TSMC
Scores out of 100 · Ranks within the 50-company cohort
Target date 2026-09-18
Target date 2027-09-18
Target date 2030-09-18
Our power thesis
We assign maximum Compute power to the manufacturing bottleneck, with limited interface and AI-permission control. Its score stays strong; its rank falls as broader platforms expand. The index deliberately distinguishes manufacturing indispensability from control of the entire AI stack.
Four Forces breakdown
Each force uses the same fixed 0–100 scale. The strongest force and breadth of control determine the Power Score.
| Force | 2026 | 2027 | 2030 |
|---|---|---|---|
| Compute | 100 | 100 | 100 |
| Interface | 15 | 15 | 15 |
| Alignment | 10 | 10 | 10 |
| Energy | 20 | 25 | 25 |
Our forecast
Across our 2026–2030 view, the Power Score rises from 68.1 to 68.8; the rank moves from #16 to #28.
Energy 20 → 25.
The thesis above explains our call. Rank can fall even when power grows if other companies gain faster.
What would change our mind
Leading-edge production diversifies enough to weaken TSMC’s bottleneck.
Research behind the judgment
TSMC’s Q2 investor release reports operating results separately from Q3 guidance.
- Q2 2026 results2026 Q2 reporting · Accessed 2026-09-18
Sources inform the factual premises. Force scores, ranks, and forecasts are exmxc’s judgments as of this edition.