Advanced Micro Devices, Inc. (AMD) surpassed a $1 trillion market valuation for the first time on Monday as investors continued betting on rising demand for AI computing, according to Reuters.
AMD shares climbed 9.6% to a record $613.31. The rally strengthens AMD’s position as a major rival to Nvidia, the leading supplier of graphics processors used in artificial intelligence systems.
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AMD hits $1 trillion market cap for the first time as stock rides 5-day rally https://t.co/VzluspWItp
— CNBC Tech (@CNBCtech) September 21, 2026
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TIPP Staff
