Okta, Inc. vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Okta, Inc. trades at $136.54 (market cap $24.63B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $422.8 (market cap $1.93T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 78.4× Okta, Inc.'s market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.89% dividend while Okta, Inc. pays none. Which is the better fit depends on your goals.
| OKTA | TSM | |
|---|---|---|
Market Cap | $24.63B | $1.93T |
Sector | Technology | Technology |
52-Week High | $154.62 | $477.57 |
52-Week Low | $62.93 | $227.33 |
Enterprise Value | $22.45B | $1.86T |
Dividend Yield | — | 0.89% |
Trailing returns across standard periods
Latest headlines on both assets
Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Read more on OKTA →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 →