Advanced Micro Devices, Inc. (AMD) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
A side-by-side comparison of Advanced Micro Devices, Inc. and Taiwan Semiconductor Manufacturing Company Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
AMD
Advanced Micro Devices, Inc.
$516.13TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
TSM
Taiwan Semiconductor Manufacturing Company Limited
$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AMD vs TSM
growth of $100 · dividends reinvested · last 10yAMD +8075.3% (+55.3%/yr)TSM +1624.5% (+32.9%/yr)AMD compounded faster over this window
AMD TSM
AMD vs TSM: by the numbers
- •TSM is the larger company ($2.25T vs $841.60B market cap).
- •TSM trades at the lower trailing earnings multiple (31.37 vs 132.34 P/E), one valuation lens rather than an overall verdict.
- •TSM converts more revenue to profit (50.32% vs 15.58% net margin).
- •AMD grew revenue faster over the past five years (25.35% vs 22.50% CAGR).
- •TSM pays a dividend (0.82% yield), while AMD is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | AMD | TSM |
|---|---|---|
| P/E ratio | 132.34 | 31.37 |
| Forward P/E | 68.36 | N/A |
| P/S ratio | 20.38 | 15.88 |
| P/B ratio | 12.52 | 11.14 |
| EV / EBITDA | 88.36 | 21.58 |
| FCF yield | 1.00% | 1.68% |
Profitability
| Metric | AMD | TSM |
|---|---|---|
| Gross margin | 53.20% | 64.17% |
| Operating margin | 15.71% | 55.97% |
| Net margin | 15.58% | 50.32% |
| ROE | 9.57% | 35.29% |
| ROIC | 7.58% | 27.56% |
Dividends
| Metric | AMD | TSM |
|---|---|---|
| Dividend yield | N/A | 0.82% |
| Payout ratio | N/A | 25.31% |
Growth (annualized)
| Metric | AMD | TSM |
|---|---|---|
| Revenue CAGR (5Y) | 25.35% | 22.50% |
| EPS CAGR (5Y) | 4.92% | 25.67% |
| FCF CAGR (5Y) | 27.78% | 33.46% |
| Total return CAGR (5Y) | 36.78% | 30.04% |
Frequently asked
- Which has the lower trailing P/E, AMD or TSM?
- TSM has the lower trailing P/E: AMD trades at 132.34 and TSM at 31.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMD or TSM?
- Over the past five years, AMD grew revenue faster — AMD at a 25.35% CAGR versus TSM at 22.50%.
- Does AMD or TSM pay a bigger dividend?
- TSM pays a dividend (0.82% yield), while AMD is a former payer with no current dividend run rate.
- Is AMD or TSM more profitable?
- TSM runs the higher net margin — AMD at 15.58% versus TSM at 50.32%.
- How have AMD and TSM total returns compared?
- Over the past 10 years, AMD delivered 55.99% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Advanced Micro Devices P/E ratioTaiwan Semiconductor Manufacturing P/E ratioTaiwan Semiconductor Manufacturing dividend yieldAdvanced Micro Devices ROETaiwan Semiconductor Manufacturing ROEAdvanced Micro Devices operating marginTaiwan Semiconductor Manufacturing operating marginAdvanced Micro Devices revenue growthTaiwan Semiconductor Manufacturing revenue growthAdvanced Micro Devices free cash flowTaiwan Semiconductor Manufacturing free cash flow
Advanced Micro Devices & Taiwan Semiconductor Manufacturing appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.