290 Followers USX:TSM - Taiwan Semiconductor Manufacturing Co Ltd Taiwan Semiconductor Manufactu
Sector: Information Technology, Industry: Semiconductors
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USD 84.34    -1.52 (-1.77%)
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28 Jun 2022


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General

CEO: Dr. C. C. Wei

IPO: 1994-09-05

Headquarters: US

Employees: 54,193

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Description

Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 58% market share in 2020 per Gartner. 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.

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