Taiwan Semiconductor Manufacturing Company （TSMC） briefly surpasses $1 trillion market cap, driven by high demand for AI chips.
Points
- TSMC reaches $1 trillion market cap, first Asian company to do so.
- Major clients include Apple, AMD, Intel, Nvidia, and Qualcomm.
- TSMC’s market cap retreats but remains ahead of Berkshire Hathaway.
Taiwan Semiconductor Manufacturing Company Limited （TSMC） has made history by becoming the first Asian firm to surpass a market capitalization of $1 trillion. This milestone, achieved on June 20, briefly placed TSMC ahead of Berkshire Hathaway, making it the eighth most valuable company globally.
TSMC’s rise is underpinned by its extensive portfolio of clients, including tech giants like Apple, AMD, Intel, Nvidia, and Qualcomm. Apple, in particular, is a significant contributor to TSMC’s revenue, utilizing its semiconductors in iPhones and other products.
The company’s dominance in the semiconductor industry is further highlighted by its role in cryptocurrency mining. TSMC’s chips are used in the majority of mining rigs, including Bitmain’s popular Antminer models. In China, a staggering 98% of Bitcoin mining rigs feature TSMC semiconductors.
Despite its retreat to a market cap of $859.69 billion, TSMC remains a pivotal player in the global tech landscape. Its position is bolstered by the ongoing demand for AI and semiconductor technology, ensuring its relevance and growth potential.
解説
- TSMC’s achievement underscores the critical role of semiconductors in modern technology.
- The company’s ability to meet the rising demand for AI and crypto mining chips positions it for continued success.
- Investors should monitor TSMC’s performance as it navigates the competitive and rapidly evolving tech market.