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American multinational semiconductor company
Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California. It develops central processing units (CPUs), graphics processing units (GPUs), field-programmable gate arrays (FPGAs), system-on-chips (SoCs), and high-performance computer components. AMD serves a wide range of business and consumer markets, including personal computers (PCs), gaming, data centers, and embedded systems.
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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.
Melius Research analyst Ben Reitzes laid out separate paths for AMD and Micron to double their valuations after both companies crossed the $1 trillion threshold in 2026.