Monday, December 2nd 2019

TSMC Becomes Asia's Most Valuable Company

Taiwan Semiconductor Manufacturing Company, Limited, also known as TSMC shortly became Asia's biggest and the most valuable company with a market cap of over 8.02 trillion New Taiwan Dollars, which roughly translates to 262.75 billion US Dollars. Becoming the biggest Asian company, TSMC's market capitalization has now surpassed Samsung for the first time in the history of company existence.

The underlying reasons for becoming a company that TSMC is today, are plenty. Firstly, they are providing customers with the flexibility of choosing any manufacturing node, whatever it is the latest 7 nm or the older ones like 180 nm. They have a choice whatever they want to use something older and less expensive or something newer for high-performance and lower power. Additionally, TSMC is re-investing a big part of its profits into research and development efforts to stay competitive and deliver only the best technology to its customers, on time.
The third reason for becoming the biggest company in Asia is that TSMC is building a loyal base of its customers. Whatever they want to utilize TSMC's services just once (for small runs) or for many years, TSMC offers flexible supply for all semiconductors needed. Customers like Apple, HiSilicon, and NVIDIA keep its foundries busy while bringing in profits that enable TSMC to do what it does best - making high-quality semiconductors. Source: Finance.TechNews.TW
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13 Comments on TSMC Becomes Asia's Most Valuable Company

#1
lynx29
Lovely. Can't wait for my Ryzen 4800x and Navi 6800 XT, keep up the good work TSMC!
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#2
Anymal
Flexibility at its best, ramp up time from 2 to 6 months they flexed
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#3
Fatalfury
the one company where the world depends on...
from apple to Huawei
From qualcomm to to Mediatek
till AMD and the others.
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#4
cynic01
But how? The market cap of Alibaba is 534B last time I checked.
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#5
Flanker
Would be nice to have some healthy competition though. Samsung is the closest competitor, SMIC looks like a dud
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#6
R0H1T
cynic01
But how? The market cap of Alibaba is 534B last time I checked.
They're on NYSE aren't they?
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#7
john_
I always have in mind TSMC's 20nm and how quickly they recovered from that disaster. It took them no time to turn from a joke to a leading company again. And then I think of Intel....
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#8
Totally
Samsung is sitting at 283B.
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#9
maxitaxi96
john_
I always have in mind TSMC's 20nm and how quickly they recovered from that disaster. It took them no time to turn from a joke to a leading company again. And then I think of Intel....
well if you read over what the people from the industry say you beginn to wonder. I mean why could Apple, Oracle, Xilin and even nVidia (Tegra) use 20nm but when i came to the consumer GPUs from nVidia suddely 20nm is bad. Someone is allways just pointing the finger so he is not to blame
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#10
TheinsanegamerN
maxitaxi96
well if you read over what the people from the industry say you beginn to wonder. I mean why could Apple, Oracle, Xilin and even nVidia (Tegra) use 20nm but when i came to the consumer GPUs from nVidia suddely 20nm is bad. Someone is allways just pointing the finger so he is not to blame
Really? You answered your own question. 20nm couldnt attain the yields for a large chip to be feasable. Everything you just quoted were small dies and low power usage. This does NOT mean the 20nm tech could handle 600mm2 370+ watt dies.

The only tegra to use 20nm was the X1, found in the switch, and even then the 16nm version proved to be FAR more powere efficient. 20nm was a dud of an arch. You question why 20nm wasnt used in the industry at large is like asking why a lawnmower manufacturer cant make a ferrari V12 engine. Totally different markets, usage types, and expectations, not remotely similar.
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#12
AleksandarK
LFaWolf
Hmm, Alibaba Group has a market cap of over $500B USD, whereas TSM market cap is $260B USD. Is Alibaba Group not considered a company in Asia? What is the definition of "most valuable" in this sense?
https://finance.yahoo.com/quote/BABA?p=BABA
https://finance.yahoo.com/quote/TSM?p=TSM

@AleksandarK am I missing something of TSM being the most valuable company in Asia?
Per my understanding, the difference is in the part of the company trading in Asian stock exchanges. For example Alibaba is traded also on SEHK, while being present NYSE as well(where the bigger part lies). Same applies to TSMC, where TSMC trades on NYSE and TWSE.
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#13
LFaWolf
AleksandarK
Per my understanding, the difference is in the part of the company trading in Asian stock exchanges. For example Alibaba is traded also on SEHK, while being present NYSE as well(where the bigger part lies). Same applies to TSMC, where TSMC trades on NYSE and TWSE.
That can't be right either. Tencent Holding from China, is listed on the Hang Seng Exchange (HKSE), has a market cap of $3.18T in Hong Kong Dollars. Converting to USD, that is over $400B USD.
https://www.bloomberg.com/quote/700:HK
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