Dolby Laboratories, Inc. vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Dolby Laboratories, Inc. trades at $60.91 (market cap $5.75B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $427.34 (market cap $1.93T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 335.7× Dolby Laboratories, Inc.'s market cap, and Dolby Laboratories, Inc. pays the higher dividend (2.35%). Which is the better fit depends on your goals.
| DLB | TSM | |
|---|---|---|
Market Cap | $5.75B | $1.93T |
Sector | Industrials | Technology |
52-Week High | $75.62 | $477.57 |
52-Week Low | $48.51 | $227.33 |
Enterprise Value | $5.12B | $1.85T |
Dividend Yield | 2.35% | 0.9% |
Trailing returns across standard periods
Latest headlines on both assets
Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
Read more on DLB →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 →