Nvidia NVDA
AMD NASDAQ Large cap
How to buy AMD stock.
$514.37 +6.49% AMD price as of August 15, 2026
AMD is the main alternative AI accelerator supplier as labs and hyperscalers look to diversify away from a single chip vendor. Its MI300X and MI350 series compete directly with Nvidia's H100 and Blackwell for AI training and inference workloads. AMD trades at a lower valuation than Nvidia and is seen by many investors as a higher-risk, higher-upside way to bet on AI chip demand.
- Market cap
- $788.50B
- P/E ratio
- 123.5
- Revenue (TTM)
- $41.31B
- Revenue growth (YoY)
- +50.1%
- 52-week range
- $149.22 – $584.73
- Day range
- $483.20 – $514.67
- Volume
- 62.41M
- Analyst target
- $613.33
What AMD does.
AMD is the primary merchant alternative to Nvidia in AI accelerators and the main x86 rival to Intel in CPUs. Its Instinct MI300X and MI350 GPUs target AI training and inference, while its EPYC server CPUs have taken substantial data-center share from Intel. AMD is fabless, relying on TSMC for leading-edge manufacturing.
The investment case rests on hyperscalers wanting a credible second source of AI compute. AMD's ROCm software stack remains behind CUDA, so its near-term traction is strongest in inference and in customers with the engineering depth to port workloads. Its 2022 acquisition of Xilinx added FPGAs and adaptive computing, broadening its data-center and embedded reach.
Business segments
- Data Center
Instinct AI GPUs and EPYC server CPUs.
- Client
Ryzen CPUs for desktops and laptops.
- Gaming
Radeon GPUs and semi-custom console chips.
- Embedded
Xilinx FPGAs and adaptive SoCs.
Key products
Instinct MI300X / MI350EPYC server CPUsRyzen CPUsROCm software stack
Why AMD is an AI stock.
AMD's MI-series GPUs are being adopted by Microsoft Azure and other hyperscalers as a second-source supplier alongside Nvidia. Meta and others have run large training workloads on AMD hardware. As AI chip demand grows, having two viable GPU platforms benefits the whole supply chain.
AMD is in the AI chip designers category. The GPUs and custom accelerators that train and serve every frontier AI model. Chip designers sit at the center of the AI hardware stack.
AMD in the AI ecosystem.
How AMD connects to the rest of the AI supply chain: the companies it buys from, sells to, partners with, and competes against.
AMD financials.
Key figures below are drawn from AMD's most recent reporting (latest quarter ending June 30, 2026). Market cap, revenue, and analyst target are shown in the stats above.
| EPS (diluted, TTM) | $3.91 |
|---|---|
| Forward P/E | 63.3 |
| Gross profit (TTM) | $23.02B |
| Profit margin | 15.6% |
| Operating margin | 17.2% |
| Beta | 2.49 |
| Shares outstanding | 1.63B |
Fundamentals sourced from Alpha Vantage, last refreshed August 15, 2026. Figures are for information only, not investment advice.
How to buy AMD (AMD) step by step.
- Choose a broker. AMD trades on the NASDAQ under the ticker AMD. Any broker with access to NASDAQ can execute the trade.
- Open and fund an account. Most brokers take 5-15 minutes to open an account. You will need to verify your identity. Minimum investments vary by broker.
- Search for AMD. Once funded, search for the ticker symbol AMD in your broker's platform and confirm you are looking at NASDAQ.
- Place your order. Select the number of shares or a dollar amount. Many brokers offer fractional shares from as little as $1. Review any fees before confirming.
- Monitor your position. AMD's share price will move with broader market conditions and AI sector news. Use stop-loss orders if you want to limit downside.
Key facts.
| Ticker | AMD |
|---|---|
| Exchange | NASDAQ |
| Category | AI chip designers |
| Market cap size | Large cap |
| Sector | TECHNOLOGY · SEMICONDUCTORS |
| Founded | 1969 |
| Headquarters | Santa Clara, California |
| CEO | Lisa Su |
| Employees | ~28,000 |
| Fiscal year end | December |
AMD in the news
See all →- Intel's $15B Dilution, Norway's AI Windfall, SpaceX's AI Pivot
- SMCI's $14B Cash Gap, AMD-Taalas Close, SpaceX Lock-Up
- AMD Buys Taalas, Nvidia Trims Rubin Ultra: Aug. 7
- Anthropic Builds Chips, Meta AI Hacks, Nvidia Eyes Aug. 26
- Palantir Surges, AMD Stumbles, SpaceX Float Looms
- Azure vs. Google Cloud: AI Cost Battle Defines Q3 Outlook
- Nvidia's $250B OpenAI Bet, CXMT Tops China, SMCI Scrutiny
- Intel Beats, SpaceX Stumbles, Korea's $950B Chip Deals: July 26
Frequently asked questions.
Is AMD an AI stock?
Yes. AMD's Data Center GPU segment is growing rapidly as hyperscalers look to diversify from Nvidia. Its MI300X accelerator is in production at major cloud providers for both training and inference.
How does AMD compare to Nvidia for AI?
Nvidia holds a large performance and ecosystem lead for AI training. AMD has closed the gap significantly with MI300X and MI350. For inference, AMD is competitive. The software ecosystem (CUDA vs. ROCm) is the primary adoption barrier AMD must overcome.