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AMD nears $1 trillion market cap after raising chip prices 10% amid strong AI demand.

Market News
21 Sep 2026
24/7 Wall Street
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Bullish
AMD nears $1 trillion market cap after raising chip prices 10% amid strong AI demand.

Advanced Micro Devices (AMD) is close to reaching a $1 trillion market capitalization, currently at about $992.4 billion, driven by a 10% price increase on AI accelerators, consumer GPUs, and chipsets. This price hike reflects strong demand outpacing supply, particularly in the data center segment, which grew 107% year over year to $6.718 billion. AMD's Q2 2026 revenue rose 50.1% year over year to $11.54 billion, with non-GAAP gross margins expanding to 56%. Management expects continued strong growth, forecasting Q3 revenue around $13 billion and data center revenue to more than double in 2027. The stock has surged over 180% year to date, with positive analyst sentiment and a solid balance sheet supporting further gains. The next key test will be the Q3 earnings report to confirm these optimistic projections.

AMD's market capitalization on Pluang stands at $913.89 billion as of September 22, 2026, 02:02 WIB, showing strong investor interest despite not yet reaching the $1 trillion milestone mentioned in the news. The stock price is currently $612.19 with a notable 1-day gain of 9.35%, reflecting positive momentum. Trading volume is robust at 31,867,285 shares, while the typical hold time is 92 days, indicating a moderate-term investment horizon among Pluang users.

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