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Taiwan Semiconductor Manufacturing Company (TSM), headquartered in Hsinchu, Taiwan, is the world’s largest and most vital pure-play semiconductor foundry. Founded in 1987 by Morris Chang, TSMC controls over 70% of the advanced foundry market share, serving as the sole manufacturer for tech giants like Apple (AAPL), Nvidia (NVDA), Advanced Micro Devices (AMD), and Qualcomm (QCOM). As the industry transitions into the artificial intelligence era, TSMC’s state-of-the-art silicon fabrication facilities serve as the foundational bedrock for cutting-edge microchips, powering everything from advanced generative AI data centers to smartphones and autonomous vehicles.