$Taiwan Semiconductor(TSM.US) First take: The company's financial report is generally good. Both revenue and gross margin exceeded market expectations, mainly due to increased demand for AI and other factors driving the rise in 3nm production, further concentrating the company's performance on advanced processes.

In addition to the financial data, the company also provided better-than-expected guidance for the next quarter. The company expects Q3 revenue of $22.4-23.2 billion (market expectation: $22.528 billion) and a gross margin of 53.5-55.5% (market expectation: 52.48%). The impressive gross margin performance is mainly attributed to the company's better-than-expected shipments of 3nm products.

Regarding capital expenditures, which the market is closely watching, the company raised the lower end of its previous guidance as expected, increasing the full-year plan from $28-32 billion to $30-32 billion. Although only the lower end of the range was adjusted, this move indicates an improving outlook, and the company will enter a peak season for capital investment in the second half of the year.