The Taiwan Semiconductor Manufacturing Company Limited (TSMC) has built its leadership position by providing the most advanced manufacturing facilities and leaving the design to its clients. TSMC produces nearly 60% of all semiconductor chips used worldwide and manufactures 90% of the most advanced technology chips used in phones, industrial equipment, and military systems. TSMC is also the main manufacturer of NVIDIA's most advanced manufacturing chips. But recent events such as cryptocurrency's surging demand, trade barriers between the US and China, and geopolitical tensions have shown the complexity of the industry's globalised supply chains, which resulted in production delays and shortages. Thus, many countries are already investing significantly in semiconductor research and development and manufacturing. This will not only put them in advantageous position to control the supply chain and gain economic strength but become investment magnets and create high-tech jobs.