AMD vs. MU

Last updated Apr 1, 2026

Compare and contrast key facts about Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (MU).

Performance

AMD vs. MU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advanced Micro Devices, Inc. (AMD) and Micron Technology, Inc. (MU). The values are adjusted to include any dividend payments, if applicable.

AMD vs. MU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMD Advanced Micro Devices, Inc.	-5.01%	77.30%	-18.06%	127.59%	-54.99%	56.91%	99.98%	148.43%	79.57%	-9.35%
MU Micron Technology, Inc.	18.42%	240.24%	-0.96%	71.93%	-45.93%	24.21%	39.79%	69.49%	-22.84%	87.59%

Fundamentals

Market Cap AMD : $335.46B MU : $385.14B
EPS AMD : $2.64 MU : $21.30
PE Ratio AMD : 76.96 MU : 15.86
PEG Ratio AMD : 2.05 MU : 0.06
PS Ratio AMD : 9.63 MU : 6.58
PB Ratio AMD : 5.32 MU : 5.32
Total Revenue (TTM) AMD : $34.64B MU : $58.12B
Gross Profit (TTM) AMD : $17.15B MU : $33.96B
EBITDA (TTM) AMD : $6.18B MU : $25.99B

Returns By Period

In the year-to-date period, AMD achieves a -5.01% return, which is significantly lower than MU's 18.42% return. Over the past 10 years, AMD has outperformed MU with an annualized return of 53.34%, while MU has yielded a comparatively lower 41.16% annualized return.

AMD

• 1D: 3.77%
• 1M: 1.61%
• YTD: -5.01%
• 6M: 25.74%
• 1Y: 98.00%
• 3Y*: 27.56%
• 5Y*: 20.20%
• 10Y*: 53.34%

MU

• 1D: 4.98%
• 1M: -18.04%
• YTD: 18.42%
• 6M: 102.21%
• 1Y: 289.74%
• 3Y*: 78.45%
• 5Y*: 30.25%
• 10Y*: 41.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AMD vs. MU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMD

AMD Risk / Return Rank: 85
AMD Sharpe Ratio Rank: 85
AMD Sortino Ratio Rank: 84
AMD Omega Ratio Rank: 83
AMD Calmar Ratio Rank: 89
AMD Martin Ratio Rank: 84

MU

MU Risk / Return Rank: 98
MU Sharpe Ratio Rank: 99
MU Sortino Ratio Rank: 96
MU Omega Ratio Rank: 95
MU Calmar Ratio Rank: 98
MU Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	AMD	MU	Difference
Sharpe ratio Return per unit of total volatility	1.52	4.49	-2.97
Sortino ratio Return per unit of downside risk	2.31	3.83	-1.52
Omega ratio Gain probability vs. loss probability	1.30	1.52	-0.21
Calmar ratio Return relative to maximum drawdown	3.50	9.36	-5.86
Martin ratio Return relative to average drawdown	7.16	31.94	-24.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMD vs. MU - Sharpe Ratio Comparison

The current AMD Sharpe Ratio is 1.52, which is lower than the MU Sharpe Ratio of 4.49. The chart below compares the historical Sharpe Ratios of AMD and MU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMD	MU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	4.49	-2.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.61	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.91	0.85	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.25	-0.13

Correlation

The correlation between AMD and MU is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

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 0.15%.

	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.	0.15%	0.16%	0.55%	0.54%	0.89%	0.21%

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.

Drawdown Indicators

	AMD	MU	Difference
Max Drawdown Largest 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 (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 Drawdown Current decline from peak	-23.04%	-26.80%	+3.76%
Average Drawdown Average peak-to-trough decline	-56.90%	-58.46%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.56%	8.87%	+4.69%

Volatility

AMD vs. MU - Volatility Comparison

The current volatility for Advanced Micro Devices, Inc. (AMD) is 16.50%, while Micron Technology, Inc. (MU) has a volatility of 23.12%. 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.

Volatility by Period

	AMD	MU	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.50%	23.12%	-6.62%
Volatility (6M) Calculated over the trailing 6-month period	49.06%	49.17%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	64.69%	65.00%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.46%	49.86%	+3.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.64%	48.59%	+10.05%

Financials

AMD vs. MU - Profitability Comparison

The chart below illustrates the profitability comparison between Advanced Micro Devices, Inc. and Micron Technology, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Advanced Micro Devices, Inc. reported a gross profit of 5.58B and revenue of 10.27B. Therefore, the gross margin over that period was 54.3%.

MU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Micron Technology, Inc. reported a gross profit of 17.75B and revenue of 23.86B. Therefore, the gross margin over that period was 74.4%.

AMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Advanced Micro Devices, Inc. reported an operating income of 1.75B and revenue of 10.27B, resulting in an operating margin of 17.1%.

MU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Micron Technology, Inc. reported an operating income of 16.13B and revenue of 23.86B, resulting in an operating margin of 67.6%.

AMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Advanced Micro Devices, Inc. reported a net income of 1.51B and revenue of 10.27B, resulting in a net margin of 14.7%.

MU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Micron Technology, Inc. reported a net income of 13.79B and revenue of 23.86B, resulting in a net margin of 57.8%.