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AMD Stock Crosses $1 Trillion — and the Market Still Underestimates the Dark Horse
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- Sep 25, 2026, 11:22 AM UTC
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Advanced Micro Devices, Inc. (NASDAQ:AMD) has crossed the $1 trillion market-capitalization threshold for the first time, with shares rising 9.6% to a record $613.31 on September 21. Reuters attributed the rally to stronger investor confidence in AMD’s expanding role in AI computing, including its move beyond…
Advanced Micro Devices Inc. (AMD) grabbed investors’ attention on Thursday as its shares surged nearly 8%, lifting the chipmaker’s market capitalization back above the $900 billion mark for the third time in less than a month.
AMD just crossed a threshold that only a handful of chip companies have ever reached, but the same rally that created a trillion dollar milestone may have put the stock in an uncomfortable position relative to where our model says it should trade.