Which company manufactures semiconductor wafers in Taiwan and is commonly abbreviated TSMC?

Taiwan Semiconductor Manufacturing Company manufactures semiconductor wafers in Taiwan and is commonly abbreviated TSMC.

TSMC was founded in 1987 by Morris Chang and pioneered the dedicated semiconductor foundry model. A foundry manufactures chips designed by other companies instead of primarily selling chips under its own consumer brand.

This model allows firms such as NVIDIA, AMD, and many other designers to outsource production while concentrating on architecture and product development. TSMC operates advanced fabrication facilities in Taiwan and has also announced or built facilities in other regions.

TSMC’s market capitalization reflects its importance to the global semiconductor supply chain. It is distinct from Samsung Electronics and Intel, which also design and manufacture chips but have different corporate structures and product mixes.