Is MU or TSM cheaper?

On trailing earnings, TSM is cheaper: MU trades at a 46.32 P/E and TSM at 35.24.

Which has grown faster, MU or TSM?

Over the past five years, TSM grew revenue faster — MU at a 20.34% CAGR versus TSM at 22.49%.

Does MU or TSM pay a bigger dividend?

MU yields 0.05% and TSM yields 0.83% based on trailing dividends and the latest price.

Is MU or TSM more profitable?

TSM runs the higher net margin — MU at 41.49% versus TSM at 46.90%.

Which has been the better investment, MU or TSM?

Over the past 10-year, MU delivered the higher annualized total return — MU at 55.52% versus TSM at 35.19%. Past performance doesn't predict future results.

Micron Technology, Inc. (MU) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)

TSM leads on 13 of 16 compared metrics.

A side-by-side comparison of Micron Technology, Inc. and Taiwan Semiconductor Manufacturing Company Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Micron Technology, Inc.

$1.11T

$981.61Technology

TSM

Taiwan Semiconductor Manufacturing Company Limited

$2.20T

$423.93Technology

Total return — MU vs TSM

growth of $100 · last 29y

MU +5180.3%TSM +7621.9%TSM compounded faster

MU TSM

MU vs TSM: by the numbers

•TSM is the larger company ($2.20T vs $1.11T market cap).
•TSM trades at the lower earnings multiple (35.24 vs 46.32 P/E).
•TSM converts more revenue to profit (46.90% vs 41.49% net margin).
•TSM grew revenue faster over the past five years (22.49% vs 20.34% CAGR).
•TSM pays the higher dividend yield (0.83% vs 0.05%).

Which is better, MU or TSM?

Metric tally: MU 3 · TSM 13

It depends on what you're optimizing for:

ValueTSM(lower P/E)

GrowthTSM(faster 5Y revenue CAGR)

IncomeTSM(higher dividend yield)

QualityTSM(higher ROIC)

Valuation

Metric	MU	TSM
P/E ratio	46.32	35.24●
P/S ratio	19.25	16.45●
P/B ratio	15.44	11.92●
PEG ratio	0.02●	0.64
EV / EBITDA	30.08	20.78●
FCF yield	0.92%	1.62%●

Profitability

Metric	MU	TSM
Gross margin	58.44%	61.78%●
Operating margin	48.52%	53.15%●
Net margin	41.49%	46.90%●
ROE	33.28%	33.98%●
ROIC	12.12%	25.10%●

Dividends

Metric	MU	TSM
Dividend yield	0.05%	0.83%●
Payout ratio	6.47%	33.09%

Growth (annualized)

Metric	MU	TSM
Revenue CAGR (5Y)	20.34%	22.49%●
EPS CAGR (5Y)	5.12%	25.67%●
FCF CAGR (5Y)	140.90%●	30.09%
Total return CAGR (5Y)	66.18%●	30.87%

Frequently asked

Which is better, MU or TSM?: It depends on your goal. value: TSM (lower P/E); growth: TSM (faster 5Y revenue CAGR); income: TSM (higher dividend yield); quality: TSM (higher ROIC). Across all compared metrics, TSM leads 13 to 3.
Is MU or TSM cheaper?: On trailing earnings, TSM is cheaper: MU trades at a 46.32 P/E and TSM at 35.24.
Which has grown faster, MU or TSM?: Over the past five years, TSM grew revenue faster — MU at a 20.34% CAGR versus TSM at 22.49%.
Does MU or TSM pay a bigger dividend?: MU yields 0.05% and TSM yields 0.83% based on trailing dividends and the latest price.
Is MU or TSM more profitable?: TSM runs the higher net margin — MU at 41.49% versus TSM at 46.90%.
Which has been the better investment, MU or TSM?: Over the past 10-year, MU delivered the higher annualized total return — MU at 55.52% versus TSM at 35.19%. Past performance doesn't predict future results.

Go deeper

Full MU analysis Full TSM analysis Interactive comparison tool

Dig into the metrics

Micron Technology P/E ratio Taiwan Semiconductor Manufacturing P/E ratio Micron Technology dividend yield Taiwan Semiconductor Manufacturing dividend yield Micron Technology ROE Taiwan Semiconductor Manufacturing ROE Micron Technology operating margin Taiwan Semiconductor Manufacturing operating margin Micron Technology revenue growth Taiwan Semiconductor Manufacturing revenue growth Micron Technology free cash flow Taiwan Semiconductor Manufacturing free cash flow

Micron Technology & Taiwan Semiconductor Manufacturing appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.