臺積電(TSM.N) 第三季度毛利率爲66.4%，同比上升6.9個百分點。

The 2026 Quant Industry High-Quality Development Conference, themed “Intelligence drives the frontier, data enables finance”, was held Oct 15 at Xuhui West Bund in Shanghai. More than 300 attendees from leading domestic quant firms and technology companies focused on AI applications in finance, frontier large models and GPU compute upgrades, and discussed leveraging finance+technology to support development of new productive forces.

Michael Roberts, head of corporate and institutional banking at HSBC, said banks and investors are becoming more selective and demanding higher returns as large-scale AI infrastructure buildouts proceed. He noted “considerable cautious scepticism” in the market. A sharp sell-off in chipmakers has weighed on global equities and started to reverse prior AI-sector gains. Rising interest rates and multi-decade highs in global bond yields are pushing up capital costs for AI infrastructure. PwC estimates related investment in Asia alone could reach $8.2 trillion by 2050. Roberts said lenders will increasingly require appropriate financing structures and clearer return expectations, and that the large scale of these deals makes them harder to complete.