Taiwan Semiconductor Manufacturing Co. (TSMC) has reinforced its leadership position in the global pure-play wafer foundry market, claiming a 67.6% market share in the first quarter of 2024. This is according to the latest report by Taipei-based research firm TrendForce Corp.
Pure-play foundries manufacture semiconductor chips for clients based on their designs and do not produce their own branded chips, making them a critical part of the global semiconductor supply chain. TSMC, which produces semiconductors for companies like Apple, NVIDIA, and AMD, continues to dominate this key industry segment.
The report underlines TSMC’s continued success in capitalizing on demand for advanced semiconductor manufacturing technologies, such as 5-nanometer and 3-nanometer processes. These cutting-edge nodes are increasingly vital in powering high-performance computing applications, artificial intelligence, and modern smartphones.
TSMC’s performance significantly outpaces that of its competitors in the pure-play foundry landscape, which includes firms like GlobalFoundries, UMC, and Samsung’s contract manufacturing business. The company’s ability to maintain high yields, technological leadership, and strong customer relationships has helped it widen its lead in a competitive market environment.
As technological innovation and digital infrastructure investments continue to grow globally, TSMC is expected to remain a cornerstone in semiconductor production, with its market share likely to be a key indicator of the sector’s ongoing consolidation and technological evolution.
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