TSMC's market cap has now exceeded that of Intel

James Wong, who works with ARK Investing group, has noted that, as of May 2020, TSMC's market cap is greater than that of Intel. Wong found this worth tweeting as the latter is "the most iconic semiconductor company in history" has been outdone by "a nondescript Taiwanese factory with no chip it can call its own".

Then again, there are those who regard the company as anything but nondescript. Its production line is associated with chipsets for every major type of personal device out there. They include PCs, Android phones and iPhones. This mass-produced silicon also goes to the highest-end 7-nanometer level at TSMC, not to mention its next 5nm generation.

Therefore, the Taiwanese manufacturer has a hand in Ryzen 4000 APUs, as well as NVIDIA graphics cards based on the upcoming Ampere and possibly even Hopper GPUs. However, Wong believes that TSMC's success is mostly based on its relationships between mobile-device CPU makers that include HiSilicon and Apple.