AMDvs.ON Semiconductor
AMD vs ON · both in Chips & accelerators, part of the AI & digital infrastructure value chain: Designs and builds the processors, accelerators and memory that train and run AI.
AMD is about 24× larger than ON Semiconductor by market cap; ON Semiconductor trades at the lower P/E (51.8 vs 123.3); year to date, AMD leads (+113.3% vs +32.8%).
Side by side
| AMD | ON | |
|---|---|---|
| Market cap | $793B | $32.6B |
| Price | $479.18 | $72.51 |
| Today | +4.9% | +0.8% |
| Return YTD | +113.3% | +32.8% |
| Return 1Y | +172.3% | +38.7% |
| P/E | 123.3 | 51.8 |
| P/S | 19.2 | 5.3 |
| P/B | 11.8 | 4.5 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
AMDAMD
The MI series is the closest thing Nvidia has to a direct rival in AI GPUs. AMD also ships EPYC processors for servers and Ryzen for PCs.
Full AMD profile →ON SemiconductorON
Electric cars and factory automation are the end markets for its silicon carbide power semiconductors and image sensors.
Full ON profile →More AMD & ON comparisons
Other head-to-heads in the Chips & accelerators segment.
See where AMD and ON sit in the full AI & digital infrastructure map: every segment from suppliers to end markets.Open the AI value chain →