# If TSMC moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/tsmc · Facet: ripple · Updated: 2026-07-12T05:39:11.636894+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, TSMC is directly linked to 64 companies (33 supply, 31 revenue, 1 investment relationships) and reaches 102 companies within two hops; the links are backed by 98 dated sources, 25 of them primary filings (as of 2026-07-12).

TSMC operates across Foundry, Advanced packaging (CoWoS). Momentum stayed firm and it is +41.9% in 2026. The supply side (avg +84.3%) has moved harder than the stock (+41.9%). That is the classic bottleneck pattern: supplier volume leverage is being priced before this layer's own margin. Among connected nodes the furthest ahead is Marvell (+163.4%) and the furthest behind is Entegris (+65.1%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Buys equipment from ASML (EUV) and others.

## Demand chain (leading)
- T1 Apple (https://valuechain.wiki/apple.md)
- T2 T-Mobile US, Inc. (https://valuechain.wiki/t-mobile-us.md)
- T3 EchoStar Corporation (https://valuechain.wiki/echostar.md)
- T2 Target Corporation (https://valuechain.wiki/target.md)
- T3 CVS Health (https://valuechain.wiki/cvs-health.md)
- T2 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T1 Broadcom (https://valuechain.wiki/broadcom.md)
- T2 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 Shopify (https://valuechain.wiki/shopify.md)
- T2 Meta Platforms (https://valuechain.wiki/meta.md)
- T3 Procter & Gamble (https://valuechain.wiki/procter-gamble.md)
- T3 Omnicom Group Inc. (https://valuechain.wiki/omnicom-group.md)
- T2 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Planet Labs (https://valuechain.wiki/planet-labs.md)
- T3 Walmart Inc (https://valuechain.wiki/walmart.md)
- T3 McDonald's (https://valuechain.wiki/mcdonalds.md)
- T3 MercadoLibre, Inc. (https://valuechain.wiki/mercadolibre.md)
- T3 Uber (https://valuechain.wiki/uber.md)
- T3 Costco Wholesale (https://valuechain.wiki/costco.md)
- T3 LVMH Moet Hennessy Louis Vuitton (https://valuechain.wiki/lvmh.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 Intuit Inc. (https://valuechain.wiki/intuit.md)
- T3 Workday, Inc. (https://valuechain.wiki/workday.md)
- T3 Salesforce, Inc. (https://valuechain.wiki/salesforce.md)
- T3 Booking Holdings Inc. (https://valuechain.wiki/booking-holdings.md)
- T3 Stryker Corporation (https://valuechain.wiki/stryker.md)
- T3 HCA Healthcare, Inc. (https://valuechain.wiki/hca-healthcare.md)
- T3 DoorDash, Inc. (https://valuechain.wiki/doordash.md)
- T3 AppLovin Corporation (https://valuechain.wiki/applovin.md)
- T3 Cintas Corporation (https://valuechain.wiki/cintas.md)
- T3 Colgate-Palmolive Company (https://valuechain.wiki/colgate-palmolive.md)
- T3 Honeywell Technologies (https://valuechain.wiki/honeywell-technologies.md)
- T3 AutoZone (https://valuechain.wiki/autozone.md)
- T3 eBay Inc. (https://valuechain.wiki/ebay.md)
- T3 Expedia Group, Inc. (https://valuechain.wiki/expedia-group.md)
- T3 The Kraft Heinz Company (https://valuechain.wiki/kraft-heinz.md)
- T3 Ingersoll Rand Inc. (https://valuechain.wiki/ingersoll-rand.md)
- T2 Arista Networks (https://valuechain.wiki/arista.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T2 OpenAI (https://valuechain.wiki/openai.md)
- T3 Accenture plc (https://valuechain.wiki/accenture.md)
- T2 Eoptolink (https://valuechain.wiki/eoptolink.md)
- T3 NVIDIA (https://valuechain.wiki/nvidia.md)
- T2 NetApp, Inc. (https://valuechain.wiki/netapp.md)
- T1 Intel (https://valuechain.wiki/intel.md)
- T2 Lenovo (https://valuechain.wiki/lenovo.md)
- T3 Waters Corporation (https://valuechain.wiki/waters.md)
- T2 Dell Technologies (https://valuechain.wiki/dell.md)
- T3 IREN (https://valuechain.wiki/iren.md)
- T2 HP Inc. (https://valuechain.wiki/hp.md)
- T2 Mercury Systems (https://valuechain.wiki/mercury-systems.md)
- T3 RTX (https://valuechain.wiki/rtx.md)
- T3 Lockheed Martin (https://valuechain.wiki/lockheed-martin.md)
- T2 ASUSTeK Computer (https://valuechain.wiki/asustek.md)
- T2 F5, Inc. (https://valuechain.wiki/f5.md)
- T1 Marvell (https://valuechain.wiki/marvell.md)
- T1 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T1 Sony Semiconductor Solutions (https://valuechain.wiki/sony-semiconductor.md)
- T2 Nikon (https://valuechain.wiki/nikon.md)
- T1 Alchip Technologies (https://valuechain.wiki/alchip.md)
- T1 Credo Technology (https://valuechain.wiki/credo.md)
- T1 Global Unichip (https://valuechain.wiki/global-unichip.md)
- T2 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T3 AMD (https://valuechain.wiki/amd.md)
- T3 SK Telecom (https://valuechain.wiki/sk-telecom.md)
- T3 Everpure (formerly Pure Storage) (https://valuechain.wiki/pure-storage.md)
- T1 NXP Semiconductors (https://valuechain.wiki/nxp.md)
- T2 Hubbell Incorporated (https://valuechain.wiki/hubbell-incorporated.md)
- T1 MediaTek (https://valuechain.wiki/mediatek.md)
- T2 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T3 Qualcomm (https://valuechain.wiki/qualcomm.md)
- T3 IBM (https://valuechain.wiki/ibm.md)
- T3 Tesla (https://valuechain.wiki/tesla.md)
- T3 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T1 Renesas Electronics (https://valuechain.wiki/renesas.md)
- T2 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 Mazda Motor (https://valuechain.wiki/mazda-motor.md)
- T1 Mobileye (https://valuechain.wiki/mobileye.md)
- T2 Geely Auto (https://valuechain.wiki/geely-auto.md)
- T1 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T1 Microchip Technology (https://valuechain.wiki/microchip.md)
- T1 Cisco (https://valuechain.wiki/cisco.md)
- T1 Montage Technology (https://valuechain.wiki/montage.md)
- T1 Phison Electronics (https://valuechain.wiki/phison.md)
- T2 Seagate Technology (https://valuechain.wiki/seagate.md)
- T1 Cerebras Systems (https://valuechain.wiki/cerebras.md)
- T1 Ambarella (https://valuechain.wiki/ambarella.md)
- T2 AeroVironment (https://valuechain.wiki/aerovironment.md)
- T1 Xiaomi (https://valuechain.wiki/xiaomi.md)
- T1 Realtek (https://valuechain.wiki/realtek.md)
- T1 Fortinet (https://valuechain.wiki/fortinet.md)
- T1 Will Semiconductor (https://valuechain.wiki/will-semiconductor.md)

## Supply chain (benefiting)
- T1 Applied Materials (https://valuechain.wiki/applied-materials.md)
- T2 MKS Instruments (https://valuechain.wiki/mks-instruments.md)
- T2 TCK (Tokai Carbon Korea) (https://valuechain.wiki/tck.md)
- T3 KC Tech (https://valuechain.wiki/kc-tech.md)
- T3 Tokai Carbon (https://valuechain.wiki/tokai-carbon.md)
- T2 Advanced Energy Industries (https://valuechain.wiki/advanced-energy.md)
- T2 Ichor Holdings (https://valuechain.wiki/ichor-holdings.md)
- T2 SMC Corporation (https://valuechain.wiki/smc.md)
- T1 Lam Research (https://valuechain.wiki/lam-research.md)
- T2 Wonik QnC (https://valuechain.wiki/wonik-qnc.md)
- T1 Siemens EDA (https://valuechain.wiki/siemens-eda.md)
- T2 Siemens AG (https://valuechain.wiki/siemens-ag.md)
- T3 Siemens Energy (https://valuechain.wiki/siemens-energy.md)
- T1 SCREEN Holdings (https://valuechain.wiki/screen-holdings.md)
- T1 JSR Corporation (https://valuechain.wiki/jsr.md)
- T2 Yokogawa Electric (https://valuechain.wiki/yokogawa-electric.md)
- T1 Lasertec (https://valuechain.wiki/lasertec.md)
- T1 Tokyo Ohka Kogyo (TOK) (https://valuechain.wiki/tokyo-ohka.md)
- T1 Disco Corporation (https://valuechain.wiki/disco.md)
- T1 Entegris (https://valuechain.wiki/entegris.md)
- T1 KLA (https://valuechain.wiki/kla.md)
- T1 Onto Innovation (https://valuechain.wiki/onto-innovation.md)
- T1 ASM International (https://valuechain.wiki/asm-international.md)
- T1 Resonac (https://valuechain.wiki/resonac.md)
- T1 Hitachi High-Tech (https://valuechain.wiki/hitachi-hightech.md)
- T2 Hitachi (https://valuechain.wiki/hitachi.md)
- T3 Hitachi Construction Machinery (https://valuechain.wiki/hitachi-construction-machinery.md)
- T1 BESI (https://valuechain.wiki/besi.md)
- T1 HPSP (https://valuechain.wiki/hpsp.md)
- T1 Tokyo Electron (TEL) (https://valuechain.wiki/tokyo-electron.md)
- T2 Hana Materials (https://valuechain.wiki/hana-materials.md)
- T3 Hana Micron (https://valuechain.wiki/hana-micron.md)
- T1 Shin-Etsu Chemical (https://valuechain.wiki/shin-etsu.md)
- T1 SUMCO Corporation (https://valuechain.wiki/sumco.md)
- T1 Synopsys (https://valuechain.wiki/synopsys.md)
- T1 Cadence Design Systems (https://valuechain.wiki/cadence.md)
- T1 GlobalWafers (https://valuechain.wiki/globalwafers.md)
- T1 Teradyne (https://valuechain.wiki/teradyne.md)
- T1 Advantest (https://valuechain.wiki/advantest.md)
- T1 Global Unichip (https://valuechain.wiki/global-unichip.md)
- T1 Ebara (https://valuechain.wiki/ebara.md)
- T1 Linde (https://valuechain.wiki/linde.md)
- T2 ExxonMobil (https://valuechain.wiki/exxonmobil.md)
- T3 Baker Hughes Company (https://valuechain.wiki/baker-hughes.md)
- T3 Air Liquide (https://valuechain.wiki/air-liquide.md)
- T3 Schlumberger (https://valuechain.wiki/schlumberger.md)
- T3 Kinder Morgan, Inc. (https://valuechain.wiki/kinder-morgan.md)
- T3 Honeywell Technologies (https://valuechain.wiki/honeywell-technologies.md)
- T3 Targa Resources Corp. (https://valuechain.wiki/targa-resources.md)
- T3 Texas Pacific Land Corporation (https://valuechain.wiki/texas-pacific-land.md)
- T1 Fujimi Incorporated (https://valuechain.wiki/fujimi.md)
- T1 Leeno Industrial (https://valuechain.wiki/leeno.md)
- T1 Photronics (https://valuechain.wiki/photronics.md)
- T2 Hoya Corporation (https://valuechain.wiki/hoya.md)
- T1 ASML (https://valuechain.wiki/asml.md)
- T2 Carl Zeiss SMT (https://valuechain.wiki/carl-zeiss-smt.md)
- T2 TRUMPF (https://valuechain.wiki/trumpf.md)
- T2 Parker-Hannifin Corporation (https://valuechain.wiki/parker-hannifin.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T1 Qnity Electronics (https://valuechain.wiki/qnity-electronics.md)
- T2 DuPont (https://valuechain.wiki/dupont.md)
- T3 International Flavors & Fragrances (https://valuechain.wiki/international-flavors-fragrances.md)
- T1 EO Technics (https://valuechain.wiki/eo-technics.md)

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Full node: https://valuechain.wiki/tsmc.md · JSON: https://valuechain.wiki/tsmc.json