KLA Corp. vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? KLA Corp. trades at $204.94 (market cap $261.92B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $427.47 (market cap $1.93T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 7.4× KLA Corp.'s market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays the higher dividend (0.9%). Which is the better fit depends on your goals.
| KLAC | TSM | |
|---|---|---|
Market Cap | $261.92B | $1.93T |
Sector | Technology | Technology |
52-Week High | $301.71 | $477.57 |
52-Week Low | $84.39 | $227.33 |
Enterprise Value | $263.17B | $1.85T |
Dividend Yield | 0.46% | 0.9% |
Trailing returns across standard periods
Latest headlines on both assets
KLA designs and manufactures yield-management and process-monitoring diagnostic and control systems for the semiconductor manufacturing industry. The systems are used to analyze the manufacturing process at various steps in a semiconductor's development. The firm's laser-scanning products are used for wafer qualification, process monitoring, and equipment monitoring. KLA also provides inspection tools and systems for optical metrology and e-beam metrology.
Read more on KLAC →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 →