AMD vs. MU
AMD (Advanced Micro Devices, Inc.) and MU (Micron Technology, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, AMD returned 59.88%/yr vs 55.08%/yr for MU. At a 0.48 correlation, their price movements are largely independent.
Performance
AMD vs. MU - Performance Comparison
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Returns By Period
In the year-to-date period, AMD achieves a 155.29% return, which is significantly lower than MU's 247.64% return. Over the past 10 years, AMD has outperformed MU with an annualized return of 59.88%, while MU has yielded a comparatively lower 55.08% annualized return.
AMD
- 1D
- 5.67%
- 1M
- 14.98%
- 6M
- 167.11%
- YTD
- 155.29%
- 1Y
- 295.00%
- 3Y*
- 68.84%
- 5Y*
- 43.17%
- 10Y*
- 59.88%
MU
- 1D
- 4.52%
- 1M
- 5.97%
- 6M
- 203.41%
- YTD
- 247.64%
- 1Y
- 712.53%
- 3Y*
- 152.24%
- 5Y*
- 66.81%
- 10Y*
- 55.08%
AMD vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMD Advanced Micro Devices, Inc. | 155.29% | 77.30% | -18.06% | 127.59% | -54.99% | 56.91% | 99.98% | 148.43% | 79.57% | -9.35% |
MU Micron Technology, Inc. | 247.64% | 240.24% | -0.96% | 71.93% | -45.93% | 24.21% | 39.79% | 69.49% | -22.84% | 87.59% |
Correlation
The correlation between AMD and MU is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since May 16, 1989 | 0.48 |
The correlation between AMD and MU has been stable across timeframes, ranging from 0.48 to 0.58 - a consistent structural relationship.
Fundamentals
AMD:
$891.48B
MU:
$1.12T
AMD:
$3.04
MU:
$44.42
AMD:
179.73
MU:
22.33
AMD:
4.80
MU:
0.08
AMD:
24.04
MU:
12.48
AMD:
13.99
MU:
11.24
AMD:
$37.45B
MU:
$90.27B
AMD:
$18.83B
MU:
$65.51B
AMD:
$7.17B
MU:
$44.96B
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Return for Risk
AMD vs. MU — Risk / Return Rank
AMD
MU
AMD vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (MU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMD | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.70 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 10.70 | 23.76 | -13.05 |
| Martin ratioReturn relative to average drawdown | 21.87 | 86.04 | -64.18 |
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Drawdowns
AMD vs. MU - Drawdown Comparison
The maximum AMD drawdown since its inception was -96.59%, roughly equal to the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for AMD and MU.
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Drawdown Indicators
| AMD | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.59% | -98.25% | +1.66% |
Max Drawdown (1Y)Largest decline over 1 year | -27.76% | -30.28% | +2.52% |
Max Drawdown (3Y)Largest decline over 3 years | -63.00% | -57.63% | -5.37% |
Max Drawdown (5Y)Largest decline over 5 years | -65.45% | -57.63% | -7.82% |
Max Drawdown (10Y)Largest decline over 10 years | -65.45% | -57.63% | -7.82% |
Current DrawdownCurrent decline from peak | -5.89% | -18.27% | +12.38% |
Average DrawdownAverage peak-to-trough decline | -56.57% | -58.07% | +1.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.56% | 8.34% | +5.22% |
Volatility
AMD vs. MU - Volatility Comparison
The current volatility for Advanced Micro Devices, Inc. (AMD) is 23.82%, while Micron Technology, Inc. (MU) has a volatility of 33.64%. This indicates that AMD experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMD | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.82% | 33.64% | -9.82% |
Volatility (6M)Calculated over the trailing 6-month period | 52.99% | 62.19% | -9.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.65% | 75.70% | -7.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.35% | 54.77% | +1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.00% | 50.65% | +6.35% |
Dividends
AMD vs. MU - Dividend Comparison
AMD has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AMD Advanced Micro Devices, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Financials
AMD vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Advanced Micro Devices, Inc. and Micron Technology, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AMD vs. MU - Profitability Comparison
AMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Advanced Micro Devices, Inc. reported a gross profit of 5.42B and revenue of 10.25B. Therefore, the gross margin over that period was 52.8%.
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a gross profit of 35.06B and revenue of 41.46B. Therefore, the gross margin over that period was 84.6%.
AMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Advanced Micro Devices, Inc. reported an operating income of 1.48B and revenue of 10.25B, resulting in an operating margin of 14.4%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported an operating income of 33.31B and revenue of 41.46B, resulting in an operating margin of 80.4%.
AMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Advanced Micro Devices, Inc. reported a net income of 1.38B and revenue of 10.25B, resulting in a net margin of 13.5%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Micron Technology, Inc. reported a net income of 28.24B and revenue of 41.46B, resulting in a net margin of 68.1%.
Frequently Asked Questions
AMD and MU have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MU has higher volatility (33.64%) compared to AMD (23.82%). In terms of maximum drawdown, AMD dropped -96.59% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (9.51 vs 4.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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