Taiwan Semiconductor Manufacturing Company Limited CEDEAR

Taiwan Semiconductor Manufacturing Company Limited CEDEAR is an Argentine depositary certificate that represents an interest in shares of the world’s leading pure-play semiconductor foundry, allowing local investors to access the company through the domestic market. Each certificate corresponds to a defined conversion ratio anchored to the underlying equity, providing exposure to the firm’s earnings and dividends in local custody terms. TSMC designs and manufactures integrated circuits as a contract producer for global chip designers, supplying advanced nodes used in smartphones, high‑performance computing, data centers, automotive electronics, and industrial systems. The company’s customer base includes major technology firms that rely on cutting‑edge process technologies and scale for reliable, high‑volume production. Within Argentina’s market, this CEDEAR functions as a vehicle for diversification into the international semiconductor value chain, reflecting the performance of the underlying company while trading and settling locally. Key fundamentals commonly referenced for the issuer include substantial revenue, net income, and a leadership position in semiconductor manufacturing, underscoring its significance in global electronics supply and innovation pathways.