ALAB vs. AMD: Astera Labs vs. Advanced Micro Devices Stock Comparison
How do Astera Labs (ALAB) and Advanced Micro Devices (AMD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Astera Labs (ALAB) and Advanced Micro Devices (AMD) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Advanced Micro Devices (AMD) carries decades of public-market history since March 17, 1980, while Astera Labs (ALAB) listed on March 20, 2024 — long-window comparisons have far more historical data on the AMD side.
| Profile Item | ALAB | AMD |
|---|---|---|
| Name | Astera Labs, Inc. | Advanced Micro Devices Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 33.33 billion USD | 736.46 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 20, 2024 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ALAB | AMD |
|---|---|---|
| Total Return (1Y) | 31.42% | 114.18% |
| Total Return (3Y, Annualized) | -- | 63.95% |
| Total Return (5Y, Annualized) | -- | 27.42% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ALAB | AMD |
|---|---|---|
| Volatility (1Y, Annualized) | 101.55% | 72.86% |
| Beta (5Y) | 3.95 | 2.53 |
| Max Drawdown (5Y) | -63.69% | -65.45% |
| Avg. Volume (3M) | 4.15M | 22.40M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ALAB | AMD |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | 1.51 |
| Sortino Ratio (1Y) | 0.39 | 2.32 |
Profitability
ROE (TTM)
Astera Labs (ALAB) at 28.21% sits in the top ROE quartile, while Advanced Micro Devices (AMD) at 11.96% is closer to the peer norm — stronger capital efficiency for ALAB.
ALAB
Semiconductors & Semiconductor Equipment industry group
28.21%
- Max
- 52.82%
- ALAB
- 28.21%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
AMD
Semiconductors & Semiconductor Equipment industry group
11.96%
- Max
- 52.82%
- Q3
- 22.26%
- AMD
- 11.96%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Astera Labs (ALAB) at 29.64% retains a top-quartile share of revenue as profit, ahead of Advanced Micro Devices (AMD) at 16.77%, which keeps about the industry-typical share.
ALAB
Semiconductors & Semiconductor Equipment industry group
29.64%
- Max
- 63.80%
- ALAB
- 29.64%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
AMD
Semiconductors & Semiconductor Equipment industry group
16.77%
- Max
- 63.80%
- Q3
- 28.36%
- AMD
- 16.77%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Astera Labs (ALAB) at 30.61% operates in the top operating margin quartile, ahead of Advanced Micro Devices (AMD) at 21.17%, which runs around its industry’s norm.
ALAB
Semiconductors & Semiconductor Equipment industry group
30.61%
- Max
- 58.66%
- ALAB
- 30.61%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
AMD
Semiconductors & Semiconductor Equipment industry group
21.17%
- Max
- 58.66%
- Q3
- 30.23%
- AMD
- 21.17%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ALAB | AMD |
|---|---|---|
| ROE (TTM) | 28.21% | 11.96% |
| ROA (TTM) | 13.41% | 5.90% |
| Net Margin (TTM) | 29.64% | 16.77% |
| Operating Margin (TTM) | 30.61% | 21.17% |
| Gross Margin (TTM) | 73.89% | 56.00% |
Growth
Revenue Growth
Both companies are growing quickly, but Astera Labs (ALAB) at 115.13% is the standout with revenue growth above its industry range; Advanced Micro Devices (AMD) at 34.34% also sits in the top quartile.
EPS Growth
Only one side can be read here: Advanced Micro Devices (AMD) reports EPS growth of 165.00%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.
Growth Metrics
| Metric | ALAB | AMD |
|---|---|---|
| Revenue Growth (YoY) | 115.13% | 34.34% |
| Revenue Growth (3Y CAGR) | 120.18% | 13.64% |
| EPS Growth (YoY) | -- | 165.00% |
| EPS Growth (3Y CAGR) | -- | 46.66% |
Financial Strength
Current Ratio (MRQ)
Advanced Micro Devices (AMD) at 2.73 keeps current ratio within its industry’s typical mid-range, while Astera Labs (ALAB) at 8.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
ALAB
Semiconductors & Semiconductor Equipment industry group
8.03
- Max
- 10.33
- ALAB
- 8.03
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
AMD
Semiconductors & Semiconductor Equipment industry group
2.73
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- AMD
- 2.73
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Astera Labs (ALAB) at 0.02 keeps leverage in the lower industry quartile, while Advanced Micro Devices (AMD) at 0.13 runs a more typical debt-to-equity mix.
ALAB
Semiconductors & Semiconductor Equipment industry group
0.02
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- ALAB
- 0.02
- Min
- 0.00
AMD
Semiconductors & Semiconductor Equipment industry group
0.13
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- AMD
- 0.13
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ALAB | AMD |
|---|---|---|
| Current Ratio (MRQ) | 8.03 | 2.73 |
| Debt / Equity (MRQ) | 0.02 | 0.13 |
| Net Debt / EBITDA | -3.23 | -0.59 |
Dividends
Dividend Yield (TTM)
Neither Astera Labs (ALAB) nor Advanced Micro Devices (AMD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
ALAB
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- ALAB
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AMD
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- AMD
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Astera Labs (ALAB) nor Advanced Micro Devices (AMD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
ALAB
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- ALAB
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
AMD
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- AMD
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ALAB | AMD |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Astera Labs (ALAB) at 75.38 and Advanced Micro Devices (AMD) at 95.95 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
ALAB
Semiconductors & Semiconductor Equipment industry group
75.38
- Max
- 110.34
- ALAB
- 75.38
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
AMD
Semiconductors & Semiconductor Equipment industry group
95.95
- Max
- 110.34
- AMD
- 95.95
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Both Astera Labs (ALAB) at 21.42 and Advanced Micro Devices (AMD) at 16.21 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
ALAB
Semiconductors & Semiconductor Equipment industry group
21.42
- ALAB
- 21.42
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
AMD
Semiconductors & Semiconductor Equipment industry group
16.21
- Max
- 21.42
- AMD
- 16.21
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Advanced Micro Devices (AMD) at 10.77 sits in the upper P/B ratio quartile, and Astera Labs (ALAB) at 16.67 prices even higher, above its industry range.
ALAB
Semiconductors & Semiconductor Equipment industry group
16.67
- ALAB
- 16.67
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
AMD
Semiconductors & Semiconductor Equipment industry group
10.77
- Max
- 14.06
- AMD
- 10.77
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ALAB | AMD |
|---|---|---|
| P/E Ratio (TTM) | 75.38 | 95.95 |
| P/S Ratio (TTM) | 21.42 | 16.21 |
| P/B Ratio (MRQ) | 16.67 | 10.77 |
| Free Cash Flow Yield (TTM) | 0.39% | 1.00% |