S&P Global Inc vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? S&P Global Inc trades at $408.3 (market cap $120.48B), 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 16× S&P Global Inc's market cap, and S&P Global Inc pays the higher dividend (0.95%). Which is the better fit depends on your goals.
| SPGI | TSM | |
|---|---|---|
Market Cap | $120.48B | $1.93T |
Sector | Financials | Technology |
52-Week High | $534.79 | $477.57 |
52-Week Low | $370.42 | $227.33 |
Enterprise Value | $131.97B | $1.85T |
Dividend Yield | 0.95% | 0.9% |
Trailing returns across standard periods
Latest headlines on both assets
S&P Global provides data and benchmarks to capital and commodity market participants. In 2021 and excluding IHS Markit, S&P Ratings was over 45% of the firm's revenue and over 55% of the firm's operating income. S&P Ratings is the largest credit rating agency in the world. The firm's other segments include Market Intelligence, Indices, and Platts. Market Intelligence provides desktop tools and other data solutions to investment banks, corporations, and other entities. Indices provides benchmarks for financial markets and is monetized through subscriptions, asset-based fees, and transaction-based royalties. Platts provides benchmarks to commodity markets, principally petroleum.
Read more on SPGI →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 →