瑞穗上调台积电CoWoS产能预测，因服务器CPU需求激增
英文摘要
Mizuho Securities Asia has raised its forecast for TSMC's monthly CoWoS packaging capacity to 140,000 units by 2026, up from a previous estimate of 120,000 units. The firm also raised its 2027 outlook to between 190,000 and 200,000 units per month, compared to its earlier range of 170,000 to 180,000 units. The upward revision is driven by a sharply upgraded outlook for AI-driven server CPU demand.
中文摘要
瑞穗证券亚洲上调了对台积电CoWoS月产能的预测，2026年从之前的12万单位上调至14万单位。2027年预测也从17万至18万单位上调至19万至20万单位。此次上调主要由于对AI驱动的服务器CPU需求进行了大幅升级。
关键要点
Mizuho raised TSMC's 2026 monthly CoWoS capacity forecast from 120,000 to 140,000 units.
瑞穗将台积电2026年CoWoS月产能预测从12万单位上调至14万单位。
The 2027 forecast was increased from 170,000–180,000 units to 190,000–200,000 units.
2027年的预测从17万–18万单位上调至19万–20万单位。
The revision is driven by sharply higher expectations for AI-driven server CPU demand.
此次修正源于对AI驱动服务器CPU需求的预期大幅提升。