TSMC Surpasses Intel and Samsung to Become World's Largest Semiconductor Company by Revenue

With a record $69.3 billion in revenue for 2023, TSMC has outpaced its competitors, marking a significant shift in the semiconductor industry.

TSMC earned $69.3 billion in 2023, surpassing Intel's $54.23 billion and Samsung's $50.99 billion in semiconductor revenue.
The company's success is attributed to its dominance in process technologies and increased demand for electronics during the pandemic.
TSMC does not develop its own processors but manufactures advanced chips for major tech companies like AMD, Apple, and Nvidia.
Nvidia is expected to report earnings of around $58.8 billion for 2023, potentially surpassing both Samsung and Intel but still trailing TSMC.
TSMC announced plans to open a second chip fabrication plant in Japan, in partnership with Sony and Toyota, as part of its expansion efforts.