{"id":10308812,"date":"2026-06-25T02:10:31","date_gmt":"2026-06-24T18:10:31","guid":{"rendered":"https:\/\/twkeypoint.com\/?p=10308812"},"modified":"2026-06-25T02:10:31","modified_gmt":"2026-06-24T18:10:31","slug":"%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%99%bd%e6%af%9b%e8%82%a1%e7%a5%9e%e6%8c%ba%e5%8f%b0%e8%82%a1%ef%bc%81%e9%96%8b%e5%9c%b0%e5%9c%96%e7%a0%b2%e6%89%b9%e3%80%8c%e9%80%99","status":"publish","type":"post","link":"https:\/\/twkeypoint.com\/index.php\/2026\/06\/25\/%e5%8f%b0%e7%81%a3%e6%96%b0%e8%81%9e%e9%80%9a%e8%a8%8a%e7%a4%be-%e7%99%bd%e6%af%9b%e8%82%a1%e7%a5%9e%e6%8c%ba%e5%8f%b0%e8%82%a1%ef%bc%81%e9%96%8b%e5%9c%b0%e5%9c%96%e7%a0%b2%e6%89%b9%e3%80%8c%e9%80%99\/","title":{"rendered":"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u767d\u6bdb\u80a1\u795e\u633a\u53f0\u80a1\uff01\u958b\u5730\u5716\u7832\u6279\u300c\u9019\u4e8b\u300d"},"content":{"rendered":"\n
\n\n
\n\n

\n<\/p>\n\n\n

\n<\/p>\n\n\n

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

\n<\/p>\n\n\n

\n<\/p>\n\n\n

\n\u53d7\u5230\u5168\u7403AI\u80a1\u62cb\u552e\u58d3\u529b\u5f71\u97ff\uff0c\u53f0\u80a1\u9023\u5169\u65e5\u4e0b\u632b\uff0c24\u65e5\u66f4\u5275\u4e0b\u53f2\u4e0a\u7b2c\u516b\u5927\u8dcc\u9ede\uff01\u4f46\u8fd1\u4f86\u706b\u7d05\u5168\u7db2\u7684\u300c\u767d\u6bdb\u80a1\u795e\u300dSerenity\uff0c\u4f9d\u7136\u9078\u64c7\u529b\u633a\u53f0\u80a1\u5230\u5e95\u3002\u4ed6\u75db\u6279\u7279\u5b9a\u5a92\u9ad4\u626d\u66f2\u4e8b\u5be6\uff0c\u5c07\u53f0\u7063\u80a1\u5e02\u6263\u4e0a\u300c\u6ce1\u6cab\u300d\u7684\u5e3d\u5b50\u3002<\/p>\n\n\n

\nSerenity\u65bc23\u65e5\u665a\u9593\u5728X\u5e73\u53f0\u767c\u6587\uff0c\u6279\u8a55\u7f8e\u570b\u5a92\u9ad4\u5f6d\u535a\u793e\u7167\u642c\u7f8e\u570b\u9280\u884c3\u6708\u653b\u64ca\u97d3\u80a1\u7684\u505a\u6cd5\uff0c\u5be6\u5728\u662f\u300c\u611a\u4e0d\u53ef\u53ca\u300d\u3002\u4ed6\u8cea\u7591\u5f6d\u535a\u793e\u523b\u610f\u5c07\u53f0\u7a4d\u96fb\uff082330\uff09\u9ad8\u905423.6\u500d\u7684\u524d\u77bb\u672c\u76ca\u6bd4\uff0c\u4ee5\u53ca\u8f1d\u9054\uff08Nvidia\uff09\u4e0a\u6e38\u7684\u4f9b\u61c9\u93c8\u5168\u90fd\u6253\u6210\u300c\u6ce1\u6cab\u300d\uff0c\u540c\u6642\u6545\u610f\u5c07\u8cb7\u80a1\u7684\u300c\u878d\u8cc7\u300d\uff08\uff4dargin\uff09\u7a31\u547c\u70ba\u300c\u50b5\u52d9\u300d\uff08debt\uff09\uff0c\u4e26\u628a\u53f0\u7063\u7576\u524d\u5e02\u5834\u82072000\u5e74\u7684\u7db2\u8def\u6ce1\u6cab\u52a0\u4ee5\u6bd4\u8f03\u3002<\/p>\n\n\n

\nSerenity\u76f4\u547c\u5f6d\u535a\u9019\u7bc7\u95dc\u65bc\u53f0\u7063\u760b\u6f6e\u80a1\u7684\u5831\u5c0e\u70ba\u300c\u80e1\u626f\u300d\uff08crap\uff09\uff0c\u7a31\u5c31\u662f\u56e0\u70ba\u9019\u985e\u6587\u7ae0\u7684\u5b58\u5728\uff0c\u904e\u53bb\u5e7e\u5e74\u6563\u6236\u5c0d\u5a92\u9ad4\u7684\u4fe1\u4efb\u624d\u6703\u8dcc\u843d\u8c37\u5e95\u3002<\/p>\n\n\n

\nSerenity\u6240\u6279\u8a55\u7684\u5f6d\u535a\u5831\u5c0e\u662f\u572823\u65e5\u88ab\u520a\u51fa\uff0c\u6587\u4e2d\u95dc\u6ce8\u53f0\u7063\u5e74\u8f15\u6563\u6236\u501f\u9322\u7092\u80a1\u7684\u73fe\u8c61\uff0c\u4e26\u9ede\u51fa\u878d\u8cc7\u50b5\u52d9\u72c2\u98c6\u3001\u9055\u7d04\u4ea4\u5272\u91d1\u984d\u5275\u65b0\u9ad8\u7b49\u6f5b\u5728\u6ce1\u6cab\u8de1\u8c61\u3002\u5831\u5c0e\u63f4\u5f15\u5c08\u5bb6\u8aaa\u6cd5\u8b66\u544a\u53f0\u7063\u80a1\u5e02\u904e\u71b1\uff0c\u4e00\u65e6\u906d\u9047\u7a81\u5982\u5176\u4f86\u7684\u8ce3\u58d3\uff0c\u6563\u6236\u6050\u5c07\u9762\u81e8\u300c\u6bc0\u6ec5\u6027\u640d\u5931\u300d\u3002<\/p>\n\n\n

\nNothing is more stupid than Bloomberg copying BofA playbook with KOSPI back in March.And framing Taiwan\u2019s $TSM ~23.6x forward p\/e and $NVDA upstream supply chain as a \u201cbubble\u201d.Then using the words going into \u201cdebt\u201d instead of \u201cmargin\u201d + comparing Taiwan\u2019s market to the .com\u2026 pic.twitter.com\/DPXpK4zhzq\u2014 Serenity (@aleabitoreddit) June 23, 2026<\/p>\n\n\n

\n\u4e09\u7acb\u65b0\u805e\u7db2\u63d0\u9192\u60a8\uff1a<\/p>\n\n\n

\n\u5167\u5bb9\u50c5\u4f9b\u53c3\u8003\uff0c\u6295\u8cc7\u4eba\u65bc\u6c7a\u7b56\u6642\u61c9\u5be9\u614e\u8a55\u4f30\u98a8\u96aa\uff0c\u4e26\u5c31\u6295\u8cc7\u7d50\u679c\u81ea\u884c\u8ca0\u8cac\u3002\u6295\u8cc7\u4e00\u5b9a\u6709\u98a8\u96aa\uff0c\u57fa\u91d1\u6295\u8cc7\u6709\u8cfa\u6709\u8ce0\uff0c\u7533\u8cfc\u524d\u61c9\u8a73\u95b1\u516c\u958b\u8aaa\u660e\u66f8\u3002<\/p>\n\n\n

\n<\/p>\n\n\n

\n2026\/06\/25 02:10<\/p>\n\n\n

\n\u8f49\u8f09\u81ea\u4e09\u7acb\u65b0\u805e\u7db2: https:\/\/www.setn.com\/\/News.aspx?NewsID=1861578&utm_campaign=viewallnews<\/p>\n\n<\/div>\n\n\n

\n
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>

\u6700\u65b0\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-12\u4eba\u78ba\u8a3a\u30013\u4eba\u6b7b\u4ea1\uff01\u6f22\u4ed6\u75c5\u6bd2\u75ab\u60c5\u82e5\u7121\u65b0\u589e\u75c5\u4f8b\u3000\u4e16\u885b\uff1a\u6709\u671b7\/2\u5ba3\u544a\u7d50\u675f<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u4e16\u8db3\u8cfd\uff0f\u7f8e\u570b\u968a\u9577\u666e\u91cc\u5e0c\u8d6b\u5ba3\u544a\u5fa9\u51fa\u3000\u5766\u8a00\u96e3\u8e22\u6eff90\u5206\u9418\uff01\u968a\u53cb\u8f2a\u4f11\u4fdd\u6230<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8eab\u5bb6\u7e2e\u6c34\uff01SpaceX\u8ce3\u58d3\u6e67\u73fe\u3000\u99ac\u65af\u514b\u8dcc\u843d\u300c\u5168\u7403\u9996\u4f4d\u5146\u5143\u5bcc\u8c6a\u300d\u5bf6\u5ea7<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u6563\u6236\u7206\u501f\u9322\u7092\u80a1\uff01\u5979\u501f500\u842c\u525b\u767b\u5916\u5a92\u5927\u76e4\u72c2\u5d29 \u7db2\u671d\u8056\u80a1\u5e02\u7384\u5b78<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u7fa8\u715e\u773e\u4eba\uff01\u795e\u5c71\u526f\u7e3d\u8d08\u82075\u767e\u5f35\u6301\u80a1\u7d66\u4ed6 \u5e02\u503c12\u5104\u8d85\u5927\u624b\u7b46<\/a><\/h3><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>\n\n
\n<\/div>\n\n
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>

\u672c\u9031\u71b1\u9580\u6587\u7ae0<\/span><\/h2><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-12\u4eba\u78ba\u8a3a\u30013\u4eba\u6b7b\u4ea1\uff01\u6f22\u4ed6\u75c5\u6bd2\u75ab\u60c5\u82e5\u7121\u65b0\u589e\u75c5\u4f8b\u3000\u4e16\u885b\uff1a\u6709\u671b7\/2\u5ba3\u544a\u7d50\u675f<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u4e16\u8db3\u8cfd\uff0f\u7f8e\u570b\u968a\u9577\u666e\u91cc\u5e0c\u8d6b\u5ba3\u544a\u5fa9\u51fa\u3000\u5766\u8a00\u96e3\u8e22\u6eff90\u5206\u9418\uff01\u968a\u53cb\u8f2a\u4f11\u4fdd\u6230<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u8eab\u5bb6\u7e2e\u6c34\uff01SpaceX\u8ce3\u58d3\u6e67\u73fe\u3000\u99ac\u65af\u514b\u8dcc\u843d\u300c\u5168\u7403\u9996\u4f4d\u5146\u5143\u5bcc\u8c6a\u300d\u5bf6\u5ea7<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u6563\u6236\u7206\u501f\u9322\u7092\u80a1\uff01\u5979\u501f500\u842c\u525b\u767b\u5916\u5a92\u5927\u76e4\u72c2\u5d29 \u7db2\u671d\u8056\u80a1\u5e02\u7384\u5b78<\/a><\/h3><\/div><\/div><\/div>

\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u7fa8\u715e\u773e\u4eba\uff01\u795e\u5c71\u526f\u7e3d\u8d08\u82075\u767e\u5f35\u6301\u80a1\u7d66\u4ed6 \u5e02\u503c12\u5104\u8d85\u5927\u624b\u7b46<\/a><\/h3><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>\n\n
\n\n
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>

Post gallery<\/span><\/h2><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u7af9\u5e02\u6c34\u6ce5\u8eca\u300c\u5f4e\u4e0d\u904e\u53bb\u7ffb\u8986\u7247\u300d\u66dd\uff01\u9a0e\u58eb\u68c4\u8eca\u62d4\u817f\u9003\u547d\u8d85\u9a5a\u96aa\"<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u6c88\u4f2f\u6d0b\u4e3b\u5f35\u300c\u4f11\u606f\u5c0d\u9f4a\u300d\u53c8\u8aaa\u300c\u5de5\u6642\u932f\u958b\u300d<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"dummy-img\"<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u592b\u59bb\u96d9\u4ea1\u51f6\u5b85\u51fa\u79df<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u9678\u65c5\u904a\u696d\u8005\u4f86\u53f0\u8003\u5bdf\u88ab\u99c1\u3000\u9678\u59d4\u6703\uff1a\u7531\u5c0f\u5169\u6703\u6e9d\u901a\"<\/a><\/div>
<\/div><\/div><\/div><\/div>
\"dummy-img\"<\/a><\/div>
<\/div><\/div><\/div><\/div><\/div><\/div>
<\/div><\/div>\n<\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u53d7\u5230\u5168\u7403AI\u80a1\u62cb\u552e\u58d3\u529b\u5f71\u97ff\uff0c\u53f0 … Continue Reading\u53f0\u7063\u65b0\u805e\u901a\u8a0a\u793e-\u767d\u6bdb\u80a1\u795e\u633a\u53f0\u80a1\uff01\u958b\u5730\u5716\u7832\u6279\u300c\u9019\u4e8b\u300d<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":10308811,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[15],"tags":[47],"acf":[],"aioseo_notices":[],"featured_image":{"url":"https:\/\/twkeypoint.com\/wp-content\/uploads\/2026\/06\/setn_figure-2485.jpg"},"_links":{"self":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10308812"}],"collection":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/comments?post=10308812"}],"version-history":[{"count":1,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10308812\/revisions"}],"predecessor-version":[{"id":10308813,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/posts\/10308812\/revisions\/10308813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media\/10308811"}],"wp:attachment":[{"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/media?parent=10308812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/categories?post=10308812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/twkeypoint.com\/index.php\/wp-json\/wp\/v2\/tags?post=10308812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}