The two chip stocks ended Monday differently. This comparison uses completed November 2 U.S. regular-session closes for both companies. AMD closed the completed November 2 regular session at $466.84, down 7.52% from Friday's $504.80. Broadcom closed at $322.23, down 1.18% from $326.08. These are regular-session closes; any later quotes are separate observations. The price moves do not establish a single cause.
One dated comparison window
From the May 4 close through the November 2 close, AMD rose 36.69% ($341.54 to $466.84) and Broadcom fell 22.63% ($416.50 to $322.23). Both series should be rebased to 100 on the same May 4 close. AMD had a larger gain over that window despite the sharper Monday fall. This price comparison describes history, not a forecast or a like-for-like business valuation.
What the latest reported quarters establish
AMD's latest reported quarter ended June 27, 2026. It reported $11.536 billion of revenue, $1.38 GAAP diluted EPS and $1.66 non-GAAP diluted EPS. Data Center revenue was $6.718 billion, up 107% year over year. Cash from operations was $2.366 billion; company-defined free cash flow was $1.558 billion. AMD had $13.111 billion in cash and short-term investments and $3.226 billion of debt. Its Data Center segment includes EPYC processors and Instinct accelerators.
Broadcom's latest reported fiscal quarter ended August 2, 2026. It reported $29.591 billion of revenue, $2.68 GAAP diluted EPS and $3.32 non-GAAP diluted EPS. Cash from operations was $14.197 billion; company-defined free cash flow was $13.665 billion. Broadcom said AI semiconductor revenue was $16.7 billion, up 221% year over year. Its AI semiconductor category is not equivalent to AMD's full Data Center segment.
The periods, business scopes and non-GAAP adjustments differ. These segment revenue figures do not measure market share against each other, and the adjusted EPS figures should not be treated as identical accounting measures. Compare cash flow and balance-sheet context alongside growth, rather than relying on one headline number.
The next test
AMD has announced its third-quarter report for November 3. As of this November 3 pre-results review, those results are not yet reported. Its earlier third-quarter revenue outlook was approximately $13.0 billion, plus or minus $0.3 billion. Reported Data Center growth, operating cash flow, company-defined free cash flow, share count and updated guidance will determine whether that earlier outlook held. Broadcom guided to approximately $34.8 billion of fiscal fourth-quarter revenue and expected $21.7 billion of AI semiconductor revenue; both are company forecasts, not results.
The price charts use completed November 2 daily bars and show reported daily volume. They do not show a volume profile. See Daily Levels and the newsletter. Market research only, not a recommendation to buy or sell.
Sources: AMD second-quarter release, filed exhibit; AMD November 3 report announcement; Broadcom fiscal third-quarter release; completed November 2 Yahoo daily bars, with CNBC close cross-check for both tickers. Price calculations use unrounded close data and display two decimals.