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Nvidia overtakes Apple to become TSMC’s largest client

user nl

Well-known member
Feb. 27, 2026 16:16
TAIPEI (Taiwan News) – AI pioneer Nvidia Corporation overtook Apple Inc. for the first time in 2025 to become Taiwan Semiconductor Manufacturing Co.’s largest customer, reports said Friday.

A financial report from TSMC only mentioned “client A” and “client B,” per CNA. In a previous interview, Nvidia founder and CEO Jensen Huang (黃仁勳) said his company had become the Taiwanese chip producer’s top customer, indicating Nvidia was “client A.”

According to TSMC, “client A” was responsible for NT$726.9 billion (US$23.2 billion) in revenue for 2025, more than double the figure of the previous year. As a share of TSMC’s total revenue, it had grown from 12% in 2024 to 19% in 2025.

“Client B” contributed NT$645.1 billion
to revenue last year, an increase of 3.33% from the previous year. As a share of TSMC’s total revenue, the client’s business declined from 22% to 17%.


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https://www.taiwannews.com.tw/news/6310676
 
https://www.taiwannews.com.tw/news/6310676

Feb. 27, 2026 16:16
TAIPEI (Taiwan News) – AI pioneer Nvidia Corporation overtook Apple Inc. for the first time in 2025 to become Taiwan Semiconductor Manufacturing Co.’s largest customer, reports said Friday.

A financial report from TSMC only mentioned “client A” and “client B,” per CNA. In a previous interview, Nvidia founder and CEO Jensen Huang (黃仁勳) said his company had become the Taiwanese chip producer’s top customer, indicating Nvidia was “client A.”

According to TSMC, “client A” was responsible for NT$726.9 billion (US$23.2 billion) in revenue for 2025, more than double the figure of the previous year. As a share of TSMC’s total revenue, it had grown from 12% in 2024 to 19% in 2025.

“Client B” contributed NT$645.1 billion
to revenue last year, an increase of 3.33% from the previous year. As a share of TSMC’s total revenue, the client’s business declined from 22% to 17%.


View attachment 4277
Is that a good thing? what if the AI bubble pop? isn't Apple a better and stable customer?
 
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