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		<title><![CDATA[ MacroMicro ]]></title>
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		<description><![CDATA[ MacroMicro is committed to consolidating global economic data, while deploying technology to efficiently discover the clues to economic cycles. 
We believe that no investment decision should be taken without the consideration of economic fundamentals.
MacroMicro is changing the way people invest by providing sophisticated fundamental analysis as well as empowering investors to have more control over their investment decisions.', ]]></description>
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      <title><![CDATA[Yardeni Research | Debating Warsh]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/yardeni-research-debating-warsh</link>
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      <category><![CDATA[Yardeni Research]]></category>      <dc:creator><![CDATA[Yardeni Research]]></dc:creator>
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      <title><![CDATA[【PDF 下載】超越循環的 AI 新局｜代理 AI、供應鏈升級、大漲價時代]]></title>
      <description><![CDATA[ 獨家報告｜超越循環的 AI 新局！


訂閱會員解鎖報告



當所有供應鏈都在漲價，AI 循環走到哪裡？
2026 年開局，市場看到了：Claude 企業採用率在一年內從個位數暴衝到 30% 、電子供應鏈的全面漲價、美伊戰爭引起的 AI 斷供風險、以及台積電史上首次打破策略追加 N3 產能。市場的敘事在今年，仍以 AI 為主軸、持續發酵。
為此，財經M平方研究團隊整合 100+ 筆獨家數據，推出這份 20 頁的獨家報告，一次帶你看懂 AI 生產力循環走到哪一階段、下一波投資機會藏在哪條供應鏈，也歡迎至最下方訂閱解鎖報告。


這份報告中，我們從 GTC 大會、企業法說、供應鏈財報出發，拆解 AI 生產力循環的最新進展，並從四個層面進行分析：Agentic AI 崛起、供應鏈結構升級、地緣風險拆解，以及台積電追加產能的長期意涵。



首先，在 Agentic AI 上，Claude 滲透率自 2025 年起急速攀升，是各模型中成長最強勁的，印證 AI Agent 的落地正在加速——而這也正帶動半導體銷售迎來第二波上升週期。


其次，供應鏈漲價絕非單純景氣循環，而是兩條路徑共同促成的結構升級：直接受惠與間接受惠。從記憶體到 ABF 、散熱，漲價幅度遠超市場預期，背後邏輯我們在報告中完整拆解。


第三，在 美伊衝突與 AI 斷供風險上，我們透過 BOM 表拆解手機、筆電、 AI 伺服器成本結構，發現市場擔憂的斷供危機可能是誤判——真正需要留意的風險點另有其處。


最後，在台積電層面，2026Q1 財報遠優於預期，AI 加速器晶片長期 CAGR 再度上修，並首次打破歷史策略追加 N3 產能。這是 AI Megatrend 正式成立的訊號。


AI 生產力循環正在加速前進，並影響你我的關鍵投資決策
當市場不再爭論 AI 是不是泡沫，而是開始討論「這一輪 AI 循環走到哪？」、「哪些供應鏈從配角變成剛需」、？「庫存還能撐多久？」，這才是我們真正該關注的訊號。


本次報告限訂閱會員解鎖完整報告，希望將最完整的 AI 供應鏈分析交到你手上，讓我們陪你一起，在 AI 結構升級的浪潮中，找回你的決策掌控權！


訂閱會員解鎖報告





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      <link>https://en.macromicro.me/blog/pdf-download-the-new-era-of-ai-beyond-cycles-agent-ai-supply-chain-upgrades-and-the-era-of-soaring-prices</link>
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      <title><![CDATA[WEFC | Strait Up Confusion [PDF Download]]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/wefc-strait-up-confusion</link>
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      <title><![CDATA[TSMC Q1 2026: Record Results and Rare Capacity Expansion as the AI Megatrend Takes Shape]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/tsmc-q1-earnings-call-rare-capacity-expansion-as-the-ai-megatrend-takes-shape</link>
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      <title><![CDATA[The New US-China Tech Cold War: Who Wins the AI Race?]]></title>
      <description><![CDATA[  ]]></description>
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      <title><![CDATA[Yardeni Research | Record Profits on Record Margins]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/yardeni-research-record-profits-on-record-margins</link>
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    <item>
      <title><![CDATA[WEFC | Just A Peace of Paper]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/wefc-just-a-peace-of-paper</link>
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      <title><![CDATA[Is Inflation Spiraling? Oil, Tariffs &amp; AI in the New Pricing Cycle]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/us-inflation-outlook-a-comprehensive-breakdown-of-the-new-pricing-cycle</link>
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      <title><![CDATA[WEFC | Day of Reckoning, or Unsettling? [PDF Download]]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/wefc-day-of-reckoning-or-unsettling</link>
      <guid isPermaLink="false">post-1414</guid>
      <category><![CDATA[Weekly Commentary]]></category><category><![CDATA[US Iran War]]></category>      <dc:creator><![CDATA[MacroMicro]]></dc:creator>
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    </item>

    <item>
      <title><![CDATA[Yardeni Research | Bond Vigilantes Are Mobilizing Globally]]></title>
      <description><![CDATA[  加入 MM 訂閱會員 看全文 !! ]]></description>
      <link>https://en.macromicro.me/blog/yardeni-research-bond-vigilantes-are-mobilizing-globally</link>
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      <category><![CDATA[Yardeni Research]]></category>      <dc:creator><![CDATA[Yardeni Research]]></dc:creator>
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