Founded in 1987, TSMC is the world's largest dedicated chip foundry with over 57% market share in 2021. It provides computer-aided designing, manufacturing, packaging, testing, and selling of integrated circuits and other semiconductor devices. TSMC serves various markets including high-performance computing, smartphones, IoT, automotive, and digital consumer electronics. With a strong customer base that includes Apple, AMD, and Nvidia, TSMC is known for its high-quality technology and ability to generate solid operating margins. The company is listed on the Taiwan Stock Exchange and the New York Stock Exchange.