AMD briefly surpassed a $1 trillion market value after a nearly 13% rally, driven by strong demand for CPUs fueled by AI growth. CNBC's Jim Cramer praised CEO Lisa Su for transforming AMD from a $2.5 billion company in 2014 to a leading chipmaker competing with Intel and Nvidia. The rise of AI agents, like Meta's Muse, is expected to further increase demand for AMD's high-end CPUs and GPUs, positioning the company well for continued growth despite potential short-term pullbacks.
While AMD surged to briefly join the $1 trillion club, Nvidia trades near its 52-week high at USD 229.13, up 1.80% as of Sep 29, 2026 05:11 WIB on Pluang. In contrast, Meta Platforms is down 4.50% at USD 717.80, closer to its 52-week low of USD 525.72, with a market cap of $1.91 trillion. This shows differing momentum among major tech players amid the AI-driven chip demand narrative.
Meta Platforms, Inc. received a Buy rating following its Meta Connect event, driven by new AI and hardware initiatives. The launch of the AI agent Muse, integrated with VR glasses and the Charm device, opens new revenue opportunities beyond advertisi...
Meta Platforms now trades at a forward price-to-earnings ratio of 24, aligning it with other major tech companies after a fundamental reassessment. The company's substantial revenue of $228 billion over the trailing twelve months and net profit of $6...
Anthropic CEO Dario Amodei, Meta CEO Mark Zuckerberg, and other leading tech executives including Alphabet's Sundar Pichai and Nvidia's Jensen Huang met with President Donald Trump and House Speaker Mike Johnson to discuss AI development and safety. ...
Meta Platforms has delivered a strong 32% total return in the past month driven by new revenue opportunities in AI agents, enterprise AI, and virtual reality. Despite this growth, the company's forward price-to-earnings ratio has expanded to 21.5x fo...
Meta Platforms Inc has introduced the Meta Enterprise Platform, designed to provide businesses with AI-powered tools like the Muse agent, Meta Business Agent, Muse API, and Muse Code. This initiative aims to leverage Meta's advanced AI models and inf...
