TSMC is Taiwan’s largest semiconductor manufacturer by market capitalization.
Taiwan Semiconductor Manufacturing Company, usually called TSMC, is the world’s leading dedicated semiconductor foundry. A foundry manufactures chips designed by other companies rather than primarily selling chips under its own consumer brand. This model made TSMC a crucial manufacturing partner for companies such as Apple, Nvidia, AMD, and Qualcomm.
TSMC was founded in 1987 in Hsinchu, Taiwan, by Morris Chang. Its business grew as electronics companies increasingly separated chip design from fabrication. TSMC invested heavily in advanced manufacturing processes, including leading-edge technologies used for smartphone processors, graphics chips, and artificial-intelligence accelerators.
The wording matters because Samsung Electronics also manufactures semiconductors and is a major global technology company. TSMC’s distinction is its pure-play foundry model and its central role in contract chip production. Market capitalization changes daily, but TSMC has long ranked among Taiwan’s most valuable listed companies.