玉山晨訊：台股晨訊

ѯ ޷ఒ ଊ |ݚዻ༗ϸ޷ѯ ໋Κѯ޷Ӷα໋ϥ२ਚႇࡤ໡ዻя౫ໂ౐ЇኇȂѠ௕Ⴌφ޷፳ᔇۧґ๗Ȃೞ୞ϰӈȃΡጤශ༬хϏ๊ႬφఋထϬࡼ៊२ਚȂᏳय՘௒ᎫᕞႇࡤϬҦޫРാяȂࡿ኶ίໂ221.57ᘉȂໂൾ0.52%Վ42,449.70ᘉȄѯ޷ЇኇณΩґ૗ࢆ᏾۠ጤȂҦܼ٪ᑖܓ྆ߓ޷܉౫ࡼ៊׫ໂȂႲ෉ᐍ౪ਣ໣ߞܝȂӱԫ฼ጤϬ໹ᗘ໡᝱ጇট༅й৶༗ޠႬφఋထȂίᔭϬп40,000ژᘉ42,000ᘉߗߤ࿌ձϜ෉МእȄ |ݚϸ޷ঐ -- |२्ུݚᆹϸ „ӏ೾ଊѽᓟൣൊ ࣻᜱѯᜧᕋၽࣽቩ(3081)(စᔽC3)„ѯᑗႬଓଡ଼ߞ༂ϧࢎȈ2ۋԾԚᕋԞུЖᔞ(Ϗ୧A1)„ҲիஇαУᕖւൣൊ(Ϗ୧B1)„ѯ㈆6УEPS 3.06ϰѯ㈆(6274) (Ϗ୧B1) |ݚᖃစϸ „Ⴌφ฾ᡞቌੀαᅜȂԚ࣐AIഌဎԚҐਞઊණЁߣޠᛥ„Ӎཿޠȶኅހ௵ңȷ׭೛ᙾϾ࣐ȶҢ౱ΩණЁȷޠ्҇ࠊණ„AIᄈҢ౱ΩޠණЁਞٯݏϛְᒌȂሰؒᆓޠ׺ၦЩٽ๞ᆓޠҢ౱Ωԟя౫„AIᄈ൸ཿҀൠኈ៫໲ϜାAI௵ң౱ཿڸԒሇഽ୞Ω |୾ር޷Ҁၦଊ „ӓ౩޷ҀІ୧ࠣቌੀၦଊ„୾ር޷Ҁл्ঐ޷ቌੀၦଊ „0.59%0.60%ADR0.99%„ 221.570.52%42,449.7010,414.5760.84163.2280.6421.74189.275,690.3680.061,881.92„0.41%0.57%1.23% 0.5%3.5% „ / (3081)(C3) 77%102%(3081) 20262026103.2TCW Laser2H2613.5MOCVD2027MOCVD2026100%E-beam22025E-beam5DUV6DUV3~5Sumitomo52026/2027/2028169.6%/139.7%/73.4%59.4/142.4/246.8EPS23.58/62.77/117.754,040 „2(A1) CNBC2 3232H262AI2H2640%42.4%5.422H262EPS 105.062,760(7.1PBR*2027BVPS(F)) „(B1) 7/2062.06EPS 1.24194%5EPS 1.022H26 562.26(2Q26 EPS3.1)2H26AINP0AIAI2026/202735%/65%EPS13.9/25.528715 6EPS 3.06(6274) (B1) 648.95113.79219.2EPS3.061.022 6EPS 3.061Q2670%2Q2633%2Q26 Trainium335-45%62026/2027/2028EPS36.41/70.55/107.27Forward PE20-3020201,400 ᖃᡞစᔽ኶ᐄϸݚ_ዊजҀൠ „Ⴌφ฾ᡞቌੀαᅜȂԚ࣐AIഌဎԚҐਞઊණЁߣޠᛥȈߗԒٿၦਠϜЗޠ൑՞ᆘΩԚҐȞTFLOP/sί७֖ȟᗎ༗Ȃ۾៊Πߞ෉пٿᅌᆘݳᇅ฾ᡞਞ౦ණЁޠकւȄկᓎ㡱ዂ࠯೤ዂᘘτȂє֥ଅᏺᡞӶϲޠႬφ౱ࠣ८ᖞٽ๞౮ᓜȂᢏᄇڸAIႬφऌ׭ࣻᜱޑޠቌࡿዀȂज୾PCEϜၦଊ೏౪೪റխ᠍२ङ1.6%ȃCPIϜၦଊऌ׭խࠣ౱0.7%ȂPPIϜႬဟІႬφ౱ࠣխ5.2%Ȃ฼෉ᄈޑቌኈ៫Ϭ೏Ѡ௢ጓ൝ϲȇϜߞ෉ࣽȂљᏳᡞІႬφႮಣӈ౱૗ޠᘘ஼૗֐ጦ၍ٽ๞ڨ४ЖึޠᅜቌᔇΩȂ஡ۢ؛Ӎཿτ೤ዂഌဎAIޠԚҐਞઊ૗֐ໍΚؐ㋏≆Ȅ „Ӎཿޠȶኅހ௵ңȷ׭೛ᙾϾ࣐ȶҢ౱ΩණЁȷޠ्҇ණȈࠊޠяȂज୾Ӎཿࡿ኶ᐄࢦ።ޠ׌ࢦज୾΢π඾AI௵ң౦௄2023ޠۼԒ3.8%ණЁՎϭԒ5ޠУ19.8%ȂڐϜȂၦଊ೏౪ȃߝᒋȃ஠ཿ׭ڸ೛݉ଡ଼ήτ౱ཿޠAI௵ң౦ഷାȂկᖓྦཽӶ7/17ึܼΚ጖ᜱޠոAIԄեኈ៫စᔽޠൣࡿ֚яȂӼ኶ӍཿޠAIഌဎϬ୅੽Ӷ఼ቺၑң׌ܗഌህֆ໧ࢳȂۧґໍ՘౐ޠ࡚ཿଡ଼ࢻโᐍӬ,ӱԫ௵ң౦ޠණାϛཏک຀Ң౱ΩޠҴ֊ԚߞȄ „AIְϛٯݏණЁਞޠᄈҢ౱ΩᒌȂሰؒᆓޠ׺ၦЩٽ๞ᆓޠҢ౱Ωԟя౫ȈᖓྦཽစᔽᏱঢ়Ӷ7/17֚ൣޠϜȂໍΚؐ஡ϵѨࡹAI௵ң࡚ϸ࣐ήτ᜹ȂڐϜȂAI௵ң࡚ၷାޠ౱ཿȞၦଊȃߝᒋȃ஠ཿᇅ୧ཿ݉ଡ଼ȟഽ୞Ң౱ΩԚߞାȂկ௵ң࡚۩ϜȞ״ึႮ୶ȃᇨആཿȃఁيᚃᕜȟڸၷմޠ౱ཿȞ澳ϵңٲཿȃᕋആȃӅ໤ᓢਢȃၽᒰঙᓾȟ౱ཿࠍԚߞԥ४ȄӤਣȂᖓྦཽӶൣ֚Ϝ஡GDPޠ׺ၦ໷ҭໍ՘Πၐಡܷ၍Ȃࡿя2026ԒQ1೻ᡞڸႬဟ೪റ׺ၦϸրᄈGDPଔᝧߞቩ0.53ȃ0.59ঐԼϸᘉȂၦਠϜЗޠѵ㠇๗ᄻ࡛ᑟڸႬΩ೪ࢋ׺ၦηӬॏଔᝧङ0.06ঐԼϸᘉȂAIӶሰؒᆓЖึޠା஽࡚׺ၦȂЩٽ๞ᆓޠҢ౱Ωቩߞԟя౫Ȅ„AIᄈ൸ཿҀൠኈ៫໲ϜାAI௵ң౱ཿڸԒሇഽ୞ΩȈߗ෉኶ᐄᡘұᐍᡞ൸ཿҀൠґя౫AIЖึޠτ೤ዂ ȶޣ௦ນসȷጦȷܺဓܤȶޠ౫֖ȂӼȂᡘұӍཿӶ׭೛फ़хϛጃۢܓίᒶᐆஊଌࢌԥഽϏȃܺጦᘘጢഁ࡚Ȃܤဓޠ෶ЎЏڐึҢၦଊȃߝᒋڸ஠ཿ׭೛݉ଡ଼ཿϜȂٯ໲ϜӶԒሇসϏٙαȂ20-24ྒߨԒѷཿ౦ࣻၷܼ25-54ȃ45-54ྒޠഽ୥౦ᡘ຀ٗմȂཱུұґٿAIᄈഽ୞Ҁൠޠኈ៫Ѡ૗໲Ϝᡞ౫ӶᄈԒሇഽΩޠ௷ᔡȄ ၦਠٿྜȈඈീȃᖓྦཽȃҞύ׺៬(2026/07/21) ( www.esunconsulting.com.tw )