New York, Sept 21, 2026 (AFP) - AMD latest chipmaker to reach $1 tn valuation on AI boom

NAMPA / AFP

2026-09-21

US chip company AMD became the latest equity to reach a $1 trillion valuation Monday due to the massive investment boom over artificial intelligence. Near 1510 GMT, AMD shares were up 9.4 percent at $612, extending a surge that has added some $200 billion in valuation to the semiconductor company in a week. The California-based company, which has announced ventures with both OpenAI and Anthropic, notched a 50 percent jump in second-quarter revenu......

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