Filing Flows › Comparisons › NVDA vs TSM
NVIDIA vs Taiwan Semiconductor Manufacturing: NVDA and TSM compared
NVIDIA is the larger company: $96.2B of revenue in its latest quarter (Q2 FY27) against $2.89T for Taiwan Semiconductor Manufacturing (FY2024). NVIDIA is growing faster (+106% against +34% a year earlier). NVIDIA is more profitable, with an operating margin of 66.2% against 45.7%.
Where the money goes: NVDA and TSM
NVIDIA (NVDA) · Q2 FY27
NVIDIA, Q2 FY27: revenue $96.2B (+106% year over year), operating margin 66.2%, net earnings $59.7B, operating cash flow $24.1B. The chart follows the revenue to costs, profit and cash.
Taiwan Semiconductor Manufacturing (TSM) · FY2024
Taiwan Semiconductor Manufacturing, FY2024: revenue $2.89T (+34% year over year), operating margin 45.7%, net earnings $1.16T, operating cash flow $1.83T. The chart follows the revenue to costs, profit and cash.
| NVIDIA (NVDA) | Taiwan Semiconductor Manufacturing (TSM) | |
|---|---|---|
| Latest quarter | Q2 FY27 | FY2024 |
| Revenue | $96.2B | $2.89T |
| Revenue growth, Y/Y | +106% | +34% |
| Gross margin | 75.0% | 56.1% |
| Operating margin | 66.2% | 45.7% |
| Net earnings | $59.7B | $1.16T |
| Net margin | 62.0% | 40.0% |
| Operating cash flow | $24.1B | $1.83T |
| Free cash flow | $21.4B | $870.2B |
| Market value | $4.41T | — |
| P/E | 22.9× | — |
| Analysts’ mean target | $327.14 | — |
Where the revenue comes from
NVIDIA
- Data Center: $89.0B (93%)
- Edge Computing: $7.2B (7%)
Questions
Which is bigger, NVIDIA or Taiwan Semiconductor Manufacturing?
NVIDIA is the larger company: $96.2B of revenue in its latest quarter (Q2 FY27) against $2.89T for Taiwan Semiconductor Manufacturing (FY2024).
Is NVIDIA or Taiwan Semiconductor Manufacturing growing faster?
NVIDIA is growing faster (+106% against +34% a year earlier).
Which is more profitable, NVIDIA or Taiwan Semiconductor Manufacturing?
NVIDIA is more profitable, with an operating margin of 66.2% against 45.7%.
More: NVIDIA earnings · how NVIDIA makes money · Taiwan Semiconductor Manufacturing earnings · how Taiwan Semiconductor Manufacturing makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 26, 2026; 20-F filed Apr 17, 2025). Fiscal quarters can end on different dates. Not investment advice.