《大行》高盛上調臺積電(TSMC.US)今年至2027年盈測2%至6% 續列「確信買入名單」
高盛上調臺積電(TSMC.US)今年至2027年盈利預測2%至6%,基於上調3奈米及5奈米晶圓收入預測,部分因爲對進一步AI訂單削減的擔憂有所緩解;以及受客戶採用率提高推動,上調CoWoS晶片封裝需求預測。
該行認爲,市場短期內進一步大削AI訂單可能性降低,受惠上下遊供應鏈失衡改善。對於CoWoS,該行預測需求將持續增長,受芯片設計在智能手機、伺服器、網絡等非AI領域應用範圍擴大推動,未來將支持CoWoS更持續且多元化需求增長。
該行將今年至2027年CoWoS出貨量預測由58.5萬至128.7萬塊,上調至66.4萬至156.6萬塊,並將CoWoS產能預測由60萬至141萬塊,上調至67.5萬至174萬塊。該行相應把2026年及2027年資本支出預測各上調20億美元,至420億美元及500億美元。
該行把臺積電維持在「確信買入名單」,ADR及臺股目標價分別爲242美元及1,210元新臺幣。
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