TSMC operates the world’s largest dedicated semiconductor foundry.
Taiwan Semiconductor Manufacturing Company, usually called TSMC, manufactures chips designed by other companies rather than primarily selling chips under its own consumer brand. It is the leading example of the dedicated foundry business model.
TSMC was founded in Taiwan in 1987 by Morris Chang. Its manufacturing expertise and advanced process technologies made it a crucial supplier for companies such as Apple, Nvidia, AMD, and Qualcomm.
Its strategic importance has helped make TSMC one of the world’s most valuable companies by market capitalization. The business is also central to discussions about supply-chain resilience because advanced chip production is concentrated in a small number of locations.