Taiwan Semiconductor Manufacturing Company (TSMC) is the world's largest dedicated semiconductor foundry. Founded in 1987 by Morris Chang in Hsinchu, Taiwan, TSMC pioneered the "pure-play" foundry model, focusing exclusively on manufacturing integrated circuits (ICs) designed by other companies. This allows fabless semiconductor companies like Nvidia, AMD, and Apple to outsource their manufacturing needs. TSMC's headquarters are located in Hsinchu, Taiwan. The company has a global presence with offices and manufacturing facilities in North America, Europe, Japan, China, and South Korea.
TSMC holds a dominant position in the semiconductor industry, with an estimated 70% market share in 2025. The company manufactures chips for various applications, including high-performance computing, smartphones, Internet of Things (IoT), automotive, and digital consumer electronics. TSMC is known for its advanced process technologies, including 7-nanometer, 5-nanometer, and 3-nanometer processes, and is expanding its manufacturing capacity in Taiwan and overseas. C.C. Wei is the current CEO and Chairman. Recent news indicates TSMC's revenue is growing, driven by demand for AI and high-performance computing chips. The company is also considering further investments in its Arizona fabs. As of February 2026, TSMC has a market capitalization of $1.90 trillion.