Analyst estimates Nvidia is now TSMC's second largest customer accounting for 11% of revenue in 2023

Nvidia
(Image credit: Nvidia)

Although TSMC doesn't disclose the details of its business with its customers, it has to disclose if a customer accounts for over 10% of its revenue in accordance with U.S. laws. As it turns out, Nvidia accounted for 11% of TSMC's revenue in 2023, according to estimates by Dan Nystedt, a financial analyst specializing in semiconductor companies.

Last year, Apple — which TSMC's SEC filing calls 'Customer A' — accounted for 25% of TSMC's revenue and paid TSMC $17.52 billion. Meanwhile, Nvidia — which Nystedt believes is designated as Customer B in the filing — paid TSMC $7.73 billion and accounted for 11% of TSMC's net revenue in 2023.

Anton Shilov
Contributing Writer

Anton Shilov is a contributing writer at Tom’s Hardware. Over the past couple of decades, he has covered everything from CPUs and GPUs to supercomputers and from modern process technologies and latest fab tools to high-tech industry trends.