AMD’s 28% Single Month Rise Brings Valuations Into Focus – Is NVDA a Better Deal?
NVIDIA (NVDA) offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Advanced Micro Devices (AMD), suggesting you may be better off investing in NVDA
- NVDA’s quarterly revenue growth was 69.2%, vs. AMD’s 35.9%.
- In addition, its Last 12 Months revenue growth came in at 86.2%, ahead of AMD’s 21.7%.
- NVDA leads on profitability over both periods – LTM margin of 58.0% and 3-year average of 45.1%.
AMD produces x86 microprocessors, GPUs, chipsets, and development services across computing, graphics, enterprise, embedded, and semi-custom segments. NVDA provides graphics, compute, and networking solutions for gaming, visualization, datacenters, and automotive markets, with a strategic collaboration with Kroger Co.
Valuation & Performance Overview
| AMD | NVDA | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 100.3 | 51.0 | NVDA |
| Revenue Growth | |||
| Last Quarter | 35.9% | 69.2% | NVDA |
| Last 12 Months | 21.7% | 86.2% | NVDA |
| Last 3 Year Average | 14.3% | 94.0% | NVDA |
| Operating Margins | |||
| Last 12 Months | 10.3% | 58.0% | NVDA |
| Last 3 Year Average | 4.5% | 45.1% | NVDA |
| Momentum | |||
| Last 3 Year Return | 70.1% | 838.1% | AMD |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: AMD Revenue Comparison | NVDA Revenue Comparison
See more margin details: AMD Operating Income Comparison | NVDA Operating Income Comparison
But do these numbers tell the full story? Read Buy or Sell NVDA Stock to see if NVIDIA’s edge holds up under the hood or if Advanced Micro Devices still has cards to play (see Buy or Sell AMD Stock).
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- Advanced Micro Devices Stock Surged 120%, Here’s Why
- Advanced Micro Devices Stock To $143?
- Would You Still Hold Advanced Micro Devices Stock If It Fell Another 30%?
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| AMD Return | 100% | 57% | -55% | 128% | -18% | 46% | 274% | ||
| NVDA Return | 122% | 125% | -50% | 239% | 171% | 34% | 2866% | <=== | |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 8% | 93% | ||
| Monthly Win Rates [3] | |||||||||
| AMD Win Rate | 50% | 50% | 33% | 58% | 42% | 57% | 48% | ||
| NVDA Win Rate | 75% | 58% | 42% | 75% | 75% | 71% | 66% | <=== | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 57% | 62% | ||
| Max Drawdowns [4] | |||||||||
| AMD Max Drawdown | -16% | -20% | -61% | -4% | -19% | -35% | -26% | ||
| NVDA Max Drawdown | -16% | -11% | -62% | -2% | -4% | -30% | -21% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year till date (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read NVDA Dip Buyer Analyses and AMD Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.