TSMC (TSM) ☆

Relationship network

Key relationships

• KLA Corporation — supplier · KLA discloses Taiwan Semiconductor Manufacturing Company as a customer accounting for more than 10% of total revenues in each of the fiscal years ended June 30, 2026, 2025 and 2024, primarily in the Semiconductor Process Control segment. source: sec.gov
• Apple — customer · 90% dependency editorial estimate · TSMC manufactures Apple's A-series and M-series (Apple Silicon) chips on its leading-edge nodes; Apple is reported to be TSMC's largest customer and to have ordered roughly half of TSMC's initial 2nm capacity for the iPhone 18. source: cnbc.com
• Tesla, Inc. — customer · TSMC co-produces Tesla's AI5 inference chip at its Arizona fab under a dual-foundry arrangement with Samsung. source: techhq.com
• Applied Materials — supplier · Applied Materials discloses TSMC as a greater-than-10% customer, supplying deposition, etch, CMP and other wafer-fabrication equipment. source: sec.gov
• Amkor Technology — partner · Amkor and TSMC signed a 10-year agreement for Amkor to provide turnkey advanced packaging and test in Arizona supporting TSMC's US wafer customers. source: amkor.com
• ASM International — supplier · ASM International, the leader in atomic layer deposition (ALD), supplies the ALD tools TSMC needs for gate-all-around transistors at advanced AI-logic nodes. source: convequity.substack.com
• ASMPT — supplier · ASMPT supplies thermocompression bonding (TCB) tools for advanced packaging of AI and HPC chips, the packaging class used for GPU/HBM integration at foundries such as TSMC. source: digitimes.com
• Camtek — supplier · Camtek's inspection systems serve TSMC's CoWoS advanced-packaging capacity expansion for AI accelerators. source: kavout.com
• Disco Corporation — supplier · Disco supplies the grinding and dicing equipment used in TSMC's advanced packaging (e.g., CoWoS) and wafer thinning for AI chips. source: newsletter.semianalysis.com
• Lam Research — supplier · TSMC uses Lam Research etch and deposition systems in its logic manufacturing lines. source: sec.gov
• Nova Ltd — supplier · Nova supplies dimensional and materials metrology (including OCD) to TSMC for advanced-node process control. source: en.wikipedia.org
• Onto Innovation — supplier · Onto Innovation's Dragonfly inspection/metrology platform passed TSMC's tool-qualification process for 2.5D advanced packaging used in AI GPU packages. source: beyondspx.com
• Tokyo Electron — supplier · Tokyo Electron is a key supplier of coater/developer, etch and deposition equipment to TSMC, described as its most important customer. source: asia.nikkei.com
• Cerebras Systems — customer · Cerebras discloses reliance on TSMC to manufacture its wafer-scale AI processors. source: sec.gov
• Etched — customer · Etched's Sohu transformer inference ASIC is fabricated on TSMC's 4nm process. source: techcrunch.com
• Marvell Technology — customer · Marvell relies on TSMC's advanced process nodes to manufacture its custom AI ASICs and data-center silicon. source: sec.gov
• Qualcomm — customer · Qualcomm uses TSMC, alongside Samsung, to manufacture its advanced mobile and compute SoCs. source: sec.gov
• Rambus — customer · Rambus is fabless and depends on foundries such as TSMC to manufacture its memory interface chips. source: sec.gov
• SambaNova Systems — customer · SambaNova's SN40L RDU is fabricated on TSMC's 5nm process with CoWoS advanced packaging. source: servethehome.com
• Vanguard International Semiconductor — portfolio company · 20% dependency · TSMC is the largest shareholder of Vanguard International Semiconductor, historically owning roughly 27-28% (reducing toward ~19% after a 2026 stake sale). source: trendforce.com
• AMD — customer · 90% dependency · AMD's 10-K discloses reliance on TSMC for substantially all leading-edge wafer fabrication. source: sec.gov
• Broadcom — customer · 70% dependency editorial estimate · Broadcom is fabless; TSMC fabricates its leading-edge networking and custom AI accelerator silicon. source: sec.gov
• NVIDIA — customer · 90% dependency editorial estimate · TSMC fabricates substantially all of NVIDIA's leading-edge data-center GPUs; NVIDIA's 10-K discloses dependence on a small number of foundries. source: sec.gov
• ASML — supplier · 90% dependency editorial estimate · ASML is the sole supplier of the EUV lithography systems TSMC requires for leading-edge nodes. source: asml.com

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• Vol/OI turnover: 0.11×
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• OTM tilt: +23.6% toward OTM calls
• IV skew (put − call): +13.7%