Advanced Micro Devices vs Nvidia (AMD vs NVDA)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Nvidia is the larger company by revenue ($215.9B vs $34.6B) and market value ($4.9T vs $909.7B). Nvidia has grown revenue faster over the last 4 fiscal years (+702.3% cumulative vs +110.8%). Nvidia runs the higher operating margin (60.4% vs 10.7%). Nvidia trades at the lower trailing P/E (31.7x vs 185.3x).
About Advanced Micro Devices
Advanced Micro Devices Inc (AMD) designs and manufactures high-performance computing products including CPUs, GPUs, APUs, and SoCs for various markets. Its products serve data centers, client computing, gaming, and embedded systems, providing solutions for AI infrastructure, cloud computing, gaming, and industrial applications. AMD also develops software stacks and offers customized solutions to support AI and high-performance computing workloads.
About Nvidia
NVIDIA Corporation develops accelerated computing platforms primarily based on its graphics processing units (GPUs) and related software. The company serves data centers, gaming, professional visualization, and automotive markets by providing hardware, software, and networking solutions that support artificial intelligence, scientific computing, and graphics applications. Its customers include cloud service providers, enterprises, researchers, and developers across various industries.
Head to head (AMD FY2025 vs NVDA FY2026)
| Metric | AMDFY2025 | NVDAFY2026 |
|---|---|---|
| Revenue | $34.64B | $215.94B |
| Revenue growth (YoY) | 34.3% | 65.5% |
| Gross margin | 49.5% | 71.1% |
| Operating margin | 10.7% | 60.4% |
| Net margin | 12.5% | 55.6% |
| Net income | $4.33B | $120.07B |
| Diluted EPS | $2.65 | $4.90 |
| FCF margin | 19.4% | 44.8% |
| ROE | 6.9% | 76.3% |
| Debt / equity | 0.0× | 0.0× |
| Market cap | $909.70B | $4.91T |
| P/E (TTM) | 185.3× | 31.7× |
Fundamentals are from each company’s SEC filings (AMD FY2025, NVDA FY2026). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| AMD by fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $16.43B | $23.60B | $22.68B | $25.79B | $34.64B |
| Net income | $3.16B | $1.32B | $854.0M | $1.64B | $4.33B |
| Operating margin | 22.2% | 5.4% | 1.8% | 7.4% | 10.7% |
| NVDA by fiscal year | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue | $26.91B | $26.97B | $60.92B | $130.50B | $215.94B |
| Net income | $9.75B | $4.37B | $29.76B | $72.88B | $120.07B |
| Operating margin | 37.3% | 15.7% | 54.1% | 62.4% | 60.4% |
Advanced Micro Devices and Nvidia use different fiscal calendars (AMD's FY2025 ended 2025-12-27, NVDA's FY2026 ended 2026-01-25), so their fiscal years are shown separately rather than forced into one timeline.
Peer standing
Where each company ranks among the 88 semiconductor companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | AMD | NVDA |
|---|---|---|
| Gross margin | 49.5%62nd percentile of 78 | 71.1%95th percentile of 78 |
| Operating margin | 10.7%67th percentile of 79 | 60.4%99th percentile of 79 |
| Net margin | 12.5%71st percentile of 80 | 55.6%99th percentile of 80 |
| FCF margin | 19.4%75th percentile of 78 | 44.8%97th percentile of 78 |
| Revenue growth (YoY) | +34.3%82nd percentile of 88 | +65.5%89th percentile of 88 |
| ROE | 6.9%60th percentile of 74 | 76.3%Highest of 74 |
| P/E (TTM) | 185.3×82nd percentile of 45 | 31.7×34th percentile of 45 |
| Debt / equity | 0.04×20th percentile of 45 | 0.05×25th percentile of 45 |
| Short interest (days to cover) | 1.30d29th percentile of 88 | 1.99d56th percentile of 88 |
Short interest
| FINRA settlement data | AMD | NVDA |
|---|---|---|
| Shares sold short | 41.6M | 310.1M |
| Change vs prior settlement | -11.1% | +3.5% |
| Days to cover | 1.30 | 1.99 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | AMD | NVDA |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 65 ($158.1M) | 7 ($410.6M) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
14 tracked 13F managers hold both Advanced Micro Devices and Nvidia as of their latest quarterly filings: AQR Capital Management, ARK Investment Management, Appaloosa, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Maverick Capital, Millennium Management, Point72 Asset Management, Renaissance Technologies, Soros Fund Management and 2 more. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.