Advanced Micro Devices (AMD) vs Taiwan Semiconductor Manufacturing (TSM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Advanced Micro Devices (AMD) has outperformed Taiwan Semiconductor Manufacturing (TSM) over the past year, gaining 205.4% versus a gain of 60.6%. Over five years, AMD leads with a +476.0% price change compared with +311.1% for TSM. Taiwan Semiconductor Manufacturing is the larger company by market cap ($2.45 trillion vs $1.05 trillion), about 2.3 times the size, while Advanced Micro Devices is growing revenue faster (+34.3% vs +25.0%).
On valuation, Taiwan Semiconductor Manufacturing trades at a lower forward P/E (21.5x vs 41.1x for Advanced Micro Devices). Taiwan Semiconductor Manufacturing pays a dividend yielding 5.51%, while Advanced Micro Devices does not currently pay one. Taiwan Semiconductor Manufacturing converts more of its revenue into profit, with a net margin of 40.0% versus 12.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMD | TSM |
|---|---|---|
| Share price | $645.86 | $472.20 |
| Market cap | $1.05T | $2.45T |
| 1-day change | -0.55% | -2.09% |
| YTD return | +201.58% | +55.39% |
| 1-year return | +205.36% | +60.60% |
| 5-year return | +476.04% | +311.11% |
| P/E ratio (TTM) | 164.76 | 34.32 |
| Forward P/E | 41.08 | 21.54 |
| EPS (TTM) | $3.92 | $13.76 |
| Dividend yield | 0.00% | 5.51% |
| Annual dividend | $0.00 | $26.00 |
| Revenue (latest FY) | $34.64B | $88.27B |
| Revenue growth (YoY) | +34.34% | +25.03% |
| Net income (latest FY) | $4.33B | $35.33B |
| Gross margin | 49.52% | 56.12% |
| Operating margin | 10.66% | 45.68% |
| Net margin | 12.51% | 40.02% |
| 52-week high | $658.52 | $487.47 |
| 52-week low | $188.22 | $266.82 |
| Distance from 52-week high | -1.92% | -3.13% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | -1.49% | +17.54% |
| Average volume | 23.34M | 11.31M |
| Shares outstanding | 1.63B | 5.19B |
| Employees | 31,000 | 76,907 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Taiwan Semiconductor Manufacturing is about 2.3 times larger than Advanced Micro Devices by market value ($2.45T vs $1.05T).
- AMD has outperformed TSM by 144.8 percentage points over the past year.
- Advanced Micro Devices trades at a higher earnings multiple (164.8x vs 34.3x trailing P/E).
- Taiwan Semiconductor Manufacturing offers a meaningfully higher dividend yield (5.51% vs 0.00%).
- Taiwan Semiconductor Manufacturing is more profitable, keeping 40.0 cents of every revenue dollar as net income versus 12.5 cents for Advanced Micro Devices.
- Advanced Micro Devices grew revenue faster in its latest fiscal year (+34.34% vs +25.03%).
About Advanced Micro Devices
AMD stock →Advanced Micro Devices, Inc. operates as a semiconductor company internationally.
Technology · Semiconductors · 31,000 employees
About Taiwan Semiconductor Manufacturing
TSM stock →Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.
Technology · Semiconductors · 76,907 employees
AMD vs TSM FAQ
Which is bigger, Advanced Micro Devices or Taiwan Semiconductor Manufacturing?
Taiwan Semiconductor Manufacturing (TSM) is larger, with a market capitalization of $2.45T compared with $1.05T for Advanced Micro Devices (AMD).
Which stock has performed better over the past year, AMD or TSM?
AMD returned +205.36% over the past 12 months, compared with +60.60% for TSM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMD or TSM?
TSM has the lower trailing P/E at 34.3, versus 164.8 for AMD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Advanced Micro Devices or Taiwan Semiconductor Manufacturing?
Taiwan Semiconductor Manufacturing pays a dividend yielding 5.51%, while Advanced Micro Devices does not currently pay a regular dividend.
Are Advanced Micro Devices and Taiwan Semiconductor Manufacturing in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.