TSMC Surpasses Intel To Become World’s Most Valuable Chipmaker

[Daniel Nenni]

The Taiwan Semiconductor Company (TSMC) has surpassed U.S. chip giant Intel Corporation in market value. TSMC, which is responsible for the bulk of global contract chip manufacturing, supplies semiconductors to companies all over the globe. Its customers include the likes of Apple Inc, NVIDIA Corporation and Qualcomm Incorporated - with Apple thought by many to be TSMC's largest customer.

This stunning reveal comes courtesy of TSMC's Form 20-F filed with the Securities and Exchange Commission (SEC). The form is mandatory for foreign companies whose stock is trading in an American exchange and is equivalent to the 10-K annual report filed by publicly listed American companies.

TSMC Surpasses Intel To Become World’s Most Valuable Chipmaker

The Taiwan Semiconductor Manufacturing Company (TSMC) has surpassed U.S. chip giant Intel Corporation in market capitalization.

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I thought TSMC had been bigger than Intel by market cap for awhile?

NVidia is also larger than Intel by market cap now, and I'd be willing to bet that at least one other fabless company will also surpass Intel within a year. Maybe it'll be AVGO, or AMD, or QCOM. So Intel won't even be in the top 3 semi companies by market cap.