Recall that TSMC is a contract manufacturer of semiconductor products. Among the customers of the Taiwanese giant are Apple, Broadcom, HiSilicon, MediaTek, Huawei, Realtek, Conexant, Marvell, etc.

TSMC reached NT $ 370 (US $ 12.56) last week. As a result, the market capitalization of the contract manufacturer was $ 313 billion. This allowed the company to bypass Samsung ($ 261 billion) and NVIDIA ($ 257.7 billion).

Moreover, in the second quarter, TSMC occupied 51.9% of the semiconductor industry. For comparison: Samsung’s share was 18.8%.

The success of TSMC is quite natural. The company receives a large number of orders from developers of various products, including mobile processors for smartphones with support for fifth-generation 5G cellular communications. In addition, TSMC does not stop to improve technological processes.

TSMC’s revenue in the second quarter of this year increased by 34.1% – to $ 10.38 billion. In the third quarter of 2020, revenue is projected in the range from $ 11.2 to $ 11.5 billion.

Capital expenditures of TSMC at the end of the current year should be from $ 15 to $ 16 billion. The lion’s share of this money will be spent on mastering new lithographic technologies and building new production lines for them.