AMD vs SMCI: Which Is the Better Buy?
Side-by-side comparison of Advanced Micro Devices, Inc. and Super Micro Computer, Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-18.
Advanced Micro Devices, Inc. · Technology
$278.26
+40.5% upside to fair value
High Conviction
Grade B+
VS
Super Micro Computer, Inc. · Technology
$28.56
+435.6% upside to fair value
Grade B
QuantHub Verdict
SMCI has more upside to fair value
(+435.6%).
SMCI trades at a lower forward P/E
(19.5x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
AMD |
SMCI |
| Current Price |
$278.26 |
$28.56 |
| Fair Value Estimate |
$391.00 |
$152.97 |
| Upside to Fair Value |
+40.5%
|
+435.6%
|
| Market Cap |
$453.7B |
$17.1B |
| Forward P/E |
104.6x
|
19.5x
|
| EV / EBITDA |
—
|
15.0x
|
| Price / Sales |
13.1x
|
0.6x
|
| Price / FCF |
67.4x
|
38.9x
|
| Revenue Growth YoY |
+11.1%
|
+152.8%
|
| Gross Margin |
49.5%
|
8.0%
|
| Operating Margin |
10.7%
|
3.7%
|
| Return on Equity |
7.2%
|
13.3%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
1.5%
|
2.57%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
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…
Super Micro Computer, Inc. is a technology company specializing in server and storage systems with a dominant focus on AI GPU platforms that now drive over 70% of its revenues. The company benefits from a founder-led management team with deep industry expertise and long tenure, and it has scaled rapidly with revenue growth exceeding 150% year-over-year. Despite this explosive growth, profitabilit…
Accumulation Zones
| Metric |
AMD |
SMCI |
| Zone Low |
$293.00 |
$114.73 |
| Zone High |
$332.00 |
$130.02 |
| In Buy Zone? |
Yes
|
Yes
|