TSMC (Remastered)

6298.408 - 6330.335 David Rosenthal

Well, okay. So speaking of data, I think this is the data point that really kind of says everything. So since the first IPO in Taiwan in 1994, TSMC has had compound annual revenue growth of 17.4% for 27 years. Revenue growth. 17.4% compounded for 27 years. Now the IRR, the equivalent on valuation on market cap. So it was 4 billion market cap at the Taiwan IPO in 1994. Today it is 550 billion.