Side by sideAMD (AMD) and TI (TXN)Memos of October 10, 2026 and October 12, 2026
AMD vs TI stock: the numbers side by side (October 2026)
How do AMD and TI compare?
| AMD AMD | TI TXN | |
|---|---|---|
| Revenue growth | 34.3%Year to Dec 2025 | 13.0%2025 |
| Operating margin | 10.7%Year to Dec 2025 | 34.1%2025 |
| Free cash flow | 5,519US$ millions · Year to Dec 2025 | 2,603US$ millions · 2025 |
| Free cash flow yield | 0.5%Today (Oct 9, 2026) | 1.0%Today (Oct 12, 2026) |
| Dividend yield | 0.0%Today (Oct 9, 2026) | 2.0%Today (Oct 12, 2026) |
| P/E, last 12 months | 158.3xToday (Oct 9, 2026) | 42.7xToday (Oct 12, 2026) |
| P/E, next 12 months | 38.7xToday (Oct 9, 2026) | 27.3xToday (Oct 12, 2026) |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | AMD | The higher figure |
| Operating margin | TI | The higher figure |
| Free cash flow | AMD | The higher figure |
| Free cash flow yield | TI | The higher figure |
| Dividend yield | TI | The higher figure |
| P/E, last 12 months | TI | The lower figure |
| P/E, next 12 months | TI | The lower figure |
What does each company do?
AMD designs processors, graphics chips, AI accelerators—chips built for artificial-intelligence calculations—adaptive chips and networking products.
AMD (AMD), from our memo of October 10, 2026 · AMD stock forecast
Texas Instruments makes power and signal chips, microcontrollers—small computers on a chip that control a specific task—and processors, DLP—its chip-based technology for projecting images—calculators and custom chips.
TI (TXN), from our memo of October 12, 2026 · TI stock forecast