AMD surges near 10% to $1 trillion market cap, fourth US chip company ever
新智元 · wechat · 2026-09-22
AMD closed at a record $615.52, pushing its market cap past $1 trillion and making it the fourth US chip company to reach the milestone after Nvidia, Broadcom and Micron. Lisa Su took over in 2014 when the stock traded under $2; Intel ($644B) is now worth less than AMD.
- Up 25% over five sessions, 185% YTD vs Nasdaq's 15.8%
- Key shift: selling full racks — the July Helios rack packs 72 MI455X GPUs, 18 EPYC CPUs and 31TB of HBM4 for 2.9 EFLOPS per cabinet
- OpenAI and Meta each signed 6GW deals, Anthropic up to 2GW, with Microsoft and Oracle also on board; Anthropic reportedly had Claude itself configure a MI355X rack over a weekend
- Agent-driven inference demand boosts server CPUs: Q2 revenue of $11.54B (+50% YoY), data center at $6.7B (+107%), with Su projecting $70B by 2027
- Forward P/E of 41x vs Nvidia's 16x
Related event: AMD Crosses $1 Trillion Market Cap for the First Time(11 posts)→
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