AMD vs ASML: Which Is the Better Buy?
Side-by-side comparison of Advanced Micro Devices, Inc. and ASML Holding N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Advanced Micro Devices, Inc. · Technology
$278.26
+40.5% upside to fair value
High Conviction
Grade B+
VS
ASML Holding N.V. · Technology
$1,458.97
+65.1% upside to fair value
Grade B
High Quality
QuantHub Verdict
ASML has more upside to fair value
(+65.1%).
ASML trades at a lower forward P/E
(48.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMD |
ASML |
| Current Price |
$278.26 |
$1,458.97 |
| Fair Value Estimate |
$391.00 |
$2,408.73 |
| Upside to Fair Value |
+40.5%
|
+65.1%
|
| Market Cap |
$453.7B |
$562.3B |
| Forward P/E |
104.6x
|
48.3x
|
| EV / EBITDA |
—
|
37.6x
|
| Price / Sales |
13.1x
|
14.4x
|
| Price / FCF |
67.4x
|
54.4x
|
| Revenue Growth YoY |
+11.1%
|
+13.2%
|
| Gross Margin |
49.5%
|
52.6%
|
| Operating Margin |
10.7%
|
34.8%
|
| Return on Equity |
7.2%
|
52.0%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
1.5%
|
1.84%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
AMD has solidified its position as a premier challenger to NVIDIA in AI GPUs and Intel in CPUs, fueled by explosive Data Center growth reaching $16.6 billion in 2025, up 32% year-over-year, alongside robust Client and Gaming expansion to $14.6 billion, up 51%. Under CEO Lisa Su's leadership, the company achieved 34% total revenue growth to $34.6 billion in 2025 with net income of $4.3 billion, ye…
ASML Holding N.V. is a leading technology company specializing in semiconductor manufacturing equipment, particularly extreme ultraviolet lithography machines which hold a near-monopoly position. The company benefits from a durable competitive moat driven by its technological leadership, high barriers to entry, and strong demand from semiconductor manufacturers globally, especially in China. Desp…
Accumulation Zones
| Metric |
AMD |
ASML |
| Zone Low |
$293.00 |
$1,806.55 |
| Zone High |
$332.00 |
$2,047.42 |
| In Buy Zone? |
Yes
|
Yes
|