AMD vs NVDA: Which Is the Better Buy?
Side-by-side comparison of Advanced Micro Devices, Inc. and NVIDIA Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
Advanced Micro Devices, Inc. · Technology
$278.26
+40.5% upside to fair value
High Conviction
Grade B+
VS
NVIDIA Corporation · Technology
$182.08
+59.3% upside to fair value
High Conviction
Grade A-
QuantHub Verdict
NVDA has more upside to fair value
(+59.3%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
AMD |
NVDA |
| Current Price |
$278.26 |
$182.08 |
| Fair Value Estimate |
$391.00 |
$290.00 |
| Upside to Fair Value |
+40.5%
|
+59.3%
|
| Market Cap |
$453.7B |
$4,425.5B |
| Forward P/E |
104.6x
|
—
|
| EV / EBITDA |
—
|
31.4x
|
| Price / Sales |
13.1x
|
21.0x
|
| Price / FCF |
67.4x
|
46.9x
|
| Revenue Growth YoY |
+11.1%
|
+65.5%
|
| Gross Margin |
49.5%
|
71.1%
|
| Operating Margin |
10.7%
|
60.4%
|
| Return on Equity |
7.2%
|
76.3%
|
| Dividend Yield |
— |
0.02% |
| FCF Yield |
1.5%
|
2.13%
|
| 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…
NVIDIA is the foundational infrastructure layer of the AI era. Data Center revenue reached $193.7B in FY2026, up 66% YoY, powered by insatiable demand for Blackwell B200 GPUs across hyperscalers and sovereign AI programs. The company generates $96.7B in annual free cash flow with 71% gross margins and 56% net margins, making it the most profitable semiconductor business in history. At P/E 37.7x v…
Accumulation Zones
| Metric |
AMD |
NVDA |
| Zone Low |
$293.00 |
$218.00 |
| Zone High |
$332.00 |
$250.00 |
| In Buy Zone? |
Yes
|
Yes
|