National Grid Transco PLC National Grid PLC (NEW) American Depositary Shares vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? National Grid Transco PLC National Grid PLC (NEW) American Depositary Shares trades at $79.43 (market cap $78.99B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $412.35 (market cap $2.01T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 25.4× National Grid Transco PLC National Grid PLC (NEW) American Depositary Shares's market cap, and National Grid Transco PLC National Grid PLC (NEW) American Depositary Shares pays the higher dividend (4.13%). Which is the better fit depends on your goals.
| NGG | TSM | |
|---|---|---|
Market Cap | $78.99B | $2.01T |
Volume | 740,402 | 14,977,146 |
Sector | Utilities | Technology |
52-Week High | $93.93 | $485.80 |
52-Week Low | $73.54 | $275.06 |
Enterprise Value | $137.22B | $1.93T |
Dividend Yield | 4.13% | 0.94% |
Typical Hold Time | — | 111 Days |
Signals from Pluang's Aura AI — not financial advice
National Grid (NGG) trades at $78.23, up 1.44% on the day, with a market cap of approximately $48.3 billion. The stock shows stable technicals near its consensus price target of $79.25. Fundamentally, it maintains strong profitability with an 18.32% net income margin and has beaten EPS estimates in recent quarters. Recent news highlights institutional buying and a focus on grid innovation, including AI adoption.
Outlook is cautiously positive with upside to the high target of $85.50, supported by earnings momentum and strategic investments. Risks include high debt levels and regulatory pressures. Analyst consensus leans buy (55%), but hold ratings reflect concerns over capital intensity and macroeconomic sensitivity.
Taiwan Semiconductor Manufacturing (TSM) trades at $445.12, up 0.17% on the day, with a bearish technical signal but strong fundamentals. The company has beaten EPS estimates for three consecutive quarters, with Q3 2026 results pending. Revenue and net income have shown robust growth, reaching $3.81 trillion and $1.70 trillion in 2025, respectively. Analyst sentiment is overwhelmingly positive, with a consensus price target of $578.43 and 72% buy ratings. Recent news highlights TSM's critical role in AI chip manufacturing and potential price increases.
The outlook for TSM remains favorable due to its dominant market position, expanding profit margins, and strong cash flow generation. Key risks include geopolitical tensions in Taiwan, competitive pressures, and high valuation multiples. The stock presents a long-term growth opportunity driven by AI demand, but investors should monitor execution risks and macroeconomic factors.
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National Grid plc is a British utility company that owns and operates electricity and gas transmission networks in Great Britain, and through its US Regulated business, operates electricity and gas transmission and distribution networks serving customers in New York and Massachusetts. Its shares trade on the NYSE as American Depositary Shares under the ticker NGG.
Read more on NGG →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.
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