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TechRadar
Wayne Williams

Asia's biggest chipmaker is set to join the trillion-dollar club — TSMC will topple Meta soon as it benefits from AI boom

Taiwan Semiconductor Manufacturing Co., Ltd.

Nvidia isn't the only tech firm reaping massive benefits from the AI boom, as Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading contract maker of semiconductors, has also experienced a significant market surge. 

TSMC's market capitalization briefly exceeded $1 trillion recently, driven by unprecedented global demand for advanced processors. This milestone could be further solidified later this month when TSMC reports its quarterly earnings.

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