Annual Report 2023
TL;DR
TSMC manufactures 58% of advanced chips globally—a keystone concentration creating both dominance and fragility.
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Primary source for TSMC case study including revenue ($70 billion), 54% foundry market share, geographic diversification strategy (Arizona and Japan fabs), and earthquake resilience demonstrating redundancy value in semiconductor manufacturing.
Key Findings from Company (2024)
- $69.3 billion consolidated revenue in 2023, $26.88 billion net income
- 54.4% gross margin, 38.8% net profit margin in 2023
- Advanced technologies (7nm and beyond) accounted for 58% of wafer revenue
- 28% of Foundry 2.0 industry value in 2023, rising to 34% in 2024
- NT$8.3 billion insurance claims from 2024-2025 Taiwan earthquakes
- 3nm revenue share rose from 6% (Q3 2023) to 23% (Q3 2025)