Hello, acquired listeners.
We regularly get feedback that this episode on tsmc, the Taiwan semiconductor manufacturing company, is one of the best acquired episodes ever.
And interestingly, it predates our Nvidia episodes.
We did it way back in 2021 when the acquired audience was about 12% the size of what it is today.
Which means that the vast majority of you have never heard it.
So we definitely wanted to fix that.
Since then, semiconductors have become so much more important in our world and TSMC has essentially become the only manufacturer of the leading edge chips.
They make the primary chip inside every MacBook and iPhone shipped.
Today, they're powering the AI wave, manufacturing all of Nvidia's chips.
They make the chips for a whole bunch of other fabless companies like Qualcomm, amd, Broadcom, and hyperscalers like aws.
And it turns out they even manufacture a lot of chips for intel too.
Yes, little known fact.
Yeah, TSMC rode the smartphone era to crazy heights, as we all know.
And here now, in the next AI era, here in 2025, it turns out that they are the manufacturing superpower behind all of that too.
Yep.
Well listeners, without doing too much foreshadowing, now is a very good time for anyone to listen or re listen to the TSMC episode.
So we decided we should go all the way back to the raw audio tracks and remaster this whole thing from scratch for your listening pleasure, Ben.
In fact, I looked it up since we were going back to 2021 when we initially recorded this.
TSMC's market cap has doubled since then from 550 billion to over a trillion dollars.
And in fact, you were the one that tipped me off to this as we were re researching here.