AMD briefly joined the $1 trillion club on Monday as its shares hit a record high, capping a 2026 surge of about 185%. Behind the headline number, investors are effectively paying well over 100 times AMD's recent profits, with the stock already trading on roughly 143 times trailing earnings before the latest jump.
Advanced Micro Devices (AMD), the semiconductor company that makes server processors and artificial intelligence accelerators, was last up 9.6% at $613.31 after hitting a record $613.92. The move briefly put its market value above $1 trillion, making AMD the fourth US chipmaker to touch that level after Nvidia, Broadcom and Micron.
