TSMC was among the world's top 10 companies by market capitalization in 2024.
Taiwan Semiconductor Manufacturing Company, commonly called TSMC, reached the global top tier as investors recognized the strategic importance of advanced chip manufacturing and the growth of artificial-intelligence computing.
TSMC is the world's leading dedicated semiconductor foundry. Rather than primarily selling chips under its own consumer brand, it manufactures processors designed by companies such as Apple, Nvidia, and AMD. This business model makes it a critical supplier across the technology industry.
TSMC was founded in 1987 by Morris Chang in Hsinchu, Taiwan. Market-cap rankings vary by date and exchange, so a company's exact position can change daily; the durable fact is TSMC's emergence as one of the world's largest listed businesses.