349 Followers USX:TSM - Taiwan Semiconductor Manufacturing Co Ltd TSMC
Sector: Information Technology, Industry: Semiconductors
Next Earnings: 18 Apr 2024
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USD 136.69    -2.15 (-1.55%)

27 Mar 2024


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General

CEO: Dr. C. C. Wei

IPO: 1994-09-05

Headquarters: US

Employees: 0

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Description

Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with almost 60% market share. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.

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