Who Generates Higher Gross Profit? Taiwan Semiconductor Manufacturing Company Limited or STMicroelectronics N.V.

TSMC vs. STMicro: A Decade of Profit Growth

__timestampSTMicroelectronics N.V.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 20142083000000377722000000
Thursday, January 1, 20151990000000410394900000
Friday, January 1, 20162242000000474832100000
Sunday, January 1, 20173034000000494826400000
Monday, January 1, 20183568000000497874300000
Tuesday, January 1, 20193696000000492701900000
Wednesday, January 1, 20203400000000711130100000
Friday, January 1, 20215053000000819537300000
Saturday, January 1, 202273310000001348354800000
Sunday, January 1, 202382870000001175111000000
Monday, January 1, 20241624354000000
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In pursuit of knowledge

A Tale of Two Giants: TSMC vs. STMicroelectronics

In the ever-evolving semiconductor industry, two titans stand out: Taiwan Semiconductor Manufacturing Company Limited (TSMC) and STMicroelectronics N.V. Over the past decade, TSMC has consistently outperformed its European counterpart in terms of gross profit. From 2014 to 2023, TSMC's gross profit surged by over 300%, peaking at an impressive $1.175 trillion in 2023. In contrast, STMicroelectronics saw a more modest growth, with its gross profit increasing by approximately 300% to $8.3 billion in the same period.

The Growth Trajectory

TSMC's dominance is evident, with its gross profit in 2023 being nearly 140 times that of STMicroelectronics. This disparity highlights TSMC's strategic positioning in the global market, driven by its advanced manufacturing capabilities and strong demand for its cutting-edge chips. As we look to the future, the missing data for 2024 suggests potential shifts in the industry landscape, making it a year to watch.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025