NVIDIA Competitors: 4 Chip Rivals Compared on Data (2026)
NVIDIA's closest listed competitors by business overlap are AMD, Broadcom, Intel and Marvell. NVIDIA reported $96.2 bn of revenue in Q2 FY2027, up 105.9% year on year; Broadcom, the largest of the four, reported $29.6 bn in Q3 FY2026. This is a data page, not a recommendation.
Who are NVIDIA's competitors? Four listed rivals in one table
Four listed companies overlap with NVIDIA's data center business: AMD, Broadcom, Intel and Marvell. Together they reported $62.2 bn of revenue in their latest quarters, against $96.2 bn for NVIDIA alone.
| Company | Ticker | Market cap | Latest-quarter revenue | YoY | Gross margin | Overlap with NVIDIA |
|---|---|---|---|---|---|---|
| NVIDIA | NVDA | $4.19 tn | $96.2 bn (Q2 FY2027) | +105.9% | 75.0% | Data center is 89.7% of FY2026 revenue ($193.7 bn) |
| Broadcom | AVGO | $1.65 tn | $29.6 bn (Q3 FY2026) | +85.5% | 69.1% | Custom AI accelerators and Ethernet networking in its semiconductor segment, per its investor materials; AI revenue is not broken out in this data |
| AMD | AMD | $906.8 bn | $13.4 bn (Q3 FY2026) | +44.7% | 53.9% | Data center segment (server CPUs, GPUs, AI accelerators): $16.6 bn, 48.0% of FY2025 revenue |
| Intel | INTC | $332.2 bn | $16.5 bn (Q3 FY2026) | +20.9% | 43.0% | Data center segment (server CPUs, AI accelerators): $16.9 bn, 32.0% of FY2025 revenue |
| Marvell | MRVL | $148.0 bn | $2.74 bn (Q2 FY2027) | +36.5% | 53.1% | Data center segment: $6.1 bn, 74.4% of FY2026 revenue |
Source: Winus (winus.ai) financial data (official data aggregated from global exchanges and trading partners), retrieved Nov 12, 2026 (HKT). Market caps are at the Nov 11, 2026 US close, the previous trading day. Reported figures are GAAP results in US dollars; each row is that company's latest report, and fiscal calendars differ, so the quarters do not end on the same date. Company filings: NVIDIA investor relations, Broadcom investor relations, AMD investor relations, Intel investor relations, Marvell investor relations.
How the four were chosen: by business overlap, not market cap. Each sells chips into data center and AI networking budgets and reports a data center or semiconductor line in its own segment disclosure. In-house chips built by cloud providers are not listed because they are not sold as chips, and memory and foundry suppliers are suppliers, not rivals. The table is ordered by market cap only for readability.
Which NVIDIA competitor is growing fastest?
Broadcom. Its revenue rose 85.5% year on year in Q3 FY2026 to $29.6 bn, against 44.7% for AMD, 36.5% for Marvell and 20.9% for Intel. NVIDIA's own growth was 105.9% in Q2 FY2027.
Show data
| Period | % | Note |
|---|---|---|
| NVIDIA | 105.9 | Q2 FY2027 |
| Broadcom | 85.5 | |
| AMD | 44.7 | |
| Marvell | 36.5 | |
| Intel | 20.9 |
Source: Winus (winus.ai) financial data, retrieved Nov 12, 2026 (HKT); GAAP revenue, each company's latest quarter against the same quarter a year earlier
NVIDIA's own year-on-year rate is the benchmark for every row. Its Q2 FY2027 revenue more than doubled, from $46.7 bn to $96.2 bn, which is an extra $49.5 bn in one year, more than the entire latest-quarter revenue of AMD, Intel and Marvell combined ($32.6 bn). Broadcom's increase over the same kind of comparison is $13.6 bn.
Revenue in USD billions, latest quarter against the same quarter a year earlier:
| Company | Latest quarter | Revenue | Year earlier | YoY |
|---|---|---|---|---|
| NVIDIA | Q2 FY2027 | 96.2 | 46.7 | +105.9% |
| Broadcom | Q3 FY2026 | 29.6 | 16.0 | +85.5% |
| AMD | Q3 FY2026 | 13.4 | 9.2 | +44.7% |
| Marvell | Q2 FY2027 | 2.74 | 2.01 | +36.5% |
| Intel | Q3 FY2026 | 16.5 | 13.7 | +20.9% |
Three things the table says on its own:
- No rival is growing as fast as NVIDIA, and Broadcom is closest. The gap is 20.4 percentage points (105.9% against 85.5%). Broadcom's growth is on a year-earlier base of $16.0 bn, about eight times Marvell's $2.0 bn.
- NVIDIA's quarter is 7.2 times AMD's and 5.8 times Intel's. Its $96.2 bn compares with $13.4 bn and $16.5 bn. Against Broadcom the multiple is 3.3.
- Intel is the only rival growing slower than 30%. Its 20.9% follows four quarters between −4.1% and +2.8% in FY2025, so part of the rate is a low base.
Which NVIDIA competitor has the highest gross margin?
Broadcom, at 69.1% in Q3 FY2026, 5.9 points below NVIDIA's 75.0%. AMD (53.9%) and Marvell (53.1%) are close to each other; Intel is lowest at 43.0%.
Show data
| Period | % |
|---|---|
| NVIDIA | 75.0 |
| Broadcom | 69.1 |
| AMD | 53.9 |
| Marvell | 53.1 |
| Intel | 43.0 |
Source: Winus (winus.ai) financial data, retrieved Nov 12, 2026 (HKT); GAAP gross margin, each company's latest quarter
The spread between NVIDIA and the lowest of the five is 32.0 percentage points. Intel's 43.0% is its best quarter in the last eight reported; AMD's 53.9% sits inside the 52.8% to 54.3% band it has held for four quarters. NVIDIA's gross margin has been at or above 72% for five straight quarters; see NVIDIA's earnings guidance page for the quarter-by-quarter series. Segment-level margins, which would show what the data center lines earn on their own, are not on this page.
How big is NVIDIA's data center business next to its competitors?
NVIDIA's data center revenue was $193.7 bn in FY2026, 11.6 times AMD's $16.6 bn and 11.5 times Intel's $16.9 bn. NVIDIA's is 31.8 times Marvell's $6.1 bn.
Show data
| Period | USD bn | Note |
|---|---|---|
| NVIDIA | 193.7 | FY2026 |
| Intel | 16.9 | FY2025 |
| AMD | 16.6 | FY2025 |
| Marvell | 6.1 | FY2026 |
Source: Winus (winus.ai) financial data, retrieved Nov 12, 2026 (HKT); segment revenue as reported, latest full fiscal year
| Company | Data center revenue | Share of company revenue | Fiscal year |
|---|---|---|---|
| NVIDIA | $193.7 bn | 89.7% | FY2026 |
| Intel | $16.9 bn | 32.0% | FY2025 |
| AMD | $16.6 bn | 48.0% | FY2025 |
| Marvell | $6.1 bn | 74.4% | FY2026 |
| Broadcom | Not in this data | Not in this data | FY2025 |
NVIDIA's FY2026 and AMD's and Intel's FY2025 end about a month apart, so the comparison is close to like for like by calendar year. Intel's data center segment is smaller than its PC chips segment; AMD's data center segment is its largest. Broadcom's AI revenue is not broken out in this data, so Broadcom is left out of the chart; see Broadcom's investor relations for its AI semiconductor figures.
NVIDIA vs its competitors: latest fiscal-year revenue and net income
NVIDIA earned $120.1 bn of net income on $215.9 bn of revenue in FY2026, a 55.6% net margin. Among rivals, Broadcom had the largest FY2025 net income, $23.1 bn at a 36.2% margin.
| Company | Fiscal year | Revenue | Net income | Net margin |
|---|---|---|---|---|
| NVIDIA | FY2026 | $215.9 bn | $120.07 bn | 55.6% |
| Broadcom | FY2025 | $63.9 bn | $23.13 bn | 36.2% |
| Marvell | FY2026 | $8.19 bn | $2.67 bn | 32.6% |
| AMD | FY2025 | $34.6 bn | $4.34 bn | 12.5% |
| Intel | FY2025 | $52.9 bn | −$0.27 bn | −0.5% |
NVIDIA's FY2026 net income was 5.2 times Broadcom's FY2025 figure on 3.4 times the revenue. Intel is the only company in the table with a net loss for the year. The fiscal years are each company's own, and they end at different dates; Broadcom's and Marvell's calendars are on their investor relations pages.
How do NVIDIA's competitors compare on P/E, P/S and market cap?
NVIDIA trades at 21.7 times trailing earnings, below Broadcom's 43.1x, Marvell's 56.1x and AMD's 119.0x. Intel has no meaningful P/E because its trailing net income is negative.
| Company | Market cap | Trailing P/E | Trailing P/S | Price to book |
|---|---|---|---|---|
| NVIDIA | $4.19 tn | 21.7x | 13.8x | 18.3x |
| Broadcom | $1.65 tn | 43.1x | 18.5x | 16.5x |
| AMD | $906.8 bn | 119.0x | 20.0x | 13.3x |
| Intel | $332.2 bn | Not meaningful | 5.5x | 2.9x |
| Marvell | $148.0 bn | 56.1x | 15.7x | 8.0x |
All as of the Nov 11, 2026 close, computed on the four reported quarters to each company's latest report. NVIDIA's market value is 2.5 times Broadcom's and 4.6 times AMD's, and 1.4 times the four rivals' combined $3.04 tn. This page reports the multiples and does not rate any of the stocks. For NVIDIA's own history and range, see NVIDIA's guidance and valuation page.
What to watch next for NVIDIA and its competitors
Three events set the next comparison: NVIDIA's Q3 FY2027 report against its $108 bn guide, Broadcom's and Marvell's next reports against their latest quarters, and AMD's and Intel's Q4 reports against $13.4 bn and $16.5 bn.
- NVIDIA: Q3 FY2027 report on Nov 17, 2026, per its newsroom notice. Revenue against the $108 bn ±2% guide ($105.8 bn to $110.2 bn) and gross margin against 74% ±50 bps. The exact guidance sentences are in NVIDIA's Q3 FY2027 guidance, quoted verbatim. Confirm the date on NVIDIA's investor site.
- Broadcom and Marvell: next reports, dates per each company's investor relations. Broadcom's Q4 FY2026 against $29.6 bn of revenue and a 69.1% gross margin in Q3. Marvell's Q3 FY2027 against $2.74 bn and 53.1%.
- AMD and Intel: Q4 FY2026 reports, dates per investor relations. AMD against $13.4 bn of revenue and a 53.9% margin; Intel against $16.5 bn and 43.0%. Intel's four trailing quarters add up to a net loss of $12.0 bn.
Not on this page: analyst consensus, each company's guidance for its next quarter (other than NVIDIA's), segment gross margins, and Broadcom's AI revenue. Those are in each company's earnings release and filings. Qualcomm and other chip companies are not in the table; the selection rule is above.
How to compare NVIDIA and its competitors yourself in Winus
Open Winus, type #NVDA, #AMD, #AVGO, #INTC and #MRVL in one message and ask for a side-by-side of revenue growth, margins and multiples. The Comparable Company Analysis skill can produce the comps as an Excel workbook you can keep, with written analysis; the tables above are a snapshot of the same fields.
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Related reading: NVIDIA vs AMD, AMD vs Intel, Is Nvidia a Buy? NVDA Price, P/E and 8 Quarters.
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Data sourced from Winus (winus.ai) financial data, which aggregates official data from global exchanges and trading partners. Figures as retrieved on Nov 12, 2026 (HKT); company filings govern if they differ. This page is for information only and is not investment advice.
FAQ
Who are NVIDIA's main competitors?
Listed chip companies that sell into the same data center budgets: AMD, Broadcom, Intel and Marvell. By data center revenue, NVIDIA reported $193.7 bn in FY2026; Intel $16.9 bn and AMD $16.6 bn in FY2025; Marvell $6.1 bn in FY2026. Broadcom does not break out AI revenue in this data.
Is AMD a competitor of NVIDIA?
Yes, in data center. AMD's data center segment, which includes server CPUs, GPUs and AI accelerators, brought in $16.6 bn in FY2025, 48.0% of its revenue. NVIDIA's data center revenue was $193.7 bn in FY2026, 11.6 times as large.
Which NVIDIA competitor is growing fastest?
Broadcom. Its revenue rose 85.5% year on year in Q3 FY2026, to $29.6 bn. AMD rose 44.7%, Marvell 36.5% and Intel 20.9% in their latest quarters. NVIDIA itself grew 105.9% in Q2 FY2027, to $96.2 bn.
Where do the numbers on this page come from?
Revenue, gross margin, net income, market value and P/E are from Winus financial data, retrieved Nov 12, 2026 (HKT), with prices at the Nov 11, 2026 US close. Each company's own filings govern if they differ.
What is Winus?
Winus is a financial AI agent platform built on professional financial data and research expertise. It combines specialized tools, reusable financial skills and coordinated AI agents so a natural-language request about a company, fund or market can produce research reports, Excel models and presentation decks. Type #NVDA in Winus to run this page's analysis yourself.