文｜半导体产业纵横

skhailishi，yingweidayubotongliangshouzhua。

jutheelechuoxi，hanguoneicunxinpianjutouskhailishiyiyingdexiangbotonggongyinggaodaikuanneicun（hbm）dedadingdan。zheijiameiguoxinpianjutoujiangcongskhailishicaigouneicunxinpian，yianzhuangzaiyijiadaxingkejigongsiderengongzhinengjisuanxinpianshang。

skhailishiyujijiangyumingnianxiabanniangongyinggaixinpian。

yeneirenshibiaoshiskhailishixianzaikendinghuidiaozhengqidramshengchannengliyuce，yinweitaxianzaiweiyingweidahebotonggongyinghbm。muqian，taweiyingweidadeaijiasuqigongyingledabufenhbm。

zheijiahanguogongsijihuamingnianjiangqi1b dram（yongzuoqihbmdehexinxinpian）deshengchannenglikuodadao140,000zhi150,000pian300haomijingyuan。

dansuizheyubotongdexinjiaoyi，yujizheiyishuzijiangzengjiadao160,000zhi170,000pian300haomijingyuan。

skhailishihaikeyituichiqi1c dram（1bdramdehouxuchanpin）shebeideanzhuangshijianbiao，yishouxianmanzuzheiyixindepoqiexuqiu。

botongbeishiweitiaozhanyingweidadeqianzaijingzhengduishou，yingweidamuqianzaiaixinpianshichangzhanjuzhudaodiwei。suiranbotongbuxiangyingweidaneiyangshengchanzijideaixinpian，dantashengchanyoudaxingkejigongsikehushejidezhuanyongic（asic）。

genjushichangyuce，dao2028nian，ai asicxinpiandeshichangguimoyouwangtupo400yimeiyuan，nianfuhezengzhanglvgaoda45%。zheiyijingrendezengzhangqianlibeihou，yunzangzheai asicxinpianzaigonghao、chengbenhexingnengfangmiandejudayoushi。ai asic xinpianzaitedingrenwuzhongzhanxianchuxianzhudegonghaohechengbenyoushi。yuchuantongde gpu xiangbi，jinguandanke asic desuanlikenenglvexunyichou，danzaizhengtijiqundesuanliliyongxiaolvshangquekenenggengshengyichou。

botongbenyuezaoxieshihoubiaoshi，zhengzaiyusanjiadaxingyunfuwutigongshang（kenengshiguge、metahezijietiaodong）hezuokaifaaixinpian。haiyouxiaoxicheng，botongzhengzaiyupingguoheopenaihezuokaifaaixinpian。zheixieleguandeyuceshigaigongsideguzhichaoguole1wanyihanyuan。

botongdeaijiasuqiyujijiangshiyongnpu，jishenjingchulidanyuan。yingweidashiyongtongyonggpu，dannpushiweitedingmudeershejide，zheikeyizaishijian、chengbenhegonglvxiaolvfangmianweiqidailaiyoushi。

yucitongshi，skhailishizai10yuefendisanjidudianhuahuiyishangbiaoshi，yujihbmjiangzhandisijidudramshourude40%。suizhebotongjiaoyidewancheng，zheiyishuziyujijiangjinyibushangsheng。skhailishizaidianhuahuiyishangbiaoshi，kehuduihbm3edexuqiuzengzhangsudukuaiyuyuqi，gaigongsizhengzhuanzhuyukuodachanneng。

skhailishidefayanrenjujueduiqikehufabiaopinglun。

genjubotongfabudezuixinyiqidisicaijicaibaoxianshi，qineishixianyingyeshouru516yimeiyuan，tongbizengzhang44%，qizhongjichusheshiruanjianshixianshouru215yimeiyuan，zhuyaodeyiyuduivmwaredeyewuzhenghe，bandaotiyewushixianshouru301yimeiyuan。

botongzongcaijianceo hock tan（chenfuyang）zhichu，deyiyugongsiqixiaai xpuleixinpianheyitaiwangchanpinzuhedexuqiuzhicheng，gongsiaixiangguanyewushourutongbishixianzengzhang220%zhi122yimeiyuan。

zaiyejijiaoliuhuishang，hock tanhaijieshaoleweilaisannianzaiaixinpianlingyugongsidefazhankongjian。tabiaoshi，muqiangongsiyousanjiachaodaguimokehuyijingzhidingleduodaiai xpuluxiantu，yujidao2027nian，meigekehuzaidanyiwangluojiagouzhongjiangbushu100wangexpujiqun，yuguzheisanjiakehudexuqiushichangzongliangyueyou600-900yimeiyuan，gongsijiangqiangzhanqizhongzhongyaofene。

ciwai，gongsihaizaiweiliangjiaxindechaodaguimokehushejikaifaxiangyingxiayidaiai xpuchanpin，youwangzai2027nianzhiqianzhuanhuaweishourulaiyuan。gongsi3nm xpujiangzai2025nianxiabanniankaishidaguimochuhuo。

ai asicxinpianshichangdekuaisuzengzhangbingfeiouran。yifangmian，shichangxuqiubuduanpansheng。amdceosuzifengyuce，dao2027nianaijiasuqishichangguimojiangdadao4000yimeiyuan。lingyifangmian，jishushengtaidechengshuweiai asicxinpiandefazhanpupingledaolu。dangqianaisuanfaxiangtransformershoulian，yipytorchweizhudeshenduxuexikuangjiadepuji，weiai asicxinpiantigonglewendingdeyingyonghuanjing。yunchangshangyezaijijigoujianjichenglezhuliushenduxuexikuangjiaderuanjianshengtai，kaifagezhongbianyiqihedicengzhongjianjian，jinyibujiangdileai asicxinpiandeshiyongmenjian。

suizheruanjianshengtaidezhubuwanshan，ai asicxinpiandejianrongxingheyiyongxingjiangbuduantisheng，zheijiangjidadikuozhanqiyingyongfanwei。muqian，ai asicxinpianzhuyaofuwuyuyunchangshangziyouyewuhejubeiyidingbianyinenglidezhongdaxingqiye。dansuizheshiyongmenjiandejiangdi，weilaiyouwangxiyingengduozhongxiaoqiyehekaifazhejiaru，jinyibutuidongshichangguimodekuozhang。

zhanwangweilai，ai asicxinpianzaiyunjisuanheaituiliyuxunlianlingyudeshentoulvyouwangchixutisheng。