Filing Flows › Comparisons › MU vs TSM
Micron Technology vs Taiwan Semiconductor Manufacturing: MU and TSM compared
Micron Technology is the larger company: $54.2B of revenue in its latest quarter (Q4 FY26) against $1.27T for Taiwan Semiconductor Manufacturing (Q2 2026). Micron Technology is more profitable, with an operating margin of 80.7% against 60.3%.
Where the money goes: MU and TSM
Micron Technology (MU) · Q4 FY26
Micron Technology, Q4 FY26: revenue $54.2B (+379% year over year), operating margin 80.7%, net earnings $37.7B, operating cash flow $44.0B. The chart follows the revenue to costs, profit and cash.
Taiwan Semiconductor Manufacturing (TSM) · Q2 2026
Taiwan Semiconductor Manufacturing, Q2 2026: revenue $1.27T, operating margin 60.3%, net earnings $706.8B. The chart follows the revenue to costs, profit and cash.
| Micron Technology (MU) | Taiwan Semiconductor Manufacturing (TSM) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q2 2026 |
| Revenue | $54.2B | $1.27T |
| Revenue growth, Y/Y | +379% | — |
| Gross margin | 86.8% | 67.7% |
| Operating margin | 80.7% | 60.3% |
| Net earnings | $37.7B | $706.8B |
| Net margin | 69.5% | 55.6% |
| Operating cash flow | $44.0B | — |
| Free cash flow | $32.9B | — |
| Market value | $751.6B | — |
| P/E | 8.8× | — |
| Analysts’ mean target | $1561.91 | — |
Where the revenue comes from
Micron Technology
- DRAM: $39.8B (73%)
- NAND: $14.1B (26%)
- Other (primarily NOR): $356M (1%)
Questions
Which is bigger, Micron Technology or Taiwan Semiconductor Manufacturing?
Micron Technology is the larger company: $54.2B of revenue in its latest quarter (Q4 FY26) against $1.27T for Taiwan Semiconductor Manufacturing (Q2 2026).
Is Micron Technology or Taiwan Semiconductor Manufacturing growing faster?
Micron Technology is more profitable, with an operating margin of 80.7% against 60.3%.
More: Micron Technology earnings · how Micron Technology makes money · Taiwan Semiconductor Manufacturing earnings · how Taiwan Semiconductor Manufacturing makes money
From the companies' latest 10-Q, 10-K or earnings release (10-K filed Oct 9, 2026; 6-K filed Aug 11, 2026). Fiscal quarters can end on different dates. Not investment advice.