Which Taiwanese company manufactures advanced chips for companies such as Apple and Nvidia and is commonly known as TSMC?

Taiwan Semiconductor Manufacturing Company manufactures advanced chips for companies such as Apple and Nvidia and is commonly known as TSMC.

TSMC was founded in 1987 by Morris Chang in Hsinchu, Taiwan. Its key innovation was the dedicated semiconductor foundry model: TSMC manufactures chips designed by other companies instead of primarily selling chips under its own consumer brand.

This model allowed customers to focus on chip architecture while TSMC invested in expensive fabrication plants and process technology. TSMC manufactures processors and other chips for smartphone, computer, networking, automotive, and artificial-intelligence applications.

TSMC is frequently confused with companies that design chips, such as Nvidia, or companies that sell branded electronics, such as Apple. TSMC’s importance to market-cap rankings comes from its position in the global semiconductor supply chain and its ability to produce leading-edge nodes. Its American Depositary Shares trade in the United States under the ticker TSM.