Taiwan Semiconductor Mfg. Co. Ltd. vs Western Digital Corp — how do they compare? Taiwan Semiconductor Mfg. Co. Ltd. trades at $424.89 (market cap $1.88T), while Western Digital Corp trades at $550.46 (market cap $168.00B). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 11.2× Western Digital Corp's market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays the higher dividend (0.94%). Which is the better fit depends on your goals.
| TSM | WDC | |
|---|---|---|
Market Cap | $1.88T | $168.00B |
Sector | Technology | Technology |
52-Week High | $477.57 | $746.23 |
52-Week Low | $227.33 | $67.06 |
Enterprise Value | $1.81T | $166.35B |
Dividend Yield | 0.94% | 0.12% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Western Digital is a vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.
Read more on WDC →