Which was the better investment since 2020, AMD or Nvidia?

Nvidia was the better investment. $1,000 invested in Nvidia in 2020 would be worth $34,005 today, compared to $12,360 for AMD.

What would $1,000 in AMD vs Nvidia be worth today?

$1,000 invested in AMD in 2020 would be worth $12,360 today (+1136.0%). The same $1,000 in Nvidia would be worth $34,005 (+3300.5%).

How do AMD and Nvidia compare to the S&P 500 since 2020?

The same $1,000 invested in the S&P 500 in 2020 would be worth $2,540 today (+154%). AMD returned $12,360 and Nvidia returned $34,005 over the same period.

AMD vs Nvidia: $1,000 invested since 2020

AMD vs NVDA · Data through 2026-06-01

Investment amount

$1,000 invested in 2020 would be worth

AMD

$12,360

+1136.0%

NvidiaWinner

$33,990

+3299.0%

The same $1,000 in the S&P 500 would be worth $2,540(+154%)

Growth of $1,000

AMD vs. Nvidia vs. S&P 500, 2020 to present

Year-by-year comparison

AMD vs. Nvidia, 2020 to present

Year	AMD	Return	Nvidia	Return	S&P 500
2020	$1,000	-	$1,000	-	$1,000
2021	$1,822	+82.2%	$2,201	+120.1%	$1,172
2022	$2,431	+33.4%	$4,153	+88.7%	$1,444
2023	$1,599	-34.2%	$3,317	-20.1%	$1,325
2024	$3,568	+123.1%	$10,450	+215.1%	$1,598
2025	$2,467	-30.9%	$20,399	+95.2%	$2,018
2026	$5,037	+104.2%	$32,480	+59.2%	$2,347

Which came out ahead

Nvidia (NVDA) outpaced AMD (AMD) over this stretch from 2020. That $1,000 grew to $34,005 in NVDA versus $12,360 in AMD as of 2026-06-01, roughly $21,645 more in the end.

In total-return terms the order is clear. Nvidia returned +3300.5% against AMD at +1136.0%, a gap of about 2164.5 percentage points over the 6.6-year window. Compounded, that is about 70.9% a year for NVDA against 46.5% for AMD.

Both holdings beat a plain S&P 500 fund over the same span, which would have turned that $1,000 into about $2,540 at roughly 15.2% a year. The two paths differed in how rough they were. Nvidia moved across a far wider band of yearly returns than AMD did. All figures use split-adjusted closing prices and exclude dividends, taxes, fees, and inflation, so a real after-tax result would differ.

This is a record of what already happened, not financial advice or a recommendation of either name. Past performance does not guarantee future results.

Other start years

AMD vs Nvidia from a different starting point

Since 2000 Since 2005 Since 2010 Since 2015 Since 2023

Individual stock pages

AMD since 2020+1136.0%Nvidia since 2020+3300.5%

Compare any two stocks

Pick any two companies, any start date, any amount. See the winner instantly.

Numbers worth sharing

Occasional data drops when something interesting surfaces. No schedule, just signal.

For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.