369.37,2369.37,2369.37,2369.37]},{\"label\":\"55X\",\"values\":[3668.6,3668.64,3668.64,3668.64,3668.64,3668.64,3668.64,3668.64,3638.89,3638.89,3638.89,3638.89,3638.89,3638.89,3638.89,3638.91,3638.91,3638.91,3638.91,3638.91,3462.22,3462.22,3462.22,3462.23,3462.23,3462.23,3462.23,3462.23,3462.23,3462.24,3462.24,3462.24,3462.24,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3343.62,3341.38,3341.42,3341.42,3341.42,3341.42,3341.42,3341.42]},{\"label\":\"71X\",\"values\":[4735.83,4735.88,4735.88,4735.88,4735.88,4735.88,4735.88,4735.88,4697.48,4697.48,4697.48,4697.48,4697.48,4697.48,4697.48,4697.5,4697.5,4697.5,4697.5,4697.5,4469.42,4469.42,4469.42,4469.42,4469.42,4469.42,4469.42,4469.42,4469.42,4469.44,4469.44,4469.44,4469.44,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4316.31,4313.42,4313.46,4313.46,4313.46,4313.46,4313.46,4313.46]},{\"label\":\"87X\",\"values\":[5803.06,5803.12,5803.12,5803.12,5803.12,5803.12,5803.12,5803.12,5756.07,5756.07,5756.07,5756.07,5756.07,5756.07,5756.07,5756.1,5756.1,5756.1,5756.1,5756.1,5476.61,5476.61,5476.61,5476.61,5476.61,5476.61,5476.61,5476.61,5476.61,5476.64,5476.64,5476.64,5476.64,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5288.99,5285.46,5285.51,5285.51,5285.51,5285.51,5285.51,5285.51]}],\"price\":{\"label\":\"\u80a1\u50f9\",\"values\":[1230,1145,1395,1425,1405,1410,1385,1430,1470,1420,1505,1630,1760,1710,1855,1945,1765,1720,1700,1585,1465,1575,1925,2435,2610,3630,3260,3860,4310,4300,4180,4390,3880,4195,3925,3370,3750,3555,3900,4210,3790,3985,4415,4585,4710,5285,4950,4690,4250,4010,3915,3390,3850]}}","ifam_strategy_ytd":"{\"as_of\":\"2026-11-12\",\"bench\":51.19,\"rows\":{\"value:30\":84.04,\"value:15\":78.49,\"garp:30\":98.07,\"garp:15\":86.6,\"momentum:15\":104.91}}","ifam_growth":"<p><strong>\u806f\u767c\u79d1\u7684\u6210\u9577\u91cd\u5fc3\u6b63\u7531\u624b\u6a5f\u8f49\u5411\u96f2\u7aef\uff1a\u70ba\u96f2\u7aef\u696d\u8005\u8a2d\u8a08\u7684 AI \u52a0\u901f\u5668\uff08ASIC\uff09\u9810\u8a08\u81ea 2027 \u5e74\u8d77\u6210\u70ba\u4e3b\u8981\u6210\u9577\u4f86\u6e90\uff0c\u667a\u6167\u88dd\u7f6e\u5e73\u53f0\u6301\u7e8c\u63d0\u9ad8\u71df\u6536\u5360\u6bd4\uff0c\u624b\u6a5f\u696d\u52d9\u5247\u9762\u81e8\u8a18\u61b6\u9ad4\u6210\u672c\u4e0a\u5347\u5e36\u4f86\u7684\u9700\u6c42\u58d3\u529b\u3002<\/strong><\/p>\n<h4>\u96f2\u7aef AI ASIC<\/h4>\n<p>\u516c\u53f8\u5728\u5e74\u5831\u4e2d\u5c07\u300c\u908a\u7de3 AI \u8207\u96f2\u7aef AI\u300d\u5217\u70ba\u767c\u5c55\u9060\u666f\u7684\u6709\u5229\u56e0\u7d20\uff0c\u4e26\u5c07\u65b0\u4e00\u4ee3\u4f01\u696d\u7d1a AI \u52a0\u901f\u5668 ASIC \u5217\u70ba\u8a08\u756b\u958b\u767c\u7684\u65b0\u7522\u54c1\uff0c\u6240\u6191\u85c9\u7684\u662f SerDes \u9ad8\u901f\u50b3\u8f38 IP\uff0c\u4ee5\u53ca\u5148\u9032\u88fd\u7a0b\u8207\u5927\u5c3a\u5bf8\u5c01\u88dd\u7684\u8a2d\u8a08\u7d93\u9a57\u3002\u57f7\u884c\u9577\u8521\u529b\u884c\u5728 2026 \u5e74 10 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u7b2c\u4e00\u6b3e AI \u52a0\u901f\u5668\u5df2\u65bc 9 \u6708\u958b\u59cb\u51fa\u8ca8\uff0c\u7b2c\u56db\u5b63\u71df\u6536\u7d04 25 \u5104\u7f8e\u5143\uff1b2027 \u5e74\u7d04 160 \u5104\u7f8e\u5143\uff0c\u5728\u8a72\u5e02\u5834\u7684\u5168\u7403\u5e02\u5360\u7d04 20%\uff1b\u4e0b\u4e00\u4ee3\u7522\u54c1\u9810\u8a08 2028 \u5e74\u7b2c\u4e00\u5b63\u91cf\u7522\uff0c\u4e26\u5df2\u53d6\u5f97\u7b2c\u4e8c\u5bb6\u96f2\u7aef\u5ba2\u6236\uff0c2028 \u5e74\u958b\u59cb\u8ca2\u737b\u71df\u6536\u3002\u5404\u6a5f\u69cb\u5c0d 2027 \u5e74 ASIC \u76f8\u95dc\u71df\u6536\u7684\u9810\u4f30\u4ecb\u65bc 135 \u5104\u81f3 203 \u5104\u7f8e\u5143\uff08\u6469\u6839\u58eb\u4e39\u5229 135 \u5104\u3001\u51f1\u57fa 156 \u5104\u3001\u82b1\u65d7\u8207\u745e\u9280 180 \u5104\u3001\u7f8e\u9280 190 \u5104\u3001\u9ad8\u76db 203 \u5104\uff09\uff0c2028 \u5e74\u4ecb\u65bc 400 \u5104\u81f3 550 \u5104\u7f8e\u5143\uff1b\u9ad8\u76db\u3001\u6469\u6839\u58eb\u4e39\u5229\u8207\u51f1\u57fa\u5747\u4f30\u8a08 2028 \u5e74 ASIC \u5c07\u5360\u71df\u6536\u516d\u6210\u4ee5\u4e0a\u3002<\/p>\n<h4>\u71df\u696d\u5229\u76ca\u7387\u7d50\u69cb<\/h4>\n<p>\u8ca1\u52d9\u9577\u9867\u5927\u70ba\u8868\u793a\uff0cASIC \u6bdb\u5229\u7387\u7565\u4f4e\u65bc\u516c\u53f8\u5e73\u5747\uff0c\u6703\u5c0f\u5e45\u62c9\u4f4e\u6574\u9ad4\u6bdb\u5229\u7387\uff0c\u4f46\u898f\u6a21\u653e\u5927\u5f8c\u5c0d\u71df\u696d\u5229\u76ca\u7387\u6709\u660e\u986f\u8ca2\u737b\uff1b\u57f7\u884c\u9577\u8521\u529b\u884c\u5728 10 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u96f2\u7aef ASIC \u81ea\u7b2c\u56db\u5b63\u8d77\u7684\u71df\u696d\u5229\u76ca\u7387\u5c07\u9ad8\u65bc\u516c\u53f8\u5e73\u5747\uff0c2027 \u5e74\u6574\u9ad4\u71df\u696d\u5229\u76ca\u7387\u53ef\u671b\u9054 20% \u4ee5\u4e0a\uff082025 \u5e74\u70ba 17.4%\uff09\u3002<\/p>\n<h4>\u667a\u6167\u88dd\u7f6e\u5e73\u53f0<\/h4>\n<p>\u5e74\u5831\u6307\u51fa\uff0cWi-Fi 7\u30015G \u6578\u64da\u6676\u7247\u300110G-PON \u8207\u908a\u7de3 AI \u6676\u7247\u7684\u6ef2\u900f\u7387\u63d0\u5347\uff0c\u4ee5\u53ca\u8eca\u7528\u5e02\u5360\u589e\u52a0\uff0c\u662f\u9019\u584a\u696d\u52d9 2025 \u5e74\u6210\u9577\u7684\u4f86\u6e90\u30022026 \u5e74\u7b2c\u4e09\u5b63\u667a\u6167\u88dd\u7f6e\u5e73\u53f0\u5360\u71df\u6536 58%\u3001\u5e74\u589e 63%\uff0c\u52d5\u80fd\u4f86\u81ea 5G \u6578\u64da\u6a5f\u3001AI \u5e73\u677f\u8207 AI PC\uff0c\u4ee5\u53ca\u8eca\u7528\u5ea7\u8259\u65b0\u6848\u91cf\u7522\uff1b\u8207 NVIDIA \u5408\u4f5c\u7684 AI PC \u6676\u7247 N1X \u65bc 10 \u6708\u4e0a\u5e02\uff0c\u7b2c\u4e8c\u4ee3\u5df2\u958b\u59cb\u958b\u767c\u3002<\/p>\n<h4>\u624b\u6a5f<\/h4>\n<p>2026 \u5e74\u7b2c\u4e09\u5b63\u624b\u6a5f\u71df\u6536\u5360 37%\uff0c\u5e74\u6e1b 17%\u3002\u8521\u529b\u884c\u5728 7 \u6708\u6cd5\u8aaa\u6703\u8868\u793a\uff0c\u624b\u6a5f\u7269\u6599\u6210\u672c\u4e0a\u5347\u4f7f\u9700\u6c42\u8f49\u5f31\uff0c\u516c\u53f8\u7dad\u6301 2026 \u5e74\u5168\u7403\u624b\u6a5f\u51fa\u8ca8\u7d04\u8870\u9000 15% \u7684\u770b\u6cd5\uff0c\u4e26\u5c07\u56e0\u4f9b\u61c9\u93c8\u6210\u672c\u4e0a\u6f32\u8abf\u6574\u552e\u50f9\u3002\u65d7\u8266\u7522\u54c1\u65b9\u9762\uff0c\u5929\u74a3 9600 Pro \u63a1\u7528\u53f0\u7a4d\u96fb 2 \u5948\u7c73\u88fd\u7a0b\uff0c\u516c\u53f8\u9810\u671f 2027 \u5e74\u65d7\u8266\u5e02\u5360\u63d0\u5347\u3002TrendForce \u5247\u9810\u4f30 2027 \u5e74\u8a18\u61b6\u9ad4\u5408\u7d04\u50f9\u7e8c\u6f32\uff0c\u624b\u6a5f\u7522\u91cf\u53ef\u80fd\u9762\u81e8\u66f4\u5927\u7684\u4e0b\u4fee\u58d3\u529b\uff0c\u5165\u9580\u6a5f\u53d7\u5f71\u97ff\u6700\u5927\u3002<\/p>\n<h4>\u5e02\u5834\u95dc\u6ce8\u7684\u8b8a\u6578<\/h4>\n<p>\u4e3b\u8981\u5728 ASIC \u7684\u57f7\u884c\u9762\u3002\u6469\u6839\u58eb\u4e39\u5229\u8207\u7f8e\u9280\u5747\u6307\u51fa\uff0c\u4e0b\u4e00\u4ee3 TPU \u53ef\u80fd\u63a1\u7528\u7684\u82f1\u7279\u723e EMIB-T \u5c01\u88dd\uff0c\u5176\u8f09\u677f\u826f\u7387\u662f\u80fd\u5426\u653e\u91cf\u7684\u95dc\u9375\uff1b\u8521\u529b\u884c\u8868\u793a\u7b2c\u4e8c\u4ee3\u7522\u54c1 2028 \u5e74\u7b2c\u4e00\u5b63\u91cf\u7522\u7684\u6642\u7a0b\u6c92\u6709\u5ef6\u5f8c\uff0c\u4f46\u90e8\u5206\u8f03\u5927\u6676\u7c92\u7684\u9032\u5ea6\u843d\u5f8c\u6578\u9031\uff0c\u8f09\u677f\u7b49\u6750\u6599\u53d6\u5f97\u56f0\u96e3\u3001\u4f9b\u61c9\u93c8\u6210\u672c\u4e0a\u5347\u3002\u6469\u6839\u58eb\u4e39\u5229\u53e6\u63d0\u9192\uff0c\u82e5\u96f2\u7aef\u696d\u8005\u7e2e\u6e1b\u8cc7\u672c\u652f\u51fa\uff0c\u53ef\u80fd\u8f49\u56de\u63a1\u7528 GPU\u3002<\/p>\n","ifam_val_profit":"<p>\u76ee\u524d\u5e02\u5834\u666e\u904d\u9810\u4f30\uff0c\u806f\u767c\u79d1\uff082454\uff092026 \u5e74\u71df\u6536\u7d04 6,853 \u5104\u5143\u3001EPS \u7d04 72.4 \u5143\uff1b2027 \u5e74\u71df\u6536\u7d04 12,000 \u5104\u5143\u3001EPS \u7d04 148.7 \u5143\uff1b2028 \u5e74\u71df\u6536\u7d04 19,260 \u5104\u5143\u3001EPS \u7d04 270.6 \u5143\u3002\u4ee5\u4e0a\u70ba\u516c\u958b\u5e02\u5834\u5171\u8b58\u7684\u5e73\u5747\u503c\u3002<\/p>\n<ul>\n<li><strong>2026 \u5e74\uff1a\u71df\u6536\u6210\u9577\u4e00\u6210\u4e94\uff0c\u7372\u5229\u6210\u9577\u8fd1\u4e00\u6210\u3002<\/strong> \u5171\u8b58\u71df\u6536 6,853 \u5104\u5143\uff08\u5e74\u589e 15.0%\uff09\u3001EPS 72.4 \u5143\uff08\u5e74\u589e 9.6%\uff09\u3002\u7372\u5229\u6210\u9577\u6709\u9650\u7684\u539f\u56e0\u5728\u7522\u54c1\u7d44\u5408\u6b63\u5728\u63db\u624b\uff1a\u624b\u6a5f\u6676\u7247 2026 \u5e74\u4e0a\u534a\u5e74\u5360\u5408\u4f75\u71df\u6536 45.0%\uff08\u4e00\u5e74\u524d 53.8%\uff09\uff0c\u667a\u6167\u88dd\u7f6e\u5e73\u53f0\u5347\u5230 49.5%\uff0c\u4f46\u4e0a\u534a\u5e74\u5408\u4f75\u71df\u6536 3,013 \u5104\u5143\u53cd\u800c\u6bd4\u524d\u4e00\u5e74\u540c\u671f\u5c11 0.8%\u3002<\/li>\n<li><strong>2027 \u5e74\uff1a\u5e02\u5834\u9810\u4f30\u71df\u6536\u6210\u9577\u4e03\u6210\u4e94\uff0c\u7372\u5229\u500d\u589e\u3002<\/strong> \u5171\u8b58\u71df\u6536 12,000 \u5104\u5143\uff08\u5e74\u589e 75.1%\uff09\u3001EPS 148.7 \u5143\uff08\u5e74\u589e 105.4%\uff09\u3002\u9019\u500b\u8df3\u5347\u5c0d\u61c9\u7684\u662f\u66ff\u96f2\u7aef\u5ba2\u6236\u8a2d\u8a08\u7684 ASIC \u9032\u5165\u91cf\u7522\u51fa\u8ca8\u7684\u9810\u671f\uff0c\u800c\u975e\u624b\u6a5f\u6676\u7247\u7684\u56de\u5347\uff1b\u5b83\u4e5f\u662f\u6574\u7d44\u5171\u8b58\u88e1\u5e45\u5ea6\u6700\u5927\u3001\u5c0d\u55ae\u4e00\u696d\u52d9\u4f9d\u8cf4\u6700\u6df1\u7684\u4e00\u6bb5\u3002<\/li>\n<li><strong>2028 \u5e74\u3002<\/strong> \u5171\u8b58\u71df\u6536\u7d04 19,260 \u5104\u5143\uff08\u5e74\u589e 60.5%\uff09\u3001EPS 270.6 \u5143\uff08\u5e74\u589e 82.0%\uff09\uff0c\u5ef6\u7e8c 2027 \u5e74\u7684\u9ad8\u6210\u9577\u3002\u9019\u500b\u5e74\u5ea6\u8ddd\u4eca\u8f03\u9060\uff0c\u80fd\u898b\u5ea6\u76f8\u5c0d\u6709\u9650\u3002<\/li>\n<\/ul>\n<p>\u5be6\u7e3e\u5c0d\u7167\uff1a2026 \u5e74\u524d\u4e09\u5b63\u7d2f\u8a08\u71df\u6536 4,694 \u5104\u5143\u3001\u5e74\u589e 5.3%\uff0c\u4f46\u7b2c 3 \u5b63\u55ae\u5b63 1,681 \u5104\u5143\u3001\u5e74\u589e 18.3%\uff0c\u6210\u9577\u5728\u7b2c 3 \u5b63\u624d\u56de\u4f86\uff1b10 \u6708\u55ae\u6708 550.3 \u5104\u5143\u3001\u5e74\u589e 5.8%\uff0c1\u201310 \u6708\u7d2f\u8a08 5,244.2 \u5104\u5143\u3001\u5e74\u589e 5.3%\u3002\u5171\u8b58\u7684 2026 \u5e74\u71df\u6536\u96b1\u542b 11\u201312 \u6708\u5408\u8a08\u9700\u9054 1,608.8 \u5104\u5143\u3001\u6708\u5747\u7d04 804 \u5104\u5143\uff0c\u8f03 10 \u6708\u9ad8\u51fa\u56db\u6210\u516d\uff0c\u63db\u7b97\u8f03\u53bb\u5e74\u540c\u671f\u6210\u9577\u903e\u516d\u6210\u3002\u7372\u5229\u7aef\uff0c\u4e0a\u534a\u5e74 EPS 30.38 \u5143\uff0c\u5168\u5e74 72.4 \u5143\u7684\u5171\u8b58\u96b1\u542b\u4e0b\u534a\u5e74\u9700\u9054 42.0 \u5143\u3001\u5e73\u5747\u6bcf\u5b63\u7d04 21.0 \u5143\uff0c\u6bd4\u7b2c 2 \u5b63\u55ae\u5b63\u7684 15.25 \u5143\u9ad8\u51fa\u8fd1\u56db\u6210\u3002\u9019\u6bb5\u5dee\u8ddd\u80fd\u5426\u88dc\u4e0a\uff0c\u76f4\u63a5\u95dc\u4fc2\u5230 2027 \u5e74\u90a3\u7d44\u500d\u589e\u5171\u8b58\u7684\u8d77\u9ede\u5728\u54ea\u88e1\uff1b\u6bdb\u5229\u7387\uff082026 \u5e74\u7b2c 2 \u5b63\u70ba 46.2%\uff09\u7684\u8b8a\u5316\uff0c\u5247\u6703\u986f\u793a ASIC \u653e\u91cf\u5c0d\u7522\u54c1\u7d44\u5408\u7684\u7a00\u91cb\u7a0b\u5ea6\u3002<\/p>\n","ifam_val_multiple":"","ifam_strategy_on":"1","ifam_trades":"{\"fileName\":\"\",\"source\":\"\u6bcf\u65e5\u81ea\u52d5\u66f4\u65b0\",\"sheet\":\"\u806f\u767c\u79d1(2454)\u9032\u51fa\u7d00\u9304\",\"blocks\":[{\"title\":\"Trending Momentum Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2026-05-05\",\"2026-05-20\",\"15\",\"3,155.00\",\"3,195.00\",\"+1.27%\",\"3,155.00\",\"3,230.00\",\"+2.38%\"],[\"2\",\"2026-05-26\",\"2026-06-05\",\"10\",\"4,375.00\",\"4,360.00\",\"-0.34%\",\"4,265.00\",\"4,300.00\",\"+0.82%\"],[\"3\",\"2026-08-03\",\"2026-08-05\",\"2\",\"3,910.00\",\"4,095.00\",\"+4.73%\",\"3,910.00\",\"4,000.00\",\"+2.30%\"],[\"4\",\"2026-08-06\",\"2026-08-07\",\"1\",\"4,100.00\",\"3,990.00\",\"-2.68%\",\"3,920.00\",\"3,900.00\",\"-0.51%\"],[\"5\",\"2026-08-11\",\"2026-08-17\",\"6\",\"3,900.00\",\"4,205.00\",\"+7.82%\",\"4,020.00\",\"4,050.00\",\"+0.75%\"],[\"6\",\"2026-09-08\",\"2026-09-10\",\"2\",\"4,800.00\",\"4,560.00\",\"-5.00%\",\"4,710.00\",\"4,720.00\",\"+0.21%\"],[\"7\",\"2026-09-11\",\"2026-09-21\",\"10\",\"4,635.00\",\"4,800.00\",\"+3.56%\",\"4,585.00\",\"5,010.00\",\"+9.27%\"],[\"8\",\"2026-09-22\",\"2026-09-30\",\"8\",\"5,280.00\",\"5,010.00\",\"-5.11%\",\"5,180.00\",\"4,920.00\",\"-5.02%\"]]},{\"title\":\"Trending Value Q15\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2026-04-28\",\"2026-06-25\",\"58\",\"2,490.00\",\"4,400.00\",\"+76.71%\",\"2,615.00\",\"4,310.00\",\"+64.82%\"],[\"2\",\"2026-09-22\",\"2026-10-08\",\"16\",\"5,280.00\",\"4,800.00\",\"-9.09%\",\"5,180.00\",\"4,690.00\",\"-9.46%\"]]},{\"title\":\"Trending Value Q30\",\"header\":[\"\u6b21\u6578\",\"\u9032\u5834\u65e5\u671f\",\"\u51fa\u5834\u65e5\u671f\",\"\u6301\u6709\u5929\u6578\",\"\u9032\u5834\u958b\u76e4\u50f9\",\"\u51fa\u5834\u958b\u76e4\u50f9\",\"\u958b\u76e4\u5831\u916c\",\"\u9032\u5834\u6536\u76e4\u50f9\",\"\u51fa\u5834\u6536\u76e4\u50f9\",\"\u6536\u76e4\u5831\u916c\"],\"returnCols\":[6,9],\"rows\":[[\"1\",\"2026-04-27\",\"2026-05-28\",\"31\",\"2,470.00\",\"4,620.00\",\"+87.04%\",\"2,435.00\",\"4,410.00\",\"+81.11%\"]]}],\"parsedAt\":\"2026-11-13T07:24:40.797Z\"}","ifam_valuation":"{\"matrix\":{\"corner\":\"\",\"title\":\"\",\"note\":\"\",\"columns\":[{\"order\":1,\"year\":\"2025(A)\",\"eps\":66,\"label\":\"2025(A)\uff1a66.0 \u5143\"},{\"order\":2,\"year\":\"2026(E)\",\"eps\":72.4,\"label\":\"2026(E)\uff1a72.4 \u5143\"},{\"order\":3,\"year\":\"2027(F)\",\"eps\":148.7,\"label\":\"2027(F)\uff1a148.7 \u5143\"},{\"order\":4,\"year\":\"2028(F)\",\"eps\":270.6,\"label\":\"2028(F)\uff1a270.6 \u5143\"}],\"rows\":[{\"order\":1,\"pe\":4120,\"peLabel\":\"4,120 \u5143\",\"desc\":\"2026-11-13\",\"cells\":[{\"order\":1,\"price\":62.42424242424242,\"text\":\"62.4 \u500d\",\"hl\":false},{\"order\":2,\"price\":56.9060773480663,\"text\":\"56.9 \u500d\",\"hl\":false},{\"order\":3,\"price\":27.70679219905851,\"text\":\"27.7 \u500d\",\"hl\":false},{\"order\":4,\"price\":15.225424981522542,\"text\":\"15.2 \u500d\",\"hl\":false}]}]}}","ifam_val_range":"","footnotes":""},"categories":[8],"tags":[],"ifam_industry":[13],"ifam_strategy":[],"class_list":["post-75","post","type-post","status-publish","format-standard","hentry","category-stock","ifam_industry-semiconductor"],"_links":{"self":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/75","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/comments?post=75"}],"version-history":[{"count":2,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/75\/revisions"}],"predecessor-version":[{"id":493,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/posts\/75\/revisions\/493"}],"wp:attachment":[{"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/media?parent=75"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/categories?post=75"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/tags?post=75"},{"taxonomy":"ifam_industry","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_industry?post=75"},{"taxonomy":"ifam_strategy","embeddable":true,"href":"https:\/\/ifa.ai\/research\/wp-json\/wp\/v2\/ifam_strategy?post=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}