Broadcom (AVGO) vs Taiwan Semiconductor Manufacturing (TSM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Taiwan Semiconductor Manufacturing (TSM) has outperformed Broadcom (AVGO) over the past year, gaining 60.6% versus a gain of 11.9%. Over five years, AVGO leads with a +648.2% price change compared with +311.1% for TSM. Taiwan Semiconductor Manufacturing is the larger company by market cap ($2.37 trillion vs $1.73 trillion), about 1.4 times the size.
On valuation, Broadcom trades at a lower forward P/E (18.7x vs 20.8x for Taiwan Semiconductor Manufacturing). Taiwan Semiconductor Manufacturing offers the higher dividend yield (5.70% vs 0.72%). Taiwan Semiconductor Manufacturing converts more of its revenue into profit, with a net margin of 40.0% versus 36.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AVGO | TSM |
|---|---|---|
| Share price | $362.04 | $456.53 |
| Market cap | $1.73T | $2.37T |
| 1-day change | -3.84% | -3.32% |
| YTD return | +8.79% | +55.39% |
| 1-year return | +11.92% | +60.60% |
| 5-year return | +648.16% | +311.11% |
| P/E ratio (TTM) | 46.24 | 33.18 |
| Forward P/E | 18.67 | 20.82 |
| EPS (TTM) | $7.83 | $13.76 |
| Dividend yield | 0.72% | 5.70% |
| Annual dividend | $2.60 | $26.00 |
| Revenue (latest FY) | $63.89B | $88.27B |
| Revenue growth (YoY) | +23.87% | +25.03% |
| Net income (latest FY) | $23.13B | $35.33B |
| Gross margin | 67.77% | 56.12% |
| Operating margin | 39.89% | 45.68% |
| Net margin | 36.20% | 40.02% |
| 52-week high | $495.00 | $487.47 |
| 52-week low | $289.96 | $266.82 |
| Distance from 52-week high | -26.86% | -6.35% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +46.75% | +21.57% |
| Average volume | 22.36M | 11.31M |
| Shares outstanding | 4.77B | 5.19B |
| Employees | 33,000 | 76,907 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TSM has outperformed AVGO by 48.7 percentage points over the past year.
- Broadcom trades at a higher earnings multiple (46.2x vs 33.2x trailing P/E).
- Taiwan Semiconductor Manufacturing offers a meaningfully higher dividend yield (5.70% vs 0.72%).
About Broadcom
AVGO stock →Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.
Technology · Semiconductors · 33,000 employees
About Taiwan Semiconductor Manufacturing
TSM stock →Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.
Technology · Semiconductors · 76,907 employees
AVGO vs TSM FAQ
Which is bigger, Broadcom or Taiwan Semiconductor Manufacturing?
Taiwan Semiconductor Manufacturing (TSM) is larger, with a market capitalization of $2.37T compared with $1.73T for Broadcom (AVGO).
Which stock has performed better over the past year, AVGO or TSM?
TSM returned +60.60% over the past 12 months, compared with +11.92% for AVGO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AVGO or TSM?
TSM has the lower trailing P/E at 33.2, versus 46.2 for AVGO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Broadcom or Taiwan Semiconductor Manufacturing?
Taiwan Semiconductor Manufacturing has the higher yield at 5.70%, compared with 0.72% for Broadcom.
Are Broadcom and Taiwan Semiconductor Manufacturing in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.