AMD vs. CBRS: Advanced Micro Devices vs. Cerebras Systems Stock Comparison
How do Advanced Micro Devices (AMD) and Cerebras Systems (CBRS) 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
Advanced Micro Devices (AMD) and Cerebras Systems (CBRS) 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) has been public since March 17, 1980, giving it decades of market history across multiple cycles, while Cerebras Systems (CBRS) listed only on May 14, 2026 and lacks comparable through-cycle data.
| Profile Item | AMD | CBRS |
|---|---|---|
| Name | Advanced Micro Devices Inc. | Cerebras Systems Inc. Class A Common Stock |
| 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 | 736.46 billion USD | 21.30 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 17, 1980 | May 14, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AMD | CBRS |
|---|---|---|
| Total Return (1Y) | 114.18% | -- |
| Total Return (3Y, Annualized) | 63.95% | -- |
| Total Return (5Y, Annualized) | 27.42% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AMD | CBRS |
|---|---|---|
| Volatility (1Y, Annualized) | 72.86% | 113.27% |
| Beta (5Y) | 2.53 | 1.86 |
| Max Drawdown (5Y) | -65.45% | -73.73% |
| Avg. Volume (3M) | 22.40M | 8.89M |
Risk-Adjusted Performance
Risk-Return Positioning
Both AMD and CBRS need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | AMD | CBRS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.51 | -- |
| Sortino Ratio (1Y) | 2.32 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Advanced Micro Devices (AMD) earns 11.96% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.
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%
CBRS
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
- CBRS
- --
Net Margin (TTM)
Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile Advanced Micro Devices (AMD) reports 16.77%, ranking against industry peers normally.
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%
CBRS
Semiconductors & Semiconductor Equipment industry group
-75.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
- CBRS
- -75.27%
Operating Margin (TTM)
Cerebras Systems (CBRS) reports a negative operating margin of -264.97%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Advanced Micro Devices (AMD) reports 21.17%, ranking against industry peers normally.
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%
CBRS
Semiconductors & Semiconductor Equipment industry group
-264.97%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
- CBRS
- -264.97%
Profitability Metrics
| Metric | AMD | CBRS |
|---|---|---|
| ROE (TTM) | 11.96% | -- |
| ROA (TTM) | 5.90% | -- |
| Net Margin (TTM) | 16.77% | -75.27% |
| Operating Margin (TTM) | 21.17% | -264.97% |
| Gross Margin (TTM) | 56.00% | 34.90% |
Growth
Revenue Growth
Both companies are growing quickly, but Cerebras Systems (CBRS) at 75.71% 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; Cerebras Systems (CBRS) has no EPS growth figure this period.
Growth Metrics
| Metric | AMD | CBRS |
|---|---|---|
| Revenue Growth (YoY) | 34.34% | 75.71% |
| Revenue Growth (3Y CAGR) | 13.64% | 174.64% |
| 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 Cerebras Systems (CBRS) at 5.83 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
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
CBRS
Semiconductors & Semiconductor Equipment industry group
5.83
- Max
- 10.33
- CBRS
- 5.83
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Advanced Micro Devices (AMD) at 0.13 and Cerebras Systems (CBRS) at 0.16 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
CBRS
Semiconductors & Semiconductor Equipment industry group
0.16
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- CBRS
- 0.16
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | AMD | CBRS |
|---|---|---|
| Current Ratio (MRQ) | 2.73 | 5.83 |
| Debt / Equity (MRQ) | 0.13 | 0.16 |
| Net Debt / EBITDA | -0.59 | -- |
Dividends
Dividend Yield (TTM)
Neither Advanced Micro Devices (AMD) nor Cerebras Systems (CBRS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
CBRS
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- CBRS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Advanced Micro Devices (AMD) nor Cerebras Systems (CBRS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
CBRS
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- CBRS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AMD | CBRS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Advanced Micro Devices (AMD) trades at 95.95 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.
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
CBRS
Semiconductors & Semiconductor Equipment industry group
--
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
- CBRS
- --
P/S Ratio (TTM)
Both look expensive on sales: Advanced Micro Devices (AMD) at 16.21 sits in the upper P/S ratio quartile, and Cerebras Systems (CBRS) at 31.30 prices even higher, above its industry range.
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
CBRS
Semiconductors & Semiconductor Equipment industry group
31.30
- CBRS
- 31.30
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Cerebras Systems (CBRS) at 2.23 looks cheap against book in the lower P/B ratio quartile, while Advanced Micro Devices (AMD) at 10.77 carries a premium in the upper quartile — a clear price-to-book gap.
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
CBRS
Semiconductors & Semiconductor Equipment industry group
2.23
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- CBRS
- 2.23
- Min
- 0.20
Valuation Metrics
| Metric | AMD | CBRS |
|---|---|---|
| P/E Ratio (TTM) | 95.95 | -- |
| P/S Ratio (TTM) | 16.21 | 31.30 |
| P/B Ratio (MRQ) | 10.77 | 2.23 |
| Free Cash Flow Yield (TTM) | 1.00% | -- |