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Definition: TSMC

(Taiwanese Semiconductor Manufacturing Corporation, Ltd. Hsinchu Science Park, Taiwan) The leading "pure-play" semiconductor fab. Founded in 1987, TSMC was the first company dedicated to making chips designed by fabless companies. For example, it makes chips for Apple, AMD, Qualcomm and NVIDIA. TSMC was the first fab to produce 5 nanometer chips (see process technology). The company is also building plants in Phoenix, Arizona, which should be completed by 2024. See GlobalFoundries and foundry.