TSMC (Taiwan Semiconductor Manufacturing Company), founded in 1987 and headquartered in Taiwan, is a publicly owned company specializing in semiconductor manufacturing. Employing approximately 19,540 people, TSMC's primary business is the fabrication of integrated circuits for other companies, rather than designing and selling its own branded chips.
North America constitutes the majority of revenue, and this sector shows growth. The company has advanced in producing advanced chips in recent years, with high-performance computing gaining importance. Bernstein reaffirmed an Outperform rating on September 10th, setting a price target of NT$1444. Tran Capital Management L.P. reduced its stock ownership by 28.5% in the second quarter, selling 53,818 shares. Fujifilm plans to build a semiconductor materials factory in Dholera, Gujarat, India, to supply materials to clients including this company and GlobalFoundries.
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