[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"content-doc-dcio58dc8c96":3},{"user":4,"document":8,"mainDocument":27,"columnUrl":29,"subscription":30,"footer":42,"text":77},{"isAuthenticated":5,"isAdmin":5,"displayName":6,"avatarUrl":6,"nid":6,"groupLevel":7},false,"",-10,{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":21,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},"dcio58dc8c96","英特尔 INTC 今天大涨的原因","\u002Fdoc\u002Fdcio58dc8c96","col18178739ee","美股资讯","\u002Fcol\u002Fcol18178739ee","\u003Cp>英特尔 INTC 今天大涨的原因是供应链传出，除了苹果（Apple）外，NVIDIA也暂时确立2028年登场的Feynman架构平台，将与英特尔（Intel）合作，不过，两大厂心态相似，“量少、低阶、非核心”为主要策略。希望迎合川普（Donald Trump）政府的指示，但不影响与台积电的台作关系，也就是说，虽采行双代工模式，力求量产风险降至最低。\u003C\u002Fp>\u003Cp>NVIDIA Feynman架构世代　部分寻求英特尔合作\u003C\u002Fp>\u003Cp>NVIDIA除了2025年9月，宣布斥资50亿美元入股英特尔后，最新规划是会在Rubin系列的下个继任者，也就是Feynman架构芯片，与英特尔合作。\u003C\u002Fp>\u003Cp>GPU die仍由台积代工，I\u002FO die则部分采用英特尔18A、或预定2028年量产的14A制程，视14A后续良率量产状况而定。最后交由英特尔EMIB进行先进封装，据了解，以最后先进封装比重来看，英特尔最高约占25%，台积电约75%。\u003C\u002Fp>\u003Cp>供应链人士表示，在川普政府美国制造目标确立与关税压力多方下，美系芯片大厂早与英特尔研议合作，但由于18A未达客户期待，合作时间点应会在2028年量产的14A。\u003C\u002Fp>\u003Cp>对比14A、18A制程导入风险高，多数业者与英特尔的合作，系由先进封装EMIB先行，执行长陈立武日前表示，目前有两家客户正在评估14A制程的具体细节。另外，也可从资本支出增幅，来判断英特尔何时赢得客户订单。\u003C\u002Fp>\u003Cp>供应链业者分析，美国制造目标面临成本与良率挑战，但在政治、供应链韧性与台积先进封装产能受限的现实下，美系芯片大厂势必启动双代工策略。\u003C\u002Fp>\u003Cp>苹果入门级处理器找上英特尔\u003C\u002Fp>\u003Cp>供应链业者也表示，苹果与英特尔洽谈多时的合作代工产品，应是MacBook所搭载的“入门级M系列处理器”，目前由台积代工。\u003C\u002Fp>\u003Cp>事实上，苹果Mac系列自2006年起，采用英特尔x86处理器，英特尔也在2005年于美国俄勒冈州晶圆厂特为其设立“Apple Group”专属产线。\u003C\u002Fp>\u003Cp>但在2020年6月时，苹果正式宣布推出Arm架构芯片“Apple Silicon”，Mac系列机种2年后全数转采自研芯片，当时苹果主要考量是扩大供应链掌握度，以及整合生态系，使消费者忠诚度提升。另一关键，就是英特尔10奈米制程延迟，恐影响了Mac新机上市。\u003C\u002Fp>\u003Cp>为何苹果3年后又重启跟英特尔合作？\u003C\u002Fp>\u003Cp>供应链业者透露，与其他芯片厂考量一样，苹果再度改变代工政策的主因，仍系川普主导下的美国制造目标与关税冲击。其次是成本、分散单一代工制造风险及产能短缺等因素。\u003C\u002Fp>\u003Cp>台积电如何接招？　三方向盘算\u003C\u002Fp>\u003Cp>目前观察，苹果、NVIDIA都是以代工风险最低的产品渐进式调整，与英特尔洽谈合作的还有Google、微软（Microsoft）、AWS、高通（Qualcomm）、博通（Broadcom）、超微（AMD）与Tesla等，以及掌握度最高的美国政府标案长约大单。\u003C\u002Fp>\u003Cp>不过，英特尔能否符合早已习惯台积电模式的科技龙头需求，变数仍大。\u003C\u002Fp>\u003Cp>对台积来说，已预见众多客户会另转往英特尔投片，尽管部分订单分流至英特尔，但实际上对台积电是“利远大于弊”。\u003C\u002Fp>\u003Cp>业者认为，至少有三层战略考量：\u003C\u002Fp>\u003Cp>第一，可降低垄断与监管疑虑。\u003C\u002Fp>\u003Cp>第二，可释放美国政治压力。\u003C\u002Fp>\u003Cp>第三，外溢仅是“非核心”订单，有助于未来议价与供货。\u003C\u002Fp>\u003Cp>一方面替台积电在晶圆代工业市占率过高，恐怕牵扯反垄断法的疑虑有所解套。二方面，适度释出非核心订单，也可以减轻来自川普政府不断释出各种要求的压力。三方面，台积电仍有信心稳固各大厂核心的高阶芯片代工大单。\u003C\u002Fp>\u003Cp>或许试过转单其他晶圆代工厂的客户，才会想念台积电的美好，这对于台积未来的议价、供货，更具优势。\u003C\u002Fp>\u003Cp>NVIDIA、苹果等业者发言体系，向来不评论供应链消息。\u003C\u002Fp>","https:\u002F\u002Fstockwebsiteblob.blob.core.windows.net\u002Fweb-202601-stk\u002FUploadernwjwv3sslxf_2026_01_28_10_22_03.png","2026-01-28T18:17:50.123","2026.01.28","2026\u002F01\u002F28",43169,[22],"INTC","Article",0,"免费","success",{"id":9,"fullTitle":10,"subTitle":6,"url":11,"columnId":12,"columnName":13,"columnUrl":14,"summary":6,"contentHtml":15,"mainContentHtml":6,"posterUrl":16,"createDate":17,"displayDate":18,"displayDateSlash":19,"pageviews":20,"tags":28,"hidden":5,"isSubContent":5,"replyDocOrTargetId":6,"contentType":23,"videoId":6,"liveVideoUrl":6,"duration":24,"price":24,"priceText":25,"priceBadgeText":25,"priceBadgeClass":26,"freeForMinGroupLevel":24,"redirectUrl":6,"readyToStream":5},[22],"\u002Fcol\u002Fstocknews",{"visible":5,"marketingHtml":31,"services":32,"recentDocuments":41},"\u003Cfigure 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buy@TradesMax.com 美国电话 626-378-3637","公司介绍","\u003Cp class=\"MsoNormal\">美股大数据 StockWe.com 是一个美国领先的金融和美股信息大数据提供商，紧盯华尔街金融市场和行情，2008年成立于美国硅谷，创始人是前纽约证券交易所资深分析师Ken，联合多位摩根斯坦利分析师，谷歌 Meta工程师利用AI和大数据，配合十多年美股实战经验和业内量化交易模型，每天处理千万级股票数据：挖掘潜力大牛股，捕捉期权异动大单，实时主力资金流向、机构持仓变化、川普突发新闻，精准买卖信号第一时间发到您手机APP。\u003C\u002Fp>","专业美股投资者都在这里",{"loading":78,"search":79,"searchPlaceholder":79,"hotContent":80,"draft":81,"noData":82,"searchNoData":83,"edit":84,"editVideo":85,"courseContent":86,"more":87,"buyNow":88,"subscribeNow":89,"encoding":90,"paidContent":91},"Loading...","搜索","热门内容","草稿","目前没有任何内容公布","当前检索内容没有数据","编辑","编辑视频","课程内容","更多","立即购买后观看","- 立即订阅 -","视频编码中...","付费内容"]