Market Performance - The main board led the gains with notable increases in stocks such as Jishi Media (+10.14%), Yanshan Technology (+10.08%), and Tianrongxin (+10.04) [1] - The ChiNext board saw significant growth with Dongtian Micro (+20.00%) and Longyang Electronics (+20.00%) leading the charge [1] - The Sci-Tech Innovation board also performed well, with Kaipu Cloud (+20.00%) and Lexin Technology (+17.33%) among the top gainers [1] - Active sub-industries included SW Communication Network Equipment and Devices (+3.81%) and SW Digital Chip Design (+1.54%) [1] Domestic News - Chip Power Technology, a Tsinghua-affiliated company, completed nearly 100 million yuan in B2 round financing, focusing on RPP chip industrialization and AI chip inference market expansion [1] - BOE Technology is negotiating with Samsung and other manufacturers for W-OLED panel supply, with a current monthly production capacity of 2,000 units on its 8.5-generation line [1] - Tailin Micro announced plans to acquire equity in Panqi Micro through a share issuance and cash payment, marking a strategic integration in the domestic IoT chip sector [1] - Jiangsu Dongxu Electronics has commenced a semiconductor wafer regeneration project, expected to generate over 1 billion yuan in annual output value upon completion [1] Company Announcements - Shenzhen South Circuit released its 2025 H1 report, achieving total revenue of 10.453 billion yuan, a year-on-year increase of 25.63%, and a net profit of 1.360 billion yuan, up 37.75% [3] - Megmeet Smart reported a total revenue of 1.886 billion yuan for 2025 H1, reflecting a 44.5% year-on-year growth, with a net profit of 84 million yuan, up 151.38% [3] - Gaweida's 2025 H1 report showed total revenue of 520 million yuan, a 2.74% increase year-on-year, and a net profit of 14 million yuan, up 60.35% [3] - In the same period, Yinjixin reported total revenue of 702 million yuan, a 13.42% year-on-year increase, with a net profit of 52 million yuan, up 32.96% [3] Overseas News - IQE plc has successfully developed a scalable epitaxial process as part of a year-long project [3] - Counterpoint Research estimates that the global semiconductor market revenue will exceed 1 trillion dollars by 2030, nearly doubling from 2024, driven by Agentic AI and Physical AI [3] - TSMC plans to stop using chip manufacturing equipment from mainland Chinese suppliers in its advanced 2nm fab to avoid potential U.S. technology restrictions [3] - Rapidus has signed a strategic partnership with Keysight Technologies' Japanese subsidiary to co-develop high-precision process design kits, with plans to release the first kits to customers in Q1 2026 [3]

Core Viewpoint - TSMC is advancing its 2nm production capabilities with the installation of equipment at its second factory (P2) in Kaohsiung, while the first factory (P1) has recently achieved mass production, indicating a strong commitment to expanding its advanced process technology despite significant investments in the U.S. [2][4] Group 1: Production Milestones - TSMC's P1 factory in Kaohsiung has reached a monthly production capacity of 10,000 wafers, with plans for P1 and P2 to collectively achieve a monthly capacity of 35,000 wafers by the end of the year [2] - The P2 factory has begun equipment installation and is expected to enter trial production within 3-4 months, following a rapid construction phase [2] Group 2: Market Impact and Financials - TSMC's 2nm process, utilizing nanosheet architecture, has reportedly achieved a trial production yield of 65%, surpassing competitors like Intel and Samsung [4] - The company anticipates that its 2nm technology will drive approximately $2.5 trillion (around NT$75 trillion) in global terminal product value over the next five years [4] - TSMC's supplier, Shengyang Semiconductor, has increased its capital expenditure to NT$79.04 billion to accelerate capacity expansion, raising its monthly production target from 800,000 to 850,000 wafers this year and to 1.2 million wafers by 2026 [4] Group 3: Stock Performance and External Factors - TSMC's stock price fell by NT$20 to NT$1,140, resulting in a market capitalization drop below NT$30 trillion, influenced by the announcement of a 20% tariff on Taiwan by the U.S. [4]