TSMC's Market Cap

TSMC, Taiwan Semiconductor Manufacturing Company, has a market capitalization of about $2.10 trillion in 2026, the 6th most valuable company in the world. It is the largest contract chipmaker on the planet and one of only two non-US members of the club, the other being Saudi Aramco. TSMC manufactures the chips that NVIDIA, Apple and others design. Its US-listed shares (ticker TSM) first crossed $1 trillion on July 8, 2024. See where it ranks today on the Kilocorn Club.

TSMC's market cap past $1 trillion

TSMC's US-listed shares crossed $1 trillion on July 8, 2024, then held above the line after strong earnings that October as AI orders kept building. The stock has roughly doubled from there. See how it compares with the rest of the most valuable companies.

Why TSMC matters to every chip company

TSMC does not design its own chips. It manufactures them for everyone else. NVIDIA, Apple, AMD and Broadcom hand TSMC their designs, and TSMC makes the silicon in its Taiwan fabs using the most advanced process nodes available. Most of the world's leading-edge chips come from a handful of TSMC plants, which makes it the quiet center of the entire AI supply chain.

TSMC as one of two non-US Kilocorns

Almost every trillion-dollar company is American. TSMC and Saudi Aramco are the exceptions. TSMC is headquartered in Hsinchu, Taiwan, and its primary listing is in Taipei, but its US-listed shares (the ADR ticker TSM) are what crossed $1 trillion and what most global investors track. Its scale gives Taiwan an outsized place in the world economy.