How Does NVIDIA Stock Stack Up Against Its Peers?
NVIDIA‘s stock has soared amidst the AI and data center boom, yet how does it truly measure up against key semiconductor peers like AMD, Intel, Broadcom, Qualcomm, and Marvell? As of January 12, 2026, analysis reveals NVIDIA‘s exceptional profitability with robust operating and free cash flow margins, alongside market-leading revenue growth. However, its premium valuation, though supported by its strong market position and innovative platforms like Rubin, suggests that further upside could be limited if competitive pressures intensify or AI sector growth moderates. The semiconductor industry is indeed entering a fiercely competitive phase with high demand for AI chips but also concerns around supply chain stability and energy constraints.
- NVDA’s 58.8% operating margin, the highest among peers, highlights its strong pricing power in the AI chip market.
- NVDA’s 65.2% LTM revenue growth, exceeding peers, signals robust AI chip demand and market leadership.
- NVDA’s 36.1% stock gain and 45.4 PE reflect high expectations, but peers like AMD, INTC, and AVGO showed stronger investor returns.
Here’s how NVIDIA stacks up across size, valuation, and profitability versus key peers.
| NVDA | AMD | INTC | AVGO | QCOM | MRVL | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 4,499.0 | 337.7 | 198.9 | 1,667.0 | 182.5 | 70.9 |
| Revenue ($ Bil) | 187.1 | 32.0 | 53.4 | 63.9 | 44.3 | 7.8 |
| PE Ratio | 45.4 | 102.1 | 1,004.5 | 72.1 | 32.9 | 28.7 |
| LTM Revenue Growth | 65.2% | 31.8% | -1.5% | 23.9% | 13.7% | 45.0% |
| LTM Operating Margin | 58.8% | 9.4% | -0.2% | 40.8% | 28.0% | 14.7% |
| LTM FCF Margin | 41.3% | 17.0% | -15.8% | 42.1% | 28.9% | 20.2% |
| 12M Market Return | 36.1% | 79.0% | 130.1% | 58.4% | 10.2% | -27.3% |
For more details on NVIDIA, read Buy or Sell NVDA Stock. Below we compare NVDA’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NVDA | 65.2% | 114.2% | 125.9% | 0.2% | |
| AMD | 31.8% | – | 13.7% | -3.9% | 43.6% |
| INTC | -1.5% | – | -2.1% | -14.0% | -20.2% |
| AVGO | 23.9% | 23.9% | 44.0% | 7.9% | |
| QCOM | 13.7% | 13.7% | 8.8% | -19.0% | |
| MRVL | 45.0% | 4.7% | -7.0% | 32.7% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NVDA | 58.8% | 62.4% | 54.1% | 20.7% | |
| AMD | 9.4% | – | 8.1% | 1.8% | 5.4% |
| INTC | -0.2% | – | -8.9% | 0.1% | 3.7% |
| AVGO | 40.8% | 40.8% | 29.1% | 45.9% | |
| QCOM | 28.0% | 28.0% | 26.3% | 24.1% | |
| MRVL | 14.7% | -6.4% | -7.9% | 6.1% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NVDA | 45.4 | 62.8 | 111.4 | 282.0 | |
| AMD | 102.1 | – | 211.4 | 228.3 | 174.3 |
| INTC | 1004.5 | – | -8.4 | 49.7 | 25.8 |
| AVGO | 72.1 | 70.5 | 181.9 | 32.9 | |
| QCOM | 32.9 | 33.8 | 16.9 | 22.3 | |
| MRVL | 28.7 | -83.1 | -101.9 | -314.1 |
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