AMD vs TSMC (AMD vs TSM)
AMD (AMD) vs TSMC (TSM) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
AMD (AMD) and TSMC (TSM) compete in semiconductors. Here are AMD and TSMC side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy AMD or TSMC.
AMD vs TSMC: the figures
| Figure | AMD | TSMC |
|---|---|---|
| Share price | $488.78 (November 4, 2026) | $395.75 (November 4, 2026) |
| Market cap | $797.9 billion | $2.05 trillion |
| P/E (TTM) | 124.7x | 25.6x |
| Forward P/E | 30.0x | 16.9x |
| Revenue growth (quarter) | +50.1% | +50.9% |
| Net margin (TTM) | 15.6% | 51.1% |
| Net debt / EBITDA | Net cash | Net cash |
| Dividend yield | 0.00% | 0.93% |
| Beta | 2.54 | 1.23 |
AMD and TSMC figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that AMD or TSMC figure is not available, and we never estimate it.
3 key differences between AMD and TSMC
- Valuation: AMD trades at 124.7x its annual earnings and TSMC at 25.6x; the market pays more for each dollar of AMD profit, usually because it expects more growth.
- Profitability: for every 100 of sales, TSMC keeps 51.1 as net profit and AMD keeps 15.6.
- Volatility: AMD stock moves more (beta 2.54) than TSMC (beta 1.23); the higher the beta, the more it amplifies market swings.
AMD or TSMC: which fits your profile
- If you want growth: TSMC is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): TSMC pays the higher dividend relative to its price.
- If you prefer caution: AMD has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: TSMC trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither AMD nor TSMC wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How AMD and TSMC make money
AMD (AMD)
AMD designs chips and outsources manufacturing. Data Center is its biggest segment, selling EPYC server processors and Instinct AI accelerators. Client and Gaming covers Ryzen PC processors, Radeon graphics cards and custom chips for PlayStation and Xbox consoles, while Embedded, built on the Xilinx acquisition, serves industrial and automotive customers. Full AMD analysis.
TSMC (TSM)
Taiwan Semiconductor Manufacturing makes chips designed by other companies, including Apple, Nvidia, AMD, Qualcomm and Broadcom, rather than selling its own branded chips. It reports sales by platform: high-performance computing, the largest, covering AI and data center chips, followed by smartphones, the internet of things and automotive. Its ADRs trade in New York. Full TSMC analysis.
Frequently asked questions: AMD vs TSMC
Is AMD or TSMC the better stock?
Choosing between AMD and TSMC depends on what you are looking for. TSMC is growing faster right now, and TSMC trades on the lower P/E. Fintols does not tell you whether to buy AMD or TSMC: it shows you the differences so you can decide.
Which pays a higher dividend, AMD or TSMC?
As of November 4, 2026, TSMC yields 0.93% and AMD pays none. Also check how much of their profit AMD and TSMC pay out: if it is more than they earn, it cannot last.
Which is more expensive, AMD or TSMC?
On P/E, AMD (124.7x) is more expensive than TSMC (25.6x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both AMD and TSMC?
Yes. Many people spread their money across several companies, such as AMD and TSMC, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying AMD or TSMC.
More comparisons with AMD or TSMC
More companies like AMD and TSMC: semiconductors stocks. Educational content about AMD and TSMC, not investment advice.