TSMC surpasses Samsung as most valuable Asian company

Over the past two decades, TSMC has become a household name among computer enthusiasts. As world's largest semiconductor foundry, the firm manufactures chips for many of world's largest chip designers, including AMD and NVIDIA.

TechPowerUp reports TSMC is now the most valuable Asian company; With a market capitalization of over NT$8.02 trillion (about US$262.75), the foundry is now more valuable than South Korean powerhouse Samsung.

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.