What are Top 7 Customers of TSMC in 2023

Introduction

TSMC (Taiwan Semiconductor Manufacturing Company) stands as a titan in the semiconductor industry, producing cutting-edge chips for a vast array of technological applications. Behind its success lies a network of influential customers driving innovation across various sectors. Let’s delve into TSMC’s top 7 Customers Leading the Semiconductor Industry and, by extension, the semiconductor landscape.

In 2023, TSMC’s revenue was dominated by seven key customers, each a juggernaut in its own right, providing insights into the dynamics of the semiconductor market and the tech industry at large.

TSMC’s Top 7 Customers

TSMC (TWSE: 2330, NYSE: TSM) has reported its net revenue figures for December 2023. The company’s consolidated revenue for December 2023 stood at approximately NT$176.30 billion.

This represents a 14.4 percent decrease from November 2023 and an 8.4 percent decrease from December 2022.

Additionally, TSMC’s revenue for the entirety of January through December 2023 amounted to NT$2,161.74 billion, reflecting a 4.5 percent decrease compared to the corresponding period in 2022.

1. Apple: Leading the Pack

At the forefront of TSMC’s clientele is Apple, accounting for a staggering 25% of the company’s revenue in 2023. This isn’t surprising considering Apple’s relentless pursuit of excellence in its products, which heavily rely on TSMC’s advanced chip technology.

From iPhones to iPads, Apple’s devices are powered by TSMC’s cutting-edge processors, showcasing the symbiotic relationship between the two tech giants.

2. Nvidia: Pushing Boundaries in Graphics

Nvidia, renowned for its graphics processing units (GPUs) and AI technologies, commands 11% of TSMC’s revenue share.

The demand for high-performance GPUs for gaming, data centers, and AI applications has propelled Nvidia’s collaboration with TSMC to new heights. As Nvidia continues to push the boundaries of what’s possible in graphics and computing, TSMC remains its trusted partner in delivering the silicon foundation for these groundbreaking innovations.

3. AMD: Empowering Computing Solutions

AMD, with 7% of TSMC’s revenue, is another key player in the semiconductor arena. AMD’s processors and graphics cards have gained significant traction in the market, thanks in part to TSMC’s state-of-the-art manufacturing capabilities.

Together, AMD and TSMC have disrupted the CPU and GPU markets. It offering high-performance computing solutions that cater to a wide range of applications, from gaming to data center workloads.

4. Qualcomm: Driving Mobile Innovation

Qualcomm, a pioneer in mobile technologies, holds a 7% share of TSMC’s revenue.

As the demand for smartphones and other mobile devices continues to soar, Qualcomm relies on TSMC to manufacture the chips that power its cutting-edge Snapdragon processors.

technological prowess enables Qualcomm to deliver the performance, efficiency, and connectivity demanded by today’s mobile consumers.

5. MediaTek: Empowering the Masses

MediaTek, with 5% of TSMC’s revenue, plays a crucial role in democratizing technology.

As a leading provider of affordable yet feature-rich chipsets for smartphones, IoT devices, and other consumer electronics, MediaTek leverages TSMC’s manufacturing capabilities to bring innovative products to market at scale.

This partnership underscores TSMC’s commitment to enabling innovation across all segments of the market.

6. Broadcom: Enabling Connectivity Solutions

Broadcom, with a 5% revenue share, is a key player in the semiconductor industry, specializing in connectivity solutions for a wide range of applications, including networking, storage, and wireless communications.

TSMC’s manufacturing expertise allows Broadcom to deliver high-performance, power-efficient chips that form the backbone of modern connectivity infrastructure.

7. Intel: A Noteworthy Player

Despite its historically dominant position in the semiconductor market, Intel occupies the seventh spot among TSMC’s top customers, contributing 4% of the company’s revenue.

Intel’s collaboration with TSMC underscores the shifting dynamics in the industry as Intel seeks to leverage TSMC’s advanced manufacturing processes to address its own manufacturing challenges and maintain competitiveness in an evolving market landscape.

Conclusion: A Tapestry of Collaboration and Innovation

The intricate tapestry of TSMC’s Top 7 Customers paints a vivid picture of collaboration and innovation driving the semiconductor industry forward. From smartphones to data centers, gaming to connectivity, these companies rely on TSMC’s advanced manufacturing capabilities to bring their visions to life. As technology continues to advance at a rapid pace, TSMC remains at the forefront, empowering its customers to push the boundaries of what’s possible in the digital age.

Credit: Dan Nysdet on X