Advanced Micro Devices, Inc. (AMD) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)

TSM leads on 11 of 15 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AMD vs TSM

growth of $100 · last 29y
AMD +3240.9%TSM +7621.9%TSM compounded faster
02k4k6k8kStart $10020022007201220172022$3,341$7,722
AMD TSM

AMD vs TSM: by the numbers

  • TSM is the larger company ($2.20T vs $834.17B market cap).
  • TSM trades at the lower earnings multiple (35.24 vs 167.18 P/E).
  • TSM converts more revenue to profit (46.90% vs 13.37% net margin).
  • AMD grew revenue faster over the past five years (26.80% vs 22.49% CAGR).
  • TSM pays a dividend (0.83% yield) while AMD does not currently pay one.

Which is better, AMD or TSM?

Metric tally: AMD 4 · TSM 11

It depends on what you're optimizing for:

ValueTSM(lower P/E)
GrowthAMD(faster 5Y revenue CAGR)
QualityTSM(higher ROIC)

Valuation

MetricAMDTSM
P/E ratio167.1835.24
P/S ratio22.5416.45
P/B ratio13.0911.92
PEG ratio0.490.64
EV / EBITDA104.1820.78
FCF yield1.02%1.62%

Profitability

MetricAMDTSM
Gross margin50.28%61.78%
Operating margin11.65%53.15%
Net margin13.37%46.90%
ROE7.77%33.98%
ROIC5.40%25.10%

Dividends

MetricAMDTSM
Dividend yield0.83%
Payout ratio33.09%

Growth (annualized)

MetricAMDTSM
Revenue CAGR (5Y)26.80%22.49%
EPS CAGR (5Y)4.92%25.67%
FCF CAGR (5Y)37.73%30.09%
Total return CAGR (5Y)44.44%30.87%

Frequently asked

Which is better, AMD or TSM?
It depends on your goal. value: TSM (lower P/E); growth: AMD (faster 5Y revenue CAGR); quality: TSM (higher ROIC). Across all compared metrics, TSM leads 11 to 4.
Is AMD or TSM cheaper?
On trailing earnings, TSM is cheaper: AMD trades at a 167.18 P/E and TSM at 35.24.
Which has grown faster, AMD or TSM?
Over the past five years, AMD grew revenue faster — AMD at a 26.80% CAGR versus TSM at 22.49%.
Does AMD or TSM pay a bigger dividend?
TSM pays a dividend (0.83% yield) while AMD does not currently pay one.
Is AMD or TSM more profitable?
TSM runs the higher net margin — AMD at 13.37% versus TSM at 46.90%.
Which has been the better investment, AMD or TSM?
Over the past 10-year, AMD delivered the higher annualized total return — AMD at 61.16% versus TSM at 35.19%. Past performance doesn't predict future results.

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 June 13, 2026.