Marvell Technology (MRVL) 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
Marvell Technology (MRVL) has outperformed Taiwan Semiconductor Manufacturing (TSM) over the past year, gaining 227.3% versus a gain of 60.6%. Over five years, MRVL leads with a +333.6% price change compared with +311.1% for TSM. Taiwan Semiconductor Manufacturing is the larger company by market cap ($2.38 trillion vs $246.84 billion), about 9.6 times the size, while Marvell Technology is growing revenue faster (+42.1% vs +25.0%).
On valuation, Taiwan Semiconductor Manufacturing trades at a lower forward P/E (20.9x vs 37.7x for Marvell Technology). Taiwan Semiconductor Manufacturing offers the higher dividend yield (5.68% vs 0.09%). Taiwan Semiconductor Manufacturing converts more of its revenue into profit, with a net margin of 40.0% versus 32.6%.
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 | MRVL | TSM |
|---|---|---|
| Share price | $274.66 | $457.99 |
| Market cap | $246.84B | $2.38T |
| 1-day change | -3.52% | -3.01% |
| YTD return | +235.00% | +55.39% |
| 1-year return | +227.33% | +60.60% |
| 5-year return | +333.63% | +311.11% |
| P/E ratio (TTM) | 90.35 | 33.28 |
| Forward P/E | 37.71 | 20.89 |
| EPS (TTM) | $3.04 | $13.76 |
| Dividend yield | 0.09% | 5.68% |
| Annual dividend | $0.24 | $26.00 |
| Revenue (latest FY) | $8.19B | $88.27B |
| Revenue growth (YoY) | +42.09% | +25.03% |
| Net income (latest FY) | $2.67B | $35.33B |
| Gross margin | 51.02% | 56.12% |
| Operating margin | 16.14% | 45.68% |
| Net margin | 32.58% | 40.02% |
| 52-week high | $329.88 | $487.47 |
| 52-week low | $70.69 | $266.82 |
| Distance from 52-week high | -16.74% | -6.05% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +20.21% | +21.18% |
| Average volume | 22.28M | 11.31M |
| Shares outstanding | 876.93M | 5.19B |
| Employees | 7,480 | 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
- Taiwan Semiconductor Manufacturing is about 9.6 times larger than Marvell Technology by market value ($2.38T vs $246.84B).
- MRVL has outperformed TSM by 166.7 percentage points over the past year.
- Marvell Technology trades at a higher earnings multiple (90.3x vs 33.3x trailing P/E).
- Taiwan Semiconductor Manufacturing offers a meaningfully higher dividend yield (5.68% vs 0.09%).
- Taiwan Semiconductor Manufacturing is more profitable, keeping 40.0 cents of every revenue dollar as net income versus 32.6 cents for Marvell Technology.
- Marvell Technology grew revenue faster in its latest fiscal year (+42.09% vs +25.03%).
About Marvell Technology
MRVL stock →Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions and spanning the data center core to network edge in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, Vietnam, and internationally. The company develops and scales system-on-a-chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.
Technology · Semiconductors · 7,480 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
MRVL vs TSM FAQ
Which is bigger, Marvell Technology or Taiwan Semiconductor Manufacturing?
Taiwan Semiconductor Manufacturing (TSM) is larger, with a market capitalization of $2.38T compared with $246.84B for Marvell Technology (MRVL).
Which stock has performed better over the past year, MRVL or TSM?
MRVL returned +227.33% over the past 12 months, compared with +60.60% for TSM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MRVL or TSM?
TSM has the lower trailing P/E at 33.3, versus 90.3 for MRVL. 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, Marvell Technology or Taiwan Semiconductor Manufacturing?
Taiwan Semiconductor Manufacturing has the higher yield at 5.68%, compared with 0.09% for Marvell Technology.
Are Marvell Technology and Taiwan Semiconductor Manufacturing in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.