TSMC is the Taiwanese semiconductor foundry officially named Taiwan Semiconductor Manufacturing Company.
TSMC was founded in 1987 by Morris Chang in Hsinchu, Taiwan. Its major innovation was the dedicated foundry model: it manufactures chips designed by other companies instead of competing with customers by selling its own branded processors.
This model enabled companies such as Nvidia, AMD, and many mobile-chip designers to focus on architecture and software while relying on TSMC for advanced manufacturing. TSMC’s leading process technologies made it a central supplier to the global electronics industry.
The company is frequently among the world’s most valuable businesses by market capitalization. Its valuation is influenced by demand for smartphones, computers, data-center processors, AI accelerators, automotive chips, and the geopolitical risks surrounding semiconductor supply chains.