Albemarle Corp. vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Albemarle Corp. trades at $131.06 (market cap $15.27B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $427.52 (market cap $1.93T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 126.4× Albemarle Corp.'s market cap, and Albemarle Corp. pays the higher dividend (1.27%). Which is the better fit depends on your goals.
| ALB | TSM | |
|---|---|---|
Market Cap | $15.27B | $1.93T |
Sector | Basic Materials | Technology |
52-Week High | $215.62 | $477.57 |
52-Week Low | $72.58 | $227.33 |
Enterprise Value | $17.75B | $1.85T |
Dividend Yield | 1.27% | 0.9% |
Trailing returns across standard periods
Latest headlines on both assets
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 57% market share in 2021 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.
Read more on TSM →