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

TSMC vs. Micron: A Decade of Revenue Growth

__timestampMicron Technology, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201416358000000762835000000
Thursday, January 1, 201516192000000843512500000
Friday, January 1, 201612399000000947909200000
Sunday, January 1, 201720322000000977442600000
Monday, January 1, 2018303910000001031361800000
Tuesday, January 1, 2019234060000001069985400000
Wednesday, January 1, 2020214350000001339254800000
Friday, January 1, 2021277050000001587415000000
Saturday, January 1, 2022307580000002263891300000
Sunday, January 1, 2023155400000002161736000000
Monday, January 1, 2024251110000002894308000000
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Revenue Showdown: TSMC vs. Micron

In the ever-evolving semiconductor industry, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Micron Technology, Inc. have been pivotal players. Over the past decade, TSMC has consistently outpaced Micron in revenue, showcasing its dominance in the market. From 2014 to 2024, TSMC's revenue surged by approximately 280%, reaching nearly $2.9 trillion in 2024. In contrast, Micron's revenue experienced a more modest growth of around 54%, peaking at $30.8 billion in 2022 before a dip in 2023.

A Decade of Growth

TSMC's strategic investments in cutting-edge technology and capacity expansion have paid off, especially evident in the 2022 revenue spike of 43% compared to the previous year. Meanwhile, Micron's revenue trajectory reflects the cyclical nature of the memory chip market, with fluctuations aligning with global demand shifts. As the semiconductor landscape continues to evolve, these giants remain at the forefront, shaping the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025