AMD vs QCOM: Which Is the Better Buy?

Side-by-side comparison of Advanced Micro Devices, Inc. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-06.
Advanced Micro Devices, Inc. · Technology
$555.79
+24.0% upside to fair value
Grade B
VS
QUALCOMM Incorporated · Technology
$226.11
-10.7% upside to fair value
Grade D High Quality
QuantHub Verdict
AMD has more upside to fair value (+24.0%). QCOM trades at a lower forward P/E (24.3x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric AMD QCOM
Current Price $555.79 $226.11
Fair Value Estimate $689.29 $201.84
Upside to Fair Value +24.0% -10.7%
Market Cap $906.3B $238.3B
Forward P/E 177.7x 24.3x
EV / EBITDA 110.2x 17.5x
Price / Sales 24.1x 5.4x
Price / FCF 105.3x 19.1x
Revenue Growth YoY +37.8% -3.5%
Gross Margin 50.3% 54.8%
Operating Margin 11.7% 25.5%
Return on Equity 8.1% 40.2%
Dividend Yield 0% 0%
FCF Yield 0.95% 5.25%
Analyst Consensus Strong Buy Hold
Investment Thesis
AMD — Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc. (AMD) is a leading semiconductor company specializing in high-performance CPUs and GPUs with a competitive moat driven by technical innovation and ecosystem scale. Under CEO Dr. Lisa Su's leadership since 2014, AMD has transformed from a $2 billion market cap to over $90 billion, gaining significant market share from Intel and Nvidia. The company reported $34.6 billio…
QCOM — QUALCOMM Incorporated
Qualcomm Incorporated is a leading semiconductor and telecommunications equipment company specializing in cellular and RF technologies, with a strong competitive moat driven by its intellectual property and scale in premium Android and 5G modems. The company benefits from a long-tenured management team and a diversified business model expanding into automotive, IoT, and computing sectors. Despite…
Accumulation Zones
Metric AMD QCOM
Zone Low $516.97 $151.38
Zone High $585.90 $171.56
In Buy Zone? Yes No
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