diff --git a/Cargo.lock b/Cargo.lock
index 93a9196593..c31ad0ffef 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -400,6 +400,9 @@ name = "cc"
 version = "1.0.79"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "50d30906286121d95be3d479533b458f87493b30a4b5f79a607db8f5d11aa91f"
+dependencies = [
+ "jobserver",
+]
 
 [[package]]
 name = "cfg-if"
@@ -783,6 +786,7 @@ dependencies = [
  "walkdir",
  "winapi",
  "winres",
+ "zstd",
 ]
 
 [[package]]
@@ -2338,6 +2342,15 @@ version = "1.0.6"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "453ad9f582a441959e5f0d088b02ce04cfe8d51a8eaf077f12ac6d3e94164ca6"
 
+[[package]]
+name = "jobserver"
+version = "0.1.26"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "936cfd212a0155903bcbc060e316fb6cc7cbf2e1907329391ebadc1fe0ce77c2"
+dependencies = [
+ "libc",
+]
+
 [[package]]
 name = "js-sys"
 version = "0.3.61"
@@ -5635,3 +5648,33 @@ dependencies = [
  "syn 1.0.109",
  "synstructure",
 ]
+
+[[package]]
+name = "zstd"
+version = "0.11.2+zstd.1.5.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "20cc960326ece64f010d2d2107537f26dc589a6573a316bd5b1dba685fa5fde4"
+dependencies = [
+ "zstd-safe",
+]
+
+[[package]]
+name = "zstd-safe"
+version = "5.0.2+zstd.1.5.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "1d2a5585e04f9eea4b2a3d1eca508c4dee9592a89ef6f450c11719da0726f4db"
+dependencies = [
+ "libc",
+ "zstd-sys",
+]
+
+[[package]]
+name = "zstd-sys"
+version = "2.0.7+zstd.1.5.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "94509c3ba2fe55294d752b79842c530ccfab760192521df74a081a78d2b3c7f5"
+dependencies = [
+ "cc",
+ "libc",
+ "pkg-config",
+]
diff --git a/Cargo.toml b/Cargo.toml
index 1bc9589ec4..8d43b9338e 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -128,6 +128,7 @@ tokio-util = "0.7.4"
 tower-lsp = { version = "=0.17.0", features = ["proposed"] }
 url = { version = "2.3.1", features = ["serde", "expose_internals"] }
 uuid = { version = "1.3.0", features = ["v4"] }
+zstd = "=0.11.2"
 
 # crypto
 rsa = { version = "0.7.0", default-features = false, features = ["std", "pem"] }
@@ -228,6 +229,10 @@ opt-level = 3
 opt-level = 3
 [profile.bench.package.tokio]
 opt-level = 3
+[profile.bench.package.zstd]
+opt-level = 3
+[profile.bench.package.zstd-sys]
+opt-level = 3
 [profile.bench.package.base64-simd]
 opt-level = 3
 
@@ -296,5 +301,9 @@ opt-level = 3
 opt-level = 3
 [profile.release.package.tokio]
 opt-level = 3
+[profile.release.package.zstd]
+opt-level = 3
+[profile.release.package.zstd-sys]
+opt-level = 3
 [profile.release.package.base64-simd]
 opt-level = 3
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index 11110a78f1..f9214c999d 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -32,6 +32,7 @@ deno_core = { workspace = true, features = ["include_js_files_for_snapshotting"]
 regex.workspace = true
 serde.workspace = true
 serde_json.workspace = true
+zstd.workspace = true
 glibc_version = "0.1.2"
 
 [target.'cfg(windows)'.build-dependencies]
@@ -105,6 +106,7 @@ twox-hash = "=1.6.3"
 typed-arena = "=2.0.1"
 uuid = { workspace = true, features = ["serde"] }
 walkdir = "=2.3.2"
+zstd.workspace = true
 
 [target.'cfg(windows)'.dependencies]
 fwdansi.workspace = true
diff --git a/cli/build.rs b/cli/build.rs
index 251b30de26..ecd7ed1bea 100644
--- a/cli/build.rs
+++ b/cli/build.rs
@@ -270,7 +270,22 @@ mod ts {
         build_libs,
         path_dts,
       )],
+
+      // NOTE(bartlomieju): Compressing the TSC snapshot in debug build took
+      // ~45s on M1 MacBook Pro; without compression it took ~1s.
+      // Thus we're not not using compressed snapshot, trading off
+      // a lot of build time for some startup time in debug build.
+      #[cfg(debug_assertions)]
       compression_cb: None,
+
+      #[cfg(not(debug_assertions))]
+      compression_cb: Some(Box::new(|vec, snapshot_slice| {
+        eprintln!("Compressing TSC snapshot...");
+        vec.extend_from_slice(
+          &zstd::bulk::compress(snapshot_slice, 22)
+            .expect("snapshot compression failed"),
+        );
+      })),
       snapshot_module_load_cb: None,
     });
   }
diff --git a/cli/tsc/mod.rs b/cli/tsc/mod.rs
index 60ef1c5d63..43fccb37e5 100644
--- a/cli/tsc/mod.rs
+++ b/cli/tsc/mod.rs
@@ -52,8 +52,30 @@ pub use self::diagnostics::DiagnosticMessageChain;
 pub use self::diagnostics::Diagnostics;
 pub use self::diagnostics::Position;
 
-pub static COMPILER_SNAPSHOT: &[u8] =
-  include_bytes!(concat!(env!("OUT_DIR"), "/COMPILER_SNAPSHOT.bin"));
+pub static COMPILER_SNAPSHOT: Lazy<Box<[u8]>> = Lazy::new(
+  #[cold]
+  #[inline(never)]
+  || {
+    static COMPRESSED_COMPILER_SNAPSHOT: &[u8] =
+      include_bytes!(concat!(env!("OUT_DIR"), "/COMPILER_SNAPSHOT.bin"));
+
+    // NOTE(bartlomieju): Compressing the TSC snapshot in debug build took
+    // ~45s on M1 MacBook Pro; without compression it took ~1s.
+    // Thus we're not not using compressed snapshot, trading off
+    // a lot of build time for some startup time in debug build.
+    #[cfg(debug_assertions)]
+    return COMPRESSED_COMPILER_SNAPSHOT.to_vec().into_boxed_slice();
+
+    #[cfg(not(debug_assertions))]
+    zstd::bulk::decompress(
+      &COMPRESSED_COMPILER_SNAPSHOT[4..],
+      u32::from_le_bytes(COMPRESSED_COMPILER_SNAPSHOT[0..4].try_into().unwrap())
+        as usize,
+    )
+    .unwrap()
+    .into_boxed_slice()
+  },
+);
 
 pub fn get_types_declaration_file_text(unstable: bool) -> String {
   let mut assets = get_asset_texts_from_new_runtime()
@@ -115,7 +137,7 @@ fn get_asset_texts_from_new_runtime() -> Result<Vec<AssetText>, AnyError> {
 }
 
 pub fn compiler_snapshot() -> Snapshot {
-  Snapshot::Static(COMPILER_SNAPSHOT)
+  Snapshot::Static(&COMPILER_SNAPSHOT)
 }
 
 macro_rules! inc {