Which has returned more, NVDA or AMD?
Over the last 10 years, NVDA returned 56.7% a year and AMD returned 48.6%, with dividends reinvested. So $10,000 in NVDA would be worth about $891,940 now, against $523,951 in AMD. Over 25 years, the longest stretch both have prices for, the yearly figures are 28.1% for NVDA and 15.2% for AMD. We use month-end prices through November 2026, adjusted for splits and dividends, before taxes and fees.
The ride matters as much as the result. NVDA's monthly returns swung about 58.3% a year, measured as annualized standard deviation, against 66.3% for AMD, so NVDA has been the calmer of the two. NVDA's largest fall from a high was 87.2%, from December 2001 to September 2002. AMD's was 96.1%, from April 2000 to September 2015.
Year by year, NVDA beat AMD in 15 of 26 full calendar years. NVDA's best year was 2001, at 308.3%, and AMD's was 2009, at 348.1%. Their worst years were 2002 for NVDA, at -82.8%, and 2008 for AMD, at -71.2%. Month to month, they moved fairly independently, with a correlation of 0.53. That difference is why some investors hold both: one can soften the other's bad stretches, though not always.
Buying a little each month narrows the gap from timing. Putting $100 a month into each for the last 10 years would have cost $12,000 and be worth about $252,950 in NVDA and $146,087 in AMD. These results are historical and hypothetical, and past performance doesn't indicate future results. A single company can fall far more than the market and may never recover, so most investors keep any one stock to a small part of their portfolio. See each on its own on our NVDA calculator and AMD calculator.
How we compare NVDA and AMD
We line up both histories by month, starting December 1999, the first month both have prices. The calculator above runs any amount and period for NVDA, and shows the same money in AMD beside it. Price data from Alpha Vantage.