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    AMD becomes latest chipmaker to reach $1 trillion valuation on AI demand

    Picture of Advanced Micro Devices logoAdvanced Micro Devices
    21/09/2026 15:16
    AMD becomes latest chipmaker to reach $1 trillion valuation on AI demand
    Sept 21 (Reuters) - Advanced Micro Devices AMD.O soared past $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone, as investors bet on its expanding role in artificial intelligence computing.
    Its shares were last up 9.6% at $613.50, hitting a record high. 

     (Reporting by Purvi Agarwal in Bengaluru; Editing by Joyjeet Das)
     ((Purvi.Agarwal@thomsonreuters.com;))

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