Solaredge Technologies Inc vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Solaredge Technologies Inc trades at $50.23 (market cap $2.96B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $424.89 (market cap $1.88T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 635.1× Solaredge Technologies Inc's market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.94% dividend while Solaredge Technologies Inc pays none. Which is the better fit depends on your goals.
| SEDG | TSM | |
|---|---|---|
Market Cap | $2.96B | $1.88T |
Sector | Technology | Technology |
52-Week High | $78.51 | $477.57 |
52-Week Low | $24.42 | $227.33 |
Enterprise Value | $2.89B | $1.81T |
Dividend Yield | — | 0.94% |
Trailing returns across standard periods
Latest headlines on both assets
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Read more on SEDG →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 →