Channel News Asia·Singapore·Monday, September 21, 2026 at 02:20 PM

AMD becomes latest chipmaker to reach $1 trillion valuation on AI demand

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CNA

21 Sep 2026 10:20PM

Sept 21 : Advanced Micro Devices soared past $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone, as investors bet on its expanding role in artificial intelligence computing.

Its shares were last up 9.6 per cent at $613.50, hitting a record high.

Source: Reuters

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