Bullish
AMD's stock hits record high, surpassing $1 trillion market cap.
In the past 24 hours, AMD's stock price has reached a new record high, pushing its market capitalization beyond $1 trillion. This surge is attributed to significant partnerships and analyst upgrades, reflecting strong investor confidence in AMD's growth prospects.
Key points
- AMD's stock price reached a record $606.98, marking a 183% increase this year.
- OpenAI agreed to deploy 6 gigawatts of AMD Instinct GPUs, starting with a 1-gigawatt MI450 rollout in the second half of this year.
- Oracle committed to purchasing 50,000 MI450 accelerators over the same period.
- Raymond James upgraded AMD to a Strong Buy rating with a $641 price target.
Sources
- AMD Stock Hits Fresh Record High, Up 183% This YearMarketDash News · September 21, 2026
- AMD beats Intel to the trillion-dollar club as stock price soarsTom's Hardware · September 21, 2026
- AMD shares hit record high, spark global chips rally on AI demand optimismReuters · May 6, 2026
- AMD Reports Fourth Quarter and Full Year 2025 Financial ResultsAMD Investor Relations · February 3, 2026
AI-generated from public news sources. Not financial advice.
