The pandemic caused an interruption in the supply of chips, followed by a shortage of chips, and as a result of an increase in demand from cars and data centers, the company gained momentum. Even Taiwan is the leader of the global semiconductor industry with Taiwan Semiconductor Manufacturing Company (TSMC) with more than 50% of the global market.

The fight between TSMC and Tencent will still be going on, because the differences in market capitalization are not so high. The Taiwanese chip maker is at the peak of market capitalization - among Asian companies - worth more than $ 538 billion, while Tencent is in second place with a market capitalization of more than $ 536 billion. Among others, the main customer for TSMC is currently the giant Apple.

Performance of 5 years for TSMC (Source: Investing.com)