LIVE
TSM
Taiwan Semiconductor Manufacturing Company Limited · Technology
$420.67
-4.70% this month
VERSUS
⟷
COMPARE
GFS
GlobalFoundries Inc. · Technology
$63.39
-22.11% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
TSM
4
GFS
0
Comparison scoreboard
TSM LEADS 4/5AI Score
TSM ✓78.0
GFS 33.0
1Y Return
TSM ✓+79.50%
GFS +53.75%
Fwd P/E
TSM ✓20.73
GFS 27.31
Target Up.
TSM ✓+18.44%
GFS +17.44%
Op. Margin
TSM N/A
GFS 11.02%
Metrics last refreshed: 7/15/2026
Quick take
TSM vs GFS: TSMC vs GlobalFoundries Stock Comparison: AI Score, Valuation, Performance and Upside
TSMC is the world's only advanced logic foundry capable of manufacturing AI chips at 3nm and below, while GlobalFoundries is a specialty foundry focused on mature-node analog, RF, and automotive chips primarily in the US. TSMC has the most valuable competitive position in all of semiconductors; GlobalFoundries has the most strategic US-domestic semiconductor manufacturing position.
TSM vs GFS is the world's most advanced and essential semiconductor foundry versus a US-centric specialty foundry at mature nodes — TSMC wins if AI chip demand continues requiring the world's most advanced logic; GlobalFoundries wins if CHIPS Act reshoring, defense procurement, and automotive mature-node recovery compound.
Live analysis · updated 7/15/2026
TSM holds the edge across 4 of 5 key metrics in this comparison. TSM leads on both 1-year return (+79.50%) and forward P/E quality (20.73x vs 27.31x for GFS), a relatively favorable combination of momentum and valuation. Analyst consensus implies similar upside for both: +18.44% for TSM and +17.44% for GFS.
Normalized 1Y performance
TSM
GFS
Recent returns
TSM
GFS
Analyst price targets & sentiment
TSM · 18 analysts
STRONG BUYHOLDSTRONG SELL
Strong Buy (1.5/5.0)
Price target range
analyst low$354.00
analyst high$700.00
analyst mean$498.24
current price$420.67
+18.4% upside to analyst mean
GFS · 20 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.3/5.0)
Price target range
analyst low$35.00
analyst mean$81.00
current price$63.39
+17.4% upside to analyst mean
Who should consider this stock?
TSM may suit investors who:
- →want the world's most essential semiconductor manufacturer with a monopoly on advanced logic production
- →value TSMC's AI chip demand through NVIDIA, AMD, and Apple as the primary growth driver
- →are comfortable with Taiwan geopolitical risk in exchange for exposure to the most critical semiconductor company
- →prefer TSMC's growing geographic diversification (Arizona, Japan, Germany fabs) as a long-term risk reduction
GFS may suit investors who:
- →want US-domestic semiconductor manufacturing exposed to CHIPS Act reshoring investment
- →value GlobalFoundries' specialty analog, RF, and automotive node expertise at mature processes
- →believe defense semiconductor demand and CHIPS Act funding are significant structural tailwinds for US foundries
- →prefer a lower-risk, lower-valuation foundry with no leading-edge geopolitical exposure vs TSMC's Taiwan concentration
Performance & AI score
| Metric | TSM | GFS |
|---|---|---|
| AI score | 78.0 | 33.0 |
| AI rank | #13 | #2039 |
| Latest close | $420.67 | $63.39 |
| 1M return | -4.70% | -22.11% |
| 6M return | +27.67% | +58.91% |
| 1Y return | +79.50% | +53.75% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | TSM | GFS |
|---|---|---|
| 1Y ago | $18.15K (+81.5%) started 2025-07-15 | $15.71K (+57.1%) started 2025-07-14 |
| 5Y ago | $42.26K (+322.6%) started 2021-07-15 | $13.66K (+36.6%) started 2021-10-28 |
| 10Y ago | $252.65K (+2426.5%) started 2016-07-15 | $13.66K (+36.6%) started 2021-10-28 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | TSM | GFS |
|---|---|---|
| Market cap | $2.18T | $37.84B |
| Trailing P/E | 36.52 | 49.62 |
| Forward P/E | 20.73 | 27.31 |
| Price/Sales | 0.53 | 3.08 |
| EV/Revenue | 3.70 | 5.35 |
| Analyst target | $498.24 | $81.00 |
| Target upside | +18.44% | +17.44% |
Growth, profitability & risk
| Metric | TSM | GFS |
|---|---|---|
| Revenue growth | 35.10% | 3.10% |
| Earnings growth | 58.40% | -52.50% |
| EPS growth | +58.40% | -52.50% |
| FCF margin | +17.52% | +17.44% |
| Operating margin | N/A | 11.02% |
| Profit margin | 46.51% | 11.37% |
| ROIC proxy | 36.21% | 6.83% |
| Return on equity | 36.21% | 6.83% |
| Dividend yield | 0.90% | 0.69% |
| Beta | 1.25 | 1.76 |
| Debt/equity | 18.45 | 14.68 |
| Current ratio | 2.49 | 2.59 |
| Quick ratio | 2.19 | 1.84 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
TSM max drawdown18.14%
GFS max drawdown29.54%
TSM max wkly drop10.46%
GFS max wkly drop18.90%
5Y risk snapshot
TSM max drawdown56.47%
GFS max drawdown61.53%
TSM max wkly drop16.17%
GFS max wkly drop23.06%
10Y risk snapshot
TSM max drawdown56.47%
GFS max drawdown61.53%
TSM max wkly drop16.17%
GFS max wkly drop23.06%
Performance metrics by period
| Period | Metric | TSM | GFS |
|---|---|---|---|
| 1Y | Growth | +79.50% | +57.10% |
| CAGR | +79.57% | +57.20% | |
| Sharpe ratio | 1.58 | 1.00 | |
| Max drawdown | 18.14% | 29.54% | |
| Max daily drop | 6.98% | 10.83% | |
| Max wkly drop | 10.46% | 18.90% | |
| 5Y | Growth | +288.29% | +36.62% |
| CAGR | +31.17% | +6.85% | |
| Sharpe ratio | 0.79 | 0.30 | |
| Max drawdown | 56.47% | 61.53% | |
| Max daily drop | 13.33% | 10.83% | |
| Max wkly drop | 16.17% | 23.06% | |
| 10Y | Growth | +1859.04% | +36.62% |
| CAGR | +34.65% | +6.85% | |
| Sharpe ratio | 0.91 | 0.30 | |
| Max drawdown | 56.47% | 61.53% | |
| Max daily drop | 14.03% | 10.83% | |
| Max wkly drop | 16.17% | 23.06% |
Business comparison
| Category | TSM | GFS |
|---|---|---|
| Company | Taiwan Semiconductor Manufacturing Company Limited | GlobalFoundries Inc. |
| Sector | Technology | Technology |
| Industry | N/A | Semiconductors |
| Core business | World's largest and most advanced semiconductor foundry manufacturing chips for Apple, NVIDIA, AMD, Qualcomm, and virtually every leading semiconductor company. TSMC's 3nm, 2nm, and 1.4nm nodes are the most advanced in the world. | Specialty semiconductor foundry focused on mature-node chips for automotive, RF communications, IoT, smart devices, and defense. GlobalFoundries does not compete in sub-5nm leading-edge logic — it focuses on 12nm–65nm node manufacturing. |
| Investor focus | CoWoS advanced packaging capacity for AI chips, N2/N3 leading-edge node revenue ramp, US (TSMC Arizona) and Japan fab expansion, and NVIDIA AI chip production. | Automotive and RF semiconductor demand recovery, US CHIPS Act capacity expansion investments, long-term supply agreements with customers, and profitability improvement. |
TSM strengths
- →TSMC is the world's only manufacturer capable of producing cutting-edge chips below 5nm at commercial scale — a global monopoly on advanced logic production
- →AI chip demand (NVIDIA, AMD, Apple) is driving record CoWoS advanced packaging and leading-edge node demand
- →TSMC's customer relationships with every major fabless semiconductor company are deeply embedded across multi-year product planning cycles
GFS strengths
- →GlobalFoundries' US manufacturing facilities (NY, VT) make it the largest US-headquartered semiconductor foundry — uniquely positioned for CHIPS Act funding and defense semiconductor procurement
- →Specialty analog, RF, and automotive nodes require manufacturing expertise that GlobalFoundries has invested in for decades
- →Long-term supply agreements with automotive and RF customers provide revenue visibility independent of spot foundry market dynamics
Risks to watch — TSM
- →Geopolitical risk from Taiwan's proximity to China creates supply chain concentration concern — US and Japan fabs are being built to diversify
- →Leading-edge node capital intensity is enormous — TSMC's capex is $35B+ per year and rising with AI demand
- →Intel Foundry Services and Samsung Foundry are expanding competitive alternatives to TSMC for leading-edge logic
Risks to watch — GFS
- →Mature-node semiconductor inventory correction has significantly reduced utilization and revenue across 2023-2024
- →TSMC, Samsung, and SMIC also produce mature-node chips — foundry competition is intense at 12nm and above
- →GlobalFoundries is not growing into leading-edge AI chip demand — its specialty node focus limits participation in the largest semiconductor growth opportunity
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