AOSL
Alpha and Omega Semiconductor Limited
AOSL's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA has the edge over AOSL overall, supported by stronger fundamentals and stronger valuation.
AOSL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Strong |
AOSL's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
AOSL PE Valuation
AOSL has no meaningful PE right now: it lost money over the past year.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA's PE is in its cheap range at 21x. If earnings grow as analysts expect, today's price would be 12x next year's earnings.
AOSL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AOSL has the edge over NVDA on the outlook, with more favorable profitability expectations.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
AOSL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.54 | +$1.74 |
| Q2 2026 | -$1.41 | +$1.89 |
| Q1 2026 | -$3.59 | -$2.81 |
| Q4 2025 | -$3.50 | -$2.70 |
| Q3 2025 | -$3.28 | -$2.61 |
| Q2 2025 | -$3.30 | -$2.91 |
| Q1 2025 | -$0.78 | -$0.49 |
| Q4 2024 | -$0.80 | -$0.22 |
AOSL lost $1.54 per share over the past year, a smaller loss than the year before.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA has the edge over AOSL on earnings quality, reporting a profit while its opponent remains loss making.
AOSL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $177.8M | -2.6% |
| Q2 2026 | $170.4M | -3.5% |
| Q1 2026 | $163.8M | -0.5% |
| Q4 2025 | $162.3M | -6.3% |
| Q3 2025 | $182.5M | +0.3% |
| Q2 2025 | $176.5M | +9.4% |
| Q1 2025 | $164.6M | +9.7% |
| Q4 2024 | $173.2M | +4.8% |
AOSL's revenue grew through 2023 and has held roughly level since: $178M last quarter, down 2.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -5.1% | -2.6 points |
| Q2 2026 | -6.5% | +0.1 points |
| Q1 2026 | -8.6% | -2.1 points |
| Q4 2025 | -8.4% | -4.9 points |
| Q3 2025 | -2.5% | -2.4 points |
| Q2 2025 | -6.6% | -5.7 points |
| Q1 2025 | -6.5% | +0.5 points |
| Q4 2024 | -3.4% | -2.7 points |
AOSL's operating margin was −5.1% last quarter, down 2.6 points from the same quarter a year ago.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over AOSL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA has the edge over AOSL on profitability, with a higher operating margin.
AOSL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.6M | -955% |
| Q2 2026 | -$24.9M | -$7.8M |
| Q1 2026 | -$20.5M | -$19.4M |
| Q4 2025 | -$23.1M | -450% |
| Q3 2025 | $420K | -90% |
| Q2 2025 | -$17.2M | -$17M |
| Q1 2025 | -$1.1M | -105% |
| Q4 2024 | $6.6M | +$39.6M |
AOSL has burned cash in six of the last eight quarters: −$72M over the past year, against −$11M the year before.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA has the edge over AOSL on cash generation, producing positive trailing cash flow while its opponent burns cash.
AOSL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +335K shares |
| 1 year | +0.8% | +250K shares |
| 3 years | +1.7% | +500K shares |
| 5 years | +9.6% | +2.6M shares |
| Available history | +23% | +5.6M shares |
AOSL has 30M diluted shares, up 0.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $4.2M |
| Q2 2024 | — |
| Q2 2023 | $10.8M |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has the edge over AOSL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
AOSL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -17.4x | Net Cash |
| Q2 2026 | -12.6x | Net Cash |
| Q1 2026 | -12.9x | Net Cash |
| Q4 2025 | -8.8x | Net Cash |
| Q3 2025 | -7.4x | Net Cash |
| Q2 2025 | -3.7x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -4.0x | Net Cash |
AOSL has the edge over NVDA on leverage, with a lower net debt burden relative to earnings.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
AOSL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.6 | Neutral |
| Stochastic | 35.8 | Neutral |
AOSL's weekly RSI is 53 (neutral) and its Stochastic is 36 (neutral).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
AOSL PE vs Technology Sector
| Metric | AOSL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
AOSL has no meaningful PE right now: it lost money over the past year.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA is trading at 21x earnings, a 25% discount to the Technology sector's median of 28x.
AOSL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.9 | 18% above |
| 20 week MA | $28.5 | 7.2% above |
| 50 week MA | $28.9 | 5.6% above |
| 100 week MA | $28.2 | 8.2% above |
| 200 week MA | $28.9 | 5.6% above |
AOSL has the edge over NVDA on trend strength, trading above more of its moving averages.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% above its 200-week average.
AOSL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.7 | $23.4 | +72% |
| 2021 | $23.4 | $55.3 | +136% |
| 2022 | $55.3 | $28.7 | -48% |
| 2023 | $28.7 | $26.1 | -9.3% |
| 2024 | $26.1 | $38.4 | +47% |
| 2025 | $38.4 | $20.1 | -47% |
| 2026 YTD | $20.1 | $30.5 | +52% |
AOSL has the edge over NVDA on returns for 2026, with the stronger performance.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA's yearly returns have swung widely, from +226% in 2023 to −49% in 2022. It's down 13% so far in 2026.