TSMC is the largest publicly traded chip manufacturer by market capitalization in Taiwan.
Taiwan Semiconductor Manufacturing Company, commonly called TSMC, is Taiwan’s dominant listed semiconductor manufacturer and the world’s leading dedicated chip foundry. A foundry manufactures chips designed by other companies rather than selling most products under its own processor brand.
TSMC was founded in 1987 by Morris Chang with government support and assistance from Philips. Its business model helped separate chip design from fabrication, allowing companies such as Nvidia, Apple, and AMD to develop advanced processors without owning fabrication plants.
The company’s market value is linked to demand for advanced manufacturing processes, smartphones, high-performance computing, and artificial intelligence. TSMC is sometimes confused with Nvidia: Nvidia designs important processors, while TSMC manufactures chips for Nvidia and many other customers. Market-cap rankings vary by date because share prices change continuously.