TLDR Tech / Hardware
AMD Becomes the Fourth US Chipmaker to Reach a $1 Trillion Valuation
AMD shares jumped 9.6% to a record $613.31 on Monday, pushing its market cap above $1 trillion for the first time and making it the fourth US chipmaker to cross the threshold, after Nvidia, Broadcom, and Micron. The stock has gained roughly 185% in 2026, far outpacing the Nasdaq's 15.8%, as AMD increasingly positions itself as a full AI computing infrastructure competitor to Nvidia, selling complete systems combining processors, networking equipment, and related hardware rather than standalone accelerator chips.
Read the full story