TSMC is the Taiwan-based semiconductor manufacturer that became one of the world’s most valuable companies by market capitalization.
Taiwan Semiconductor Manufacturing Company, commonly called TSMC, is the world’s largest dedicated semiconductor foundry. It manufactures chips designed by other companies rather than primarily selling processors under its own consumer brand.
That business model made TSMC a crucial supplier for advanced computing, smartphones, graphics processors, and artificial-intelligence accelerators. Customers provide chip designs, while TSMC fabricates them using increasingly sophisticated manufacturing processes.
TSMC’s market capitalization rose as investors recognized the strategic importance of advanced chip production and the company’s leading position in high-end manufacturing. It is often confused with Samsung Electronics or Intel, which also design and manufacture semiconductors but operate under different business models and corporate structures.