Taiwan Semiconductor Mfg. Co. Ltd. vs Zscaler Inc — how do they compare? Taiwan Semiconductor Mfg. Co. Ltd. trades at $425 (market cap $1.88T), while Zscaler Inc trades at $148.6 (market cap $24.23B). The key difference: Taiwan Semiconductor Mfg. Co. Ltd. is far larger — about 77.6× Zscaler Inc's market cap, and Taiwan Semiconductor Mfg. Co. Ltd. pays a 0.94% dividend while Zscaler Inc pays none. Which is the better fit depends on your goals.
| TSM | ZS | |
|---|---|---|
Market Cap | $1.88T | $24.23B |
Sector | Technology | Technology |
52-Week High | $477.57 | $336.27 |
52-Week Low | $227.33 | $118.05 |
Enterprise Value | $1.81T | $22.55B |
Dividend Yield | 0.94% | — |
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 →Zscaler is a security-as-a-service firm that offers its customers cloud-delivered solutions for protecting user devices and data. The firm leverages its position in 150 colocation data centers to deliver traditionally appliance-based security functionality, such as firewalls and sandboxes, as a completely cloud-native platform. The firm focuses on large enterprise customers and offers two primary product suites: Zscaler Internet Access, which securely connects users to externally managed application and websites (such as Salesforce and Google), and Zscaler Private Access, which securely connects users to internally managed applications. Both product suites encompass a broad gamut of capabilities situated across the traditional security stack.
Read more on ZS →