{
  "text": "這兩天大家熱意的新聞是臺積電有沒有可能被英特爾威脅?因為英特爾的封測EMIB的良率來到90%。可以說這個數字震撼業績。所以問一下吳總,它的EMIB真的很厲害嗎?\n第一個EMIB,如果從技術的角度來講,它是比COVAS厲害。\n技術的角度比COVAS厲害?\n對 因為COVAS是主要\n其實COVAS也是在AI的時代\n出來的一個封裝\n它是一個很大的一個封裝\n所以它有一個非常大面積的中介層\n它很大面積的\n就是它底下的大面積的\nsilicon base在那裡\n要細穿孔 那很大\n然後放了GPU\n旁邊再放HBM的DRAM這樣\n這麼多的\n那這個部分呢\n這個封裝其實進入門檻很高\n因為臺積電\nCOAS的進入門檻很高\nCOAS進入很高\n那只有臺積電可以做\n臺積電也是花了很多時間\n當然COAS的良率是都非常好\n為什麼呢\n這個封裝坦白講\n封裝的良率最主要在哪裡\n那個GPU很貴\n萬一封裝壞了以後\n那個成本是高得不得了\n所以Intel的EMIV\n封裝的良率是90%\n但是90%還不夠好\n但是它成本只有COAS一半\n對 成本50%而已\n那這樣我們簡單的來講\n這個EMIB的技術是\n它等於是小晶片的一個互聯\n那它透過一些矽巧\n矽巧\n矽巧 Silicon Bridge\n就是矽巧\nSilicon Bridge它是怎麼樣呢\n它跟COAS不一樣\nCOAS是整片的一個\n就是等於那個silicon base在底下\n它是在窄板上面\n這個EMIP在窄板上\n挖出一些小小的一個洞\n那這些挖出來以後\n再把那個矽橋\n就是silicon bridge放進去\n那它的困難在哪裡\n因為放進去以後\n然後它當然可以在晶片連線\n那個連線的話就是\n晶片之間它的那個路徑是非常短了\n而且非常有效力\n也不會花那麼多熱\n但是問題是在\n你要把它埋進去\n什麼埋進去\n是細橋埋進去\n細橋在那個窄板上面要挖洞\n然後埋進去\n這個困難度很高\n那細橋的概念我想問\n是不是就是晶片和晶片之間的一個連線的道路\n對 沒有錯\n然後要把那個道路埋進去很難嗎\n對 要埋進去非常難\n因為那個線路很多\n那你要埋進去之間\n然後另外還有一個問題\n就是說那個載板\n跟那個細橋之間\n會有一些膨脹係數的不一樣\n那個也是有問題\n目前它的量力最大的問題\n就是在載板裡面\n把那個就是把細橋放進去\n它的量力現在大概50%而已\n那EMIB的這些載板的\n主要的供應商\n所以因為它的基板燃綠就50%\n所以影響到它整個\nE-M&IBT的封裝的燃綠\n只能到90%\n所以基板是關鍵\n對 這個是關鍵\n所以它基板裡\n就是像Intel以前主要摘板\n像日本的EV-Den\n臺灣的新興電子\n這個都是它主要的供應商\n好 那剛剛有談到矽橋\n矽橋是誰供應的呢\n在Intel的矽橋這個部分\n是由聯電做的\n我們來看一下連電的股價\n2303的連電\n連電股價在今天是上漲0.42%\n其實這一波它有漲過一波了\n我們來看日K線\n它是從低檔來到半年線之後\n往上進行反彈\n在這個地方震盪整理\n不過有另外一檔跟英特爾的\n封裝息息相關的利基電在今天打漲\n我們來看一下利基電\n在今天是亮燈漲停滿\n據說它是獨家供應英特爾EIBT\n所謂的細電容這個部分\n所以因為它獨家供應細電容\n所以骨架供到了掌聽\n我來問細電容在整個封莊裡頭\n又扮演什麼角色\n它細電容是這樣\n因為我們電容\n現在當然像什麼國具和生堂\n他們做的是MLCC\nMLCC\n就是陶瓷基層電容\n那這個細電容是直接在半導體制程\n做出來的\n它直接就是可以跟IC之間\n封裝在一起\n所以EMIB\n就是說你EMIB的話\n跟封裝做在一起\n細電容那個效率就會\n等於整個電路的效率會非常的高\n那也不是隻有利基電\n像供給細電容的公司是非常多\n但是據說Intel是由利基電獨家供應\n對 主要它綁住了這個部分\n那我們要講EMIB\n現在大家有一個比較\n對臺積電比較大的威脅\n是聯發科剛開完\n聯發科下單給Intel\n對 蔡立行她就公告了\n因為聯發科替Google做TPU-9\n那TPU-9它採用的封裝\n它會採用EMIV-T\n那EMIV呢\nEMIV-T也拿到蠻多大單子\nGoogle的單子\n對對\n然後包括聯發科的單子\n甚至外面一直傳\n揮大的單子要給他\n部分的單子要給他\n對 他現在是這樣\n主要是蔡立行從他的口中透露出\n他們已經研究\n就是事實上在開發\n這個EMIV的封裝很久\n然後他覺得解決了很多問題\n他確認2028年\n可以用EMIV來封裝谷歌的TPU\n好 那回到股價\n我們來看Intel和臺積電的股價\n來創新\n從股價的角度來看\n你怎麼做觀察\n對 我講其實現在就變成說\n外資跟內資的基調完全不一樣\n我們先來看我們最喜歡的臺積電\n臺積電下面放外資\n其實外資在這邊除了控盤之外\n我先說其實外資是一直在調節臺積電\n因為外資他們現在什麼\n開始在回防這個所謂的Intel\n所以以外資角度來\n全體一路賣\n所以外資改去買Intel了嗎\n對 外資其實賣的\n他賣的臺積電\n從本來73%到74%的持股比例\n現在賣到69%\n我算過將近快100萬張\n然後英特爾反而持股結構\n法人的單越來越多\n所以如果說看臺積電\n單單看本身\n就是退輔基金\n勞動基金\n受險國貸金 富邦金\n全部都買它\n但這個就是這樣子\n所以看左邊\n退輔基金\n國貸富邦\n通通都在買臺積電\n所以我們自己的臺積電\n我們自己買\n因為你臺電過去\n應該說\n自己的臺機自己救\n但我們來看一下英特爾\n花爾街包括科技巨頭\n現在都大力做多英特爾\n對而且做多英特爾\n當然是就是川普\n那再來說美國製造\n那他們講的在概念就是說\n英特爾具備轉型的力道\n英特爾大家不要這樣看\n今年大概從四五十塊\n一口氣飆到150\n現在又回來了\n可是包含\n回答當然嘛\n合作自己投嘛\n那貝萊德先鋒離航\n這些是做ETF了\n他們也有持有\n大家可以看到有沒有\n拉長一點\n從今年度大概四十幾塊\n一口氣飆到142\n你看現在又會貨回100\n所以Intel今年度漲幅確實是比較大\n那現在回到90到100之後\n現在外資這些投行又說\n基本上他們認為臺...\n所以我最後換到右下角\n其實除了這種所謂的投行之外\n幾個美國的公開分析師\n包含那個Jim Campbell\n美銀的集團\n通通都調高這種所謂臺積\nIntel的目標價\n從110條到160\n所以現在大概90幾塊\n所以基本上他們認為空間比較大\n反而對於所謂的臺積電來講\n現在的外資是側\n所以我覺得最後講了一個\n為什麼外資側臺積電\n因為他們沒有想到臺積電\n長這麼快\n因為他們都給他3000塊的目標價\n可是漲到2500他覺得空間有限嘛\n所以回過頭來\n賣臺機買Intel\nIntel現在回檔之後\n我覺得就是極其的表現\n各位投資朋友們大家好\n我是阿關\n有一個很好的好訊息跟大家分享\n是因為最近的股市大漲大跌\n動輒漲千點動輒跌千點\n很多人說選股票真的難度很高\n而且頭很痛\n這樣的情況之下呢\n我們即將舉行一場\n不再選股必勝數\n你不做什麼就能夠賺大錢\n那我家裡還在待一期\n時間就在8月15號\n特別是我們邀請到\n畢勝教主周冠南老師\n老師你好\n我們現在為您視訊來解教老師\n老師你好\n培娟好\n各位聽眾大家好\n老師你曾經公開說過\n你說投資沒有捷徑\n但有公式\n在8月15號這場論壇當中\n你會分享公式嗎\n當然我常常跟人家講說\n投資是一門科學\n是有數學的最佳解的\n那當然當天我會把這個解方\n跟大家講\n它確實是有公式的\n而且是一個輕鬆的公式\n我想大家都可以理解的\n好 所以有人說我們想躺平轉\n那另外呢\n有很多人說\n我根本已經沒有錢投資了\n或者已經套牢了\n甚至也沒時間做功課\n那麼現在很多人都很想早退休\n但是又怕沒有錢\n又活得很久\n你知道嗎\n很擔心\n這樣的情況之下\n老師你說\n這些問題都有解\n在8月15號的論壇當中\n會提供解方嗎\n當然\n我常常跟人家講\n最好的投資時間是20年前\n其次就是現在\n因為你因為沒有錢就不投資\n你的未來只會越來越沒希望\n那我覺得沒有錢這件事情\n其實是一個心理作用\n你的錢比你想像要來的多\n因為你常會浪費掉很多錢\n所以在這一堂講座裡面\n我會特別跟各位講怎麼樣控制自己\n然後讓自己成為一個長期投資者\n我覺得這是很重要\n那你的退休才跟你的投資\n可以連線在一起\n要不然現在長壽風險\n這麼的嚴重\n我想投資是你一輩子\n應該要關注的事情\n好 所以阿關也好想提早退休\n所以8月15號\n老師我們現場見\n當然我們也希望所有的投資人\n在8月15號跟我們在現場\n能夠跟老師交流\n請你現在馬上拿起點手機\n掃描我們的報名系統QR Code\n掃描了QR Code之後\n進入我們報名系統\n趕快報名\n因為這個座位非常非常的少\n那麼時間呢\n論壇的時間是在8月15號\n在臺北舉行\n要跟周冠南老師請教的\n要跟周冠南老師面對面的\n我們在8月15號現場見\n週一到週五晚上九點到十一點\n問我什麼事",
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  "duration": 705.58475,
  "segments": [
    {
      "start": 0.0,
      "end": 16.5,
      "text": "這兩天大家熱意的新聞是臺積電有沒有可能被英特爾威脅?因為英特爾的封測EMIB的良率來到90%。可以說這個數字震撼業績。所以問一下吳總,它的EMIB真的很厲害嗎?",
      "chunk": 0,
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    {
      "start": 16.5,
      "end": 23.0,
      "text": "第一個EMIB,如果從技術的角度來講,它是比COVAS厲害。",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.231081451688494,
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    {
      "start": 23.0,
      "end": 25.0,
      "text": "技術的角度比COVAS厲害?",
      "chunk": 0,
      "language": "zh",
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    {
      "start": 25.0,
      "end": 27.94,
      "text": "對 因為COVAS是主要",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.19243362768372493,
      "no_speech_prob": 1.7020445816640084e-11,
      "compression_ratio": 1.256916996047431,
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    },
    {
      "start": 27.94,
      "end": 32.16,
      "text": "其實COVAS也是在AI的時代",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.19243362768372493,
      "no_speech_prob": 1.7020445816640084e-11,
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    },
    {
      "start": 32.16,
      "end": 34.54,
      "text": "出來的一個封裝",
      "chunk": 0,
      "language": "zh",
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      "no_speech_prob": 1.7020445816640084e-11,
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    },
    {
      "start": 34.54,
      "end": 36.76,
      "text": "它是一個很大的一個封裝",
      "chunk": 0,
      "language": "zh",
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      "no_speech_prob": 1.7020445816640084e-11,
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    {
      "start": 36.76,
      "end": 39.52,
      "text": "所以它有一個非常大面積的中介層",
      "chunk": 0,
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      "no_speech_prob": 1.7020445816640084e-11,
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    {
      "start": 39.52,
      "end": 40.88,
      "text": "它很大面積的",
      "chunk": 0,
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    {
      "start": 40.88,
      "end": 42.98,
      "text": "就是它底下的大面積的",
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    {
      "start": 42.98,
      "end": 44.68,
      "text": "silicon base在那裡",
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    {
      "start": 44.68,
      "end": 46.3,
      "text": "要細穿孔 那很大",
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    {
      "start": 46.3,
      "end": 47.5,
      "text": "然後放了GPU",
      "chunk": 0,
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    {
      "start": 47.5,
      "end": 50.82,
      "text": "旁邊再放HBM的DRAM這樣",
      "chunk": 0,
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    {
      "start": 50.82,
      "end": 51.68,
      "text": "這麼多的",
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    {
      "start": 51.68,
      "end": 53.36,
      "text": "那這個部分呢",
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    {
      "start": 53.36,
      "end": 56.68,
      "text": "這個封裝其實進入門檻很高",
      "chunk": 0,
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      "avg_logprob": -0.14550771847577162,
      "no_speech_prob": 1.6887808859666897e-11,
      "compression_ratio": 1.32421875,
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    {
      "start": 56.68,
      "end": 57.74,
      "text": "因為臺積電",
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    },
    {
      "start": 57.74,
      "end": 58.76,
      "text": "COAS的進入門檻很高",
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      "no_speech_prob": 1.6887808859666897e-11,
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    {
      "start": 58.76,
      "end": 59.96,
      "text": "COAS進入很高",
      "chunk": 0,
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      "avg_logprob": -0.14550771847577162,
      "no_speech_prob": 1.6887808859666897e-11,
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    },
    {
      "start": 59.96,
      "end": 61.66,
      "text": "那只有臺積電可以做",
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      "no_speech_prob": 1.6887808859666897e-11,
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    },
    {
      "start": 61.66,
      "end": 64.9,
      "text": "臺積電也是花了很多時間",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.14550771847577162,
      "no_speech_prob": 1.6887808859666897e-11,
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    },
    {
      "start": 64.9,
      "end": 67.94,
      "text": "當然COAS的良率是都非常好",
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      "start": 196.06,
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      "text": "所以因為它的基板燃綠就50%",
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      "start": 199.7,
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      "text": "所以影響到它整個",
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      "start": 201.98,
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      "text": "E-M&IBT的封裝的燃綠",
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      "start": 204.16,
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      "text": "只能到90%",
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      "text": "所以基板是關鍵",
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      "start": 206.56,
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      "text": "對 這個是關鍵",
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      "text": "所以它基板裡",
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      "text": "就是像Intel以前主要摘板",
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      "text": "像日本的EV-Den",
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    {
      "start": 212.94,
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      "text": "臺灣的新興電子",
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    {
      "start": 215.04,
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      "text": "這個都是它主要的供應商",
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      "start": 217.26,
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      "text": "好 那剛剛有談到矽橋",
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      "start": 220.06,
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      "text": "矽橋是誰供應的呢",
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      "start": 222.48,
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      "text": "在Intel的矽橋這個部分",
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      "text": "是由聯電做的",
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      "start": 226.38,
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      "text": "我們來看一下連電的股價",
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      "start": 227.72,
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      "text": "2303的連電",
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      "start": 228.92,
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      "text": "連電股價在今天是上漲0.42%",
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      "start": 232.14,
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      "text": "其實這一波它有漲過一波了",
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      "start": 234.08,
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      "text": "我們來看日K線",
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      "text": "它是從低檔來到半年線之後",
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    {
      "start": 239.9,
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      "text": "往上進行反彈",
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      "start": 241.2,
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      "text": "在這個地方震盪整理",
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      "text": "不過有另外一檔跟英特爾的",
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      "start": 245.54,
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      "text": "封裝息息相關的利基電在今天打漲",
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      "text": "我們來看一下利基電",
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      "start": 249.66,
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      "text": "在今天是亮燈漲停滿",
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      "text": "據說它是獨家供應英特爾EIBT",
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      "start": 254.5,
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      "text": "所謂的細電容這個部分",
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      "text": "所以因為它獨家供應細電容",
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    {
      "start": 259.2,
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      "text": "所以骨架供到了掌聽",
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    {
      "start": 263.02,
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      "text": "又扮演什麼角色",
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      "start": 264.0,
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      "text": "它細電容是這樣",
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    {
      "start": 265.36,
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      "text": "因為我們電容",
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      "start": 267.08,
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      "text": "現在當然像什麼國具和生堂",
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    {
      "start": 269.54,
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      "text": "他們做的是MLCC",
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      "start": 271.12,
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      "text": "MLCC",
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    {
      "start": 272.0,
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      "text": "就是陶瓷基層電容",
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    {
      "start": 275.1,
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      "text": "那這個細電容是直接在半導體制程",
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    {
      "start": 279.36,
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      "text": "做出來的",
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    {
      "start": 280.24,
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      "text": "它直接就是可以跟IC之間",
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    {
      "start": 284.36,
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      "text": "封裝在一起",
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    {
      "start": 285.92,
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      "text": "所以EMIB",
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      "start": 287.64,
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      "text": "就是說你EMIB的話",
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    {
      "start": 289.4,
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      "text": "跟封裝做在一起",
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    {
      "start": 291.9,
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      "text": "細電容那個效率就會",
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    {
      "start": 294.02,
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      "text": "等於整個電路的效率會非常的高",
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    {
      "start": 297.54,
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      "text": "那也不是隻有利基電",
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    {
      "start": 300.76,
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      "text": "像供給細電容的公司是非常多",
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    {
      "start": 304.24,
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      "text": "但是據說Intel是由利基電獨家供應",
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    {
      "start": 307.58,
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      "text": "對 主要它綁住了這個部分",
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    {
      "start": 310.58,
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      "text": "那我們要講EMIB",
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    {
      "start": 313.0,
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      "text": "現在大家有一個比較",
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    {
      "start": 314.72,
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      "text": "對臺積電比較大的威脅",
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    {
      "start": 317.24,
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      "text": "是聯發科剛開完",
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      "start": 319.0,
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      "text": "聯發科下單給Intel",
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      "start": 320.7,
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      "text": "對 蔡立行她就公告了",
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      "start": 322.94,
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      "text": "因為聯發科替Google做TPU-9",
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      "start": 330.46,
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      "text": "它會採用EMIV-T",
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      "start": 332.52,
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      "text": "那EMIV呢",
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    {
      "start": 334.38,
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      "text": "EMIV-T也拿到蠻多大單子",
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      "start": 336.32,
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      "text": "Google的單子",
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      "start": 337.32,
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      "text": "對對",
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    {
      "start": 337.84,
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      "text": "然後包括聯發科的單子",
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    {
      "start": 339.78,
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      "text": "甚至外面一直傳",
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      "start": 340.88,
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      "text": "揮大的單子要給他",
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      "start": 342.24,
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      "text": "部分的單子要給他",
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      "start": 343.56,
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      "text": "對 他現在是這樣",
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    {
      "start": 344.58,
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      "text": "主要是蔡立行從他的口中透露出",
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    {
      "start": 348.82,
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      "text": "他們已經研究",
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    {
      "start": 351.2,
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      "text": "就是事實上在開發",
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      "start": 353.4,
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      "text": "這個EMIV的封裝很久",
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      "start": 356.06,
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      "text": "然後他覺得解決了很多問題",
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      "start": 359.3,
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      "text": "他確認2028年",
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      "start": 361.84,
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      "text": "可以用EMIV來封裝谷歌的TPU",
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    {
      "start": 366.14,
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      "text": "好 那回到股價",
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      "start": 367.62,
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      "text": "我們來看Intel和臺積電的股價",
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    {
      "start": 370.5,
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      "text": "來創新",
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      "start": 371.1,
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      "text": "從股價的角度來看",
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      "start": 372.84,
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      "text": "你怎麼做觀察",
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      "start": 373.62,
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      "text": "對 我講其實現在就變成說",
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    {
      "start": 375.72,
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      "text": "外資跟內資的基調完全不一樣",
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      "start": 379.28,
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      "text": "我們先來看我們最喜歡的臺積電",
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      "start": 381.0,
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      "text": "臺積電下面放外資",
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      "start": 382.94,
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      "text": "其實外資在這邊除了控盤之外",
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      "start": 385.08,
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      "text": "我先說其實外資是一直在調節臺積電",
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      "start": 388.24,
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      "text": "因為外資他們現在什麼",
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      "start": 389.72,
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      "text": "開始在回防這個所謂的Intel",
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    {
      "start": 392.26,
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      "text": "所以以外資角度來",
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    {
      "start": 393.92,
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      "text": "全體一路賣",
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      "text": "所以外資改去買Intel了嗎",
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      "start": 398.28,
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      "text": "對 外資其實賣的",
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      "start": 399.8,
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      "text": "他賣的臺積電",
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    {
      "start": 402.7,
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      "text": "從本來73%到74%的持股比例",
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      "start": 405.74,
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      "text": "現在賣到69%",
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    {
      "start": 407.18,
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      "text": "我算過將近快100萬張",
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    {
      "start": 408.84,
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      "text": "然後英特爾反而持股結構",
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      "start": 410.56,
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      "text": "法人的單越來越多",
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    {
      "start": 412.5,
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      "text": "所以如果說看臺積電",
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      "start": 414.46,
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      "text": "單單看本身",
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    {
      "start": 415.5,
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      "text": "就是退輔基金",
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    {
      "start": 417.2,
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      "text": "勞動基金",
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    {
      "start": 418.3,
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      "text": "受險國貸金 富邦金",
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    {
      "start": 420.24,
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      "text": "全部都買它",
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    {
      "start": 421.3,
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      "text": "但這個就是這樣子",
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    {
      "start": 422.78,
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      "text": "所以看左邊",
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    {
      "start": 423.68,
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      "text": "退輔基金",
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      "start": 425.1,
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      "text": "國貸富邦",
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    {
      "start": 426.64,
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      "text": "通通都在買臺積電",
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    {
      "start": 427.98,
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      "text": "所以我們自己的臺積電",
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    {
      "start": 429.62,
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      "text": "我們自己買",
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    {
      "start": 430.76,
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      "text": "因為你臺電過去",
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    {
      "start": 432.18,
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      "text": "應該說",
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    {
      "start": 433.28,
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      "text": "自己的臺機自己救",
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      "start": 434.42,
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      "text": "但我們來看一下英特爾",
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    {
      "start": 435.92,
      "end": 437.76,
      "text": "花爾街包括科技巨頭",
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    {
      "start": 437.76,
      "end": 439.32,
      "text": "現在都大力做多英特爾",
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      "start": 439.32,
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      "text": "對而且做多英特爾",
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    {
      "start": 440.42,
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      "text": "當然是就是川普",
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    {
      "start": 441.76,
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      "text": "那再來說美國製造",
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    {
      "start": 443.26,
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      "text": "那他們講的在概念就是說",
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    {
      "start": 444.88,
      "end": 447.72,
      "text": "英特爾具備轉型的力道",
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    {
      "start": 447.72,
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      "text": "英特爾大家不要這樣看",
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    {
      "start": 448.72,
      "end": 450.02,
      "text": "今年大概從四五十塊",
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    {
      "start": 450.02,
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      "text": "一口氣飆到150",
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    {
      "start": 451.3,
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      "text": "現在又回來了",
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    {
      "start": 452.64,
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      "text": "可是包含",
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      "start": 454.0,
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      "text": "回答當然嘛",
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    {
      "start": 454.82,
      "end": 456.52,
      "text": "合作自己投嘛",
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      "start": 456.52,
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      "text": "那貝萊德先鋒離航",
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      "start": 458.2,
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      "text": "這些是做ETF了",
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      "start": 459.58,
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      "text": "他們也有持有",
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      "start": 460.82,
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      "text": "大家可以看到有沒有",
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    {
      "start": 462.22,
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      "text": "拉長一點",
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    {
      "start": 462.88,
      "end": 465.38,
      "text": "從今年度大概四十幾塊",
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      "start": 465.38,
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      "text": "一口氣飆到142",
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    {
      "start": 467.02,
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      "text": "你看現在又會貨回100",
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      "start": 469.32,
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      "text": "所以Intel今年度漲幅確實是比較大",
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      "start": 473.46,
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      "text": "那現在回到90到100之後",
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      "start": 475.96,
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    {
      "start": 478.14,
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      "text": "基本上他們認為臺...",
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      "start": 494.12,
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      "text": "所以我最後換到右下角",
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      "start": 495.88,
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      "text": "其實除了這種所謂的投行之外",
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      "start": 498.2,
      "end": 501.22,
      "text": "幾個美國的公開分析師",
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      "start": 501.22,
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      "text": "包含那個Jim Campbell",
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    {
      "start": 502.66,
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      "text": "美銀的集團",
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    {
      "start": 503.78,
      "end": 506.5,
      "text": "通通都調高這種所謂臺積",
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      "start": 506.5,
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      "text": "Intel的目標價",
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    {
      "start": 508.42,
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      "text": "從110條到160",
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      "start": 510.0,
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      "text": "所以現在大概90幾塊",
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      "start": 511.22,
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      "text": "所以基本上他們認為空間比較大",
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      "start": 513.34,
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      "text": "反而對於所謂的臺積電來講",
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    {
      "start": 515.46,
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      "text": "現在的外資是側",
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      "start": 516.88,
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      "text": "所以我覺得最後講了一個",
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      "start": 518.52,
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      "text": "為什麼外資側臺積電",
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      "start": 519.9,
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      "text": "因為他們沒有想到臺積電",
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    {
      "start": 521.36,
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      "text": "長這麼快",
      "chunk": 1,
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    {
      "start": 522.36,
      "end": 523.98,
      "text": "因為他們都給他3000塊的目標價",
      "chunk": 1,
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      "avg_logprob": -0.17359163556780133,
      "no_speech_prob": 2.9086630673469394e-11,
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    {
      "start": 523.98,
      "end": 526.06,
      "text": "可是漲到2500他覺得空間有限嘛",
      "chunk": 1,
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    {
      "start": 526.06,
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      "text": "所以回過頭來",
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    {
      "start": 527.12,
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      "text": "賣臺機買Intel",
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    {
      "start": 528.78,
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      "text": "Intel現在回檔之後",
      "chunk": 1,
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    {
      "start": 530.16,
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      "text": "我覺得就是極其的表現",
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    {
      "start": 531.88,
      "end": 533.28,
      "text": "各位投資朋友們大家好",
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    {
      "start": 533.28,
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      "text": "我是阿關",
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    },
    {
      "start": 534.02,
      "end": 536.44,
      "text": "有一個很好的好訊息跟大家分享",
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    },
    {
      "start": 536.44,
      "end": 538.72,
      "text": "是因為最近的股市大漲大跌",
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    {
      "start": 538.72,
      "end": 540.98,
      "text": "動輒漲千點動輒跌千點",
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    },
    {
      "start": 540.98,
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      "text": "很多人說選股票真的難度很高",
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    {
      "start": 543.72,
      "end": 544.74,
      "text": "而且頭很痛",
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    {
      "start": 544.74,
      "end": 546.18,
      "text": "這樣的情況之下呢",
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    {
      "start": 546.18,
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      "text": "我們即將舉行一場",
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    {
      "start": 547.66,
      "end": 550.14,
      "text": "不再選股必勝數",
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    {
      "start": 550.14,
      "end": 552.52,
      "text": "你不做什麼就能夠賺大錢",
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      "start": 552.52,
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      "text": "那我家裡還在待一期",
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    {
      "start": 553.8,
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      "text": "時間就在8月15號",
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    {
      "start": 555.58,
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      "text": "特別是我們邀請到",
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    {
      "start": 557.08,
      "end": 559.16,
      "text": "畢勝教主周冠南老師",
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    {
      "start": 559.16,
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      "text": "老師你好",
      "chunk": 1,
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    {
      "start": 559.74,
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      "text": "我們現在為您視訊來解教老師",
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    {
      "start": 561.52,
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      "text": "老師你好",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.12572055027402682,
      "no_speech_prob": 1.7689754175376216e-11,
      "compression_ratio": 1.411149825783972,
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    },
    {
      "start": 562.28,
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      "text": "培娟好",
      "chunk": 1,
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      "avg_logprob": -0.12572055027402682,
      "no_speech_prob": 1.7689754175376216e-11,
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    {
      "start": 563.78,
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      "text": "各位聽眾大家好",
      "chunk": 1,
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      "no_speech_prob": 1.7689754175376216e-11,
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    },
    {
      "start": 565.02,
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      "text": "老師你曾經公開說過",
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    {
      "start": 566.94,
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      "text": "你說投資沒有捷徑",
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    {
      "start": 569.38,
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      "text": "但有公式",
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    {
      "start": 571.18,
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      "text": "在8月15號這場論壇當中",
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    {
      "start": 573.36,
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      "text": "你會分享公式嗎",
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      "start": 574.78,
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      "text": "當然我常常跟人家講說",
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    {
      "start": 577.1,
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      "text": "投資是一門科學",
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    {
      "start": 578.38,
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      "text": "是有數學的最佳解的",
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    {
      "start": 580.34,
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      "text": "那當然當天我會把這個解方",
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    {
      "start": 582.46,
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      "text": "跟大家講",
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      "start": 583.12,
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      "text": "它確實是有公式的",
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      "start": 584.46,
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      "text": "而且是一個輕鬆的公式",
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      "start": 586.3,
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      "text": "我想大家都可以理解的",
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    {
      "start": 587.74,
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      "text": "好 所以有人說我們想躺平轉",
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      "start": 589.8,
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      "text": "那另外呢",
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      "start": 591.3,
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      "text": "有很多人說",
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      "start": 592.44,
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      "text": "我根本已經沒有錢投資了",
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    {
      "start": 593.84,
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      "text": "或者已經套牢了",
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    {
      "start": 594.96,
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      "text": "甚至也沒時間做功課",
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      "start": 596.64,
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      "text": "那麼現在很多人都很想早退休",
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      "start": 599.32,
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      "text": "但是又怕沒有錢",
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    {
      "start": 600.62,
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      "text": "又活得很久",
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      "start": 601.58,
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      "text": "你知道嗎",
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    {
      "start": 602.18,
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      "text": "很擔心",
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    {
      "start": 602.76,
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      "text": "這樣的情況之下",
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      "start": 603.88,
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      "text": "老師你說",
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    {
      "start": 604.5,
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      "text": "這些問題都有解",
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    {
      "start": 606.62,
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      "text": "在8月15號的論壇當中",
      "chunk": 1,
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    {
      "start": 608.6,
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      "text": "會提供解方嗎",
      "chunk": 1,
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    {
      "start": 609.78,
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      "text": "當然",
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    {
      "start": 610.84,
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      "text": "我常常跟人家講",
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    {
      "start": 612.2,
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      "text": "最好的投資時間是20年前",
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    {
      "start": 615.56,
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      "text": "其次就是現在",
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    {
      "start": 617.0,
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      "text": "因為你因為沒有錢就不投資",
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      "start": 619.3,
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      "text": "你的未來只會越來越沒希望",
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      "start": 622.1,
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      "text": "那我覺得沒有錢這件事情",
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    {
      "start": 624.1,
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      "text": "其實是一個心理作用",
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    {
      "start": 625.66,
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      "text": "你的錢比你想像要來的多",
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    {
      "start": 627.66,
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      "text": "因為你常會浪費掉很多錢",
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    {
      "start": 629.44,
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      "text": "所以在這一堂講座裡面",
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    {
      "start": 631.86,
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      "text": "我會特別跟各位講怎麼樣控制自己",
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    {
      "start": 634.5,
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      "text": "然後讓自己成為一個長期投資者",
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      "start": 636.5,
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      "text": "我覺得這是很重要",
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      "start": 637.56,
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      "text": "那你的退休才跟你的投資",
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    {
      "start": 639.76,
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      "text": "可以連線在一起",
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    {
      "start": 641.5,
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      "text": "要不然現在長壽風險",
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    {
      "start": 643.02,
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      "text": "這麼的嚴重",
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    {
      "start": 643.82,
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      "text": "我想投資是你一輩子",
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    {
      "start": 645.28,
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      "text": "應該要關注的事情",
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    {
      "start": 646.42,
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      "text": "好 所以阿關也好想提早退休",
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