TSMC is the world’s largest dedicated semiconductor foundry by revenue.
Taiwan Semiconductor Manufacturing Company, commonly called TSMC, manufactures chips designed by other companies rather than primarily selling processors under its own consumer brand. This business model is known as a pure-play foundry model.
TSMC was founded in Taiwan in 1987 by Morris Chang. The company helped popularize the separation between chip design and chip fabrication, allowing firms such as Nvidia, AMD, and Apple to design products while outsourcing manufacturing.
TSMC’s advanced production processes make it strategically important to the global technology industry. It is often discussed alongside the world’s richest companies because demand for artificial-intelligence processors, smartphones, and high-performance computing can raise expectations for its future earnings and market value.