TSMC, Taiwan Semiconductor Manufacturing Company Limited, the multinational semiconductor manufacturing and design company that is used by Apple, Qualcomm, Huawei, Intel, AMD, and Nvidia for a series of chips, hit the $1 trillion USD market cap mark after its shares rose 4.8% on July 8, 2024.
According to reports, the success is a result of its advanced semiconductor manufacturing technologies as well as the boom in artificial intelligence.
TSMC, the world’s third-largest semiconductor manufacturer, now joins Apple and Nvidia in the trillion-dollar league.
