SMCI vs TSM: Which Is the Better Buy?
Side-by-side comparison of Super Micro Computer, Inc. and Taiwan Semiconductor Manufacturing Company Limited — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-18.
Super Micro Computer, Inc. · Technology
$28.56
+435.6% upside to fair value
Grade B
VS
Taiwan Semiconductor Manufacturing Company Limited · Technology
$365.90
-3.8% upside to fair value
Med Conviction
Grade B+
QuantHub Verdict
SMCI has more upside to fair value
(+435.6%).
SMCI trades at a lower forward P/E
(19.5x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
SMCI |
TSM |
| Current Price |
$28.56 |
$365.90 |
| Fair Value Estimate |
$152.97 |
$352.00 |
| Upside to Fair Value |
+435.6%
|
-3.8%
|
| Market Cap |
$17.1B |
$1,897.7B |
| Forward P/E |
19.5x
|
26.0x
|
| EV / EBITDA |
15.0x
|
18.1x
|
| Price / Sales |
0.6x
|
13.3x
|
| Price / FCF |
38.9x
|
54.0x
|
| Revenue Growth YoY |
+152.8%
|
+33.0%
|
| Gross Margin |
8.0%
|
59.9%
|
| Operating Margin |
3.7%
|
50.8%
|
| Return on Equity |
13.3%
|
35.1%
|
| Dividend Yield |
0% |
1.05% |
| FCF Yield |
2.57%
|
1.85%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
Super Micro Computer, Inc. is a technology company specializing in server and storage systems with a dominant focus on AI GPU platforms that now drive over 70% of its revenues. The company benefits from a founder-led management team with deep industry expertise and long tenure, and it has scaled rapidly with revenue growth exceeding 150% year-over-year. Despite this explosive growth, profitabilit…
TSMC remains the single most critical company in the global semiconductor supply chain, manufacturing virtually every leading-edge AI chip for NVIDIA, Apple, AMD, and the hyperscalers. The company delivered exceptional 2025 results with 33% revenue growth and 50% net income growth, driven by HPC surging to 55% of Q4 revenue. At the 3nm node, TSMC maintains production yields of 70-80% versus Samsu…
Accumulation Zones
| Metric |
SMCI |
TSM |
| Zone Low |
$114.73 |
$265.00 |
| Zone High |
$130.02 |
$310.00 |
| In Buy Zone? |
Yes
|
No
|