Teradyne, Inc. vs Taiwan Semiconductor Mfg. Co. Ltd. — how do they compare? Teradyne, Inc. trades at $388.21 (market cap $57.08B), while Taiwan Semiconductor Mfg. Co. Ltd. trades at $427.76 (market cap $1.91T). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 33.5× Teradyne, Inc.'s market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays the higher dividend (0.91%). Which is the better fit depends on your goals.
| TER | TSM | |
|---|---|---|
Market Cap | $57.08B | $1.91T |
Sector | Technology | Technology |
52-Week High | $483.84 | $477.57 |
52-Week Low | $109.30 | $227.33 |
Enterprise Value | $56.83B | $1.84T |
Dividend Yield | 0.14% | 0.91% |
Trailing returns across standard periods
Latest headlines on both assets
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing, which made up 71% of 2021 sales. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Read more on TER →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 →