TSMC’s market capitalization first surpassed $2 trillion while it was listed on Taiwan’s stock exchange.
Taiwan Semiconductor Manufacturing Company, commonly called TSMC, crossed the two-trillion-dollar valuation level in 2024 as demand for advanced chips accelerated. The company is the world’s leading dedicated semiconductor foundry, producing chips designed by other companies rather than mainly selling chips under its own consumer brand.
TSMC’s role in artificial intelligence, smartphones, high-performance computing, and other electronics made it central to the global technology supply chain. Its market capitalization reflects investor expectations about future earnings and strategic importance, not the replacement cost of every factory. TSMC is incorporated in Taiwan and also has American depositary receipts traded in the United States. That dual-market presence can cause reports to quote different currencies or slightly different intraday values.