TSMC became the first company founded in Taiwan to surpass a $1 trillion market capitalization.
Taiwan Semiconductor Manufacturing Company crossed the $1 trillion valuation level in 2024 as investors responded to surging demand for advanced chips used in artificial-intelligence systems. TSMC is the world’s largest dedicated semiconductor foundry.
Unlike integrated chipmakers that design and manufacture their own branded processors, TSMC primarily manufactures chips designed by other companies. Its customers include major firms such as Nvidia, Apple, and AMD.
TSMC’s market value reflects both its manufacturing scale and its strategic role in the global semiconductor supply chain. The company was founded in 1987 by Morris Chang, who helped establish the modern pure-play foundry model.