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Intel and AMD shares jump as AI chip demand boosts the sector and AMD plans price hikes.

Market News
21 Sep 2026, 20:06 WIB
Proactive Investors
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Bullish
Intel and AMD shares jump as AI chip demand boosts the sector and AMD plans price hikes.

Shares of Intel, AMD, and Arm Holdings rose sharply due to strong investor interest in AI-related stocks. AMD's market cap briefly topped $1 trillion, supported by a planned 10% price increase on key chips due to higher wafer costs. The rally reflects ongoing confidence in companies benefiting from AI infrastructure growth, despite recent sector volatility. Lower crude prices and Treasury yields also helped lift broader market sentiment.

Arm Holdings surged 15.83% to USD 319.25 on Pluang as of Sep 22, 2026 00:21 WIB, marking a strong day for AI chip-related stocks. Intel also rose sharply by 11.99% to USD 121.62, reflecting heightened investor interest in technology firms linked to AI infrastructure. These gains come amid broader market optimism, supporting the sector's momentum seen in the news.

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