Analysts highlight TSM stock price’s sensitivity to memory chip pricing trends, as shifts here can cascade into adjacent chip segment valuations. On the off chance you've never heard of it, just as the name suggests, Taiwan Semiconductor Manufacturing, better known as TSMC, makes computer chips. There's a good chance you're a regular user of one of its products, in fact. See, it doesn't make its own branded designs. TSMC is instead a contracted manufacturer of other chip companies' silicon . Apple , Nvidia (NASDAQ: NVDA) , and Qualcomm are just some of its customers. Indeed, this company manufactures about two-thirds of the world's total semiconductors, and reportedly makes nine out of every 10 of the planet's most advanced high-performance chips. Cookies (including similar technologies such as web storage) allow the operators of websites and apps to store and read information from your device. Learn more in our cookie policy . Options market activity in TSM stock price suggests traders are betting on a near-term rally, with heavy call buying concentrated in the $185–$190 strike range.