No matter — I'll do the arithmetic inline. NPM 2025 = 55.21/122.42 = 45.1%. Rev CAGR (NT$) 2021→2025 = (3809/1587)^0.25 − 1 ≈ 24.5%. Trailing P/E on $1.99T / $59.68B ≈ 33.3. All consistent with the sourced figures. Writing the report.
What it is: The world's largest contract chip manufacturer (a "foundry" — it makes chips *designed by others*, like Nvidia and Apple, and sells no products of its own). · My take: A near-monopoly on the most advanced chips on Earth, printing cash — the debate is price and geopolitics, not business quality.
2026-07-14