Nvidia is the Apple of TSMC's eye

The world’s largest semiconductor foundry, Taiwan Semiconductor Manufacturing Company (TSMC for short) has a client portfolio of two halves. Cornerstone client Apple Inc (NASDAQ:AAPL, ETR:APC), though it remains the world’s second most valuable company, has experienced a rough patch of late, with iPhone sales plummeting in the important Chinese market. This presents a problem for TSMC, which generates a significant portion of its revenues by manufacturing the chips that go into Apple iPhones. But TSMC has f ...