TSMC is the world’s largest dedicated semiconductor foundry and has ranked among the most valuable companies by market capitalization.
Taiwan Semiconductor Manufacturing Company, commonly called TSMC, manufactures chips designed by other companies. This business model is known as a pure-play foundry model. TSMC does not primarily sell chips under its own consumer brand; instead, it produces many advanced processors for customers such as Apple, Nvidia, and AMD.
The company was founded in 1987 by Morris Chang, who helped establish the modern dedicated-foundry industry. Its manufacturing scale and advanced process technology made it a critical part of global electronics supply chains.
TSMC is often confused with Samsung Electronics and Intel because all three are major semiconductor companies. Their businesses differ: Samsung makes memory and consumer electronics, Intel designs and manufactures chips, while TSMC is especially identified with contract chip manufacturing.