TSMC, formally Taiwan Semiconductor Manufacturing Company, is the Taiwanese semiconductor manufacturer identified by the ticker TSM and ranked among the world’s most valuable companies.
TSMC pioneered the dedicated semiconductor foundry model, manufacturing chips designed by other companies rather than primarily selling chips under its own consumer brand. This allows customers to outsource fabrication while concentrating on chip architecture and design.
The company manufactures processors and other semiconductors for sectors including smartphones, data centers, automobiles, and artificial intelligence. Its advanced manufacturing capacity has made it strategically important to the global technology industry.
TSMC was founded in 1987 in Hsinchu, Taiwan, with Morris Chang as its founding chairman. TSM is the New York Stock Exchange ticker for its American depositary shares; its Taiwan-listed symbol is 2330.