TSMC was founded in 1987 by Morris Chang.
Taiwan Semiconductor Manufacturing Company pioneered the dedicated foundry model, manufacturing chips designed by other companies rather than competing primarily through its own branded processors. This separation allowed many chip designers to outsource production while concentrating on architecture and product design.
TSMC became a crucial supplier for advanced semiconductors used in smartphones, computers, graphics processors, and artificial-intelligence systems. Its manufacturing scale and process technology helped make it one of the most valuable companies listed in Asia.
TSMC is headquartered in Hsinchu, Taiwan. It is sometimes confused with a chip designer such as Nvidia, but the two companies occupy different roles: Nvidia designs many products, while TSMC manufactures chips for numerous customers, including Nvidia.