TSMC was the first Taiwanese company to exceed US$1 trillion in market capitalization.
Taiwan Semiconductor Manufacturing Company passed the US$1 trillion market-value level in 2024 as demand for advanced chips and artificial-intelligence hardware lifted its share price. The milestone made TSMC the first Taiwanese company to join the trillion-dollar group.
TSMC is the world’s leading dedicated semiconductor foundry. Instead of selling mainly under its own consumer brand, it manufactures chips designed by other companies, including major technology firms. Its advanced production processes make it a crucial supplier for processors used in smartphones, data centers, and AI systems.
Because TSMC’s primary shares trade in Taiwan, its US-dollar market capitalization depends on both the local share price and the exchange rate. The company is commonly called TSMC, while its formal English name is Taiwan Semiconductor Manufacturing Company Limited.