TSM
TSM is a company.
Active
Updated: ·
Financial History
Total Raised
N/A
Valuation
N/A
Leadership Team
Key people at TSM.
Frequently Asked Questions
Who founded TSM?
TSM was founded by Daniel Dinh (Co-Founder & President).
TSM is a company.
Key people at TSM.
TSM was founded by Daniel Dinh (Co-Founder & President).
TSM was founded by Daniel Dinh (Co-Founder & President).
Key people at TSM.
Taiwan Semiconductor Manufacturing Company (TSMC or TSM) is the world's largest dedicated contract semiconductor manufacturer, holding approximately 50-56.4% market share in the foundry sector. It produces over 10,760 products using more than 270 technologies for around 500 fabless customers like AMD, Broadcom, NVIDIA, Qualcomm, and Apple (25% of revenue), enabling advanced chips for high-performance computing, smartphones, IoT, automotive, and consumer electronics.[1][2][3][5] TSM solves the manufacturing challenge for companies lacking their own fabs by providing wafer fabrication, packaging, testing, and services like mask manufacturing and R&D support, with strong growth momentum including 20% revenue growth targeted in 2022, consistent CAGR of 17.4% in revenue since 1994, and projected $30 billion capex in 2024 focused on 3nm/2nm nodes.[1][2][3][5]
TSMC was founded in 1987 as a joint venture between Taiwan’s government, the Industrial Technology Research Institute (ITRI), and private investors, pioneering the pure-play foundry model to commercialize ITRI's semiconductor research.[5] Morris Chang, with prior experience at Texas Instruments, led as founder and CEO for 31 years until retiring in 2018, when Mark Liu became chairman and C.C. Wei CEO.[5] Early traction came from its first-mover status in dedicated manufacturing; it listed on the Taiwan Stock Exchange in 1993 and NYSE in 1997, achieving steady growth with revenue CAGR of 17.4% and earnings CAGR of 16.1% since 1994, surpassing Intel's market cap in 2017 and hitting record Q2 2022 profits up 76.4% YoY.[5]
TSMC rides the semiconductor demand surge from AI, EVs, autonomous driving, crypto mining, metaverse/VR, IoT, and computing upgrades, acting as a proxy for fabless giants and hedging sector risks.[1][3][4] Its timing aligns with shrinking chip nodes enabling smaller, efficient devices in everything from dishwashers to data centers, bolstered by market forces like U.S./global supply chain shifts and automotive/data center growth (despite consumer softness).[1][5] TSM influences the ecosystem as the backbone for NVIDIA, AMD, and Apple, with institutional dominance (38% ownership) from hedge funds like Tiger Global and Druckenmiller amplifying its centrality in tech supply chains.[3][4][5]
TSMC's trajectory points to sustained dominance via capex-fueled node leadership (2nm+), AI/data center tailwinds, and 27% upside potential at 25x P/E on FY2026 EPS of $10.36, though geopolitical risks in Taiwan loom.[3] Trends like decentralized energy and advanced computing will propel growth, evolving TSM's influence as the indispensable enabler for global tech innovation—cementing its role as the foundry kingpin amid fabless proliferation.[1][3][4]
