Revenue Showdown: Taiwan Semiconductor Manufacturing Company Limited vs Fortinet, Inc.

TSMC vs Fortinet: A Decade of Revenue Growth

__timestampFortinet, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 2014770364000762835000000
Thursday, January 1, 20151009268000843512500000
Friday, January 1, 20161275443000947909200000
Sunday, January 1, 20171494930000977442600000
Monday, January 1, 201818012000001031361800000
Tuesday, January 1, 201921562000001069985400000
Wednesday, January 1, 202025944000001339254800000
Friday, January 1, 202133422000001587415000000
Saturday, January 1, 202244174000002263891300000
Sunday, January 1, 202353048000002161736000000
Monday, January 1, 202459558000002894308000000
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Cracking the code

Revenue Showdown: A Tale of Two Giants

In the ever-evolving landscape of global technology, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Fortinet, Inc. stand as titans in their respective fields. Over the past decade, TSMC has consistently outpaced Fortinet in revenue, showcasing the immense scale of the semiconductor industry. From 2014 to 2023, TSMC's revenue surged by approximately 183%, reaching a staggering $2.16 trillion in 2023. In contrast, Fortinet, a leader in cybersecurity, experienced a robust growth of around 589% during the same period, culminating in a revenue of $5.3 billion in 2023.

While TSMC's revenue dwarfs that of Fortinet, the latter's impressive growth rate highlights the increasing importance of cybersecurity in the digital age. Notably, TSMC's revenue for 2024 is projected to reach $2.89 trillion, though Fortinet's data for the same year remains unavailable, leaving room for speculation on its continued growth trajectory.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025