VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Advanced Micro Devices, Inc. vs QUALCOMM Incorporated

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Advanced Micro Devices, Inc.

AMD · The Nasdaq Stock Market LLC

Market cap (USD)$810.1B
Gross margin (TTM)50.3%
Operating margin (TTM)11.7%
Net margin (TTM)13.4%
SectorTechnology
IndustrySemiconductors
CountryUS
Data as of2026-05-01
Moat score
74/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Advanced Micro Devices, Inc.'s moat claims, evidence, and risks.

View AMD analysis

QUALCOMM Incorporated

QCOM · NASDAQ Global Select Market

Market cap (USD)$243.3B
Gross margin (TTM)54.8%
Operating margin (TTM)25.5%
Net margin (TTM)22.3%
SectorTechnology
IndustrySemiconductors
CountryUS
Data as of2025-12-30
Moat score
70/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into QUALCOMM Incorporated's moat claims, evidence, and risks.

View QCOM analysis

Comparison highlights

  • Moat score gap: Advanced Micro Devices, Inc. leads (74 / 100 vs 70 / 100 for QUALCOMM Incorporated).
  • Segment focus: Advanced Micro Devices, Inc. has 4 segments (48% in Data Center); QUALCOMM Incorporated has 4 segments (62.8% in Handset chipsets (Snapdragon platforms)).
  • Moat breadth: Advanced Micro Devices, Inc. has 6 moat types across 3 domains; QUALCOMM Incorporated has 7 across 4.

Primary market context

Advanced Micro Devices, Inc.

Data Center

Market

Global data-center compute semiconductors, centered on x86 server CPUs and merchant AI accelerators

Geography

Global

Customer

Hyperscalers, cloud providers, OEMs/ODMs, enterprises, and supercomputing centers

Role

Fabless processor, accelerator, networking, and adaptive-compute silicon designer

Revenue share

48%

QUALCOMM Incorporated

Handset chipsets (Snapdragon platforms)

Market

Smartphone application processors and cellular modem/RF platforms

Geography

Global

Customer

Smartphone OEMs

Role

fabless semiconductor/platform supplier

Revenue share

62.8%

Side-by-side metrics

Advanced Micro Devices, Inc.
QUALCOMM Incorporated
Ticker / Exchange
AMD - The Nasdaq Stock Market LLC
QCOM - NASDAQ Global Select Market
Market cap (USD)
$810.1B
$243.3B
Gross margin (TTM)
50.3%
54.8%
Operating margin (TTM)
11.7%
25.5%
Net margin (TTM)
13.4%
22.3%
Sector
Technology
Technology
Industry
Semiconductors
Semiconductors
HQ country
US
US
Primary segment
Data Center
Handset chipsets (Snapdragon platforms)
Market structure
Oligopoly
Oligopoly
Market share
28.8%-41.3% (estimated)
22%-26% (estimated)
HHI estimate
5,899
n/a
Pricing power
Moderate
Moderate
Moat score
74 / 100
70 / 100
Moat domains
Demand, Supply, Network
Supply, Network, Demand, Legal
Last update
2026-05-01
2025-12-30

Moat coverage

Shared moat types

Design In QualificationKeystone ComponentEcosystem Complements

Advanced Micro Devices, Inc. strengths

Interoperability HubDe Facto StandardBrand Trust

QUALCOMM Incorporated strengths

Capex Knowhow ScaleScope EconomiesIP Choke PointLong Term Contracts

Segment mix

Advanced Micro Devices, Inc. segments

Full profile >

Data Center

Oligopoly

48%

Client CPUs

Duopoly

30.7%

Gaming

Oligopoly

11.3%

Embedded

Oligopoly

10%

QUALCOMM Incorporated segments

Full profile >

Handset chipsets (Snapdragon platforms)

Oligopoly

62.8%

Automotive silicon (connectivity, digital cockpit, ADAS/AD)

Oligopoly

8.9%

IoT silicon (consumer, industrial, edge networking)

Competitive

14.9%

Wireless technology licensing (cellular SEPs, royalties)

Oligopoly

12.6%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

View the moat stocks list

Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.