By Danny Vena, CPA
Publication Date: 2026-03-30 22:00:00
There are currently 11 companies with market caps of $1 trillion or more, but only three are members of the distinguished $3 trillion club (as of this writing): Nvidia at $4 trillion, Apple at $3.6 trillion, and Alphabet at $3.3 trillion.
Recent geopolitical developments have roiled the market, but I remain convinced that Taiwan Semiconductor Manufacturing (TSM 3.14%), commonly called TSMC, is poised to join this elite society in the years to come. The company is the world’s largest and most prominent semiconductor foundry, making it a principal beneficiary of the adoption of artificial intelligence (AI) and the resulting data center build-out, which has fueled TSMC’s financial and business results.
The company has a market capitalization of $1.6 trillion as I write this, which means investors who buy TSMC stock right now could enjoy returns of 83% if it joins the prestigious $3 trillion club.
Image source: Getty Images.
Let the chips fall where they may
TSMC is widely acknowledged as the world’s largest contract chipmaker. While estimates vary, the company has a 71% share of the global chip market and manufactures more than 90% of the most advanced semiconductors. As such, it is positioned to profit from the AI chip boom.
Moreover, TSMC is the most technologically advanced foundry in the world, which is why it produces the lion’s share of next-generation chips for the biggest names in technology, including Apple, Nvidia, Arm Holdings, and Advanced Micro Devices, among…
