<p style=”color:rgb(0, 0, 0);font-family:Times New Roman;font-size:medium;font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;”> <span style=”text-align:justify”><span style=”font-size:18px”><span style=”font-family:pingfang sc,hiragino sans gb,microsoft yahei,wenquanyi micro hei,helvetica neue,arial,sans-serif”><span style=”color:#222222″><span style=”background-color:#ffffff”>美國晶片產業為何難以複製台積電奇蹟</span></span></span></span></span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>2021年，台積電創辦人張忠謀公開質疑美國半導體計畫：供應鏈不完整、成本高達台灣的1。5倍，「昂貴、浪費、又白忙一場」。這句話當時引來爭議，如今卻成為事實。這背後，其實是美國政府試圖用大量補貼和政策支持，強行「移植」台積電的模式，但現實很快就讓所有人清醒。</span></p>
<div style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:18px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><img alt=”" data-src=”https://p3-sign.toutiaoimg.com/tos-cn-i-axegupay5k/f5997db05da74b988614ed31ce866ac5~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=7Y6h45P6wJbRPjD%2BHxmCzzUPlyY%3D” image_type=”1″ img_height=”710″ img_width=”1280″ mime_type=”image/jpeg” src=”https://p3-sign.toutiaoimg.com/tos-cn-i-axegupay5k/f5997db05da74b988614ed31ce866ac5~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=7Y6h45P6wJbRPjD%2BHxmCzzUPlyY%3D” style=”cursor:zoom-in;box-sizing:border-box;border:0px;margin:0px auto 8px;padding:0px;max-width:100%;display:block;border-radius:4px;height:auto;” title=”" web_uri=”tos-cn-i-6w9my0ksvp/ec87712c306a48a99a6f72226c7fa92f” />
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<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>錢砸下去了，藍圖很快變成危機</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>為了吸引台積電在美國落地先進製程工廠，美國拿出66億美元直接補助，再加50億美元低利率貸款，還施加出口限制與技術管控。不少政策宣稱，這些激勵能讓本土晶片產業告別“不安全感”，重回全球高端製造舞台。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>一開始，亞利桑那州新廠計畫很美好：2024年投產4奈米工藝，隨後升級3納米。僅僅一年，形勢便急轉直下。 4奈米延期到2025年，更先進的3奈米要等到2028年，投資金額也從最初的120億美元激增到400億美元。這個工廠，變成一個巨大的資本黑洞。</span></p>
<div style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:18px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><img alt=”" data-src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/83052e08d0c24cc8923a2baa698d03f5~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=cmJg69nIZDMktDPezm4RLl%2BIEOQ%3D” image_type=”1″ img_height=”728″ img_width=”1280″ mime_type=”image/jpeg” src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/83052e08d0c24cc8923a2baa698d03f5~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=cmJg69nIZDMktDPezm4RLl%2BIEOQ%3D” style=”cursor:zoom-in;box-sizing:border-box;border:0px;margin:0px auto 8px;padding:0px;max-width:100%;display:block;border-radius:4px;height:auto;” title=”" web_uri=”tos-cn-i-6w9my0ksvp/83052e08d0c24cc8923a2baa698d03f5″ />
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<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>人力危機成最大障礙，光刻機也閒置</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>錢只是第一步。生產先進晶片的另一個核心門檻是專業人才。引進設備不難，例如荷蘭ASML的EUV光刻機，製造環節全靠工程師操作。但台積電很快發現，美國技術人才短缺比想像嚴重。 EUV設備在倉庫裡堆了幾個月，無人能開工；與台灣工廠那種晝夜輪班、精準分工的運作節奏相比，美國產線拖沓、效率低下。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>為救急，台積電從台灣緊急調派500位資深工程師來美，結果引發亞利桑那州工會抗議。工會強調「本地就業優先」；甚至要求國會吊銷這些工程師簽證。事情最後演變成輿論風暴──勞工權益與科技投資如何平衡？美國本土根本無法接納台積電原本高效的生產文化。</span></p>
<div style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:18px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><img alt=”" data-src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/b58954d4f3a1434a87c383d14d79705b~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=fYHlJtFPc%2BKAdJjY12hDb%2Fn2TtQ%3D” image_type=”1″ img_height=”776″ img_width=”1280″ mime_type=”image/jpeg” src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/b58954d4f3a1434a87c383d14d79705b~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=fYHlJtFPc%2BKAdJjY12hDb%2Fn2TtQ%3D” style=”cursor:zoom-in;box-sizing:border-box;border:0px;margin:0px auto 8px;padding:0px;max-width:100%;display:block;border-radius:4px;height:auto;” title=”" web_uri=”tos-cn-i-6w9my0ksvp/b58954d4f3a1434a87c383d14d79705b” />
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<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>工廠管理方式與文化水土不服</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>台積電在台灣之所以能做到極高良率和產業速度，靠的是嚴格紀律和24小時輪班。這種制度在美國根本行不通。一方面，美國員工更強調工作與生活平衡，不願長期加班或夜班；另一方面，美國對勞工保護也更嚴苛，工廠根本無法「不間斷」全速運轉。這是典型的管理理念碰撞，也是跨國企業全球化遇到的「水土不服」。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>紐約時報曾評論：「在台灣跑得飛快的製度，在亞利桑那可能連門都進不了。」工廠既成了政府形象工程，也成了技術管理難題。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>資金支持背後暗藏利益交換</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>那麼，這一路鋪墊能否緩解問題呢？其實，美國政府的補貼遠遠不是無條件送禮。合約裡暗藏諸多「交易細節」：例如五年內不得大規模回購台積電股票；如果產生超額利潤，要和美國政府分賬；某些情況下甚至必須分享部分專利——這些條款遠不止是支持，更像管控。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>台灣業界普遍警惕，美國此舉核心目的並非只要生產線，還希望直接掌控公司帳目和工業話語權。隨著2024年美國政治環境動盪，政策變數更大。台積電不得不在年底前提前拿到10億美元補貼，以防資金承諾突然取消。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>台灣媒體稱之為「飲鴯止渴」——短期看似獲得生存，但長期可能失去技術自主權，對台積電這樣的全球龍頭來說，這條路並不好走。</span></p>
<div style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:18px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><img alt=”" data-src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/c5eb23bb711b4b968b9bb04f35facf8c~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=UDjZJ2BbQSMJKJAGdo%2BL7cCRbsc%3D” image_type=”1″ img_height=”776″ img_width=”1280″ mime_type=”image/jpeg” src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/c5eb23bb711b4b968b9bb04f35facf8c~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=UDjZJ2BbQSMJKJAGdo%2BL7cCRbsc%3D” style=”cursor:zoom-in;box-sizing:border-box;border:0px;margin:0px auto 8px;padding:0px;max-width:100%;display:block;border-radius:4px;height:auto;” title=”" web_uri=”tos-cn-i-6w9my0ksvp/c5eb23bb711b4b968b9bb04f35facf8c” />
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<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>張忠謀的佈局不是簡單“全球化”</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>面對種種挑戰，張忠謀的策略逐漸浮現：他一直堅持最核心研發留在台灣。近幾年，台積電宣布新竹投資1000億美元建造3納米超級工廠；兩納米製程美國量產要到2030年，這些關鍵技術，都牢牢控制在台灣島內。這既避免美國立刻掌握頂尖工藝，也保持了台積電將來向全球供貨的主動權。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>《華爾街日報》認為，「張忠謀是在下50年棋」。他深知半導體產業不是靠規模吃天下，而是靠科技持續領先。如果輕易外流核心技術，即使拿到再多政府補貼，也無法保障長遠競爭力。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>對台灣經濟而言，台積電已經不僅是“企業”，而是國家安全角色——“護國神山”正是源於這種產業高度集聚和自主掌控。</span></p>
<div style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:18px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><img alt=”" data-src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/33715444aedf4c57bc28bb1401c17512~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=pgrK87TDFWcyrRHk%2Bc0Loyw%2FqqQ%3D” image_type=”1″ img_height=”654″ img_width=”1280″ mime_type=”image/jpeg” src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/33715444aedf4c57bc28bb1401c17512~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=pgrK87TDFWcyrRHk%2Bc0Loyw%2FqqQ%3D” style=”cursor:zoom-in;box-sizing:border-box;border:0px;margin:0px auto 8px;padding:0px;max-width:100%;display:block;border-radius:4px;height:auto;” title=”" web_uri=”tos-cn-i-6w9my0ksvp/33715444aedf4c57bc28bb1401c17512″ />
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<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>留在台灣是科技安全，走向美國是政治安全</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>這其實形成了一個悖論。台積電留在台灣，能夠把研發、生產環節完全掌控在手，美方難以直接幹預；但全球地緣局勢瞬息萬變，美國又一再施壓要求先進產能遷移。對應來看，留在本島，是技術風險最低，但國際政治不確定度最高。反之，如果遷往美墨等地，可以換來政治庇護，卻失去部分自主性；尤其相關人員和管理機制一旦被外部幹預，很難保證企業DNA原汁原味。</span><a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>日本藤素</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>美國黑金</span></span></span></span></a><a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>威而鋼</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>印度威而鋼</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>速效犀利士</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>犀利士</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>印度犀利士</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>雙效犀利士</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>印度壯陽藥</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>速效壯陽藥</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>台灣強硬藥局</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>強硬藥局官網</span></span></span></span></a> <a href=”https://xostrong.com/shop” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>強硬藥局訂購商城</span></span></span></span></a> <a href=”https://xostrong.com/jingxuan” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>強硬藥局精選品牌</span></span></span></span></a> <a href=”https://xostrong.com/blog” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>強硬藥局資訊</span></span></span></span></a> <a href=”https://xostrong.com/contact” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”><span style=”font-family:宋体”>強硬藥局</span><span style=”font-family:calibri”>LINE</span><span style=”font-family:宋体”>社群</span></span></span></span></span></a> <a href=”https://xostrong.com/product-category/2″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>外用增強型壯陽藥</span></span></span></span></a> <a href=”https://xostrong.com/product-category/3″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>延時控制型壯陽藥</span></span></span></span></a> <a href=”https://xostrong.com/product-category/4″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>日常保健品</span></span></span></span></a> <a href=”https://xostrong.com/product-category/5″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>長效持久型壯陽藥</span></span></span></span></a> <a href=”https://xostrong.com/product-category/6″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>強硬藥局買一送一</span></span></span></span></a> <a href=”https://xostrong.com/product-category/7″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>強硬藥局第二件半價</span></span></span></span></a> <a href=”https://xostrong.com/product-category/1″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>速效型助勃壯陽藥</span></span></span></span></a> <a href=”https://xostrong.com/product/k2″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”><span style=”font-family:宋体”>印度原裝進口壯陽</span></span></span></span></span><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”><span style=”font-family:宋体”>藥</span></span></span></span></span><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”><span style=”font-family:宋体”>哪裡買</span></span></span></span></span></a> <a href=”https://xostrong.com/product/super-zodeo” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>無副作用植物壯陽補品</span></span></span></span></a> <a href=”https://xostrong.com/product/hongbaoshi” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>增強性能力天然草本配方</span></span></span></span></a> <a href=”https://xostrong.com/product/hongbaoshi” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>改善早洩的口服產品</span></span></span></span></a> <a href=”https://xostrong.com/product/shuiguo” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>男性持久力不足怎麼辦</span></span></span></span></a> <a href=”https://xostrong.com/product/krrista-2″ style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>長期調理男性功能保健食品</span></span></span></span></a> <a href=”https://xostrong.com/product/cavalo-power” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>壯陽產品有用嗎</span></span></span></span></a> <a href=”https://xostrong.com/product/vidofil-super-power” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>持久不洩男用膠囊推薦品牌</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>壯陽補腎每日保健調理選擇</span></span></span></span></a> <a href=”https://xostrong.com/” style=”text-align:left;”><span><span style=”font-size:12pt”><span style=”color:#ff0000″><span style=”font-family:宋体”>中年男性補腎壯陽保健</span></span></span></span></a></p>
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<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>短期看，美方拉攏台積電固然提升了本土晶片產能，但一輪風暴過後，對於全球半導體產業鏈而言，「技術命脈」依然握在台灣。台積電也明白，無論哪個政府上台，核心資產不能撒手，否則連補貼也會淪為「毒藥」。</span></p>
<div style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:18px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><img alt=”" data-src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/a5f593ff4a6a4d1e9a802dab1b5c3689~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=q5O86gXCqviJtLtKpX0CC%2BiPoTo%3D” image_type=”1″ img_height=”974″ img_width=”1280″ mime_type=”image/jpeg” src=”https://p3-sign.toutiaoimg.com/tos-cn-i-6w9my0ksvp/a5f593ff4a6a4d1e9a802dab1b5c3689~tplv-tt-origin-web:gif.jpeg?_iz=58558&from=article.pc_detail&lk3s=953192f4&x-expires=1757039706&x-signature=q5O86gXCqviJtLtKpX0CC%2BiPoTo%3D” style=”cursor:zoom-in;box-sizing:border-box;border:0px;margin:0px auto 8px;padding:0px;max-width:100%;display:block;border-radius:4px;height:auto;” title=”" web_uri=”tos-cn-i-6w9my0ksvp/a5f593ff4a6a4d1e9a802dab1b5c3689″ />
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<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>結論：半導體版圖正在重塑，但根基未變</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>亞利桑那計畫的難題不是偶然，無論是帳面投入、管理文化或地緣考量，都顯示先進半導體產業全球化談何容易。美國想要主導晶片供應，卻發現砸錢、立法、甚至引入外部人才都不足以一夜之間改變格局。台積電依然把最高端產品控制在家門口，不輕易掀開底牌。這場角力背後，是國家安全、企業策略、社會文化交織與博弈。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin:20px 0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>未來數年，晶片產業可能仍會看到「美國搶產能、台灣保研發」的拉鋸。誰能最後掌控話語權，要看技術創新是否持續領先，更要看企業如何利用政策與市場博弈生存。</span></p>
<p style=”font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:400;letter-spacing:normal;orphans:2;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;box-sizing:border-box;margin-top:20px;margin-right:0px;margin-left:0px;padding:0px;border:0px;color:rgb(34, 34, 34);font-family:PingFang SC, Hiragino Sans GB, Microsoft YaHei, WenQuanYi Micro Hei, Helvetica Neue, Arial, sans-serif;font-size:18px;text-align:justify;margin-bottom:0px !important;”><span dir=”auto” style=”box-sizing:border-box; vertical-align:inherit”>如果張忠謀說得對，美國建廠計畫不僅考驗商業頭腦，更是一場耐力較量。賽道遠遠沒有結束，但輸贏其實已經隱藏在每一次技術升級裡了。</span></p>
