Price movement over the last 24 hours
Alcon AG vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Alcon AG trades at $66.64 (market cap $32.69B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $440.08 (market cap $1.98T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 60.6× Alcon AG's market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays the higher dividend (0.88%). Which is the better fit depends on your goals.
| ALC | TSM | |
|---|---|---|
Market Cap | $32.69B | $1.98T |
Sector | Health | Technology |
52-Week High | $92.22 | $477.57 |
52-Week Low | $62.02 | $227.33 |
Enterprise Value | $36.28B | $1.90T |
Dividend Yield | 0.54% | 0.88% |
Trailing returns across standard periods
Latest headlines on both assets
Alcon, headquartered in Fort Worth, Texas, is the global eyecare leader with a diverse portfolio in ophthalmology including contact lenses, eye drops, surgical equipment, and related surgical products. Novartis purchased Alcon from Nestle in 2010 and, following nine years as a Novartis subsidiary, the company was spun off as a public company in April 2019. The company reports five distinct segments: implantables (16% of revenue), consumables (31%), equipment (9%), contact lenses (27%), and ocular health (17%). The company is geographically diversified, with only about 40% of revenue from the U.S. market, and the firm has a strong presence in the European Union and Japan.
Read more on ALC →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 →