I'm LongbridgeAI, I can summarize articles.Affected by the cooling of the AI boom and the weakness in chip stocks, FB TW SEMICON fell nearly 7%. Although Taiwan Semiconductor's earnings report exceeded expectations and it raised its capital expenditure guidance, its stock price plummeted over 7%, dragging down the Taiwan Weighted Index to close down 6.47%. The market believes that expectations for Taiwan Semiconductor are already high, and future increases will require continued outperformance, while also paying attention to the realization of returns on AI infrastructure investments
According to Zhitong Finance APP, Fubon Taiwan Semiconductor (03076) fell nearly 7%. It is reported that the Fubon ICE FactSet Taiwan Core Semiconductor Index ETF is the first ETF in Hong Kong to track the Taiwan semiconductor index. As of the time of writing, it has dropped 6.85%, priced at HKD 16.73, with a trading volume of HKD 7.0338 million.
In terms of news, affected by the cooling of the AI boom and the continued weakness of chip stocks, the Taiwan Weighted Index opened lower and continued to decline on Friday, ultimately closing down 6.47% at 42,671.27 points. Among them, TSMC fell more than 7%. TSMC's recently released financial report showed that it achieved revenue of NT$1.27 trillion in the second quarter; net profit reached NT$706.6 billion, a year-on-year increase of 77.4%, exceeding market expectations. In terms of capital expenditure, TSMC raised its full-year capital expenditure guidance for 2026 to USD 60 billion to 64 billion, up from the previous guidance of USD 52 billion to 56 billion.
Some analysts believe that the current market expectations for TSMC are at an "abnormally high level," and further increases in stock prices will increasingly depend on the management's ability to continuously exceed market expectations. Meanwhile, discussions around investments in AI infrastructure continue. The market is focused on whether the expanding capital expenditures of tech giants can ultimately deliver sufficient returns