Taiwan Semiconductor Manufacturing Company (TSMC) is the world’s largest independent foundry. The firm produces semiconductors for tech firms that design their own chips but don’t own their own fabrication facilities; firms like , , MediaTek, and even Qualcomm depend on TSMC to manufacture their chips; last month the company reported sales for June of NT$120.88 billion which is the equivalent of $4.1 billion USD at current exchange rates. Adding in previously reported revenue figures for April and May results in second-quarter gross of NT$310.7 billion ($10.6 billion USD). That is a 29% gain …
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