TSMC overtakes Samsung as world’s largest chip company
21 Jul 2020
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has become the world’s largest chip company by market capitalisation, according to a list produced by Yonhap News Agency.
Citing a report from electronics europe News on its website, the U.S.-based Semiconductor Equipment & Materials International (SEMI) said TSMC has overtaken Samsung to become the world’s largest chip company by market capitalisation.
It said the list is based on share values on Thursday July 16, when TSMC’s market capitalisation measured US$306.3 billion.
It said this eclipsed second-ranked Samsung Electronics Co. Ltd. Samsung’s market value was US$261.9 billion.
US fabless graphics processing units (GPU) developer Nvidia in third also overtook Intel with a market value of US$257.7 billion.
The report said the ranking includes a mixture of chip company types.
TSMC is a pure-play foundry, while Samsung is part foundry, part Integrated Device Manufacturer (IDM) and Nvidia and Qualcomm are fabless chip companies and therefore customers for foundries such as TSMC and Samsung.
The report said Nvidia’s market capitalisation has soared by 75% in the last seven months due to demand for its GPUs in data centers amid the coronavirus pandemic.
Source: The Edge Markets
