{"id":397331,"date":"2025-02-04T16:18:53","date_gmt":"2025-02-04T08:18:53","guid":{"rendered":"https:\/\/www.blocktempo.com\/?p=397331"},"modified":"2025-02-04T16:23:41","modified_gmt":"2025-02-04T08:23:41","slug":"morgan-stanley-said-tariff-war-may-sink-tsmc-and-chip-stocks-by-20","status":"publish","type":"post","link":"https:\/\/www.blocktempo.com\/morgan-stanley-said-tariff-war-may-sink-tsmc-and-chip-stocks-by-20\/","title":{"rendered":"\u5927\u6469\uff1a\u95dc\u7a05\u6230\u6050\u4f7f\u53f0\u7a4d\u96fb\u7b49\u79d1\u6280\u80a1\u7206\u8dcc20%\uff0c\u5efa\u8b70\u5148\u7372\u5229\u51fa\u5834"},"content":{"rendered":"

\u6469\u6839\u58eb\u4e39\u5229\u5728\u6700\u65b0\u5831\u544a\u4e2d\u8868\u793a\uff0c\u4e9e\u6d32\u79d1\u6280\u80a1\u77ed\u671f\u53ef\u80fd\u6703\u5728\u52a0\u5fb5\u95dc\u7a05\u3001\u8cbf\u6613\u5c40\u52e2\u7dca\u5f35\u3001\u4f30\u503c\u904e\u9ad8\u7b49\u80cc\u666f\u4e0b\uff0c\u906d\u9047 20% \u7684\u4e0b\u884c\u98a8\u96aa\uff0c\u5c0d\u6b64\uff0c\u5831\u544a\u63d0\u9192\u6295\u8cc7\u4eba\u76e1\u5feb\u7372\u5229\u51fa\u5834\u3002\u53e6\u5916\uff0c\u5831\u544a\u9084\u8868\u793a\uff0c\u5728\u672a\u4f86\u4ed6\u5011\u66f4\u770b\u597d\u4e2d\u570b\u672c\u571f\u534a\u5c0e\u9ad4\u7522\u696d\uff0c\u56e0\u70ba\u8a72\u7522\u696d\u7684\u5167\u9700\u92b7\u552e\u4f54\u6bd4\u8f03\u5927\uff0c\u4e0d\u6613\u88ab\u95dc\u7a05\u8cbf\u6613\u63aa\u65bd\u5f71\u97ff\u3002
\n\uff08\u524d\u60c5\u63d0\u8981\uff1a\u7f8e\u570b\u8cbf\u6613\u9006\u5dee\u6709\u591a\u5927\uff1f\u771f\u662f\u7d93\u6fdf\u6bd2\u85e5\uff1f\u5ddd\u666e\u5f15\u7206\u5168\u7403\u95dc\u7a05\u6230\u80cc\u5f8c\u7684\u653f\u6cbb\u7b97\u8a08<\/a> <\/span>\uff09
\n\uff08\u80cc\u666f\u88dc\u5145\uff1a\u5ddd\u666e2.0\u95dc\u7a05\u6230\u958b\u6253\uff012\/1\u8d77\u5c0d\u52a0\u58a8\u4e2d\u589e\u7a05\uff0c\u7f8e\u80a1\u5168\u9762\u6536\u9ed1\u3001\u6bd4\u7279\u5e63\u8dcc\u783410.2\u842c\u9382<\/span><\/a> \uff09<\/p>\n

 <\/p>\n

\u7f8e<\/span>\u570b\u7e3d\u7d71\u5ddd\u666e\u539f\u672c\u8a08\u5283\u5f9e 2 \u6708 4 \u65e5\u8d77\u5c0d\u4f86\u81ea\u58a8\u897f\u54e5\u548c\u52a0\u62ff\u5927\u7684\u9032\u53e3\u5546\u54c1\u5fb5\u6536 25% \u7684\u65b0\u95dc\u7a05\uff0c\u5c0d\u4f86\u81ea\u4e2d\u570b\u7684\u9032\u53e3\u5546\u54c1\u5fb5\u6536 10% \u7684\u95dc\u7a05\uff0c\u9707\u61fe\u5168\u7403\u91d1\u878d\u5e02\u5834\u3002\u6240\u5e78\u5728\u7d93\u904e\u5354\u8abf\u5f8c\uff0c\u7f8e\u570b\u5728\u4eca\u6668\u8868\u793a\u66ab\u7de9\u52a0\u5fb5\u52a0\u62ff\u5927\u8207\u58a8\u897f\u54e5\u7684\u95dc\u7a05\uff0c\u624d\u4f7f\u6bd4\u7279\u5e63\u56de\u5f48\u7a81\u7834 10 \u842c\u7f8e\u5143\u3002<\/p>\n

\u7136\u800c\uff0c\u5c0d\u4e2d\u570b\u7684\u95dc\u7a05\u5247\u5982\u671f\u9032\u884c\uff0c\u5317\u4eac\u653f\u5e9c\u7a0d\u65e9\u4e5f\u9032\u884c\u53cd\u5236\uff0c\u64da\u4e2d\u570b\u8ca1\u653f\u90e8\u516c\u544a<\/a>\uff0c\u5c07\u5728 2 \u6708 10 \u65e5\u8d77\uff0c\u5c0d\u7f8e\u570b\u90e8\u5206\u539f\u7522\u54c1\u52a0\u5fb5 10~15% \u95dc\u7a05\uff0c\u6fc0\u9032\u53cd\u5236\u8b93\u5e02\u5834\u64d4\u6182\u4e2d\u7f8e\u8cbf\u6613\u6230\u53c8\u5c07\u518d\u5ea6\u958b\u6253\u3002<\/p>\n

\u5ef6\u4f38\u95b1\u8b80\uff1a\u5ddd\u666e\u66ab\u7de9\u58a8\u897f\u54e5\u3001\u52a0\u62ff\u5927\u95dc\u7a0530\u5929\uff0c\u6bd4\u7279\u5e63\u885d\u9ad810.2\u842c\u7f8e\u5143\uff01\u4e2d\u570b\u4f4e\u982d\u62cb\u4e09\u627f\u8afe\u6295\u8cc7\u7f8e\u570b<\/a><\/span><\/strong><\/p>\n

\u4e9e\u6d32\u79d1\u6280\u80a1\u53ef\u80fd\u6703\u66b4\u8dcc 20%<\/h3>\n

\u5728\u5ddd\u666e\u9ede\u71c3\u5168\u7403\u95dc\u7a05\u6230\u98a8\u96aa\u7684\u80cc\u666f\u4e0b\uff0c\u5f6d\u535a\u793e\u5831\u5c0e<\/a>\uff0c\u6469\u6839\u58eb\u4e39\u5229\uff08\u5927\u6469\uff09\u5206\u6790\u5e2b\u5728\u6700\u65b0\u5831\u544a\u4e2d\u8868\u793a\uff0c\u5728\u5730\u57df\u8cbf\u6613\u98a8\u96aa\u3001\u4f30\u503c\u904e\u9ad8\u548c\u4e0a\u884c\u7a7a\u9593\u4e0d\u8db3\u7684\u56e0\u7d20\u4e0b\uff0c\u5e02\u5834\u6295\u8cc7\u4eba\u61c9\u7acb\u5373\u5f9e\u4e9e\u6d32\u79d1\u6280\u80a1\u4e2d\u7372\u5229\u51fa\u5834\u3002<\/p>\n

\u8fd1\u5e7e\u5e74\u9593\uff0c\u5168\u7403\u6380\u8d77 AI \u72c2\u71b1\uff0c\u8a31\u591a\u4e9e\u6d32\u79d1\u6280\u985e\u80a1\u90fd\u5f9e\u4e2d\u53d7\u76ca\uff0c\u53f0\u7063\u4e5f\u5728\u9019\u6ce2 AI \u71b1\u6f6e\u4e2d\u5c62\u5275\u4f73\u7e3e\uff0c\u534a\u5c0e\u9ad4\u9f8d\u982d\u53f0\u7a4d\u96fb\u66f4\u662f\u56ca\u62ec\u5168\u7403 64.9% \u7684\u6676\u5713\u4ee3\u5de5\u88fd\u9020\u7387\uff0c\u9818\u5148\u5730\u4f4d\u6210\u70ba\u5168\u7403 AI \u71b1\u6f6e\u4e0d\u53ef\u5ffd\u8996\u7684\u5b58\u5728\u3002<\/p>\n

\u96d6\u7136\u5927\u6469\u6c92\u6709\u660e\u78ba\u6307\u51fa\u54ea\u9593\u516c\u53f8\u6703\u53d7\u5bb3\uff0c\u4f46\u662f\u5206\u6790\u5e2b Shawn Kim\u00a0 \u7b49\u4eba\u5728\u5831\u544a\u4e2d\u8868\u793a\uff0c\u5e02\u5834\u5c0d\u8a72\u9818\u57df\u7684\u76c8\u5229\u666e\u904d\u904e\u65bc\u6a02\u89c0\uff0c\u82e5\u662f\u52a0\u5fb5\u95dc\u7a05\u3001\u8cbf\u6613\u7dca\u5f35\u5c40\u52e2\u52a0\u5287\uff0c\u8a72\u884c\u696d\u77ed\u671f\u53ef\u80fd\u9762\u81e8 20% \u7684\u4e0b\u884c\u98a8\u96aa\uff1a<\/p>\n

\u77ed\u671f\u5167\u61c9\u964d\u4f4e\u5c0d\u79d1\u6280\u80a1\u7684\u5ee3\u6cdb\u66dd\u96aa\uff0c\u4e26\u5c0d\u8a72\u884c\u696d\u7684\u6301\u5009\u9032\u884c\u5c0d\u6c96<\/p><\/blockquote>\n

\u53e6\u5916\uff0c\u5ddd\u666e\u5148\u524d\u66fe\u591a\u6b21\u653e\u8a71\uff0c\u6703\u5c0d\u570b\u5916\u751f\u7522\u7684\u96fb\u8166\u6676\u7247\u8207\u534a\u5c0e\u9ad4\u52a0\u5fb5\u66f4\u591a\u95dc\u7a05\u3002\u5c0d\u6b64\uff0c\u5927\u6469\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u9810\u8a08\u8a72\u9818\u57df\u6703\u6709\u5982\u540c 2018 \u5e74\u4e2d\u7f8e\u8cbf\u6613\u6230\u7684\u4e0b\u8dcc\u8da8\u52e2\u3002<\/p>\n

\u64da\u8abf\u67e5\uff0c\u4e2d\u7f8e\u8cbf\u6613\u6230\u5f9e 2018 \u5e74 1 \u6708 22 \u65e5\u6b63\u5f0f\u5c55\u958b\u5230 2018 \u5e74 12 \u6708\u66ab\u6642\u4f11\u6230\uff0c\u5728\u9019\u671f\u9593\uff0c\u53f0\u80a1\u52a0\u6b0a\u6307\u6578\u5f9e 11270 \u9ad8\u9ede\u4e0b\u8dcc\u81f3 9400 \u9ede\uff0c\u8dcc\u5e45\u9054 15.6% \u3002<\/p>\n

\u5927\u6469\uff1a\u770b\u597d\u4e2d\u570b\u672c\u571f\u534a\u5c0e\u9ad4\uff0c\u800c\u975e\u5168\u7403\u534a\u5c0e\u9ad4<\/h3>\n

\u53e6\u4e00\u65b9\u9762\uff0c\u96d6\u7136\u5927\u6469\u5831\u544a\u4e0d\u770b\u597d\u5168\u7403\u534a\u5c0e\u9ad4\u80a1\uff0c\u4f46\u5176\u5206\u6790\u5e2b\u537b\u8868\u793a\uff0c\u4ed6\u5011\u53cd\u800c\u770b\u597d\u4e2d\u570b\u672c\u571f\u7684\u534a\u5c0e\u9ad4\u7522\u696d\uff1a<\/p>\n

\u6211\u5011\u66f4\u770b\u597d\u4e92\u806f\u7db2\u548c\u4e2d\u570b\u672c\u571f\u534a\u5c0e\u9ad4\u80a1\u7968\uff0c\u800c\u4e0d\u662f\u5168\u7403\u534a\u5c0e\u9ad4\u80a1\uff0c<\/p><\/blockquote>\n

\u5831\u544a\u8a8d\u70ba\uff0c\u7531\u65bc\u4e2d\u570b\u534a\u5c0e\u9ad4\u7522\u696d\u5728\u672c\u571f\u5e02\u5834\u7684\u92b7\u552e\u4f54\u6bd4\u8f03\u9ad8\uff0c\u5317\u65b9\u83ef\u5275\u3001\u4e2d\u82af\u570b\u969b\u3001\u83ef\u8679\u534a\u5c0e\u9ad4\u7b49\u4e2d\u570b\u6676\u5713\u4ee3\u5de5\u5ee0\u53ca\u8a2d\u5099\u4f01\u696d\u5c07\u5f9e\u8cbf\u6613\u7dca\u5f35\u5c40\u52e2\u4e2d\u53d7\u76ca\u3002<\/p>\n

\"\"<\/a><\/p>\n

\ud83d\udccd\u76f8\u95dc\u5831\u5c0e\ud83d\udccd<\/h5>\n

\u5ddd\u666e\u7c3d\u884c\u653f\u547d\u4ee4\u63a8\u52d5\u7f8e\u570b\u9996\u500b\u4e3b\u6b0a\u8ca1\u5bcc\u57fa\u91d1\uff0c\u70ba\u6bd4\u7279\u5e63\u5132\u5099\u92ea\u8def\uff1f<\/a><\/strong><\/p>\n

\u7f8e\u570b\u8cbf\u6613\u9006\u5dee\u6709\u591a\u5927\uff1f\u771f\u662f\u7d93\u6fdf\u6bd2\u85e5\uff1f\u5ddd\u666e\u5f15\u7206\u5168\u7403\u95dc\u7a05\u6230\u80cc\u5f8c\u7684\u653f\u6cbb\u7b97\u8a08<\/a><\/strong><\/p>\n

\u5ddd\u666e\u6b21\u5b50\u558a\uff1a\u662f\u6642\u5019\u52a0\u78bc\u4ee5\u592a\u574a\uff0c\u4f46\u88ab\u8e22\u7206 WLFI \u8f49 3 \u5104\u7f8e\u5143\u8cc7\u7522\u9032\u4ea4\u6613\u6240\u300c\u62c9\u9ad8\u51fa\u8ca8\u300d\uff1f<\/a><\/strong><\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\u6469\u6839\u58eb\u4e39\u5229\u5728\u6700\u65b0\u5831\u544a\u4e2d\u8868\u793a\uff0c\u4e9e\u6d32\u79d1\u6280\u80a1\u77ed\u671f\u53ef\u80fd\u6703\u5728\u52a0\u5fb5\u95dc\u7a05\u3001\u8cbf\u6613\u5c40\u52e2\u7dca\u5f35\u3001\u4f30\u503c\u904e\u9ad8\u7b49\u80cc\u666f\u4e0b\uff0c\u906d\u9047 20% \u7684\u4e0b […]<\/p>\n","protected":false},"author":211,"featured_media":397356,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[841,6],"tags":[43,7744,6529,475,191,282,10088,77,24042],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/image.blocktempo.com\/2025\/02\/C36YQJTBFBIK5JYR6MADREX7RI-1140x815-1.jpg","_links":{"self":[{"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/posts\/397331"}],"collection":[{"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/comments?post=397331"}],"version-history":[{"count":6,"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/posts\/397331\/revisions"}],"predecessor-version":[{"id":397371,"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/posts\/397331\/revisions\/397371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/media\/397356"}],"wp:attachment":[{"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/media?parent=397331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/categories?post=397331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blocktempo.com\/wp-json\/wp\/v2\/tags?post=397331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}