Value20202021202220232024TTMSelling/general/admin expenses1.01 B1.33 B1.74 B1.99 B2.55 B—Research & development3.9 B4.5 B5.31 B5.96 B6.23 B—Operating income20.18 B23.43 B36.49 B30.09 B40.32 B—Non-Operating Income, Total——————Interest expense, net of interest capitalized——————Non-Operating Income, excl. Interest Expenses——————Unusual income/expense——————Pretax income20.82 B23.9 B37.23 B31.98 B42.87 B—Equity in earnings——————Taxes2.63 B2.53 B4.91 B4.19 B7.57 B—Non-controlling/minority interest9.4 M18.8 M12.1 M23.3 M26.1 M—After tax other income/expense——————Net income before discontinued operations18.2 B21.37 B32.32 B27.79 B35.3 B—Discontinued operations——————Net income18.2 B21.37 B32.32 B27.79 B35.3 B—Dilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders——————Basic earnings per share (Basic EPS)——————Diluted earnings per share (Diluted EPS)——————Average basic shares outstanding——————Diluted shares outstanding——————EBITDA31.97 B38.67 B50.73 B47.47 B60.57 B—EBIT20.16 B23.44 B36.5 B30.09 B40.36 B—Cost of revenue22.37 B27.68 B29.79 B32.22 B38.73 B—Other cost of goods sold——————Depreciation & amortization (cash flow)11.81 B15.23 B14.23 B17.38 B20.21 B—
Taiwan Semiconductor Manufacturing Company Ltd
Taiwan Semiconductor Manufacturing Company Limited is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's largest dedicated contract chipmaker, the largest manufacturer of advanced artificial intelligence chips, and a key supplier of Nvidia, Apple, Broadcom, and Qualcomm. It is one of the world's most valuable semiconductor companies, and Taiwan's largest company, with headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan. Although the government of Taiwan is the largest individual shareholder, the majority of TSMC is owned by foreign investors. In 2025, the company was ranked 38th in the Forbes Global 2000. Taiwan's exports of integrated circuits amounted to $184 billion in 2022, nearly 25 percent of Taiwan's GDP. TSMC constitutes about 30 percent of the Taiwan Stock Exchange's main index.
Taiwan Semiconductor Manufacturing Company was established in 1987 as a joint venture between Taiwan’s government, the Industrial Technology Research Institute, and private investors.