AMD vs Broadcom Stock: How Their AI Chip Businesses Differ

The companies building AI data centers can get their chips in two ways. They can buy a standard part that the chipmaker sells to anyone who places an order, or they can pay a chip designer to build a part shaped around their own software. Both routes now come in orders so large that buyers measure them in gigawatts, the electric power a data center draws.

For an investor, that choice shapes the business behind the stock. A chipmaker that sells one design to many buyers lives on how well its catalog competes, while one that builds to order lives on a handful of very large customers coming back for the next chip. Both kinds of company call themselves AI winners, and they count their AI sales in different ways.

That makes two chip stocks harder to compare than their charts suggest. Revenue, margins and valuation multiples look like the same measures on both sides, yet each one is shaped by which model a company follows and by what else it sells beside its chips.

AMD and Broadcom are the clearest pair of those two models. AMD sells its own graphics processing units (GPUs) to many AI buyers, while Broadcom designs custom AI chips for a few of the largest ones, and the two companies often chase orders from the very same customers.

What is the difference between AMD and Broadcom stock?

AMD and Broadcom stock are shares in chipmakers with opposite AI models: AMD sells its own GPUs to many buyers, and Broadcom builds custom AI chips for a few giants. In their latest reported quarters, AMD's Data Center sales were $6.7 billion (source: AMD Form 10-Q, Q2 2026). Broadcom's AI revenue was $16.7 billion (source: Broadcom third-quarter fiscal 2026 results).

A GPU is a chip that runs thousands of small calculations at once, which is why AI models are trained and run on it. Broadcom calls its custom AI chips XPUs, its name for accelerators built to one customer's own specifications (source: Broadcom Form 10-K, fiscal 2025). Each company's latest quarterly report, and the market's prices at the October 7, 2026 close, give this snapshot:

Broadcom is the larger business, with about 2.6 times AMD's revenue in their latest quarters, worked out from the two reports. It is also the company with a second business beside chips, since three dollars in every ten of its revenue came from infrastructure software. AMD is a chip company from end to end, and it pays no dividend.

The two quarters end five weeks apart. Broadcom's fiscal year runs to about the start of November, so its third quarter covers May to early August, while AMD's second quarter covers roughly April to June. That offset matters later, because each company's report lands as news for the other stock.

How AMD and Broadcom count AI revenue

AMD and Broadcom count AI revenue differently, so their headline AI figures measure different things. AMD reports its AI chips inside a Data Center segment that also holds its server processors. Broadcom's AI semiconductor revenue includes its custom accelerators plus the networking chips that link them together inside AI data centers.

AMD's annual report lists what its Data Center segment holds: server processors (CPUs), GPUs, AI accelerators, data processing units, AI network cards and programmable chips (source: AMD Form 10-K, fiscal 2025). So the $6.7 billion figure includes AMD's EPYC server processors, which sit in ordinary cloud servers as well as AI systems. The segment made up 58.2% of AMD's revenue in the quarter, and it more than doubled from $3.2 billion a year earlier, worked out from AMD's quarterly report.

Broadcom draws the line around a set of products. Its annual report says its AI semiconductor solutions include custom accelerators, Ethernet switching chips, network cards, physical-layer devices and optical parts, along with racks and systems built on its XPUs (source: Broadcom Form 10-K, fiscal 2025). That $16.7 billion was 56.4% of Broadcom's revenue in the quarter and about 80% of its chip sales, worked out from its results. Broadcom put the year-on-year growth at 221% (source: Broadcom third-quarter fiscal 2026 results).

Say you read the two headlines side by side: $6.7 billion for AMD and $16.7 billion for Broadcom. The first number includes server processors that also run ordinary cloud services, and the second includes network switches that carry data between accelerators made by anyone. Each is a company-defined total, and each has to be read on its own terms.

The fair comparison is the direction of travel inside each company's own definition. Both figures more than doubled in a year, and both now make up more than half of their company's revenue. For the products behind AMD's figure, see AMD's business segments, and for the deals feeding its GPU sales, AMD's AI data-center story.

Merchant GPUs and custom AI chips

A merchant chip is a standard design a chipmaker sells to any buyer, the way AMD sells its Instinct GPUs. A custom AI chip, an application-specific integrated circuit (ASIC), is designed for one customer's own work. Broadcom's annual report describes its ASICs as custom products built to each customer's specifications, its XPUs among them (source: Broadcom Form 10-K, fiscal 2025).

Each model has its own appeal for the buyer. A merchant GPU is designed to run many kinds of AI work, so one design can serve many buyers. A custom chip is tuned to the tasks one company runs most, which can lower the cost of each task. Meta says it matches each accelerator to each workload to get the best mix of performance and total cost of ownership (source: Meta's post on Broadcom). The case for custom chips is laid out in why Google builds its own AI chips, and the threat they pose to GPU sellers in custom chips and Nvidia's moat.

AMD does some custom work too, but it starts from its own designs. Its annual report calls AMD the market share leader in semi-custom game console chips (source: AMD Form 10-K, fiscal 2025). Meta's first gigawatt of AMD GPUs will be powered by a custom Instinct GPU based on AMD's MI450 design, with shipments expected from the second half of 2026 (source: AMD and Meta release).

The two models also meet inside the same customers. OpenAI and Meta each intend to deploy up to 6 gigawatts of AMD data-center GPUs (source: AMD Form 10-Q, Q2 2026). OpenAI's side is set out in AMD's OpenAI agreement. OpenAI also agreed with Broadcom on 10 gigawatts of accelerators that OpenAI designs, with racks due from the second half of 2026 to the end of 2029 (source: OpenAI and Broadcom release). Meta, in turn, is co-developing several generations of its own AI accelerators, called MTIA, with Broadcom, starting with a commitment above 1 gigawatt (source: Meta's post on Broadcom).

Say you run a large AI service that already buys AMD GPUs. When you plan your next data center, you can order more of them or pay Broadcom to build a chip of your own design, and OpenAI and Meta are doing some of each. So the contest between these stocks is mostly a contest for each big buyer's next order.

Is Broadcom a competitor or a supplier to AMD?

Broadcom is a competitor to AMD and, in one version of AMD's rack, a partner. It competes for the same AI budgets, because a gigawatt a customer builds on chips developed with Broadcom can be a gigawatt it never buys from AMD. Hewlett Packard Enterprise (HPE) built the switch in its version of AMD's Helios rack with Broadcom.

Helios is AMD's rack-scale system, a whole server rack that combines AMD's EPYC processors, Instinct GPUs, Pensando networking and ROCm software (source: AMD and HPE release). On December 2, 2025, AMD said HPE would be one of the first system makers to adopt it. HPE's version adds a purpose-built HPE Juniper Networking switch, made in collaboration with Broadcom, to link the GPUs over Ethernet (source: AMD and HPE release).

A switch is the chip that passes data between devices, and a scale-up switch links the GPUs inside one rack so they can work on the same job. HPE's switch runs the Ultra Accelerator Link over Ethernet standard (source: AMD and HPE release). Connecting one rack to the next is called scale-out, and for that the Helios design uses AMD's own Pensando Vulcano network cards (source: AMD and HPE release).

Say you own AMD stock and a cloud provider buys HPE's Helios racks. AMD sells the GPUs and processors in them, and the switch that ties those GPUs together was developed with Broadcom. If the same provider later orders custom chips through Broadcom, AMD can lose the next order to a partner in its own rack.

That double role is why a Broadcom report can say something about AMD's market even when AMD is never named. More on the Helios rack and AMD's chip schedule is in AMD's MI450 and Helios roadmap.

AMD and Broadcom margins and customer concentration

Broadcom keeps more of each sales dollar than AMD and leans on fewer customers. Its latest gross margin was about 69%, against 54% at AMD. Broadcom's top five end customers took about 55% of its revenue (source: Broadcom Form 10-Q, Q3 fiscal 2026). AMD had no customer at 10% or more in 2025 (source: AMD Form 10-K, fiscal 2025).

Gross margin measures what a company keeps from its sales once it has paid to make the products, and both companies' figures here follow GAAP, the standard US accounting rules. Operating margin is what is left after research, sales and running costs as well. Say each company sold $100 of goods in its latest quarter. AMD would have kept about $54 after making its products and about $17 after all operating costs, worked out from its quarterly report. Broadcom would have kept about $69 and about $54, worked out from its results.

AMD's profit margins also move with one-off charges. Its gross margin was 40% a year earlier, and AMD's report says the rise came mainly from the absence of charges tied to US export rules on its MI308 data-center GPU, along with a richer product mix (source: AMD Form 10-Q, Q2 2026). Broadcom sells a different mix too, with 30% of its revenue from software, so the margin gap compares two kinds of business as well as two chip models.

Concentration cuts the other way. Broadcom estimates that its top five end customers, through all sales channels, accounted for about 55% of its revenue in the quarter ended August 2, 2026, up from about 40% a year earlier. It warns that losing, or seeing less demand from, any one of them could hurt its results (source: Broadcom Form 10-Q, Q3 fiscal 2026).

AMD's annual report says no customer accounted for 10% or more of its revenue in 2025 or 2024 (source: AMD Form 10-K, fiscal 2025). Its AI growth is gathering around a few buyers too, though, since the OpenAI and Meta agreements cover up to 12 gigawatts between them. The difference is one of degree: Broadcom is already concentrated, while AMD is becoming more so.

China exposure and balance sheets

AMD billed 22.4% of its 2025 revenue to customers in China, including Hong Kong (source: AMD Form 10-K, fiscal 2025). Broadcom says 17% of its fiscal 2025 revenue came from shipments there (source: Broadcom Form 10-K, fiscal 2025). Broadcom owes about $35.4 billion more than it holds in cash, while AMD holds about $9.9 billion more cash than debt.

AMD reports revenue by the billing location of the customer. Its 2025 sales to customers billed in China, including Hong Kong, were $7.8 billion of $34.6 billion, or 22.4%, worked out (source: AMD Form 10-K, fiscal 2025). Broadcom reports by the place its products are shipped or delivered. It says its end customers are often located outside China, so a much smaller share of its revenue depends on buyers there (source: Broadcom Form 10-K, fiscal 2025).

The shipment basis can say little about who finally uses a chip. Broadcom's regions follow the shipment or delivery location named by its distributors, contract manufacturers and other partners, and by that count 70.8% of its latest quarter's revenue was in Asia Pacific, worked out (source: Broadcom Form 10-Q, Q3 fiscal 2026). Its annual report adds that many of its chip customers design products in North America or Europe that are then manufactured in Asia (source: Broadcom Form 10-K, fiscal 2025). US export rules add a second China risk for AMD, explained in AMD's China and export risk.

The balance sheets differ more sharply. On August 2, 2026, Broadcom held $24.0 billion of cash against $2.3 billion of short-term debt and $57.2 billion of long-term debt (source: Broadcom third-quarter fiscal 2026 results). That is net debt of about $35.4 billion, worked out, meaning Broadcom's borrowings exceed its cash by that amount. AMD held $13.1 billion of cash and short-term investments on June 27, 2026, against $3.25 billion of debt, which leaves about $9.9 billion of net cash, worked out (source: AMD Form 10-Q, Q2 2026).

Broadcom is paying its debt down while it pays a dividend. In the first three quarters of its fiscal 2026 it repaid or bought back $10.5 billion of its notes (source: Broadcom Form 10-Q, Q3 fiscal 2026). It also produced $13.7 billion of free cash flow in the third quarter alone (source: Broadcom third-quarter fiscal 2026 results).

Broadcom's dividend and AMD's buybacks

Broadcom pays a cash dividend every quarter, and AMD pays none. Broadcom's board declared $0.65 a share on September 1, 2026, payable on September 30 to holders of record on September 21 (source: Broadcom Form 10-Q, Q3 fiscal 2026). The quarter before, on June 30, 2026, the same $0.65 a share cost Broadcom $3.1 billion in total (source: Broadcom third-quarter fiscal 2026 results).

The date that decides who gets paid is the ex-dividend date. If you buy a stock on its ex-dividend date or later, the seller receives the next dividend. If you buy before it, the dividend is yours (source: Investor.gov, ex-dividend dates). Broadcom's last ex-dividend date was September 21, 2026 (source: Yahoo Finance, Broadcom price history). That was also its record date (source: Broadcom Form 10-Q, Q3 fiscal 2026).

Say you held 100 Broadcom shares before September 21. You received $65 on September 30, which was about 0.17% of the stock's $376.51 close on October 7, worked out. That is a small payment next to a single day's move in the price, but it arrives every quarter.

AMD's annual report says it does not expect to pay dividends in the near future (source: AMD Form 10-K, fiscal 2025). It returns cash through buybacks instead, $221 million of them in the first half of 2026 (source: AMD Form 10-Q, Q2 2026). Broadcom does both: it spent $8.5 billion buying back its own stock in the first three quarters of fiscal 2026, beside $9.3 billion of dividends (source: Broadcom third-quarter fiscal 2026 results). AMD's reasons for keeping its cash are set out in AMD's dividend policy.

AMD and Broadcom valuation compared

At the October 7, 2026 close, investors paid about 58 times AMD's expected earnings for the coming year and about 22 times Broadcom's, by Stock Analysis's forward P/E. AMD's shares had also risen about 217% in a year, against about 12% for Broadcom. Both multiples rest on analysts' estimates, which can change quickly.

A P/E ratio is the share price over earnings per share, which tells you how many dollars you pay for each dollar of profit. The trailing P/E uses the past year's reported profit, and the forward P/E uses what analysts expect over the coming year. Price to sales compares market value with a year of revenue, so it stays usable when profits swing.

On past earnings, expected earnings and sales alike, AMD is the more expensive stock. A price of 58 times next year's expected earnings assumes profit keeps growing fast after that year too, so more of AMD's price rests on the future. Broadcom's lower forward multiple prices in strong growth as well, just less of it per dollar of profit expected next year. For AMD on its own, how AMD's valuation is measured walks through each ratio.

How Broadcom's software business affects the comparison

Broadcom's multiples price a company that is part chipmaker and part software maker. In its latest quarter, infrastructure software brought in $8.8 billion, or 30% of revenue, down from 43% a year earlier as the AI chip business grew faster (source: Broadcom third-quarter fiscal 2026 results).

Its quarterly report describes the segment as its private cloud, mainframe, cybersecurity and enterprise software portfolios, plus its storage-networking business. It says the segment grew mainly on strong demand for VMware Cloud Foundation, a product it gained by buying VMware, including more license revenue on contracts that customers cannot end early (source: Broadcom Form 10-Q, Q3 fiscal 2026).

Here is how $100 of Broadcom's third-quarter revenue split, worked out from its results. About $30 came from software. The other $70 came from chips, and about $56 of that was AI semiconductor revenue. So a Broadcom share is a little over half AI chips, about a seventh other chips, and three tenths software.

An AMD share is a chip business throughout: its three reporting segments are Data Center, Client and Gaming, and Embedded, each selling chips and chip-based products (source: AMD Form 10-Q, Q2 2026). When you compare the two stocks' price-to-sales ratios, then, part of Broadcom's ratio pays for software revenue that AMD does not have. The cleaner comparison is the AI share of each company's sales, set against what you pay for the whole company.

How Broadcom's earnings move AMD stock

Broadcom's results often move AMD's shares the next day, though by less. After Broadcom's last four reports, AMD's next-session move went the same way as Broadcom's three times, and it was smaller every time, measured close to close. Broadcom reports after the US market close, about a month after its quarter ends.

Each Broadcom report lands as AI-chip news between AMD's own reports. Broadcom released its four latest results on the dates shown, each with a results call at 2PM PT, after the US market close. Both stocks could then trade on the news only in the thinner after-hours or pre-market sessions until the next regular session:

The pattern is a read-across, the market applying one company's news to its peers. When Broadcom's shares fell, AMD's fell too, by less than half as much. After the September 2 report, Broadcom fell 2.74% the next day while AMD barely moved, so the effect is far from fixed: AMD closed at $456.16 against $457.06 (source: Yahoo Finance, AMD price history).

The calendars line up in a fixed order. Broadcom's fourth fiscal quarter ends on November 1, 2026 (source: Broadcom third-quarter fiscal 2026 results). Its last four reports came 31 to 39 days after a quarter ended, worked out from the release dates. AMD reports its third quarter on Tuesday, November 3, 2026, after the market close (source: AMD, third-quarter 2026 results date).

On BloFin, AMD's price is tracked by the AMDUSDT Perpetual. Outside regular weekday trading hours, and on weekends and market holidays, BloFin may limit stock futures to reduce-only orders, which can only shrink or close a position (source: BloFin stock futures notice, April 21, 2026). Both companies report after the close, so a reaction can start inside that window.

Planning around a report is the subject of trading AMD around its earnings reports, and what an overnight jump does to a leveraged position is in the AMD perpetual's overnight and weekend gap risk.

Before either company reports, the AMDUSDT Perpetual page shows where the contract is trading and what funding it is paying or charging.

AMD or Broadcom stock: Which fits your view?

Which stock fits depends on which AI bet you want to own. AMD is a bet that standard GPUs keep winning a bigger share of AI spending across many buyers. Broadcom is a bet that the largest buyers keep designing their own chips, with a software business, net debt and a dividend alongside.

Four questions turn that into a choice you can test against your own view.

First, which model do you expect to grow faster? If you think the biggest AI labs will keep moving work onto chips they design, that favors Broadcom's model. If you think most buyers will want standard GPUs and the software already written for them, that favors AMD's. Since OpenAI and Meta buy from both, the honest answer may be that both grow, and the question becomes which grows faster.

Second, how much concentration can you accept? Broadcom estimates that five end customers took about 55% of its latest quarter's revenue (source: Broadcom Form 10-Q, Q3 fiscal 2026). A change of plan at one of them can move the whole company. AMD's revenue is spread more widely today, although its largest AI agreements sit with a few labs.

Third, do you want a balance sheet with cash or a payout? AMD holds net cash and pays no dividend. Broadcom carries net debt, pays a dividend every quarter and is paying its debt down.

Fourth, what are you paying? At the October 7, 2026 close, AMD cost about 58 times expected earnings, after a year in which its shares more than tripled (source: Stock Analysis, AMD statistics). Broadcom cost about 22 times, after its shares rose about 12% (source: Stock Analysis, Broadcom statistics). A higher multiple leaves less room for a disappointing quarter, and AMD's November 3 report is the next test of that.

Say you find Broadcom's model more convincing on the first question but prefer AMD's wider spread of customers on the second. Then the real decision is how much of each risk you want to carry, and owning some of both stocks is one way to hold that mix.

The same four questions work for other pairs. The Nvidia comparison is in Nvidia and AMD stock compared, and the factory-owner comparison is in AMD and Intel stock compared.

AMD and Broadcom perpetuals on BloFin

Each stock has its own perpetual on BloFin: the AMDUSDT Perpetual for AMD and the AVGOUSDT Perpetual for Broadcom, whose ticker is AVGO. Each offers up to 20x leverage, covers 0.01 of a share per contract and settles in USDT. Each tracks its stock's price through an index, so what you hold is price exposure rather than shares.

The two contracts match on their terms. The AMD contract offers leverage from 1x to 20x, with a minimum order of 0.01 AMD (source: BloFin, AMDUSDT contract information). The Broadcom contract offers the same range, with a minimum order of 0.01 AVGO (source: BloFin, AVGOUSDT contract information).

The AMD contract settles funding every eight hours (source: BloFin, AMDUSDT contract information). The Broadcom contract settles on the same schedule (source: BloFin, AVGOUSDT contract information). Funding is a payment between longs and shorts, covered in the AMD perpetual's funding rate. In a pair you pay or receive it on each leg separately, so the two payments can add up or cancel out, and the hours in which each contract trades are explained in the AMD perpetual explained.

Stock futures carry no right to dividends (source: BloFin stock futures notice, April 21, 2026). A long AVGOUSDT position held through September 21 received none of Broadcom's $0.65, and what happens to a perpetual's price on an ex-dividend date is explained in AMD ETFs and the AMD perpetual.

Holding both legs makes a pair trade, a position on the gap between two stocks. Say you want to bet on Broadcom's model against AMD's without betting on chip stocks as a whole. At the October 7, 2026 closes, one AVGOUSDT contract covered about $3.77 of Broadcom and one AMDUSDT contract about $6.46 of AMD. A $3,000 long in Broadcom is about 7.97 AVGO, or 797 contracts, and a $3,000 short in AMD about 4.64 AMD, or 464 contracts, worked out.

Had you held a $3,000-a-side pair like that through June 4, 2026, it would have shown how a pair can still lose. The Broadcom long would have lost about $378, because Broadcom fell 12.59% that day (source: Yahoo Finance, Broadcom price history). The AMD short would have gained about $107, because AMD fell 3.56% (source: Yahoo Finance, AMD price history). That leaves a net loss of about $271, worked out from the two closes. At 3x leverage each leg would hold about $1,000 of margin, and the Broadcom leg would have lost over a third of its margin in one day.

A leveraged position is reduced or closed when the collateral behind it, after unrealized gains and losses, falls to the maintenance margin plus the closing fee, in isolated and cross margin alike (source: BloFin Help Center, Forced Liquidation Rules). How to set leverage on the AMD leg step by step is in trading AMD with leverage on BloFin.

Looking to trade AMD against Broadcom? To get started, you'll need to first create a BloFin account, fund your account with cryptocurrency, and go to the AMDUSDT Perpetual trading page or AVGOUSDT Perpetual trading page.

Frequently asked questions

Is Broadcom bigger than AMD?

Broadcom is the bigger company by revenue. It reported $63.9 billion of revenue for its fiscal year ended November 2, 2025, up from $51.6 billion the year before (source: Broadcom Form 10-K, fiscal 2025). AMD reported $34.6 billion for its fiscal year ended December 27, 2025, up from $25.8 billion (source: AMD Form 10-K, fiscal 2025). That makes AMD the faster grower over that year, at about 34% against Broadcom's 24%, worked out, although Broadcom's sales were still nearly twice as large.

Does Broadcom make GPUs?

Broadcom's AI chips are custom accelerators, which it calls XPUs, each designed for one customer. Its wider AI range also covers Ethernet switches, network cards and optical parts, and it sells whole racks and systems built on its XPUs (source: Broadcom Form 10-K, fiscal 2025). In June 2026 it launched a financing setup, the AI XPV platform, meant to let partners fund more than 20 gigawatts of XPU-based computing for leading AI labs through 2028. It opened with a first tranche of $35 billion covering more than 1 gigawatt for one customer (source: Broadcom Form 10-Q, Q3 fiscal 2026).

Who is Broadcom's biggest customer?

Broadcom's filings give shares of revenue without naming anyone, and its largest figure describes a sales channel rather than a buyer. Direct sales to one chip customer, which is a distributor, were 32% of fiscal 2025 revenue and 28% of fiscal 2024 (source: Broadcom Form 10-K, fiscal 2025), and 50% in the quarter ended August 2, 2026 (source: Broadcom Form 10-Q, Q3 fiscal 2026). A distributor resells to end customers, so those shares describe a channel and the buyers behind it go unnamed. For end customers the annual report gives only a group figure: the top five took about 40% of revenue in fiscal 2025 and in fiscal 2024 (source: Broadcom Form 10-K, fiscal 2025).

Is AMD stock more volatile than Broadcom stock?

AMD has been the more volatile stock by beta, a measure of how much a share has moved compared with the whole market. Stock Analysis put AMD's five-year beta at 2.45 at the October 7, 2026 close (source: Stock Analysis, AMD statistics). Broadcom's was 1.48 (source: Stock Analysis, Broadcom statistics). Over those five years, AMD's shares have tended to move about 2.45% for each 1% move in the market, and Broadcom's about 1.48%. Beta looks backward and can change as each business changes, and AMD's volatility also shows in its daily range and its biggest one-day moves.

Does Broadcom stock pay a dividend?

Broadcom pays a quarterly dividend of $0.65 a share, or $2.60 a year, which was a yield of about 0.69% at the October 7, 2026 close (source: Stock Analysis, Broadcom statistics). Stock Analysis also counts 15 straight years of dividend growth for Broadcom, with a rise of about 10% over the past year. A yield that low means most of a Broadcom holder's return still depends on the share price, and the dividend adds a small, steady payment beside it.

Researched and written by the BloFin Academy editorial team with AI-assisted drafting. All facts independently verified. Primary sources include Broadcom's third-quarter fiscal 2026 results release, its Form 10-Q for the quarter ended August 2, 2026, its Form 10-K for fiscal 2025 and its results releases for the fourth quarter of fiscal 2025 and the first and second quarters of fiscal 2026. They also include AMD's Form 10-Q for the quarter ended June 27, 2026, its Form 10-K for fiscal 2025, its releases on Meta of February 24, 2026, on HPE of December 2, 2025 and on its third-quarter 2026 results date, the OpenAI and Broadcom release of October 13, 2025 and Meta's post on Broadcom of April 14, 2026. The rest are Investor.gov's guide to ex-dividend dates, price histories from Yahoo Finance and valuation data from Stock Analysis. BloFin's sources are its AMDUSDT and AVGOUSDT contract information, its stock futures notice of April 21, 2026 and its help center article on forced liquidation, current as of October 8, 2026.

Nothing in this article constitutes financial advice, and nothing in it is a recommendation to buy, sell or hold AMD or Broadcom in any form. Broadcom's sales lean on a few very large buyers and AMD's AI growth on a few labs, and either stock can move sharply on a single report, as Broadcom's 12.59% fall after its June 3, 2026 results showed. A pair trade on the AMDUSDT and AVGOUSDT Perpetuals carries two funding payments and two liquidation prices, and the perpetuals pay no dividends. Outside regular weekday trading hours, and on weekends and market holidays, BloFin may accept only orders that reduce a position. Past performance does not indicate future results. Do your own research and consider your risk tolerance before you trade on BloFin.